Job Description

Reference # : 17-01759Title : Junior Quant Analyst
Location : Chicago, CO
Position Type : Direct Placement
Experience Level : Start Date : 02/27/2017
Description
Eclaro International is currently recruiting for a Junior Quant Analyst for one of our financial services clients.

Job Description:


• Assist with the testing and validation of risk sensitivities through each technology release
• Provide enhanced analysis on risk sensitivities to front office and operations teams when new measures or new counterparties on-boarded
• Review and verify the risk sensitivities that are used for IM computation
• Assess production risk results for errors
• Identify and Establish control processes that will mitigate future risk calculation errors
• Work directly with the front office and technology teams on issues discovered through technology testing and risk review
• Validate and explain drivers of day over day changes in sensitivities to FO and technology
• Work with technology teams to guide risk measure reporting and control requirements

Candidates in this role will:
• Gain strong industry knowledge on the UMR program
• Apply your analytical skills to solve UMR IM and risk sensitivity valuation issues
• Deepen your OTC derivative knowledge in asset classes you may not have previous exposure to
• Join a dedicated team of associates that embraces creative problem solving

Required Skills:
• Master's degree or higher in Finance, Economics or Quantitative field
• Excellent communication skills
• Strong technical skills including experience using Excel, VBA and SQL
• Strong analytical skills
• Understanding of Fixed Income and FX modeling
• Experience working with OTC derivatives
• Experience pricing OTC derivative products including futures, options, swaps, credit default swaps, forward rate agreements and swaptions
• Knowledge of Financial Risk Management, Credit Risk Models, Value at Risk (VaR).
• Strong knowledge of market & credit risk

Desired Skills:
• Understanding of the collateral management process at large bank
• Knowledge of CVA, FVA, regulatory capital requirements, and Independent Amount
• Python programming experience and willing to learn Python
• Previous management experience desired

Application Instructions

Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!

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