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Kelly

Quantitative Analyst - Market Risk

Kelly, New York, New York, us, 10261

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This range is provided by Kelly. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range

$70.00/hr - $75.00/hr Direct message the job poster from Kelly Lead Recruiter - Financial & Banking Service @ Kelly | Expert in Recruitment Strategies

Grow your career with an innovative global bank in New York, NY as a Quantitative Analyst with a focus on Market Risk. Contract role with strong possibility of extension. Will require working a hybrid schedule 3 days onsite per week. 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 What You Will Be Doing Support market risk analytics projects in multiple areas, including FRTB (Fundamental Review of the Trading Book, the next generation of market risk regulatory framework) CCAR (Comprehensive Review of the Trading Book), and LIBOR transition. Develop market risk models critical for quantifying the market risk exposures of trading book and calculating regulatory capital. Collaborate with other teams including Risk IT to implement new models, resolve production issues and enhance existing implementation. Calibrate model parameters, perform variance analysis to explain the changes in model output due to parameter updates. Perform ongoing analysis of models, including back testing and profit attribution analysis (PAA). On a regular basis, engage market risk managers and businesses on analytics-related matters. Develop and maintain technical documentation. Support various tasks in response to regulatory and internal risk management requirements. Required Skills & Experience Master’s Degree or equivalent in STEM or other quantitative fields required (Mathematics, Statistics, Financial Engineering, Quantitative Finance etc.). 2+ years of Quantitative experience. Must have strong technical skills, proficiency in a computational language such as Python or R Experience with analyzing large and complex data sets. Good verbal and written communication skills. Desired Skills & Experience PhD or 2nd Master’s degree, CPA or CFA preferred if lacking 2+ years of Quantitative experience. Familiarity with SQL and UNIX. Seniority level

Mid-Senior level Employment type

Contract Job function

Analyst, Information Technology, and Finance Industries Banking, Financial Services, and Capital Markets

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