Quant Dev (JC)

Matlen Silver; Jersey City (NJ); On-site; USD 90,000 - 96,000; Full time

Benefits offered by this job

Health, vision, and dental insurance (

401(k) plan

Job summary

Matlen Silver is seeking a senior Quant Developer to support development and enhancement of Fixed Income, Financing, and Risk Analytics platforms in Jersey City, NJ. The role combines deep capital markets knowledge with hands-on quantitative engineering and analytical problem-solving.

You will collaborate with traders and desk quants to investigate risk movements, reconcile data across systems, and improve risk calculations and reporting.

Qualifications

• 10+ years in quantitative development or risk analytics.
• Strong knowledge of: Repo & Reverse Repo, Government and Corporate Bonds, Interest Rate Derivatives, Total Return Swaps (TRS), Fixed Income & Financing products.
• Strong understanding of risk and exposure calculations, bond pricing and yield curves, DV01/PV01 and interest rate sensitivities, funding and financing risk, scenario analysis and stress testing.

Responsibilities

• Investigate unexplained risk, valuation, exposure, and P&L movements.
• Reconcile differences across trading, risk, and finance systems.
• Perform root-cause analysis of incorrect or unexpected calculations.
• Analyze the impact of market data, curves, trade amendments, lifecycle events, and booking issues on risk calculations.
• Partner with traders, desk quants, risk managers, finance, and technology.

Skills

Quantitative development

Risk analytics

Python development

Fixed income knowledge

Interest rate derivatives

TRS understanding

Trade lifecycle understanding

Data analysis

Job description

Job Title: Quant Developer

Duration: 18 Month W2 Contract

Location: Jersey City, NJ

Required Pay Scale: $65-$70/hour

Senior Quantitative Risk Engineer / Risk Analytics Developer

We are seeking a senior Quantitative Risk Engineer to support the development and enhancement of Fixed Income, Financing, and Risk Analytics platforms. The ideal candidate combines strong capital markets knowledge with hands-on quantitative engineering and analytical problem-solving skills.

Mandatory Skills

Capital Markets & Risk

• 10+ years of experience in quantitative development, risk analytics, or front-office risk technology.
• Strong knowledge of:
  • Repo / Reverse Repo
  • Government and Corporate Bonds
  • Interest Rate Derivatives
  • Total Return Swaps (TRS)
  • Fixed Income and Financing products
• Strong understanding of:
  • Risk and exposure calculations
  • Bond pricing and yield curves
  • DV01/PV01 and interest rate sensitivities
  • Funding and financing risk
  • Scenario analysis and stress testing

Python & Analytics

• Strong Python development skills with experience using analytical libraries.
• Experience building analytical tools, risk calculations, data controls, or reconciliation frameworks.
• Strong data analysis, troubleshooting, and numerical investigation skills.

Trade Lifecycle Knowledge

• Good understanding of the end-to-end trade lifecycle for Fixed Income and Derivatives products, including trade capture, lifecycle events, valuation, risk generation, P&L, settlement, and collateral processes.
• Understanding of how trade lifecycle events impact risk, valuation, and downstream reporting.

Key Responsibilities

• Investigate unexplained risk, valuation, exposure, and P&L movements.
• Reconcile differences across trading, risk, and finance systems.
• Perform root-cause analysis of incorrect or unexpected calculations.
• Analyze the impact of market data, curves, trade amendments, lifecycle events, and booking issues on risk calculations.
• Partner with traders, desk quants, risk managers, finance, and technology.

About Matlen Silver

Matlen Silver is an Equal Opportunity Employer and considers all applicants for all positions without regard to race, color, religion, gender, national origin, age, sexual orientation, veteran status, the presence of a non-job-related medical condition or disability, or any other legally protected status.

If you are a person with a disability needing assistance with the application or at any point in the hiring process, please contact us at email and/or phone at: [e-mail] // 908-393-8600

Benefits

• Health, vision, and dental insurance (single and family coverage)
• 401(k) plan (employee contributions only)