Chicago, IL, 60684, USA
2 days ago
Quant Analyst
Job Description This role sits within the Counterparty Credit Risk Analytics (CCRA) team that provides, maintains, and monitors models, data, and tools related to counterparty credit risk (CCR) of traded products, including models focused on both bilateral counterparty and central counterparty clearing (CCP) risk. CCRAQ supports the Credit Risk and Wholesale communities in understanding the risk drivers of material changes in model outputs. Development, testing, documentation, and maintenance of counterparty credit risk models: these will include risk factor simulation models, pricing models, aggregation models as well as backtesting methodology Support of the counterparty credit risk platform, including investigation and resolution of model-related system issues and practical quantitative support to model users Improvements to model development infrastructure, such as test harnesses, support utilities, visualization tools Partner with internal groups including Capital, Risk, Technology, Model Risk Management and Market Risk Management on model enhancement, performance testing and documentation to remediate internal and external requirements Prepare developmental evidence and document to support internal and external exams Identifying common themes across global markets along with improvement initiatives Communicating the results of this analysis to all model stakeholders including risk management, model development, model risk, senior management, and our regulators Supporting model development in confirming remediation of model issues prior to their being taken live Driving incremental improvement to our model performance assessment tool set across all business areas We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com .     To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ . Skills and Requirements At least 2 years prior experience Masters degree or PhD required in Mathematics, Statistics, Physics, or related field. Experience with mathematically sophisticated financial modelling, preferably in counterparty credit risk or XVA Ability to express technical concepts clearly in written and spoken English Programming skills: key languages are C++ and Python; a solid understanding of sound software development principles Up-to-date knowledge of industry trends and developments, a commercial instinct, and an understanding of sound risk management principles Good written and oral communication, interpersonal and organizational skills and ability to build and maintain relationships with personnel across areas and regions Ability to multitask with excellent time management skills Sense of focus and rigor in the completion of deliverables Pro-active behavior with capacity to seize initiative" null We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to HR@insightglobal.com.
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