Quantitative Analyst

New York, NY

Hybrid

Contract

$91/hr - $98/hr

Grow your career as a Quantitative Analyst with an innovative global bank in New York, NY. Contract role with strong possibility of extension or conversion to full-time employment. Will require working a hybrid schedule 3 days onsite per week.

Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. Will support the front office In-Business Risk team, working along with the trading and XVA desks in managing their market risk metrics and capital. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Contract Duration: 12+ Months

Required Skills & Experience

• A PhD or Master’s in a technical discipline such as Statistics, Computer Science, Mathematics, Physics, Quantitative Finance, Operations Research or similar.

• 4+ years of experience in quantitative modeling in the financial industry.

• Product knowledge of at least one asset class.

• Strong technical/programming skills such as in Python or C++.

• Familiar with SQL, and experience working with large dataset.

• Familiar with software development principles.

• Able to design, structure, and modularize complicated program.

• Experience with statistical analysis and calculations using market data.

• Understanding of commonly used market risk metrics and method such as VaR, stress testing.

Desired Skills & Experience

• Experience in Rates or Equities.

• Exposure to pricing models to evaluate risks of complex financial instruments.

What You Will Be Doing

• Build analytical tools and applications for the business and traders’ use to assess market risk and capital metrics, and to develop efficient portfolio level hedge strategies.

• Perform in-depth diagnosis of the current market risk and capital models and processes, partner with the business and other quant teams to propose and drive enhancement.

• Partner with traders, provide cost-benefit analysis to help on business prioritization, guidance and direction.

• Liaise with asset class quant teams to improve existing pricing models, to align with regulatory requirement and strengthen the process used for calculating risk metrics and valuation.

• Develop and maintain large-scale in-house python and C++ analytics libraries.

• Appropriately assess risk/reward of transactions when making business decisions; and ensure that all team members understand the need to do the same, demonstrating proper consideration for the firm’s reputation.

• Be familiar with and adhere to the company’s Code of Conduct and the Plan of Supervision for Global Markets and Securities Services; and ensure that all team members understand the need to do the same.

• Adhere to all policies and procedures as defined by the role which will be communicated.

• Obtain and maintain all registrations/licenses which are required for your role, within the appropriate timeframe.

You will receive the following benefits:

• Medical Insurance - Four medical plans to choose from for you and your family

• Dental & Orthodontia Benefits

• Vision Benefits

• Health Savings Account (HSA)

• Health and Dependent Care Flexible Spending Accounts

• Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance

• Hospital Indemnity Insurance

• 401(k) including match with pre and post-tax options

• Paid Sick Time Leave

• Legal and Identity Protection Plans

• Pre-tax Commuter Benefit

• 529 College Saver Plan

Motion Recruitment Partners is an Equal Opportunity Employer, including Veterans/Disability/Women. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Accommodation will be provided in all parts of the hiring process as required under Motion Recruitment Employment Accommodation policy. Applicants need to make their needs known in advance.

Posted by: Melissa Klein

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