Demo

Quantitative Developer

KLM Careers
Jersey, NJ Full Time
POSTED ON 3/16/2025
AVAILABLE BEFORE 4/4/2025

The Quantitative Developer will be pivotal in researching and prototyping risk models for newly issued ETFs. This role will also involve extending the scope of the Hybrid VaR as a benchmark for existing VaR methodology and assisting with the NSCC MTM passthrough effort. You will facilitate model specifications and ensure clear communication with stakeholders such as the Market Risk and Risk Technology teams.

Compensation and Benefits

  • Competitive salary based on experience
  • Health, dental, and vision insurance
  • Retirement savings plan
  • Generous vacation and paid time off policy
  • Flexible working environment with a hybrid model

Why you should apply for this position today

This role offers the opportunity to work at the cutting edge of financial modeling and risk management. As a Quantitative Developer, you will contribute to innovative projects that directly impact the financial market, while being part of a dynamic team.

Skills

  • Proficient in SQL
  • Knowledge of high-level programming languages such as R, Python, or Matlab is a plus
  • Hands-on experience in developing complex financial models
  • Solid equity production knowledge, specifically with ETFs
  • Detail-oriented and a strong team player
  • Responsibilities

  • Research and prototype risk models for newly issued ETFs
  • Extend the Hybrid VaR benchmark for existing VaR methodology
  • Assist in the NSCC MTM passthrough effort
  • Facilitate model specifications and communications with key stakeholders
  • Qualifications

  • 5 years of experience in financial market risk management and quantitative modeling
  • Masters degree in quantitative disciplines
  • Proficiency in SQL and familiarity with programming languages such as R, Python, or Matlab
  • Experience in developing complex financial models
  • Knowledge of equity production, especially ETFs
  • Education Requirements

  • Masters degree in quantitative disciplines
  • Education Requirements Credential Category

  • Graduate degree in a quantitative field
  • Experience Requirements

  • Minimum of 5 years in financial market risk management and quantitative modeling
  • Proven hands-on experience in developing financial models
  • Solid understanding of equity production and ETFs
  • Why work in Jersey City, NJ

    Jersey City offers a vibrant urban experience with a rich cultural landscape, excellent dining options, and a strong sense of community. The citys strategic location near New York City provides easy access to a plethora of professional opportunities in finance and technology. With its growing tech ecosystem and beautiful waterfront views, Jersey City is an attractive place to work and live.

    Employment Type : Contractor

    Education Level : Bachelor's degree

    Qualifications : 1. Do you have 5 years of experience in financial market risk management and quantitative modeling 2. Do you have a Masters degree in quantitative disciplines 3. Are you proficient in SQL, any other high level programming languages, such as R, Python, Matlab, is a plus 4. Do you have hands on experience on developing complex financial models. 5. Do you have solid equity production knowledge, especially ETFs 6. Must be a US Citizen or Green Card holder.

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