Quant Analyst
Insight Global
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 .
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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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