Senior Quantitative Risk Specialist – CMBS (4-7+ Years Experience), Global Financial, New York, NY recruitment
Senior Quantitative Risk Specialist
CMBS / Structured Products
New York, NY
A global financial is seeking a Senior Quantitative Risk Specialist - CMBS, to join its Enterprise Risk Management Group in New York City.
The Senior Risk Specialist plays an essential role by providing the firm with superior analytical skills. Sr. Risk Specialists work collaboratively with other team members and senior managers on risk analysis, risk reporting, and value added strategies.
Sr. Risk Specialists are responsible for the creation of risk and product valuation models, strategy analytics, and various risk and valuation tools used by fellow members of the team to better understand risk and to better identify market exposures.
Salient attributes or skills associated with this position are as follows:
Four to seven (or more) years experience in the area of structured products valuation, risk factor models, stress testing, model development, implementation and validation, and risk management (market risk, credit risk, asset-liability management) – with specific expertise in CMBS.
Technical Skills
i) Technology skills (proficiencies in such things as C/C++, VBA, Matlab, Intex, or others)
ii) An ability and talent in discussing and contributing ideas.
iii) Excellent communication and collaborative skills.
iv) Market inquisitiveness – a natural desire to contribute to the firm’s commercial relevancy – through the development of financial analytics and the application of analytical skills. The candidate must have the ability to combine various disciplines and sub-disciplines – mathematical finance, empirical statistics, etc. – and must have market expertise in order to identify revenue enhancing / risk mitigating opportunities.
v) Experience in designing and implementing analytics which have gained widespread use on one or more well regarded platforms is extremely desirable.
vii) Strong independent problem solving skills. Assiduous work ethic.
Other Essential Qualities:
- Even temperament – especially in time-critical and pressure situations
- Strong attention to detail and follow-up
- Ability to work in a complex environment as a significant idea contributor and team player in situations involving multiple geographic and financial markets
- Ability to work on various ad hoc projects as required.
- Ability to deal with ambiguity and change.
Other
A college degree is required and a degree from an elite school is a plus. An advanced degree in a quantitative field is strongly preferred (such as a Masters degree in Computational Finance; a Masters degree in Mathematical Finance; a PhD in Finance or Economics; or a PhD in Mathematics, Physics, Statistics, or Computational Sciences). A graduate degree from a top ranked school is a plus.
The firm offers an employee benefit package that includes health and insurance coverage and other important benefits including relocation allowance, if applicable.
Please Note:
The Polaris Group conducts its activities in keeping with the highest ethical standards. Candidates are presented in a manner which complies with anti-discrimination laws – and in accordance with applicable federal, state and local laws – without regard to race, color, religion, sex, national origin, age, veteran status, disability or any other legally protected category.
About The Polaris Group
The Polaris Group, with offices in Atlanta, Chicago, Charlotte, Minneapolis, New York, Tampa, and Charleston, South Carolina, conducts executive search and advisory work for large integrated investment and commercial banks, hedge funds, private equity firms, asset management firms, broker/dealers, insurance companies, and specialty finance firms.
The firm’s financial services practice includes various functional areas: banking and structured finance, leveraged finance, derivatives, transaction structuring, modeling, administration, risk management, quantitative algorithmic finance, syndication, trading specialists, fixed income sales/trading; as well as IT, systems technology, and treasury functions (CFO office, Treasury related specialists).
For candidates, the firm provides senior client intermediation – that reflect interesting and uniquely attractive opportunities for outstanding professional growth; and for the firm’s clients and candidates, the firm is dedicated to long-term senior level consultative and advisory relationships.