What are the responsibilities and job description for the Quantitative Developer, Jersey City NJ position at Confidential?
Position Summary :
This role offers an opportunity to work in a dynamic financial environment , leveraging quantitative expertise to develop risk models and enhance financial analytics . As a Quantitative Developer , you will play a key role in researching and prototyping risk models for newly issued ETFs , refining Hybrid VaR models , and contributing to market risk initiatives .
The ideal candidate has strong financial modeling experience , expertise in risk management , and proficiency in SQL and other programming languages such as Python, R, or MATLAB. This position requires an individual who is detail-oriented, collaborative, and capable of translating complex financial concepts into actionable insights .
Primary Responsibilities :
- Research and prototype risk models for newly issued ETFs .
- Extend the Hybrid VaR model as a benchmark for the existing VaR methodology.
- Assist in the NSCC MTM passthrough effort , ensuring accuracy and efficiency.
- Collaborate with Market Risk and Risk Technology teams to define and refine model specifications.
- Communicate quantitative risk methodologies to key stakeholders effectively.
- Develop and enhance complex financial models to support market risk analysis.
Qualifications & Skills :
Additional Information :
PI261496748
