Lead Quant Risk Engineer – Modeling & Stress Testing

New York Technology Partners; Chicago (IL); Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Competitive salary

Hybrid work model

Job summary

A leading financial services firm in Chicago is seeking a Lead Associate Principal for Quantitative Risk Management. The role involves developing and maintaining risk models for pricing, margin, and stress testing. Candidates should possess a Master’s degree in a quantitative field and have experience in SQL, Python, and Java. Strong problem-solving skills and the ability to communicate complex analysis are essential. This fulltime position provides a hybrid work model, requiring on-site attendance three days a week.

Qualifications

• Experience in database technology and query languages such as SQL.
• Experience in model implementation using Java.
• Proficient in a scripting language such as Python, R or MATLAB.

Responsibilities

• Develop models for pricing, margin risk, and stress testing of financial products.
• Implement and maintain model prototypes and testing tools.
• Conduct quality assurance testing on model library.

Skills

SQL

Python

Java

R

MATLAB

Git

Jenkins

Excel

Education

Master’s degree in computer science, mathematics, physics, or finance

Tools

PowerPoint

Confluence

Job description

A leading financial services firm in Chicago is seeking a Lead Associate Principal for Quantitative Risk Management. The role involves developing and maintaining risk models for pricing, margin, and stress testing. Candidates should possess a Master’s degree in a quantitative field and have experience in SQL, Python, and Java. Strong problem-solving skills and the ability to communicate complex analysis are essential. This fulltime position provides a hybrid work model, requiring on-site attendance three days a week.