Associate – Traded Risk Analytics Position Available In New York, New York

Associate•Traded Risk Analytics
Selby Jennings Manhattan, United States
Posted 1 day ago Hybrid Job Permanent

USD100000

•USD140000 per year
Associate•Traded Risk Analytics
Selby Jennings Manhattan, United States
A leading Investment Bank in NYC is seeking an Associate level, Quantitative Counterparty Risk Modeller to work directly with Trading, and Risk teams.
A leading Investment Bank in NYC is seeking an Associate level, Quantitative Counterparty Risk Modeller to work directly with Trading, and Risk teams.
This individual will design, develop, and enhance counterparty risk models (PFE/EPE/XVA) and metrics for use in the front office. This is a hands-on quantitative modelling role, but communication with the front office is essential to explain pre-trade counterparty risks and limits for new products being developed and marketed.
Additionally, this role will be expected to research and implement new risk and margin methodologies, and models for stress scenario design and expansion.

Responsibilities:

Develop and enhance PFE, EPE, IM/SIMM, models and analytics
Collaborate with front office teams to explain business impact of exposures and trading limits
Design and enhance models and frameworks for stress testing including scenarios for CCAR purpose
Design risk models for new product releases and research inherent risks for the front office, define CCR methodology
Advise front office and senior management and develop strategies to mitigate concentration risk and exposures in the portfolio

Qualifications:

Master’s or PhD in a Quantitative Discipline
Cross-Asset product knowledge (equity, fixed income, listed and OTC derivatives, SFT)
Experience in VaR/PFE/EPE and stress testing methodology
2+ years of counterparty credit risk model development or validation experience
Strong communication skills to work with the front office

Coding/Programming:

Python, R, SQL, or comparable language
Job

ID PR/549567

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ABOUT COMPANY

Selby Jennings
New York, United States
1000 Employees HR & Recruitment
We support the Financial Sciences & Services industry with talent that can truly shape the future of a business. Whether that be Quantitative Analyti…