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BW Services

Quantitative Risk Director

BW Services, Jersey City, New Jersey, United States, 07390


Quantitative Risk Director

buckleighwilliams

is collaborating with a leading financial services organization to find a Quantitative Risk Director for their Quantitative Risk Management Team. This role is critical for the development and support of models and methodologies for quantifying risk, providing quantitative analysis and support to the firm's risk management and other business needs.

Key Responsibilities:

Subject Matter Expert:

Lead the development and maintenance of fixed income risk models and methodologies.Quantitative Research:

Conduct quantitative research and analysis related to fixed income model development, maintenance, and performance monitoring.Risk Analysis Support:

Provide quantitative risk analysis support to other business units and regulatory supervisors.Model Prototypes:

Build and maintain model prototypes for model development.Model Risk Management:

Facilitate model risk management activities.Technical Testing:

Facilitate model specification and model engine testing with the Risk Technology team.Risk Mitigation:

Follow established procedures, identify key errors, and demonstrate strong ethical behavior to mitigate risk.Qualifications:

Minimum of 10 years of experience in fixed income and/or market risk modeling.Master's degree in a quantitative discipline required; Ph.D. preferred.Talents Needed for Success:

Strong knowledge of fixed income securities, including Treasury, Agency, and Mortgage securities.Extensive experience in fixed income model development and performance monitoring.Prior risk analytics experience in fixed income is highly desirable.Hands-on programming skills in SQL and other high-level programming languages such as Python.Extensive experience collaborating with cross-functional teams such as model validation, IT development, and risk managers.Strong written and verbal communication skills with experience working with regulatory authorities.Pay and Benefits:

Competitive compensation, including base pay and annual incentive.Comprehensive health and life insurance and well-being benefits.Pension / Retirement benefits.Paid Time Off and Personal/Family Care, and other leaves of absence.Flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays, and a third day unique to each team or employee).

About buckleighwilliams:

buckleighwilliams is a specialist recruitment business focused on delivering highly experienced and reputable contractors/permanent staff to some of the world's largest organizations.

buckleighwilliams operates as an employment agency and employment business. No terminology in this advert is intended to discriminate based on age, and we confirm that we are happy to accept applications from persons of any age for this role. By applying for this role, you accept our Terms and Privacy Policy, which can both be found on our website. We take the security of personal data very seriously, and by applying for this role, you consent that we may hold your personal data on our database (CRM) for the purpose of finding jobs that could match your skill set. If we become aware of any other opportunities that could interest you, we may let you know by either phone, email, or SMS.