Junior Quantitative Specialist

Responsibilities

• Support senior quants in derivatives pricing model documentation and validation tasks
• Help maintain and improve internal quant tools and scripts used for pre-trade by trading desks (both FIC and EQD)
• Perform periodic model performance monitoring: backtesting, benchmarking, and exception reporting in line with model risk management (MRM) policy
• Address client queries related to UMR and SIMM calculations
• Assist in building and maintaining a clean, well-documented knowledge base internally in ARD
• Provide support to trading on the ARD tools locally in AMER
• Build expertise on pricing models, SIMM, regulatory frameworks, and margin models
• Participate in documentation and process improvement

Requirements

• 1+ years of experience with strong academic background
• Exposure to pricing models, SIMM is a plus
• Master’s degree in finance, Mathematics, or related field

Skills

• Strong quantitative and analytical skills
• Knowledge of derivatives pricing and risk metrics
• Programming skills (Python preferred)

Benefits

• 401(k) plan with company match
• medical/dental/vision
• other benefits for fertility, wellness, student loans and commuters

Pay

Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus.