Staff Quantitative Developer, FX

Clearwater Analytics, LLC; New York (NY); On-site; USD 179,000 - 243,000; Full time

Benefits offered by this job

Work from anywhere

3 weeks out of the year

Job summary

Clearwater Analytics is seeking an FX Quantitative Developer to join the Quant team in New York. You will develop pricing libraries for FX Vanilla and Exotic options, build risk and valuation models, and work with clients to deliver solutions that support trading and risk management.

You will leverage Python in production environments, design scalable frameworks, and advocate for models and patterns to improve the platform's valuation and reporting capabilities.

Qualifications

• 3+ years of experience in quantitative development focusing on FX products.
• Strong understanding of FX volatility modeling, market conventions, deal structures, pricing and risk.
• Experience developing code in a production environment; Python required.

Responsibilities

• Develop and maintain pricing libraries and models for FX Vanilla and Exotic options.
• Design and maintain frameworks within the platform to support FX products, including lifecycle management, scenario analysis, cash flow generation, and reporting.
• Identify and advocate for new models and design patterns for continuous platform improvement.

Skills

FX pricing

Python

Production code

Quantitative finance

Communication

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 clients.

Responsibilities:

• 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 management.
• Experience developing code in a production environment.
• Development Background in a high-level language, preferably with a few years of Python experience.
• Strong problem-solving and communication skills, ability to convey technical topics to a diverse audience.

What Will Make You Stand Out:

• Experience in a front office development role, preferably on a FX Volatility Desk, supporting securities pricing, hedging, and risk analytics.
• Experience building/enhancing/maintaining pricing and risk systems.
• Familiarity with relevant sources of market data and product data.
• Prior experience working with clients to customize platforms, integrate models, or develop technical solutions is a plus.

WHAT WE OFFER:

• Business casual atmosphere in a flexible working environment
• Team focused culture that promotes innovation and ownership
• Access cutting edge investment reporting technology and expertise
• Defined and undefined career pathways allowing you to grow your own way
• Competitive medical, dental, vision, and life insurance benefits
• Maternity and paternity leave
• Personal Time Off and Volunteer Time Off to give back to the community
• 401(k) retirement plan with company match
• Work from anywhere
• 3 weeks out of the year
• Work from home Fridays
• Salary Range: $179,400 - $243,136 USD
• Salary Range $179,400.00 - $243,136.45 This 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.

Clearwater Analytics (NYSE: CWAN) is transforming investment management with the industry's most comprehensive cloud-native platform for institutional investors across global public and private markets. While legacy systems create risk, inefficiency, and data fragmentation, Clearwater's single-instance, multi-tenant architecture delivers real-time data and AI-driven insights throughout the investment lifecycle. The platform eliminates information silos by integrating portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics in one unified system. Serving leading insurers, asset managers, hedge funds, banks, corporations, and governments, Clearwater supports over $8.8 trillion in assets globally. Learn more at www.clearwateranalytics.com.