Associate Principal, Quantitative Risk Management - Unlock Your Potential in Model Analytics
Job Overview:
We are seeking a highly skilled and motivated Associate Principal, Quantitative Risk Management to join our team at Workwarp. As a key member of our Quantitative Risk Management team, you will play a critical role in developing and maintaining risk models for margin, clearing fund, and stress testing. This is an exceptional opportunity to apply your technical expertise and collaborative mindset to drive business growth and success.
Key Responsibilities:
Develop and maintain complex risk models for pricing, margin risking, and stress testing of financial products and derivatives
Design, implement, and maintain model prototypes, model libraries, and model testing tools using industry best practices and innovations
Collaborate with cross-functional teams, including quantitative analysts, business users, data and technology staff, and model validation colleagues to implement new models and enhance existing ones
Perform model performance testing, including portfolio back-testing using historical data, and conduct comprehensive quality assurance testing on model libraries
Provide quantitative analysis and support to risk managers on pricing, margin, and risk calculations, and communicate model analysis to professionals across the organization
Requirements:
Master's degree or equivalent in a quantitative field, such as computer science, mathematics, physics, or finance/financial engineering (PhD preferred)
5+ years of experience in quantitative areas in finance and/or development experience in model implementation and testing
Strong quantitative skills, with deep understanding of financial mathematics, econometrics, data analysis, and machine learning techniques
Proficiency in programming languages, such as Java, C++, Python, R, or Scala, and experience with database technology and query languages (e.g., SQL)
Excellent problem-solving skills, with the ability to challenge model methodologies, model assumptions, and validation approaches
What We Offer:
A highly collaborative and supportive environment with a hybrid work arrangement (up to 2 days per week of remote work)
Competitive salary range: $110,500 - $195,900 per year, with an incentive range of 8% to 15%
Comprehensive benefits package, including tuition reimbursement, student loan repayment assistance, technology stipend, and generous PTO and parental leave
Opportunities for professional growth and development in a dynamic and innovative organization
Ready to Apply?
If you are a motivated and talented individual with a passion for quantitative risk management, we encourage you to apply now. Please submit your application, including your resume, and we will be in touch to discuss this exciting opportunity further.
Apply Now
Apply Now
We are seeking a highly skilled and motivated Associate Principal, Quantitative Risk Management to join our team at Workwarp. As a key member of our Quantitative Risk Management team, you will play a critical role in developing and maintaining risk models for margin, clearing fund, and stress testing. This is an exceptional opportunity to apply your technical expertise and collaborative mindset to drive business growth and success.
Key Responsibilities:
Develop and maintain complex risk models for pricing, margin risking, and stress testing of financial products and derivatives
Design, implement, and maintain model prototypes, model libraries, and model testing tools using industry best practices and innovations
Collaborate with cross-functional teams, including quantitative analysts, business users, data and technology staff, and model validation colleagues to implement new models and enhance existing ones
Perform model performance testing, including portfolio back-testing using historical data, and conduct comprehensive quality assurance testing on model libraries
Provide quantitative analysis and support to risk managers on pricing, margin, and risk calculations, and communicate model analysis to professionals across the organization
Requirements:
Master's degree or equivalent in a quantitative field, such as computer science, mathematics, physics, or finance/financial engineering (PhD preferred)
5+ years of experience in quantitative areas in finance and/or development experience in model implementation and testing
Strong quantitative skills, with deep understanding of financial mathematics, econometrics, data analysis, and machine learning techniques
Proficiency in programming languages, such as Java, C++, Python, R, or Scala, and experience with database technology and query languages (e.g., SQL)
Excellent problem-solving skills, with the ability to challenge model methodologies, model assumptions, and validation approaches
What We Offer:
A highly collaborative and supportive environment with a hybrid work arrangement (up to 2 days per week of remote work)
Competitive salary range: $110,500 - $195,900 per year, with an incentive range of 8% to 15%
Comprehensive benefits package, including tuition reimbursement, student loan repayment assistance, technology stipend, and generous PTO and parental leave
Opportunities for professional growth and development in a dynamic and innovative organization
Ready to Apply?
If you are a motivated and talented individual with a passion for quantitative risk management, we encourage you to apply now. Please submit your application, including your resume, and we will be in touch to discuss this exciting opportunity further.
Apply Now
Apply Now