Quantitative Finance Manager

Location: New York, NY
Date Posted: 11-15-2018
We are pleased to present the following job opportunity with our client!  Take a look and if you meet the requirements please submit your resume and we'll be in touch if you're a good fit!


Job description
The GRA team provides quantitative capabilities supporting global risk management and capital management and develops a consistent set of risk and capital models and analytical tools that drive the company’s technology infrastructure.
 
This role sits within the Global Markets GRA Model Performance team. This team is responsible for monitoring and assessing the performance of all risk models used across Global Markets – supporting risk management in understanding the drivers behind material risk metric movement and the impact of model limitations, and working with the model development team to enhance and improve model accuracy and the overall performance of the analytics platform.
Reporting to the Head of Global Markets GRA Model Performance, you will lead the overall model performance engagement across the bank for Market Risk along with the New York team of approx. 8 Quantitative Finance Analysts working across all areas of the group. In this role you will be responsible for all aspects of the teams remit including setting out the strategy for model performance analysis, agreeing with all model stakeholders, making sure that the team have an appropriate toolset, execution, overall analysis QA and presentation of our results to senior management both internally within the bank and externally with regulators across the globe.
You will have the opportunity to gain experience across all areas covered including Market Risk, Counterparty Credit Risk, Prime Brokerage, UMR-SIMM and IRC/CRM. This is an excellent opportunity to work in a fast growing, international team.
 
As a Quantitative Finance Manager your main responsibilities will involve:
  • Reviewing outcomes of model performance monitoring incl. assessment of model limitations for clear conclusions and actions to be taken to remediate/escalate.
  • Discussing the results of model performance analysis with all model stakeholders, presenting to senior management and regulators across the globe.
  • Leading efforts for initiative projects involving various teams to develop/implement more robust and improved model performance monitoring strategies, frameworks, and processes.
  • Boosting synergistic effects across various models and platforms for efficiency and optimization.
  • Driving operational excellence.
 
As a Quantitative Finance Manager your skills and qualifications will ideally include:
  • MS or PhD degree preferably in quantitative finance, financial mathematics, and similar quantitative discipline.
  • 10+ years of experience in related fields such as model development, model risk, market risk, counterparty credit risk management, and quantitative middle office or similar.  
  • Broad financial product knowledge and strong analytical and programming skills; past experience in python and latex is desirable.  
  • Experience in regulatory exams and CCAR is preferred. 
  • Effective managerial skills to lead team members and lead initiatives across the globe.
  • Strong 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 and prioritization skills for multiple projects.
Very competitive salary and benefits!
Great company to work for!
Full relocation package is available!
Don't miss out! Apply now and we'll be in touch immediately with more specific details, salary information and to answer any questions!!

This position does NOT provide sponsorship so please do NOT apply if you require sponsorship.  Thank You

KP Recruiting Group 
"Bringing Talent to the Marketplace"

KP Recruiting Group is a well established and very respected recruiting firm.  We have built a strong reputation as a premier resource for providing highly qualified candidates for our clients.  We are very experienced in many industries and have a wide range of clients.  We will serve as your advocate during your career search!  Let us do the work for you!  There is never a fee for our services!



 
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