VP, SIMM Quant

Jefferies; Jersey City (NJ); On-site; USD 130,000 - 190,000; Full time

Job summary

A leading investment banking firm seeks a Head of Corporate Lateral Recruiting in Jersey City. The role involves developing market risk analytics, managing model development, and collaborating with stakeholders. Ideal candidates have strong analytical and programming skills, particularly in Python, and a deep understanding of Fixed Income derivatives.

Qualifications

• Deep understanding of pricing and risk calculations for Fixed Income derivatives.
• Familiar with financial markets and associated market data.
• Comfortable with derivatives transactions terms and conditions.

Responsibilities

• Develop and implement SIMM sensitivities for Fixed Income/Equity products.
• Manage and improve SIMM risk sensitivities framework.
• Support the full life-cycle of model development.

Skills

Analytical Skills

Strong Writing Capabilities

Communication Skills

Programming Skills

Tools

Murex

Acadiasoft

Bloomberg MARS

Python

R

Job description

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Head of Corporate (Non-IT) Lateral Recruiting, Americas

Quantitative analyst for developing and managing market risk analytics for SIMM. Candidate will join the Risk Analytics group that partakes in SIMM model development over the full life-cycle of model development: from methodology to design to local implementation and validation. The successful candidate will also provide analysis and feedback on changes to or introduction of new models at the firm.

Responsibilities

• Develop and implement SIMM sensitivities for Fixed Income/Equity vanilla and exotic derivative products.
• Manage, maintain and improve SIMM risk sensitivities framework.
• Support the full life-cycle of model development from development, documentation, to validation
• Perform quantitative research to implement model changes, enhancements and remediation plans in 3rd party analytic systems.
• Work with stakeholders across business and functional teams during model development process.
• Assess the methodologies and processes used by modeling teams to develop and manage their models, and identify potential weaknesses and the associated materiality of the risk

Qualifications

• Deep understanding of pricing and risk calculations for Fixed Income derivatives.
• Strong analytical skills required to understand quantitative models, and to translate that understanding into sustainable library design, code development and integration into IT’s systems.
• Applicant needs to be familiar with financial markets and the associated market data
• Applicant needs to be comfortable with derivatives transactions terms and conditions data residing in multiple book and record systems
• Strong writing capabilities.
• Proficient programming skills in python (other languages such as R is a plus).
• Superior oral and written communication skills.

Experience with Murex, Acadiasoft, and Bloomberg MARS a plus

Primary Location Full Time Salary Range of $130,000 - $190,000

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance

• Industries

  Investment Banking

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