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DTI (Diversified Technology Inc.) · 1 day ago

Quantitative Risk Management Consultant

New York, NY

Full-time

Onsite

Mid Level

$62.44/hr - $62.44/hr

DTI (Diversified Technology Inc.) is a successful IT Consulting/Staffing firm based in Chicago's Loop. They are seeking a Quantitative Risk Management Consultant to assist the Clearing Department with day-to-day activities in support of the quantitative risk team, which involves developing, analyzing, and back-testing models for clearing initiatives.

Information Technology & Services

Responsibilities

Daily responsibilities include code release testing, historical data validation, margin and stress testing model validation, and portfolio back-testing. The candidate must have the ability to efficiently, effectively, and independently conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time

Qualification

Quantitative Risk ModelingProgramming LanguagesFinancial Markets KnowledgeStatistical ModelsDerivatives ModelingAnalytical SkillsCommunication SkillsDocumentation Skills

Required

Masters (and above) in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline

Strong quantitative and analytical background

Excellent programming, communication, and documentation skills

Knowledge of financial markets

Experience with programming languages such as C++/C#, R, VBA, Python, and SQL is also required

Preferred

Knowledge in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred

Knowledge in advanced derivatives modeling and knowledge of volatility models preferred

Preference will be given to candidates who can demonstrate the best practices in developing risk models like Historical VaR, Monte Carlo VaR, Multi-Factor Risk Models, Stressed VaR, Liquidity Risk models, etc