Senior Quantitative Finance Analyst Job Description
Senior quantitative finance analyst
provides financial modeling expertise and support to other modeling areas, including ALM modeling and counterparty credit risk models.
Senior Quantitative Finance Analyst Duties & Responsibilities
To write an effective senior quantitative finance analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included senior quantitative finance analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Conduct statistical analysis of financial transactions and other data sources
Objectives over the next two years will prioritize supporting conversion of the team’s SAS and Matlab based code base to Python, enhancing code to create greater operational capabilities, and helping the team migrate to GRA’s General Computing Platform (GCP)
Reviewing and testing models primarily used by the Global Rates line of business
Validate XVA/IM/CCR/IMM models developed by Quantitative Strategy Group and Global Risk Analytics
Validate XVA models developed by front office model developers and IMM/CCR models developed by Global Risk Analytics
Validate risk models for VaR, IRC/CRM, FRTB, stress testing
Review and analyze modeling Whitepapers, create implementation plan
Candidate is expected to play a lead role in validation of Credit derivative simulation and pricing models in Counterparty space
Although not a direct management role, it will involve working closely with more junior team members and reviewing and giving feedback on their work
Candidate is expected to play a lead role in validation of simulation and pricing models in Counterparty space
Senior Quantitative Finance Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Education for Senior Quantitative Finance Analyst
Typically a job would require a certain level of education.
Employers hiring for the senior quantitative finance analyst job most commonly would prefer for their future employee to have a relevant degree such as Master's and Bachelor's Degree in Statistics, Mathematics, Physics, Finance, Economics, Engineering, Quantitative Finance, Computer Science, Math, Graduate
Skills for Senior Quantitative Finance Analyst
Desired skills for senior quantitative finance analyst include:
Model performance measures
Financial instruments and financial risk management principles
R
Banking regulations on credit risk
Matlab
Model risk and credit risk modeling methodologies
Statistical
Differential equations
Financial risk modeling
Linear regression
Desired experience for senior quantitative finance analyst includes:
Advanced degree in a quantitative field (mathematics or physical sciences, engineering, ), finance, or economics
Build credibility with fellow associates in Audit associates in risk management and trading
Strong familiarity with mortgage modeling and products is a must
Expertise in econometrics
PhD in finance, economics, mathematics, physics or engineering 5-7 years of relevant work experience OR MS Degree with 8-10 years of relevant work experience
PhD or Masters degree in quantitative fields such as mathematics, statistics or equivalent
Senior Quantitative Finance Analyst Examples
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Senior Quantitative Finance Analyst Job Description
Job Description Example
Our growing company is looking to fill the role of senior quantitative finance analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior quantitative finance analyst
- Understand US, mission partner, and adversary capabilities and assess potential threats to U.S. security
- Provide US Treasury and related sponsors with commercial and economic analysis of national interest areas, and methodologies to identify mitigation alternatives
- As an experienced quantitative analyst, you will be responsible for driving forward Wholesale loss forecasting model development work within AMG-QS
- Provide leadership in the development of new models, analytic processes or systems approaches
- Promote the adoption of GRA best practices for model development, implementation and monitoring
- Pro-actively work with AMG QS, Wholesale Risk Analytics, and the LOB to identify opportunities to improve existing models/processes
- Take ownership to deliver results and meet critical deadlines
- Application of analytical tools to extract and prepare forecast / back-testing data, assess data and model limitations and materiality on the forecast
- Conduct historical back-testing to prepare diagnostic overlays
- Propose judgmental overlays to address potential issues or business changes
Qualifications for senior quantitative finance analyst
- In depth understanding of financial mathematics including stochastic calculus and probability theory, derivative pricing and risk models including interest rates and credit risk modelling
- 5y work experience is required in quantitative modelling and/or validation in CVA/CCR or derivative pricing models
- Masters or PhD degree in Statistics, economics or Math
- Of relevant work experience OR MS Degree with 8-10 years of relevant work
- On complex model validation projects
- Strong familiarity with balance sheet management modeling and products is a must
2
Senior Quantitative Finance Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of senior quantitative finance analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for senior quantitative finance analyst
- Present to senior management and examiners
