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Senior Quantitative Developer

  • Location: New York, 10013
  • Job Type:Contract

Posted 3 months ago

Grow your career as a Senior Quantitative Developer with an innovative global bank in New York, NY. Long-term contract with excellent growth potential. Will be required to be onsite 2-3 days per week. Will assist with continuing integration of Front Office Pricing models in counterparty credit risk exposure calculations. Focal point will be the further development of the company’s counterparty credit risk framework by supporting the inclusion of new products and the associated pricing models, across asset classes such as commodities.
 
Responsibilities:
  • Contribute to the integration of new derivatives products into the counterparty credit risk framework.
  • Conduct data analysis.
  • Develop model and integration code (C++/Python) based on provided specifications.
  • Conduct performance testing of new products.
  • Prepare model documentations to high standards.
  • Support model risk management process, i.e., provide ad hoc analysis to justify modelling assumptions and/or test results.
 
Qualifications:
  • Master’s degree/PhD in a quantitative discipline.
  • 5+ years of experience in a quantitative role with sell side institutions.
  • Must specialize in derivatives.
  • Expertise in coding, developing and testing libraries in C++ and Python on Linux and Windows platforms.
  • Good understanding of financial products and markets.
  • Experience working with technology teams on model implementation
  • Risk Management full model development cycle.
  • Prefer experience in the whole model development cycle, i.e. mathematical proposal, prototyping, documentation, validation, approvals from senior stakeholders, release to production.
 
About our client
 
Our client stands as one of the worlds most renowned global banks and trusted brand with over 200 years of continuously evolving financial services. Its teams provide unique insights to more than 200 million clients and enable progress all over the world. While growing your career, you will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.

Candidates will be responsible for following the client's COVID-19 protocols. Please refer to your MATRIX representative for specifics.

About Us

At MATRIX, we expertly match talented professionals with job opportunities to elevate careers. Since 1983, we have placed thousands of professionals at innovative clients across every industry ranging from small startups to Fortune 50 companies. It’s why we’re consistently in the top 25 of all U.S. IT staffing firms and why our consultants rate us well above the industry average, earning us ClearlyRated's Best of Staffing awards year after year. People come to us for a job, and stay with us because of our top-notch consultant care.

MATRIX is and Equal Employment Opportunity employer including disability and veteran and provides reasonable accommodations for all qualified individuals.  Supporting medical or religious documentation will be required where applicable. If you are a qualified individual you may request a reasonable accommodation under the American Disability Act (ADA). If you are a person with a disability needing assistance applying, or at any point in the hiring process, please email us at MATRIX_HR@MatrixRes.com. To ensure a quick response to your request, please use the words “Accommodation request” as the subject line of your email.

For hourly W2 contract roles MATRIX offers a highly competitive benefit package including Medical, Dental, Vision, Life, Disability, HSA, and 401(k) with pre and post-tax options.  Please see MatrixRes.com/Benefits for more information.

For direct hire placement with our clients, benefits would be offered in accordance with that particular client’s offerings. This may include PTO, Medical, Dental, Vision, 401K and other pre and post-tax options.