Quantitative Analyst / Quantitative Analyst Job Description
Quantitative analyst / quantitative analyst
provides reports and analyses through tools, models, portals and databases (AWS, SQL, Excel, Tableau, python, R and/or other data analysis & management systems) to allow full visibility of both the plan and our execution against it.
Quantitative Analyst / Quantitative Analyst Duties & Responsibilities
To write an effective quantitative analyst / quantitative analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included quantitative analyst / quantitative analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
An understanding of Stochastic Calculus, Partial Differential Equations, Monte-Carlo Methods, Finite Difference Methods, and Numerical Algorithms
Review, update, validation and support of analytical models
Ensuring all model support documentation is of good standard and current
Developing statistical tests to demonstrate model quality and accuracy
Employ database management skills to ensure the accuracy of model assumptions
Consistently focus on advancing asset/liability management capabilities through continued education and research
Develop/enhance QRVG analytical library/tools
Participate in model governance and model risk management
Coordinate the feedback from multiple model recommendation owners and ensure consistency in the model governance system PALMS
Automate various processes
Quantitative Analyst / Quantitative Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Quantitative Analyst / Quantitative Analyst
List any licenses or certifications required by the position: CFA, FRM, PRM, SAS, CQF, PMP, CPA, ISA, QSA, CISA
Education for Quantitative Analyst / Quantitative Analyst
Typically a job would require a certain level of education.
Employers hiring for the quantitative analyst / quantitative analyst job most commonly would prefer for their future employee to have a relevant degree such as Master's and Bachelor's Degree in Mathematics, Finance, Statistics, Engineering, Physics, Computer Science, Economics, Technical, Education, Applied Mathematics
Skills for Quantitative Analyst / Quantitative Analyst
Desired skills for quantitative analyst / quantitative analyst include:
R
SQL
Python
Matlab
C++
Excel/VBA
Financial analysis
Based on proven project management and testing methodologies
Experience in executing all phases of the technology life cycle
Processes and business practices
Desired experience for quantitative analyst / quantitative analyst includes:
Prior experience with methodology projects driven by regulatory change and/or knowledge of evolving regulatory requirements
Maintain a high level of knowledge of the technical subject matter covered by the team
Chartered Accountant (SA), ACCA
Experienced technical accountant
Ability to design and implement results of financial models relating to the areas
Listed above (where applicable)
Quantitative Analyst / Quantitative Analyst Examples
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Quantitative Analyst / Quantitative Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a quantitative analyst / quantitative analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for quantitative analyst / quantitative analyst
- Familiarity with the INTEX cash flow modelling library
- Fluency in C++ language and design patterns
- Self motivated and innovative, with problem solving skills
- Knowledge of interest rates and Rates and FX models (HW, LMM, HJM, local volatility models)
- A team player, working in partnership with the rest of the DBA team and stakeholders in FO, GTO, Risk and Finance
- Innovative, working on best in class solutions for pricing and risk management
- Disciplined, properly documenting and testing models
- Experience in coding in C++ in a managed codebase is a plus
- Supports analysis of bulk vs
- The candidate will learn about our client needs and validate the quantitative analysis of models to fulfill those needs
Qualifications for quantitative analyst / quantitative analyst
- Masters &/or CFA preferred
- 5 + years of experience with financial/econometric modeling and data analysis
- Must be able to write in a technical matter to clearly document model development process
- Demonstrated knowledge of financial modeling, econometric, and statistical methods
- Must be able to work independently and proactively and take initiative in
- Proven track record within a banking institution working in a methodology function or risk change quantitative business analyst
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Quantitative Analyst / Quantitative Analyst Job Description
Job Description Example
Our innovative and growing company is looking for a quantitative analyst / quantitative analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for quantitative analyst / quantitative analyst
- Perform stress tests and on-going performance analysis
- Quantitative Analyst will conduct quantitative research and be instrumental in the design and development of quantitative investment strategies across various asset classes
- Create and modify existing models including mapping out work and process flow with details documentation
- The analyst will build applications to meet the risk management and portfolio construction needs of the broader organization
- Maintain interest and up-to-date understanding of problems affecting the business and recommend and implement solutions for streamlining and improving workflow efficiency
- Produce summary statistical analysis for portfolio management purposes
- Research projects as directed involving intensive data collection and analysis
- Support Quantitative Analyst and Senior Portfolio Managers with research and publishing efforts, financial modeling, and statistical analysis
- Assist Quantitative Analyst with creating and presenting data to brokers and institutional clients
- Independent spot checking of data to verify accuracy and integrity
Qualifications for quantitative analyst / quantitative analyst
- Strong understanding of the software development lifecycle (SDLC) process required for model implementation
- Strong understanding of the computational finance workflow covering model calibration, execution and reporting
- Strong written communication skills with experience in writing methodology business requirements documents and technical notes
- Strong understanding of trading book and banking book products covering OTC derivatives (Credit derivatives, fixed income
- Master�s degree or Phd in a quantitative discipline such as Econometrics, Financial Engineering, Physics, Mathematics or Statistics
- Professional qualification in Risk management or quantitative finance such as GARP, PRMIA, CQF or CFA
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Quantitative Analyst / Quantitative Analyst Job Description
Job Description Example
Our company is looking for a quantitative analyst / quantitative analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for quantitative analyst / quantitative analyst
- Counterparty credit exposure simulation and pricing models for cleared derivatives, exchange traded derivatives, and listed products
- Non-cleared swaps and derivatives margin rules methodology, including SIMM
- Model testing, including support for backtesting, stress testing, quant developer testing during model development
- Engage model validation, providing documentation, data and explanations to support the model risk and governance process
- Engage risk managers and senior management in communication and impact assessment activities prior to model release into production, for follow-up discussions and explanations of post-production model impact
- Support front office credit risk management, including risk officers, traders, and sales and trading
- Support calculation of exposure measures (EPE, EAD, CVA) used for both internal risk management and regulatory capital calculation
- Model development for IMM (Internal Models Method)
- Develop econometric models based on behavioral analysis to support financial and credit risk forecasts including but not limited to loan prepayments, deposit attrition, and RWA credit analysis
- Develop and improve deposit attrition and balance models for IRR and FTP
Qualifications for quantitative analyst / quantitative analyst
- Experience using SAS (including statistical modeling), SQL, VBA, and Business Objects
- Previous CCAR experience is preferred
- Prefer a Ph.D
- Solid understanding of derivative products and excellent quantitative skills are required
- Broad background and deep understanding of derivative asset classes including credit derivative, emerging market derivative, structured fund derivative, MBS, BSM, ALM, interest rate derivative, equity derivative, metal derivative etc, and traded risk models, methodology, and processes
- Substantial programming experience is required
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Quantitative Analyst / Quantitative Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a quantitative analyst / quantitative analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for quantitative analyst / quantitative analyst
- Perform any other relevant tasks
- Lead efforts to rewrite our stress testing infrastructure
- Administrate risk limits
- Development and maintenance of financial models used in risk measurement, income simulations, balance sheet management, or asset valuations
- Analysis of model output, synthesis of information, and communication of conclusions and recommendations in a clear and concise manner to senior managers, executives, and the Board
- Testing of established models, including back-testing, benchmarking, sensitivity testing, and scenario analysis
- Develop automated solutions to simplify challenging and repetitive processes
- Build and refine predictive and descriptive analysis to improve insights, enhance data-driven strategies, decision making insight/recommendations, and improve profitability
- Manage campaign execution, scheduling and allow for target new offers to different customer segments at different prices/offers through different sales channels
- Work with stakeholders to assess business needs and develop analytic project plans/strategy
Qualifications for quantitative analyst / quantitative analyst
- The candidate must have a strong understanding of cleared CME IRS and other OTC products, IRS pricing and risk models used by CME
- Experienced within performance analysis
- Developing derivatives pricing models
- Advanced degree in risk, finance, mathematics or statistics or related discipline (Ph.D, MBA, ) preferred
- 3+ years of investment banking, corporate banking, FP&A, stress testing experience highly desirable
- Advanced knowledge of CCAR, FR Y-14A, FR Y-14Q, FR Y-14M forms helpful
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Quantitative Analyst / Quantitative Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of quantitative analyst / quantitative analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for quantitative analyst / quantitative analyst
- Evaluates and enhances current mathematical models related to underlying assumptions, theoretical foundations, statistical and mathematical methods, empirical evidence, data quality and software implementation
- Ad hoc statistical and mathematical support bank-wide
- Coordinating capital model implementation projects for the assigned Market and Business risk models
- Collaborating with Capital management technology teams in analyzing present-state, developing alternative future-state approaches, design of systems and processes, managing change and facilitating implementation of model updates
- Providing project charters, business requirements documents, test planning, design input and reviews, implementation approval documentation, and coordination with production release management
- Partner with a mentor to get up to speed on Citizen’s functions and modeling functions
- Under the guidance of his/her manager, responsible for developing and executing all aspects of consumer and commercial PPNR models and for ensuring full compliance with regulatory and accounting requirements, while providing credible direction to support business decisions
- Perform validation on the Bank's quantitative models in accordance with industry and SR11-7 standards, and develop challenge models as needed using statistical techniques
- Assist in model and risk management governance and administration
- Assist in the preparation of presentations for executive management, model risk committees, and the Board of Directors' risk committees
Qualifications for quantitative analyst / quantitative analyst
- Applying knowledge of commercial banking, including risk decisions, including extension of credit, loan modifications, and prepayment
- Applying demonstrated knowledge of modern risk management techniques, including Value-at-Risk, Basel, and Stress Testing
- Developing and implementing both cross-sectional statistical models and time series methodologies across common statistical model types (e.g., linear and logistic regression)
- Identifying and resolving issues associated with serially correlated econometric modeling
- Passion for investing with a strong desire to be an integral part of a multi-asset investment process
- A highly collaborative temperament comfortable engaging with senior investors across the firm and working in a fast paced environment