Market Risk Quant Analyst

1 week ago


Chicago, Illinois, United States TEKsystems Full time
Job Title: Market Risk Quant Analyst

This is an exciting opportunity for a skilled Quantitative Analyst to join our team as a Market Risk Quant Analyst. As a key member of our Global Risk Analytics function, you will play a critical role in developing and implementing market risk models to support our business.

Key Responsibilities:
  • Develop and maintain market risk models, including Value-at-Risk (VaR) and Fundamental Review of the Trading Book (FRTB) models
  • Collaborate with cross-functional teams to design and implement market risk models and analytics
  • Conduct quantitative analysis and modeling projects to support market risk management
  • Develop and maintain documentation for market risk models and analytics
  • Interact with regulators and communicate the effectiveness of market risk models
Requirements:
  • Master's degree or PhD in Mathematics, Statistics, Physics, or related field
  • 2+ years of experience in risk or pricing models for fixed income, credit, equity, rates, mortgage, and/or commodity products
  • Working knowledge of risk factors driving change
  • Understanding of regulatory capital and risk management framework and stress testing requirements
  • Solid working experience in a related field (Market Risk, Middle Office)
  • Broad financial product knowledge
  • Proven programming skills (Python, C++, SQL, or equivalent object-oriented programming)
  • Experience in data analysis, with excellent research and analytical skills
About TEKsystems:

We're partners in transformation, helping clients activate ideas and solutions to take advantage of a new world of opportunity. We're a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe, and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change.



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