Quantitative Risk Management Consultant

Talution Group; Chicago (IL); On-site; USD 80,000 - 120,000; Full time

Job summary

Talution Group in Chicago is looking for a candidate to join the Quantitative Risk Team in the Risk Management Department. The role involves developing, analyzing, and back-testing models for clearing initiatives, which includes daily tasks like code release testing and portfolio back-testing.

Qualified candidates should possess a Master’s degree in a related field and have strong quantitative and analytical backgrounds. Excellent programming and communication skills alongside knowledge of financial markets are essential.

Qualifications

• Master’s in computer science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or related discipline.
• Superb quantitative and analytical background.
• Excellent programming, communication, and documentation skills.

Responsibilities

• Conduct research, analyze problems, and implement solutions.
• Perform code release testing and historical data validation.
• Validate margin and stress testing models and back-test portfolios.

Skills

Quantitative analysis

Programming skills

Communication skills

Documentation skills

Knowledge of financial markets

Education

Master's in computer science or related discipline

Job description

The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily responsibilities include code release testing, historical data validation, margin and stress testing model validation, and portfolio back-testing. The candidate must have the ability to efficiently, effectively conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time.

Requirements

• Master’s in computer science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or related discipline.
• Superb quantitative and analytical background.
• Excellent programming, communication, and documentation skills.
• Knowledge of financial markets.
• Work experience or education in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred.
• Work experience or education in advanced derivatives modeling and knowledge of volatility models preferred.
• Work experience or education in curve construction and data validation preferred.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, ethnic origin, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.