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DTI (Diversified Technology Inc.) · 1 month ago

Quantitative Risk QA Consultant

Chicago, IL

Full-time

Onsite

Mid Level

$51.75/hr - $51.75/hr

DTI (Diversified Technology, Inc.) is a successful African American owned IT Consulting/Staffing firm based in Chicago's Loop. They are seeking a Quantitative Risk QA Consultant to assist the Clearing Department with day-to-day activities related to quantitative risk and IT teams, focusing on developing, analyzing, and testing various Margin models across multiple asset classes for clearing initiatives.

Information Technology & Services

Responsibilities

Daily responsibilities include code release testing for all CMESC code releases, 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 modelingStatistical modelsProgramming languagesFinancial markets knowledgeAnalytical skillsCommunication skillsDocumentation skills

Required

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, and SQL is also required

Master's in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline

Preferred

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

Knowledge in advanced derivatives modeling and knowledge of volatility models

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