Top Skills' Details
- PhD in STEM field
- Excellent programming skills (preferably with Python)
- Excellent communication skills and proactive attitude.
Responsibilities:
As a Quantitative Finance Analyst your main responsibilities will involve:
Developing and implementing new models or enhance existing models
Maintaining & developing loss forecasting and capital models
Seeking out work and enhancing current models/processes
Producing clear and coherent technical documentation for internal and regulatory purposes
Competencies:
- Qualified PhD level in a numerical discipline (e.g. Statistics, Mathematics, Physics or Engineering)
- Experience in developing, documenting & maintaining numerical models for purposes of loss forecasting or calculating capital requirements
- Demonstrates consistent attention to detail
- Proven ability to communicate complex technical concepts clearly
Essential Skills:
- Technical skills: Statistics, Probability Theory, Econometrics
- IT skills: Prior experience of using both statistical modeling tools (e.g. SAS, R) and development experience in either C++ or Python
- Documentation: Ability to clearly document quantitative models and evidence technical modeling choices
- Data analysis and interpretation. Experience of interpreting and manipulating large financial data sets
- A Practical knowledge of credit products including loans, bonds and credit derivatives
Nice to have
- Practical experience of quantitative model documentation using of LaTex or similar mathematical typesetting packages
Job Type & LocationThis is a Contract to Hire position based out of Chicago, IL.
Pay and BenefitsThe pay range for this position is $50.00 - $80.00/hr.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: Medical, dental & vision Critical Illness, Accident, and Hospital 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available Life Insurance (Voluntary Life & AD&D for the employee and dependents) Short and long-term disability Health Spending Account (HSA) Transportation benefits Employee Assistance Program Time Off/Leave (PTO, Vacation or Sick Leave)
Workplace TypeThis is a hybrid position in Chicago,IL.
Application DeadlineThis position is anticipated to close on Jan 24, 2026.
>About TEKsystems:
We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
About TEKsystems and TEKsystems Global Services We're a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We're a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We're strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We're building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
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