Quantitative Risk Modeler
22 hours ago
We are seeking a highly skilled Quantitative Analyst to join our team at TSR Consulting Services, Inc.
Estimated Salary: $120,000 - $180,000 per year based on experience and qualifications.
About the Role:
This is a contract opportunity for a Quantitative Analyst to work with our client, a leading financial company in Tampa, FL.
Key Responsibilities:
- Develop, enhance, and validate risk models using advanced mathematical techniques and statistical analysis.
- Perform rigorous ongoing model performance tests, including back testing, impact analysis, and statistical analysis.
- Enhance business as usual (BAU) back testing to meet regulatory guidelines.
- Prepare detailed technical documentation reports for validation purposes.
- Present key findings to senior management and supervisory authorities.
- Support trading book credit risk management by calculating portfolio-level counterparty exposure.
- Develop a unified library package to automate model performance monitoring and create related unit tests.
- Develop tutorials and documentation for widespread library usage among quantitative risk team members and risk managers.
Required Qualifications:
- Proficiency in programming languages such as Python, R, C++, or shell scripts.
- Solid knowledge of applied mathematics, statistics, and numerical methods.
- Experience analyzing large and complex datasets.
- Experience developing and maintaining detailed technical documentation.
- Quantitative finance or related field experience preferred.
- Proficient in Microsoft Office with an emphasis on MS Excel.
- Clear and concise written and verbal communication skills.
- Self-motivated and detail-oriented.
- Project management and organizational skills.
Education:
A Master's degree in a quantitative field or a Ph.D. degree with research experience in modeling and numerical simulation.
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