Market Quantitative Analyst
Collabera Inc.
IT
New York, NY, USA
USD 85-88 / hour
Posted on Feb 13, 2025
Quantitative Analyst
Contract: New York, New York, US
Salary Range: 85.00 - 88.00 | Per Hour
Job Code: 358796
End Date: 2025-03-15
Days Left: 29 days, 8 hours left
Position Details:
Industry: Banking Industry
Job title: Market Quantitative Analysis
Location: New York, NY 10013 Hybrid
Duration: 10 Months + Possible Extension
Shift hours: Std Business Hours
Start date: ASAP
Pay Range: $85/hr - $88/hr
Job Description:
- The front office Market Quantitative Analysis (MQA) is looking for a quantitative analyst in the In-Business Market Risk MQA team, working along with trading and in-business risk managers in managing market risk metrics and capital.
Responsibilities:
- Build advanced analytical tools and applications including AI powered apps, for the business and traders’ use to assess market risk, stress loss and capital metrics, and to develop efficient portfolio level hedge strategies.
- Develop well-structured high-quality code and contribute to contribute to large-scale in-house python libraries.
- Perform in-depth diagnosis of the current market risk and capital models and processes, partner with the business and other quant teams to propose and drive enhancement.
- Partner with traders, provide cost-benefit analysis to help on business prioritization, guidance and direction.
Qualifications:
- 6+ years of experience in quantitative modeling in the financial industry.
- Must have strong technical/programming skills in python.
- Experience in collaborative code development through use of Git/Bitbucket and similar platforms.
- Familiar with software development principles.
- Able to design, structure, and modularize complicated program.
- Familiar with SQL, and experience working with large dataset.
- Skilled in data cleaning, transformation, and processing using Python libraries such as pandas and numpy.
- Proficiency in delivering solutions using front-end frameworks like Angular and visualization tools like Tableau is a plus.
- Understanding of commonly used market risk metrics and method such as VaR, stress testing is a plus.
- Clear and concise written and verbal communication skills.
Education:
- A PhD or Master’s degree in a technical discipline such as statistics, mathematics, physics, computer science, quantitative finance, operations research or similar.
Skills:
- Strong python programming skills. Development experience in large scale production systems, not just offline analytical code on their own PC.
- Have experience committing code into production.
- Extensive experience in handling large amount of data.
- Knowing SQL inside out.
Quick learner.
- The person needs to pick up market risk knowledge and asset class knowledge at the job.
- Has to be open to training and expects lots of learning.
Job Requirement
- Git/Bitbucket
- VaR
- stress testing
- Master’s degree
- Market Quantitative Analysis
- market risk
- risk metrics
- SQL
- business risk manager
- market risk
- stress loss
- capital metrics
- capital models
- Quantitative Analyst
- Quantitative Analysis
Reach Out to a Recruiter
- Recruiter
- Phone
- Khushi Mehta
- khushi.mehta@collabera.com