Senior Quantitative Analyst 1 – McLean in McLean, VA – (job id: 1681177812)

Job title:Senior Quantitative Analyst 1 - McLeanCompany: RealCareersJob description:Senior Quantitative Analyst 1 - McLeanTampa, FL 33603/ Dallas, TX 75203/ Boston, MA 02110/ McLean, VA 22101/Jersey City, NJ 07303/ Washington, DC 20002Flexible/Hybrid Work Arrangements – We collaborate in the office on Tuesday & WednesdayMust be a US Citizen or Green Card holder. • TheSenior Quantitative Analyst will work on enhancing the Backtesting program across all CCPs and DTC, which may consist of:• Governance and control• Design, implement, and maintain Backtesting system• BT methodology changes• The incumbent will also work on model performance monitoring program enhancement and come up with innovative ideas to unify the model performance monitoring with Back test.RESPONSIBILITIES:• Perform Backtest and work on its enhancement. • Work closely with quant groups and risk managers to proactively identify model issues and provide suggestions and solutions to enhancing the model performance monitoring and Backtest. • Perform ad hoc model performance analysis and deficiency driver analysis for Backtest. • Be accountable for the Backtest program. Review and sign off on the numbers that are used for generating management and regulatory reports. • Design the benchmark/alternative models for performance monitoring and Backtest purposes.• Interact with auditors and regulators during examinations. Pay andBenefits:Competitive compensation, including base pay and generous annual incentive targetComprehensive health and life insurance and well-being benefits effective day 1 - no waiting period means no out-of-pocket expense for COBRARetirement benefits - 401K & DTCC funded pension planPaid Time Off and other leave of absence - 25 days of PTO (accrued throughout the year) + 10 paid holidaysFlexible/Hybrid Work Arrangements – We collaborate in the office on Tuesday & WednesdayQUALIFICATIONS:• A Ph.D.or a Master’s degree in quantitative finance, economics, or other quantitative fields. A Ph.D. is preferred• 3-5 years of relative experience, ideally in risk analytics, model validation or front office quant modeling• Prior experience on quantitative modeling is preferred and should have a general knowledge about the financial market, products, risk metrics and VaR modeling /back testing approaches• Strong programing skills in languages such as SQL, Python, R, SAS, Access, VBA, etc. • Knowing C++ is a plus• Must have excellent oral and written communication skills, interpersonal skills and must be able to work in an efficient and organized way, both independently and under pressure• Motivated and have a sense of accountability and ownership.Proactively think of solutions and resolve problemsRequired Knowledge, Skills, and Abilities: (Submission Summary):1. Do you have a Ph.D. or a Master’s degree in quantitative finance, economics, or other quantitative fields2. Do you have the ability to Perform Backtest and work on its enhancement3. Do you have the ability to identify model issues and provide suggestions and solutions to enhancing the model performance monitoring and Backtest. 4. Do you have the ability to perform ad hoc model performance analysis and deficiency driver analysis for Backtest.5. Do you have prior experience on quantitative modeling is preferred and should have a general knowledge about the financial market, products, risk metrics and VaR modeling /back testing approaches6. Do you have the ability to programing skills in languages such as SQL, Python, R, SAS, Access, VBA, etc. 7. Do you have 3-5 years of relative experience, ideally in risk analytics, model validation or front office quant modeling8. Do you have knowledge of C++ - preferred9. Must be a US Citizen or Green Card holder.Powered by JazzHRExpected salary:Location: McLean, VAJob date: Tue, 11 Apr 2023 01:50:12 GMTApply for the job now! Apply tot his job