Quantitative Services Professional

$85,000 - $115,000 yearly
  • The Resume Review - Recruiting Department
  • Charlotte, NC, USA
  • Nov 15, 2022
Full time Accounting Finance

Job Description

Job description
LOB Specific Description:
The current opening is for a Quantitative Services Professional who will work in a team setting to ensure successful delivery of xVA risk, hedge and analytics reports & other projects and initiatives related to valuation model validation and risk analytics to the front office.
 
Responsibilities:
  • Provide enhanced analysis of market data and risk explains to front office based on daily statistical model output.
  • Work closely with xVA desk and our various quant teams in NYC and London to help provide timely solutions to ad-hoc projects assigned by the traders.
  • Review and verify the model inputs feeding the xVA risk calculations, assess production xVA analytics results for errors.
  • Work directly with the front office and technology teams on issues discovered through technology testing, model validation and daily risk reporting.
  • Assets in BAU functionality within the team as required for the smooth operation of the QS xVA team.
 
Required Skills: (Must have these skills to be minimally qualified)
  • At least 3 years of experience working in a quantitative risk, technology, or front office role.
  • Bachelors or higher in Finance, Computer Science or Quantitative field.
  • Excellent communication skills required.
  • Strong analytical & technical skillset including experience using Excel, VBA, SQL, Python.
  • Ability to Multitask and manage dynamic and changing priorities with the desk.
  • Experience pricing OTC derivative products including futures, options, swaps, credit default swaps, forward rate agreements and swaptions.
  • Knowledge of Financial Risk Management, Credit Risk Models, Value at Risk (VaR).
 
Desired Skills:
  • Experience working in a support function to Front Office / Traders preferred.
  • Previous Experience of Dealing with Senior Level professionals including Traders preferred.
 
Other Qualifications:
  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
  • Excels in working among diverse viewpoints to determine the best path forward.
  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.
  • Commitment to challenging the status quo and promoting positive change.
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
 
Enterprise Role Overview:
Leads large project or multiple projects & initiatives that are significant in scope and impact. Works independently, with limited direction, and is evaluated through end results. May provide technical leadership. Interacts extensively with our various contacts to identify, research, analyze and resolve complex problems or to develop, sell or service significant revenue-generating products. Has extensive functional or professional knowledge.
 
Key Responsibilities:
Provides support on valuation models for the xVA business, applies the theory and mathematics behind various models. Builds out analytical and technical tools for validations of new models/methodology. Provides in-depth impact analysis or scenario analysis of quantitative measurements. Develops reporting of various risk metrics complied with business and regulatory requirements. Acts as a liaison to our Front Office business partners, and provides support where necessary.  Understands financial products across all asset classes and has extensive knowledge of technical implementations. Possess degree in physics, applied mathematics, statistics/probability, economics, finance or another heavy quantitative and/or financial discipline.