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Motion Recruitment

Quantitative Analyst -FRTB

Motion Recruitment, New York, New York, us, 10261

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Quantitative Analyst – FRTB Contract position for >3 months with the possibility of extension. Hybrid schedule: 3 days onsite per week at a global bank with over 200 years of experience. The role focuses on market risk analytics for FRTB (Fundamental Review of the Trading Book).

Responsibilities

Support market risk analytics projects across multiple areas, including FRTB.

Develop and calibrate market risk models to quantify trading book exposures and calculate regulatory capital.

Collaborate with Risk IT and other teams to implement new models, resolve production issues, and enhance existing implementations.

Perform variance analysis, back‑testing, and profit attribution analysis (PAA) on models.

Engage regular with market risk managers and business stakeholders on analytics matters.

Maintain technical documentation and respond to regulatory and risk management requirements.

Required Skills & Experience

Bachelor’s degree or equivalent in STEM or other quantitative fields (Mathematics, Statistics, Financial Engineering, Quantitative Finance, etc.).

5+ years of risk analytics experience.

Solid understanding of financial products and regulatory environment: FRTB, Basel 2.5, VaR concepts.

Strong programming skills in Python (preferred) or R.

Experience in market risk analytics and familiarity with regulatory frameworks.

Experience handling large, complex data sets.

Excellent verbal and written communication skills.

Desired Skills & Experience

Experience with FRTB, VaR, and regulatory change adaptation.

Master’s or Ph.D., CPA or CFA preferred if lacking 2+ years of quantitative experience.

Familiarity with SQL and UNIX.

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