Job Description

Reference # : 17-02081Title : QMO UMR IA Associate
Location : New York, NY
Position Type : Direct Placement
Experience Level : Start Date : 03/07/2017
Eclaro International is currently recruiting for a QMO UMR IA Associate for one of our financial services clients.

Job Description:

This role will require the associate to work closely with CPM, CPM Technology and Finance TP/PNL teams to assist with the build out of the MVA operational processes. The associate will help validate calculation logic has been implemented correctly and will assist with analyzing unreasonable changes in MVA calculation results. This role will require the associate to deliver quick tactical solutions to issues identified with the MVA calculation and provide working prototypes that will serve as the foundation for strategic changes to the MVA calculations and operational processes.


? Provide guidance to the CPM desk on optimal compression and hubbing routines
? Validate impact to portfolio market risk and EAD reductions post compression and hubbing routines
? Build tactical solutions needed to manage and verify compressions and hubbing routines
? Conduct in-depth analysis of unexplained moves in market risk
? Coordinate build out efforts across relevant UMR teams and ensure design changes implement correctly
? Involvement in ad hoc projects for new processes
? Evaluate effectiveness of vendor subscribed risk rebalancing efforts


? Masters degree or higher in Finance, Economics or Quantitative field
? Excellent communication skills
? Strong technical skills including experience using Excel, VBA and SQL
? Experience working with OTC derivative products
? Strong knowledge of market and credit risk


? Understanding of the collateral management process
? Knowledge of the Uncleared Margin Rules
? Python programming experience

Application Instructions

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