Senior Quant Risk Specialist – Operational Risk – Risk Management – Investment Bank – New York, NY recruitment

This group is expanding and looking for a Senior Quantitative Analyst within their Risk Management group. The profile will be responsible for development, analysis, validation, implementation and maintenance of various risk models (operational focus). 

Locations:   New York, NY

The role:

• Design, develop, and test new and current risk management models.

• Execute company-wide operational risk quantification methodology through mathematical modeling.

• Ensure consistent modeling techniques and collaborate with other members in devising advanced analytical methods of credit risk.

• Backtesting of operational risk quantification framework to be compliant to Basel, stress testing and capital requirements.

• Participate in risk methodology development.

• Construct new cutting edge models as per requested by upper management and the desk – where there is constant interaction with key investment professionals.

• Liaise with other members in the front and middle office (modelers, technology, PM’s, operations)

Requirements:

• Must hold a PhD or Master’s Degree in quantitative heavy subject.

-          Plus if in Economics, Finance, Math, Statistics, Physics, or Engineering.

• 3+ years of experience in the space.

• Strong knowledge of operational risk management principles and practices, BASEL requirements

• Programming skills in one of the following - MATLAB, C++, R, SAS, C, VBA/Excel

• Must also have experience with probability theory, stochastic processes, PDE’s, econometric modeling

• Comfortable with Decision trees, analytical hierarchy programming

• Working knowledge of distribution fitting, correlation analysis, extreme value theory, time series analysis, multivariable regression analysis, PCA, optimization – is a plus.

• Communication and problem solving skills must be stellar.

KEY WORDS:

operational risk, regulatory risk, basel, basel II, basel III, economic capital, risk modeling, compliance, quantitative risk, risk modeling, model development, model testing, model validation, actuarial methods, financial economics, financial mathematics, distribution fitting, correlation analysis, extreme value theory, time series analysis, regression analysis, PCA, optimization, statistics, econometrics

This is an immediate hire, interviews are to begin soon and early application is advised. GQR also welcomes tentative enquiries from suitably qualified individuals.

Confidentiality and utmost discretion is 100% assured.

APPLY | quant-jobs@g-q-r.com

VISIT US | www.g-q-r.com/vacancies

While a resume is preferable we also welcome tentative enquiries from well-qualified persons. To speak with an agent please contact one of our regional offices using the contact details listed below. Utmost confidentiality and discretion is assured.

LOS ANGELES | 1.310.806.9333

12100 Wilshire Boulevard, Los Angeles, CA 90025 | Office Hours: 6.00-21.00 PDT

LONDON | 020.3207.9090

St Clements House, London, EC4N 7AE | Office Hours: 9.00-21.00 GMT

NEW YORK | 1.212.763.8333

1325 Sixth Avenue, New York, NY 10173 | Office Hours: 9.00-21.00 EDT

HONG KONG | 852.3678.6738

2 Exchange Square, 8 Connaught Place, Central | Office Hours: 9.00-21.00 HKT

VISIT US | www.g-q-r.com | www.g-t-r.com | www.gqrgm.com 

GQR Global Quant,  GQR Global Trading,  GQR Global Markets

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