Market Risk Analytics Consultant

Software Guidance & Assistance, Inc., (SGA), is searching for a Market Risk Analytics Consultant for a contract assignment with one of our premier financial services clients in New York, NY.

Responsibilities :

• Strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business.
• Support market risk analytics projects in multiple areas, including FRTB (Fundamental Review of the Trading Book, the next generation of market risk regulatory framework) CCAR (Comprehensive Review of the Trading Book), and LIBOR transition;
• Develop market risk models critical for quantifying the market risk exposures of firm's trading book and calculating regulatory capital;
• Collaborate with other teams include Risk IT to implement new models, resolve production issues and enhance existing implementation;
• Calibrate model parameters, perform variance analysis to explain the changes in model output due to parameter updates;
• Perform ongoing analysis of models, including backtesting and profit attribution analysis (PAA);
• On a regular basis, engage market risk managers and the businesses on analytics-related matters;
• Develop and maintain technical documentation;
• Support various tasks in response to regulatory and internal risk management requirements

Required Skills:

• Master's Degree or equivalent in STEM or other quantitative fields required (Mathematics, Statistics, Financial Engineering, Quantitative Finance etc.) with 2+ years of Quantitative experience.
• Fewer years of relevant experience will be considered for candidates with higher academic qualifications and/or certifications such as a PhD, a second Master's degree, CPA or CFA
• Strong technical skills, proficiency in a computational language such as Python or R is required;
• Experience with analyzing large and complex data sets;
• Good verbal and written communication skills

Preferred Skills:

• Familiarity with SQL and UNIX is a plus;

SGA is a technology and resource solutions provider driven to stand out. We are a women-owned business. Our mission: to solve big IT problems with a more personal, boutique approach. Each year, we match consultants like you to more than 1,000 engagements. When we say let's work better together, we mean it. You'll join a diverse team built on these core values: customer service, employee development, and quality and integrity in everything we do. Be yourself, love what you do and find your passion at work. Please find us at .

SGA is an Equal Opportunity Employer and does not discriminate on the basis of Race, Color, Sex, Sexual Orientation, Gender Identity, Religion, National Origin, Disability, Veteran Status, Age, Marital Status, Pregnancy, Genetic Information, or Other Legally Protected Status. We are committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, and our services, programs, and activities. Please visit our company to request an accommodation or assistance regarding our policy.