Quantitative Market Risk Analytics Lead

5 days ago


New York, New York, United States Creative Data Resources Full time
Job Title: Quantitative Market Risk Analytics Lead

At Creative Data Resources, we are seeking a highly skilled Quantitative Market Risk Analytics Lead to join our team. As a key member of our risk management team, you will be responsible for developing and managing analytics for risk models, including value-at-risk, stress, capital, and credit exposure models.

Key Responsibilities:
  • Manage a team focused on market risk and counterparty credit risk analytics
  • Develop, test, implement, and document risk analytics for new products
  • Lead the enhancement of infrastructure to implement new risk analytics models, including controls to monitor their performance
  • Perform quantitative research to implement model changes, enhancements, and remediation plans
  • Work with stakeholders across business and functional teams during the model development process
  • Conduct analysis on existing model shortcomings and design remediation plans
  • Maintain, update, improve, and back-test risk models
  • Develop a Market Risk Analytics platform
  • Support discussions with regulators as a subject matter expert
Requirements:
  • 8-10 years of experience in quantitative modeling for market risk
  • Masters degree in a quantitative field preferred
  • Deep understanding of Value-at-Risk and counterparty exposure models
  • Experience with pricing and risk models for financial derivatives
  • Strong analytical skills required to understand quantitative models
  • Strong knowledge and understanding of the derivative markets, mainly for fixed income, equity, and credit
  • Strong project, management, and organizational skills
  • Strong writing and presentation skills
  • Ability to communicate effectively with managers who may not have quantitative backgrounds


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