- Cross functional support for model development and business stakeholders
- Identify risks and issues to effectively troubleshoot
- Over time, objectives will also include end-to-end model development and implementation, either by creating new models for variables demanded by downstream users, or through enhancement to existing models to improve conceptual soundness, performance, or address issues raised by Model Risk Management
- PhD degree in quantitative fields such as statistics, financial engineering, physics, mathematics, computer science
- Strong familiarity with liquidity risk and balance sheet management modeling and products is a must
Qualifications for senior quantitative finance analyst
- Highly numerical degree (up to MSc or PhD level) in Statistics, Financial Mathematics, Mathematics, Physics or Engineering
- Master’s degree in Financial Engineering, Statistics, Economics or related
- PhD or Master degree in quantitative fields such as mathematics, statistics, physics or equivalent
- In depth understanding of financial mathematics including stochastic calculus and probability theory, derivative pricing and risk models including interest rates and credit risk modeling
- MS or PhD in Mathematics, Statistics, Econometrics or other technical degree
- MS degree in Economics, Finance, Business Statistics or related field
3
Senior Quantitative Finance Analyst Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of senior quantitative finance analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for senior quantitative finance analyst
- Advanced degree (Masters or Ph.D.) in a quantitative area such as Statistics, Mathematics, Econometrics, Computer Science, Physics, , 6+ years of working experience in the field
- Some experience with Capital markets and trading is a plus
- Applicants selected for this position will be subject to a government security investigation and must meet eligibility requirements for access to classified information or applicants who are eligible for security clearances
- Experience working in multi-disciplinary teams to solve complex problems
- Ability to bridge finance and international security domains
- Thrives in working with multi-disciplined teams on critical national security challenges
Qualifications for senior quantitative finance analyst
- PhD or Master degree in quantitative fields such as mathematics, statistics, physics, financial engineering or equivalent
- Strong knowledge of pricing/simulation models in asset classes is essential
- Industry experience in FVA/KVA/MVA models is a plus
- Master's degree or equivalent in Economics, Finance, or a related quantitative field
- Fixed Income experience a plus
- Bachelors degree in a quantitative field computer science, statistics, math with 3+ years of quantitative experience
4
Senior Quantitative Finance Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of senior quantitative finance 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 senior quantitative finance analyst
- Ability to work in a highly controlled and audited environment
- Effective at prioritization, and time and project management
- Sees the broader picture and is able to identify new methods for doing things
- Strategic thinker that can understand complex business challenges and potential solutions
- Experience using data mining and other advanced analytical techniques to aggregate data for model development and/or to produce management reporting
- Experience designing, developing, and applying scalable Machine Learning and Artificial Intelligence solutions
Qualifications for senior quantitative finance analyst
- Passion for adapting and developing new technology, tactics, and procedures for solving national challenges
- Competent in analytic writing and presentation to senior leaders
- Advanced degree in Finance or a related discipline
- Experience with U.S. Treasury, Commerce, or related federal entities
- Experience using Bloomberg or other financial market tools
- 15-20 years of international finance experience
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Senior Quantitative Finance Analyst Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of senior quantitative finance analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for senior quantitative finance analyst
- Knowledge of regulatory guidelines and stress testing including CCAR, DFAST
- Capability to provide leadership to junior quantitative analysts
- Strong stakeholder engagement skills with an ability to work with colleagues in other functions (business, risk and model validation)
- Organized, practical and execution focused with project management experience
- Self-motivated and Intellectually curious about both the role, supporting technologies and the wider bank
- Masters or PhD in a quantitative discipline (Economics, Statistics, Engineering)
Qualifications for senior quantitative finance analyst
- Experience with data analytics and visualization tools (e.g., Alteryx, Tableau, MicroStrategy)
- Identifies, assigns, and manages project tasks and timelines across teams
- Experience with engineering complex, multifaceted processes that span across teams
- Highly numerical degree (PhD level preferred, Masters required) in Statistics, Financial Mathematics, Applied Mathematics, Economics, Physics or Engineering
- 7+ years of work experience in developing, documenting & maintaining Wholesale models
- Strong technical writing and clear verbal communication skills