What are the responsibilities and job description for the Quantitative Model Developer position at Motion Recruitment?
Grow your career as a Quantitative Model Developer with an innovative global bank. Contract role with strong possibility of extension. Will work remotely.
Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6 Months
Required Skills & Experience
Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 6 Months
Required Skills & Experience
- Bachelor’s/University degree in a quantitative discipline
- 7 years of post-Master’s work experience; or 5 years of post-PhD work experience
- Strong understanding of quantitative modeling approaches (particularly OLS and time series), obtained through model development
- Experience in financial quantitative modeling at a large global bank or financial institution
- Extensive, hands-on experience developing standardized implementation approaches and implementing models using standardized approaches
- Experience implementing interconnected models, where the output of one model is used as the input to another model
- Very proficient in Python coding
- Some understanding of economic concepts is useful
- Self-motivated and detail oriented
- Demonstrated project management and organizational skills and capability to handle multiple projects at one time
- Advanced post-graduate degree (PhD, Masters)
- Develop and enforce best practices for model implementations
- Construct standardized approaches, like functions, classes, and libraries, for implementing various models
- Use hands-on skill in quantitative model development to code and implement a series of interconnected models in an IT platform
- Serve as an expert resource to more junior developers and help ensure model code is standardized, efficient, and well documented
