Quantitative Developer, Associate - FX

Clearwater Analytics (CWAN); New York; Hybrid; USD 179,400 - 243,136; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) match

PTO

Job summary

Clearwater Analytics is seeking an FX Quantitative Developer to enhance the FX product suite, including Vanilla and Exotic Options. You will work with cross-functional teams to deliver solutions focused on trading and risk management, with emphasis on pricing, risk analytics, and client interaction.

The role requires 3+ years in quantitative development, strong FX volatility modeling knowledge, and production-grade Python experience.

Qualifications

• 3+ years of experience in quantitative development focused on FX products.
• Strong knowledge of FX volatility modeling, conventions, deal structures, and pricing/risk.
• Production-grade software development with Python exposure.

Responsibilities

• Develop and maintain pricing libraries and models for FX risk and valuation.
• Design and maintain platform frameworks supporting FX products, including lifecycle management and reporting.
• Collaborate with cross-functional teams and clients to deliver solutions.

Skills

Python

FX pricing

Volatility modeling

Client interaction

Production code

Problem solving

Job description

Clearwater Analytics is the leading SaaS platform for investment accounting, risk, and performance. We serve some of the world’s largest insurance companies, hedge funds, asset managers, and institutional investors. We deliver decision-ready risk analytics that bring clarity and insight to multi-asset portfolios—highlighting exposures, sensitivities, scenarios, and performance drivers.As an FX Quantitative Developer, you will play a critical role within the Quant team, helping to enhance and expand our FX product suite, including Vanilla and Exotic Options. You will work closely with cross-functional teams of developers and interact directly with clients to deliver solutions that focus on both developers and end-users, with a primary emphasis on trading and risk management. Your contributions will help drive the continuous improvement of our platform's valuation, risk analytics, and trade management capabilities.Requirements:Develop and maintain pricing libraries and models for risk and valuation covering FX Vanilla and Exotic options.Design, build, and maintain frameworks within the platform to support FX products, including lifecycle management, scenario analysis, cash flow generation, and reporting (e.g., P&L attribution).Identify and advocate for new models and design patterns necessary for the continuous improvement of an evolving infrastructure to support all clientsResponsibilities:3+ years of experience in quantitative development, with a focus on FX products.Strong understanding of FX volatility modeling, including market conventions, deal structures, and pricing/risk managementExperience developing code in a production environmentDevelopment Background in a high-level language, preferably with a few years of Python experienceStrong problem-solving and communication skills, ability to convey technical topics to a diverse audienceWhat Will Make You Stand Out:Experience in a front office development role, preferably on a FX Volatility Desk, supporting securities pricing, hedging, and risk analyticsExperience building/enhancing/maintaining pricing and risk systemsFamiliarity with relevant sources of market data and product dataPrior experience working with clients to customize platforms, integrate models, or develop technical solutions is a plusWHAT WE OFFERBusiness casual atmosphere in a flexible working environmentTeam focused culture that promotes innovation and ownershipAccess cutting edge investment reporting technology and expertiseDefined and undefined career pathways allowing you to grow your own wayCompetitive medical, dental, vision, and life insurance benefitsMaternity and paternity leavePersonal Time Off and Volunteer Time Off to give back to the community401(k) retirement plan with company matchWork from anywhere 3 weeks out of the yearWork from home FridaysSalary Range:$179,400 - $243,136 USDSalary Range$179,400.00 - $243,136.45This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits. 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.