Associate - Counterparty Risk Quant
Associate - Counterparty Risk Quant
A leading Investment Bank in NYC is looking to hire an Associate level candidate specialized in Counterparty Risk model development to join their Quantitative Counterparty Risk Analytics team.
This hire will report directly to the Head of Risk Analytics and be responsible for the development and methodology of Counterparty Risk Models. This individual will join a growing team and have the ability to lead the team from day one. This candidate can have great exposure to senior management senior decision makers in the business as they continue to grow. Candidates will be responsible for hands on model development, and assisting and building models from scratch.
The ideal hire will be coming from a Risk or Quant background with experience in Market Risk Models, Market Risk Analytics, XVA Analytics, and Pricing Models. Candidates must be proficient in Python, C++, R, or SQL.
Responsibilities:
- Build and develop Counterparty Risk Models (PFE, EPE, XVA) in relation to for the firm's Traded Asset Classes (IR/FX/Credit)
- Engage with Risk Managers and FO Quants to understand methodology procedures for Model Development
- Develop new Risk Analytics and tools for Portfolio
- Work in the full model development life cycle from methodology to development to implementation
Qualifications:
- PhD or Advanced Degree in a Quantitative Function (Statistics, Mathematics, Physics, Quantitative Finance, etc.)
- 1+ Years of experience developing or validating Derivatives Pricing models
- Working experience on Market Risk Model development and deep understanding of FRTB, Basel III Endgame, CCAR, RWA, and Capital Requirements
- Working ability in Python, C++, and SQL
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your resume and details on file so when we see similar roles or see skillsets that drive growth in organizations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your resume so you can be considered for roles that have yet to be created.
Yes, we help with resume and interview preparation. From customized support on how to optimize your resume to interview preparation and compensation negotiations, we advocate for you throughout your next career move.