Calculation Engineer / Quantitative Developer

Job Title: Calculation Engineer / Quantitative Developer

Location: Jersey City, NJ (5 Days Onsite)
Duration: 6 12+ Months Contract

Key Requirements:

• Strong foundation in Linear Algebra, Statistics, and Time Series Analysis

• Experience in implementing analytics within risk or calc engines to compute:

  • Valuation

  • Return

  • 1st order risk measures (e.g., DV01, delta, duration)

• Proficient in Python, Java, and SQL

• Experience with simulation or analytics frameworks is a plus

• Solid understanding of:

  • Equity & Fixed Income Products

  • Exchange-Traded Derivatives

  • Portfolio Analysis

  • Fund Accounting and NAV Calculation

Role Overview (Calculation Engineer Focus):

This hybrid role blends quantitative finance and simulation engineering. You will work on implementing and optimizing calculation logic for financial models and risk analysis across a diverse portfolio of financial products.

Responsibilities:

• Develop and integrate risk/valuation analytics in a calculation or risk engine

• Conduct computational simulations to evaluate performance and behavior under various market scenarios

• Analyze and optimize results from simulations and financial calculations

• Collaborate with financial engineers, quants, and developers to ensure accurate model implementation

• Generate technical documentation, reports, and justifications for model outcomes

• Ensure compliance with financial regulations and internal modeling standards

Tools & Technologies:

• Programming: Python, Java

• Databases: SQL

• Simulation/Calc Engines (proprietary or 3rd party)

• Familiarity with CAD/CAE or other modeling tools is a plus (for simulation-heavy roles)

Ideal Candidate:

A hands-on Quant Developer or Calc Engineer with cross-functional expertise in computational modeling, financial analytics, and technical programming able to bridge theory and real-world application in finance.