Overview
On Site
Compensation information provided in the description
Contract - Independent
Skills
Analytics
Pricing
Fixed Income
Profit And Loss
Regulatory Compliance
Development Testing
Collaboration
IT Management
Mentorship
Computational Finance
Physics
Mathematics
Statistics
Computer Science
Trading
Financial Services
Python
Finance
Testing
Modeling
Market Risk
Value At Risk
Documentation
Communication
Microsoft Excel
Microsoft PowerPoint
Privacy
Marketing
Job Details
Location: New York City, NY
Salary: $130.00 USD Hourly - $155.00 USD Hourly
Description:
Job Title: Senior Manager - Market Risk Modeling (Small Loan Trading)
Type: 6+ Month Contract
Location: Hybrid - NYC (Midtown Manhattan)
About the Role Our client is looking for a Quantitative professional to lead market risk modeling efforts for small loan trading, with a strong emphasis on leveraged loan products. This role requires deep expertise in pricing, risk analytics, and regulatory-aligned model development.
Responsibilities
Minimum Qualifications
Preferred Qualifications
By providing your phone number, you consent to: (1) receive automated text messages and calls from the Judge Group, Inc. and its affiliates (collectively "Judge") to such phone number regarding job opportunities, your job application, and for other related purposes. Message & data rates apply and message frequency may vary. Consistent with Judge's Privacy Policy, information obtained from your consent will not be shared with third parties for marketing/promotional purposes. Reply STOP to opt out of receiving telephone calls and text messages from Judge and HELP for help.
Contact:
This job and many more are available through The Judge Group. Please apply with us today!
Salary: $130.00 USD Hourly - $155.00 USD Hourly
Description:
Job Title: Senior Manager - Market Risk Modeling (Small Loan Trading)
Type: 6+ Month Contract
Location: Hybrid - NYC (Midtown Manhattan)
About the Role Our client is looking for a Quantitative professional to lead market risk modeling efforts for small loan trading, with a strong emphasis on leveraged loan products. This role requires deep expertise in pricing, risk analytics, and regulatory-aligned model development.
Responsibilities
- Develop and enhance pricing and risk models for fixed income trading, particularly leveraged loans
- Apply advanced calibration techniques and model theory, including one-factor interest rate models (e.g., Hull-White)
- Design and validate Profit and Loss (PnL) attribution frameworks for trading desks
- Conduct model sensitivity analysis (Greeks), Value at Risk (VaR) using historical simulation, and ensure compliance with SR 11-7 regulatory guidelines
- Lead documentation efforts for model development, testing, and implementation
- Collaborate cross-functionally with trading, risk, and technology teams to deliver robust modeling solutions
- Provide technical leadership and mentorship to junior modelers and analysts
Minimum Qualifications
- Advanced degree (Master's or Ph.D.) in a quantitative field: Finance, Engineering, Physics, Mathematics, Statistics, Computer Science, or Quantitative Finance
- 7-10 years of experience in market risk modeling for trading book products within financial services
- Strong command of Python for financial model development and testing
- Hands-on experience with vendor-based modeling platforms such as Numerix or equivalent
- Deep understanding of market risk concepts, including VaR, Greeks, and model validation practices
- Proven ability to produce high-quality documentation and implementation guides
Preferred Qualifications
- Expertise in one-factor interest rate models, especially Hull-White
- Strong communication skills with the ability to explain complex concepts to non-technical stakeholders
- Proficiency in Microsoft Excel, Word, and PowerPoint
- Demonstrated ability to work independently and collaboratively in fast-paced environments
By providing your phone number, you consent to: (1) receive automated text messages and calls from the Judge Group, Inc. and its affiliates (collectively "Judge") to such phone number regarding job opportunities, your job application, and for other related purposes. Message & data rates apply and message frequency may vary. Consistent with Judge's Privacy Policy, information obtained from your consent will not be shared with third parties for marketing/promotional purposes. Reply STOP to opt out of receiving telephone calls and text messages from Judge and HELP for help.
Contact:
This job and many more are available through The Judge Group. Please apply with us today!
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.