Job Description

Reference # : 18-00145Title : Quant Services Sr. Analyst
Location : Chicago, IL
Position Type : Direct Placement
Experience Level : Start Date : 01/07/2018
Assignment Detail
Industry:Financial ServicesJob Category:Finance / Accounting
Description
Quant Services Senior Analyst

Grab the opportunity to achieve your full potential! Eclaro is looking for a Quant Services Senior Analyst for our client in Chicago, IL.
Eclaro’s client is one of the world's largest financial institutions, committed to providing the tools and services that bridge the gap between customers and their goals. If you’re up to the challenge, then take a chance at this rewarding opportunity!

The Quant Services Senior Analyst is a member of the team responsible for maintaining the stability of business processes and controls needed to ensure the firm's IA calculations are accurate and consistent with Dodd-Frank's Uncleared Margin Rules (UMR) in support of our internal stakeholder, the Counterparty Portfolio Management group.

The Quant Services Senior Analyst will be responsible for various business-as-usual deliverables which must be executed in a timely yet accurate fashion.

RESPONSIBILITIES
  • Review and verify the model inputs feeding the IA calculations
  • Identify, document and escalate production errors detected during pre and post-calculation routines
  • Perform periodic controls which exist to prevent and mitigate erroneous IA calculations
  • Work directly with the front office and technology teams on issues discovered through technology testing and daily control procedures
  • Assist with the testing and validation of IA results through each technology release
  • Identify and establish control processes that will mitigate future IA calculation errors
  • Perform daily and ad-hoc reporting to measure and monitor key metrics for the UMR BAU space
  • Provide enhanced analysis and IA explains to front office and collateral operations teams when counterparty disputes arise for IA calculations
QUALIFICATIONS:
  • Undergraduate in Mathematics, Finance or Quantitative field
  • 1-3 years of experience working in a quantitative risk, middle office, or front office role
  • Excellent communication & analytical skills
  • Knowledge of Financial Risk Management, Credit Risk Models, Value at Risk (VaR) including market & credit risk
  • Strong technical skills including experience using Excel, VBA and SQL
  • Experience pricing OTC derivative products including futures, options, swaps, credit default swaps, forward rate agreements and swaptions
  • Experience working with OTC derivatives/Fixed Income


Interested in applying?
Contact Elland at ebondoc@eclaro.com now.


Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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