What are the responsibilities and job description for the Quantitative Solutions Manager - Market Risk Model position at Forvis Mazars?
Description & Requirements
We are seeking an experienced Quantitative Solutions Manager with at least five years of experience in market risk models (development, validation, and consulting) and market risk consulting. This is a unique opportunity to join an experienced team dedicated to providing Unmatched Client Service to leading financial services institutions at time of immense growth. You will help drive our Quantitative Solutions practice forward and support our growing demand for market risk modeling services. As a Manager, you will join a team dedicated to developing, validating, and / or optimizing market risk models, and ensure regulatory compliance while providing value-added insights as a consultant.
How you will contribute :
- Manage client relations acting as a trusted advisor on the subject of market risk modeling and management. Listen and understand client needs and help deliver tailored solutions.
- Develop and validate market risk methodologies including Value-at-risk (VAR), Monte Carlo simulations, Conditional Value-at-risk (CVAR), Expected Shortfall (ES), Risk Contribution and Attribution models, etc.;
- Create and execute design and application of market risk reporting and analytics in a financial services organization
- Bring subject matter expertise on market risk at an enterprise level, contributing to comprehensive market and counterparty-risk related engagements that extend beyond market risk modeling.
- Advise clients on regulatory requirements (e.g. FRTB) and guide them in developing, implementing, and governing models that meet compliance standards.
- Coordinate with Partner / Managing Director, Senior Manager, and staff on all phases of the client engagement including initial scoping, contract, information requests, timely and proactive client communications, staffing, oversight, project execution, quality assurance review, report, and deliverable preparation and client delivery meetings.
- Delegate work and review work performed by staff in accordance with their experience and capabilities, ensuring quality and accuracy of deliverables. At times, performing technical work alongside staff to ensure Unmatched Client Service
We are looking for people who have Forward Vision and :
Minimum Qualifications :
Preferred Qualifications :
LI-CLTU, #LI-NYC
LI-CH1
New York City Pay Transparency
Pursuant to the pay transparency laws of New York State and other local ordinances within the state including (but not limited to) New York City, the salary range displayed is for the New York markets. The salary for this role will be based on the experience, education, and skill set of the individual for the position. Total compensation and benefits consist of salary, group health plan benefits, 401(K), profit-sharing contributions, flexible time off, and parental leave. Forvis Mazars reserves the right to make changes to the salary range based on business needs.
New York Salary Range :
NY Minimum Salary (USD)
92,100
NY Maximum Salary (USD)
192,000
Salary : $192,000
