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Clearwater Analytics (CWAN) · 2 days ago

Quantitative Business Analyst – Risk & Valuation Team

New York, NY

Full-time

Onsite

Mid Level

$89K/yr - $115K/yr

3+ years exp

Clearwater Analytics is seeking a Quantitative Business Analyst to join their Risk & Valuation team, supporting hedge fund clients. This hands-on role involves enhancing and supporting analytics in the Enfusion by CWAN system, focusing on risk and pricing analytics for complex hedge fund portfolios.

AccountingAnalyticsData IntegrationInsurTech

No H1B

Responsibilities

Contribute to research and documentation for hedge fund valuation, pricing methodologies, and risk analytics

Assist in developing and refining approaches for financial product setups, pricing, and associated market data inputs

Draft and review specifications for model design and enhancements

Execute and maintain test plans for pricing models and risk measurement features

Perform validation checks on asset valuations, risk metrics, and trade capture workflows, under guidance from senior SMEs

Identify and document discrepancies in automated pricing or risk outputs, and assist in resolving them

Collaborate with SMEs, quantitative developers, and business analysts to refine analytic methodology

Regularly assists developers in analyzing unexpected regressions for a code change

Support client conversations on valuation topics with clear and accurate explanations of valuation methodologies

Stay informed on developments in hedge fund pricing, valuation practices, and risk analytics

Qualification

Risk modeling conceptsValuation modelsHedge fund strategiesJava/Python/SQLFinancial LibrariesDerivatives pricing modelsOrganizedCommunication skillsSelf-drivenCritical thinking

Required

Bachelor's degree in Finance, Economics, Engineering, Mathematics or related field, or at least 3 years of relevant experience

Familiarity with hedge fund strategies and traded products

Products Scope: Interest Rates, Fixed Income, FX, Equities

Understanding of valuation models and core risk modeling concepts including Greeks, Duration, Convexity, shocks, liquidity tiers, and scenario analysis

Comfortable reading Java/Python/SQL and working closely with quantitative developers to support analytics implementation (no coding required)

Strong written and verbal communication skills

Highly organized, self-driven, quick learner, and able to work in a fast-paced environment where they showcase critical thinking and confidence in the application of their knowledge

Must be authorized to work in the U.S. for any employer

Preferred

Exposure to Financial Libraries such as Numerix / FinCAD or similar

Experience with investment management software like Bloomberg is a plus

Experience with derivatives pricing models, cash flow analysis, and numerical methods

Basic SQL/database skills

Prior experience supporting hedge fund risk and valuation analytics

Benefits

Health/vision/dental insurance

401(k)

PTO

Parental leave

Medical leave

STD/LTD insurance benefits

Company

Clearwater Analytics (CWAN)

Glassdoor3.5

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.

Founded in 2004

Boise, Idaho, USA

1001-5000 employees