Associate Director, Quantitative Risk Modeling, FICC

Overview

On Site
Full Time

Skills

Cross-functional team
Professional development
Life insurance
Risk management
Quantitative Analysis
Market risk
Analytical skill
Problem solving
Financial services
Modeling
IMPACT
DTCC
Collaboration
Innovation
Finance
Management
Spectrum
Data
Research
Design
Presentations
Cloud computing
Python
SQL
Snow flake schema
Mathematics
Statistics
Communication
Motivation
SAP BASIS
Trading
Teamwork
Security clearance

Job Details

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:
  • Competitive compensation, including base pay and annual incentive
  • Comprehensive health and life insurance and well-being benefits, based on location
  • Pension / Retirement benefits
  • Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
  • DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The impact you will have in this role:

Being a member of our Risk Management team, you'll work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.

Your Primary Responsibilities:
  • Conduct quantitative analyses related to risk models with emphasis on data driven research
  • Collaborate with cross-functional team to assemble data for risk modeling
  • Write model document with clear model development evidence and logic
  • Design and produce reports and presentations for sharing information with model users and model risk control functions
  • Collaborate with IT teams to Implement the risk models with advanced statistical methods in cloud-based platforms

**NOTE: The responsibilities of this role are not limited to the details above. **

Qualifications:
  • Master's degree in a quantitative discipline; PhD preferred
  • Minimum of 5 years of experience in financial market risk management and quantitative modeling with proven abilities in building/deploying sophisticated models using Python, SQL and Snowflake.

Talents Needed for Success:
  • Solid advanced math/statistics knowledge.
  • Strong analytical skills and innovative problem-solving skills
  • Excellent communication skills, both oral and written
  • Ability to deliver quality, precise work product on time
  • Acute problem solving skills, with drive and motivation to be intrinsically motivated and thrive under pressure and time constraints.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

About Us

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.

Learn more about Clearance and Settlement by clicking here .

About the Team

Our Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.

About The Depository Trust & Clearing Corporation