Quantitative Business Analyst – Risk & Performance

Clearwater Analytics, LLC; New York (NY); On-site; USD 102,000 - 144,000; Full time

Benefits offered by this job

Health insurance

Vision insurance

Dental insurance

401(k)

Paid time off

Parental leave

Medical leave

STD/LTD insurance

Job summary

Clearwater Analytics, LLC is seeking a Quantitative Business Analyst Risk & Performance to lead development of Value-at-Risk and Stress Testing capabilities. You will partner with quants and engineers to translate market data and modeling requirements into robust specifications.

The role requires a strong mix of finance knowledge, analytics, and communication skills, with 5+ years in product management or business analysis in financial services.

Qualifications

• Bachelor’s degree in finance, economics, science, engineering, or mathematics.
• 5+ years of experience as Product Manager or Business Analyst in financial services.
• Understanding of value-at-risk concepts and Monte Carlo simulations.
• Strong written and verbal communication skills.

Responsibilities

• Define market data requirements essential for Risk Analytics products and collaborate with market data vendors to source high-quality data.
• Maintain awareness of market trends and data availability to keep the product competitive and robust.
• Draft comprehensive specifications for product components, ensuring clarity and precision.
• Define and document modeling methodologies for the VaR and Stress Testing products.
• Work closely with stakeholders to gather requirements and translate them into actionable specifications.
• Coordinate with quants and engineers to drive product development and ensure timely delivery of solutions.
• Facilitate communication between teams to resolve issues and align on product goals and priorities.
• Act as a product advocate, fostering a shared understanding of the Risk Analytics products across various departments.

Skills

Analytical thinking

Communication skills

Market knowledge

Quantitative finance knowledge

Python

Education

Bachelor’s degree in Finance, Economics, Science, Engineering, or Mathematics

Tools

C++

Java

C#

Python

Job description

As the Quantitative Business Analyst Risk & Performance for our Risk & Performance team, you will be responsible for overseeing the development and enhancement of our Value-at-Risk and Stress Testing products. You will collaborate with cross‑functional teams, including quantitative analysts (quants) and engineers, to ensure that our product meets the high standards expected by our clients and stakeholders. This role requires a strong blend of technical understanding, market knowledge, and analytical skills.

Responsibilities

• Define market data requirements essential for Risk Analytics products and collaborate with market data vendors to source high-quality data.
• Maintain awareness of market trends and data availability to keep the product competitive and robust.
• Draft comprehensive specifications for product components, ensuring clarity and precision.
• Define and document modeling methodologies for the VaR and Stress Testing products.
• Work closely with stakeholders to gather requirements and translate them into actionable specifications.
• Coordinate with quants and engineers to drive product development and ensure timely delivery of solutions.
• Facilitate communication between teams to resolve issues and align on product goals and priorities.
• Act as a product advocate, fostering a shared understanding of the Risk Analytics products across various departments.

Requirements

• Bachelor’s degree in Finance, Economics, Science, Engineering, or Mathematics.
• 5+ years of experience as a Product Manager or Business Analyst in financial services or risk management, particularly in market risk or quantitative finance.
• Understanding of value-at-risk concepts and methodologies, including historical and Monte‑Carlo simulations.
• Excellent written and verbal communication skills, with the ability to draft technical specifications clearly.
• Strong analytical and problem‑solving skills.
• Coding experience in modern object‑oriented languages – Python, C++, C#, or Java is a plus.
• Customer‑facing experience explaining highly technical analytic solutions is an asset.

Salary Range

$102,000.00 - $144,000.00 (Company determination based on experience, qualifications, and geographic location).

Benefits

• Health/vision/dental insurance
• 401(k)
• PTO
• Parental leave
• Medical leave, STD/LTD insurance benefits

Equal Opportunity Employer

Clearwater Analytics is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.