Quantitative Analyst -FRTB

New York City, NY, US • Posted 60+ days ago • Updated 7 hours ago

Contract W2

On-site

$65 - $72/hr

Motion Recruitment Partners, LLC

Fitment

Dice Job Match Score™

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Job Details

Skills

FOCUS
Banking
Brand
Financial Services
Mathematics
Statistics
Computational Finance
Finance
Basel
Python
R
Communication
Value At Risk
Certified Public Accountant
Control Flow Analysis
SQL
Unix
Trading
Collaboration
Analysis Of Variance
Testing
SAP BASIS
Market Risk
Analytics
Technical Writing
Risk Management

Summary

Grow your career with an innovative global bank as a Quantitative Analyst with a focus on FRTB. Contract role with strong possibility of extension. 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. 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: 3+ Months
Required Skills & Experience

Bachelor's Degree or equivalent in STEM or other quantitative fields required (Mathematics, Statistics, Financial Engineering, Quantitative Finance etc.).
5+ years of Risk Analytics experience.
Solid understanding of financial products and the regulatory environment-FRDTB, Basel 2.5, value-at-risk (VaR) concepts.
Must have strong programming skills in Python (preferred) or R
Must have Market risk analytics experience and familiarity with regulatory environment.
Experience with analyzing large and complex data sets.
Good verbal and written communication skills.

Desired Skills & Experience

Experience with FRTB, VaR, and regulatory change adaptation.
Masters or PhD, CPA or CFA preferred if lacking 2+ years of Quantitative experience.
Familiarity with SQL and UNIX.

What You Will Be Doing

Support market risk analytics projects in multiple areas, including FRTB (Fundamental Review of the Trading Book, the next generation of market risk regulatory framework).
Develop market risk models critical for quantifying the market risk exposures of trading book and calculating regulatory capital.
Collaborate with other teams including 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 back testing and profit attribution analysis (PAA).
On a regular basis, engage market risk managers and businesses on analytics-related matters.
Develop and maintain technical documentation.
Support various tasks in response to regulatory and internal risk management requirements.

Bachelor's Degree or equivalent in STEM or other quantitative fields required (Mathematics, Statistics, Financial Engineering, Quantitative Finance etc.).
5+ years of Risk Analytics experience.
Solid understanding of financial products and the regulatory environment-FRDTB, Basel 2.5, value-at-risk (VaR) concepts.
Must have strong programming skills in Python (preferred) or R
Must have Market risk analytics experience and familiarity with regulatory environment.
Experience with analyzing large and complex data sets.
Good verbal and written communication skills.

Desired Skills & Experience

Experience with FRTB, VaR, and regulatory change adaptation.
Masters or PhD, CPA or CFA preferred if lacking 2+ years of Quantitative experience.
Familiarity with SQL and UNIX.

What You Will Be Doing

Support market risk analytics projects in multiple areas, including FRTB (Fundamental Review of the Trading Book, the next generation of market risk regulatory framework).
Develop market risk models critical for quantifying the market risk exposures of trading book and calculating regulatory capital.
Collaborate with other teams including 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 back testing and profit attribution analysis (PAA).
On a regular basis, engage market risk managers and businesses on analytics-related matters.
Develop and maintain technical documentation.
Support various tasks in response to regulatory and internal risk management requirements.

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.

Dice Id: 10105282
Position Id: 797266
Posted 30+ days ago

Company Info

About Motion Recruitment Partners, LLC

Motion Recruitment delivers IT Talent Solutions for Contract, Direct Hire, Managed Solutions and Statement of Work to all of North America from our 21 delivery centers. Our high-touch, specialized, team-based recruitment model’s success is proven through our exemplary track record in filling the most challenging IT positions for startup and enterprise clients alike. Our hyper-specialized tech focus results in a truly consultative approach for both our clients and candidates, within our recruiting areas of expertise: Software, Mobile, Data, Infrastructure, Cybersecurity, Product + UX and Functional.

Motion also delivers IT Consulting Solutions through the Motion Consulting Group (MCG) that create true digital transformation for IT projects in Agile Development & Coaching, DevOps & DevSecOps Solutions, and Managed Services for IT Operations.

We’re also the proud creators of Tech in Motion and the Timmy Awards, our North American community platform, events series and award program that connects over 250,000 tech enthusiasts to meet, learn, and innovate.

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