Quant Engineer/ Calculation engineer

Delta System & Software, Inc.; New Jersey; On-site; USD 80,000 - 136,000; Full time

Job summary

A technology consulting firm in Jersey City, NJ is seeking an Account Manager to conduct simulations and analyze product behaviors. The ideal candidate should have a degree in Engineering, proficiency in Python, Java, and SQL, along with strong analytical skills in financial products. This role offers competitive compensation and the opportunity for growth in a dynamic environment.

Qualifications

• Experience implementing analytics in risk/calculation engine.
• Good understanding of equity and fixed income products.
• Experience in portfolio analysis and NAV calculation.

Responsibilities

• Conducting simulations using specialized software.
• Assessing load capacity, stability, and material resilience.
• Collaborating with other engineering disciplines.

Skills

Linear Algebra

Statistics

Time Series Analysis

Proficient in Python

Proficient in Java

Proficient in SQL

Education

Degree in Engineering/ Maths/ Physics

Tools

CAESAR II

Pipestress

Job description

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Account Manager @ Delta System & Software, Inc. | MBA

Hi,

Please go through the below job description and let me know your interest. Please share with me your updated resume and convenient time to reach you for a telephonic conversation. In case, if you are not available please help me to provide any reference from your network (if available). Thank you for the time and hope to hear from you soon.

Location – Jersey City, NJ

Education: Degree in Engineering/ Maths/ Physics

Knowledge: Linear Algebra, statistics and time series analysis

Technical: Proficient in Python, Java, SQL

Experience implementing analytics in risk/calculation engine to generate valuation, return and 1st order risk measures.

Good understanding of equity and fixed income products, Exchange traded derivates, portfolio analysis, fund accounting and NAV calculation.

AI Overview

A Calculation Engineer, also known as a Simulation Engineer, uses computational methods and software to analyze and evaluate the performance, stability, and safety of products and systems. They perform simulations to test various parameters like load, stress, thermal expansion, and service life, ensuring designs meet requirements and optimize performance.

Key Responsibilities:

• Simulation and Analysis: Conducting simulations using specialized software to analyze product behavior under different conditions.
• Performance Evaluation: Assessing factors like load capacity, stability, and material resilience based on simulation results.
• Design Optimization: Identifying areas for improvement in product design by analyzing simulation data and suggesting modifications.
• Report Generation: Preparing detailed reports, calculations, and technical justifications based on simulation results.
• Collaboration: Working closely with other engineering disciplines (e.g., mechanical, civil, process) to integrate simulation results into the overall design process.
• Compliance: Ensuring calculations and analyses adhere to relevant industry standards and codes.
• Tools and Technologies:
• Simulation Software: Often utilizes specialized software like CAESAR II, Pipestress, or similar tools for specific engineering domains.
• CAD/CAE:May use computer-aided design (CAD) and computer-aided engineering (CAE) software for modeling and analysis.
• Programming: May involve programming skills (e.g., Python) for scripting and automating calculations.
• In essence, Calculation Engineers bridge the gap between theoretical design and practical application by using computational methods to predict and optimize the performance of engineered systems.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Contract

Job function

• Job function

  Consulting

• Industries

  IT Services and IT Consulting

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