Senior Quant Developer – Market Risk (Hybrid, 6M)

Motion Recruitment Partners LLC; Jersey City (NJ); Hybrid; USD 180,000 - 250,000; Full time

Job summary

Global Bank in Jersey City, NJ seeks a Quantitative Developer (Market Risk) for a contract role with hybrid work 3 days onsite per week. The position focuses on designing and operating a massive-scale compute grid on AWS/GCP to run pricing models and risk analytics.

You will deploy and manage a library of pricing models, optimize performance and cost, and collaborate with risk, trading, and research teams to ensure availability and accuracy of pricing results.

Qualifications

• Degree in Computer Science, Engineering, or related field.
• 10+ years in building and operating large-scale compute grid systems.
• Expert experience with public cloud platforms and batch processing.
• Deep containerization and orchestration expertise (Docker, Kubernetes).
• Strong C++ and Python programming skills for HPC workloads.
• Experience in financial domain pricing grids and risk calculations is desirable.
• Solid distributed systems, performance tuning, and IaC knowledge.
• Excellent communication with quantitative research, trading, and risk teams.

Responsibilities

• Architect and manage a massive distributed compute grid on public clouds.
• Design orchestration to distribute millions of tasks across CPU/GPU cores.
• Deploy and version control a library of pricing models for distributed use.
• Monitor cost, performance, and resource utilization; drive efficiency.
• Collaborate with quantitative teams to integrate pricing models.
• Ensure data logistics for market, trade data and model configurations.
• Maintain high availability and disaster recovery readiness.

Skills

Cloud (AWS/GCP)

C++

Python

Monte Carlo

VaR/XVA knowledge

Distributed systems

High-performance computing

Data orchestration

Cost optimization

Communication

Education

Bachelor degree in CS/Engineering

Tools

Docker

Kubernetes

AWS

GCP

Job description

Global Bank in Jersey City, NJ seeks a Quantitative Developer (Market Risk) for a contract role with hybrid work 3 days onsite per week. The position focuses on designing and operating a massive-scale compute grid on AWS/GCP to run pricing models and risk analytics.

You will deploy and manage a library of pricing models, optimize performance and cost, and collaborate with risk, trading, and research teams to ensure availability and accuracy of pricing results.