Fidelity Bank · 11 hours ago
Product Lead, Quantitative Risk Platform
Jersey City, NJ
Full-time
Hybrid
Senior Level, Lead/Staff
$150K/yr - $250K/yr
10+ years expFidelity Bank is seeking a Product Lead for their Quantitative Risk Platform, specifically the Multi-Asset Risk System (MARS). This role involves leading the development and customer success efforts for a next-generation risk platform, collaborating with various teams to ensure it meets the functional risk management needs of the organization.
BankingBitcoinCustomer ServiceFinancial ServicesInsuranceWealth Management
Responsibilities
Working with quant developers to design data pipelines to deliver enriched risk, pricing, and securities reference data to the platform reliably and scalably
Directing risk quants in building calculators to support ex-ante risk, VaR, attribution, stress testing and scenario analysis
Engaging UX designers and technologists to design and deliver interactive workflows supporting risk oversight, portfolio construction and customized reporting capabilities
Partnering with architects, technologists, and quants to design APIs, data flows, and calculations to support interactive risk tools, even at a scale where calculations cannot be run by a single node
Partnering with CIOs and research teams to develop roadmaps, feature specifications, workflows, and to determine committed adoption timelines and integration processes
Determining strategies for migrating clients from legacy risk platforms and vendor-supplied tools, sequencing feature delivery to enhance value
Working with project management partners to ensure objectives are met and status is communicated transparently to clients and senior leaders
Collaborating with partner operations teams to stand up and monitor data quality processes, support teams, and other services related to the platform
Partnering closely with the Head of the Portfolio Analytics Group to shape the vision of the MARS platform, determine strategic priorities, and translate the vision into resourcing and workstream plans
Creating an enterprise-grade solution, with excellent documentation, user interface, robustness, scalability, and a support model which serves production use cases
Qualification
Required
Deep knowledge of the risk domain, notably delivered interactively, and the underlying technologies, architectures, mathematics, and data required to deliver it
Experience using modern risk systems in an investment professional role, or delivering major portions of such systems to investment professionals at a leading firm
Track record of partnership, both with technology teams and investment professionals. Ability to lead at scale through indirect rather than direct authority; ability to influence thinking of both clients and engineers to gain alignment in complex, domain-specific undertakings
Highly analytical with the ability to quickly comprehend complex data, technical, and risk challenges, to ask the right questions and to guide teams
Experience delivering large, complex projects on time and at quality, in partnership with teams outside your direct control and with excellent transparency to partners. Track record with technical planning processes from Jira to project plans
Ability to enlist senior clients and leadership in balancing different needs and delivering a complex vision over time
Excellent written and verbal communication skills. Ability to communicate effectively with technologists, quant researchers, and senior leadership. Ability to set a vision and align an organization behind it
Graduate degree equivalent experience in risk management or related field
10+ years of work experience in asset management firms or hedge funds, focused on risk management, infrastructure technology, and data delivery across asset classes
Experience leading teams of engineers to deliver complex projects at quality and meeting the meticulous standards required for risk management
Further experience as an individual contributor in related roles, with demonstrated capabilities to mentor others from your experience
Expert knowledge of a wide array of risk management practices, vendor or proprietary solutions, and mathematical techniques for risk management
Track record of understanding the strengths and limitations of engineering approaches and guiding engineering teams to more efficient solutions
Experience partnering with technical and non-technical clients and leaders to gain alignment around right-sized solutions spanning teams
Experience supporting senior leadership in understanding a vision and aligning resources behind long-term and multi-phase projects
Benefits
Comprehensive health care coverage and emotional well-being support
Market-leading retirement
Generous paid time off and parental leave
Charitable giving employee match program
Educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career
Company
Fidelity Bank
Fidelity Bank is a commercial bank providing services financial sercvices.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
unknown2018-12-17Acquired
2014-09-01Private Equity
Company data provided by crunchbase