Senior Quantitative Developer

Our client is a major player in the securities clearing infrastructure andadvances industry-leading solutions that help secure and shape the future growth and development of the global financial marketplace. Standingat the center of global trading activity, they currentlyprocess trillions of dollars of securities transactions every day.
Based on recent changes in the regulations for Gap Risk and Value at Risk (VaR) methodologies, they have a contract position open for a senior quantitative developer in Jersey City. The role will be hourly paid on a W2 contractor basis. The contract may be extended depending on performance.
If you have the following essentials, then read on:
Master's degree in a quantitative discipline
Five years + of experience in financial market risk management and quantitative modeling
Hands-on experience developing complex financial models
Strong knowledge of equity production, particularlywith exchange-traded funds (ETFs)
Proficiency with SQL;
with knowledge ofat least one high-level language such as R, Python, or Matlab
Job Summary:
Research and prototype risk model for newly issued exchange-traded funds (ETFs)
Extend the scope for the Hybrid VaR as a benchmark for existing VaR methodology
Assist in the National Securities Clearing Corp (NSCC) Mark to Market (MTM) passthrough effort
Facilitate specification of modelsand communicate with stakeholders such as Market Risk, and Risk Technology teams
Qualifications:
Master's degree in a quantitative discipline
Five years + of experience in financial market risk management and quantitative modeling
Hands-on experience developing complex financial models
Strong knowledge of equity production, particularly with exchange-traded funds (ETFs)
Proficiency with SQL;
with knowledge of at least one high-level language such as R, Python, or Matlab
Ability to operate in a dynamic and highly evolving marketplace
Work collaboratively with in-house teams to manage risk, create efficiencies and reduce costs
Be able to contribute effectively and positivelywith a diverse workforce that is focused only on success within the organization
Make a Difference:
Our client delivers resiliency, value, and expertise to its clients. They werebuilt in partnership with the industry to provide stability and efficiency in the global capital markets. With a focus on exceptional service, they promise to advance solutions and next-level innovation.
NOTE:
If you are an emerging talent in the quantitative modeling of risk in securities clearing and don't quite meet the five essential skills/experiences today, please submit your resume anyway as we expect additional roles to open in the future.
Contract Work - Will be on a W2 contract employee basis