Senior Quant Risk Lead - Model Development & Oversight

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health insurance

Pension benefits

Paid Time Off

Job summary

A leading financial services company in Jersey City is seeking a Quantitative Risk Manager to drive the development and analysis of risk models. This role requires a Bachelor's degree in a quantitative discipline and 8+ years of relevant experience. Candidates must have the ability to conduct and facilitate quantitative research while collaborating with risk technology teams. The company offers competitive compensation and a flexible hybrid work model, fostering professional growth and a diverse workplace.

Qualifications

• Minimum 8 years of relevant experience in quantitative analysis or model-driven roles.
• Experience building and maintaining model prototypes.
• Ability to facilitate model risk management activities.

Responsibilities

• Conduct quantitative research/analysis for model development.
• Facilitate quantitative risk analysis for business units.
• Build and maintain model prototypes.

Skills

Conduct quantitative research

Model development and maintenance

Data source management

Model risk management

Collaboration with Risk Technology teams

Education

Bachelor’s degree in quantitative discipline

Job description

A leading financial services company in Jersey City is seeking a Quantitative Risk Manager to drive the development and analysis of risk models. This role requires a Bachelor's degree in a quantitative discipline and 8+ years of relevant experience. Candidates must have the ability to conduct and facilitate quantitative research while collaborating with risk technology teams. The company offers competitive compensation and a flexible hybrid work model, fostering professional growth and a diverse workplace.