Staff Quantitative Developer

Clearwater Analytics (CWAN); New York; Hybrid; USD 179,000 - 243,000; Full time

Benefits offered by this job

Health insurance

401(k)

Paid time off

Parental leave

Medical leave

Disability insurance

Job summary

Clearwater Analytics is seeking a Risk Quantitative Developer to join the Quant team in New York. You will design, implement, and maintain pricing libraries and risk models for Fixed Income, Credit, and Derivatives, while building analytics for scenario analysis and risk sensitivities.

You will mentor engineers, collaborate with clients, and contribute to robust, well-tested software across distributed systems.

Qualifications

• 9+ years of quantitative development in financial services.
• Expertise in risk and valuation analytics across Fixed Income, Credit, and/or Derivatives.
• Strong Python; C++ or Java is a plus.
• Experience with distributed systems and cloud deployments (AWS/Azure/GCP).
• Lead technical delivery across multi-team projects.

Responsibilities

• Design, implement, and maintain pricing libraries and risk models for Fixed Income, Credit, and Derivatives.
• Build capabilities for scenario analysis, DV01/CS01, P&L attribution, and cash flow generation.
• Mentor engineers and interact with clients to deliver risk solutions.
• Write clean, well-tested code and contribute to documentation and reviews.

Skills

Python

C++

Java

Distributed systems

Cloud computing

Quantitative finance

Yield curve

Credit spread

Risk sensitivities

Front-office experience

Education

Bachelor’s or Master’s in Mathematics/Physics/Financial Engineering/CS

Tools

Git

CI/CD

Unit testing

Job description

About the RoleClearwater Analytics is the leading SaaS platform for investment accounting, risk, and performance, serving the world’s largest insurance companies, asset managers, and institutional investors. As a Risk Quantitative Developer, you will play a critical role within the Quant team, helping to enhance and expand our Multi-Asset-Class risk analytics capabilities, including instrument valuation and risk estimation methods. 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 risk management.ResponsibilitiesQuantitative DevelopmentDesign, implement, and maintain pricing libraries and risk models covering Fixed Income, Credit, and Derivatives instruments.Build platform capabilities for scenario analysis, risk sensitivities (DV01, CS01, Greeks), P&L attribution, and cash flow generation.Identify and advocate for new models and design patterns to support an evolving instrument universe and client base.Technical DevelopmentDesign and build robust, maintainable software systems with a focus on performance, correctness, and extensibility.Write clean, well-tested code and contribute to code reviews, technical documentation, and shared libraries.Proactively identify and resolve technical debt, performance bottlenecks, and gaps in test coverage.Collaboration & MentorshipMentor engineers at all levels and contribute to a culture of continuous learning.Engage directly with clients to deliver customized risk solutions and platform integrations.Communicate complex quantitative topics clearly to technical and non-technical stakeholders alike.Required QualificationsExperience & Skills9+ years of quantitative development in financial services, preferably in a front-office or risk technology environment.Expertise in risk and valuation analytics across Fixed Income, Credit, and/or Derivatives asset classes.Strong Python proficiency; experience with C++ or Java is a plus.Solid grounding in quantitative finance: yield curve construction, credit spread modeling, and standard risk sensitivities.Experience with distributed systems and microservices on public cloud (AWS, Azure, or GCP).Proven ability to lead technical delivery across multi-team projects as a tech lead or senior contributor.EducationBachelor’s or Master’s degree in Mathematics, Physics, Financial Engineering, Computer Science, or a related quantitative field.Salary 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.