Quantitative Analyst/Specialist

About the role

Quantitative Analyst/Specialist contract position located in Jersey City, New Jersey. The role focuses on the research, design, and development of quantitative risk models for initial margin and stress testing of fixed-income products. The successful candidate will collaborate with business, quantitative, and technology teams to deliver model enhancements and analytical solutions.

Responsibilities

• Research, design, and develop quantitative risk models for initial margin and stress testing of fixed-income products.
• Develop high-quality research prototypes and robust model implementations to support model analysis, validation, and production deployment.
• Support model validation, testing, deployment, and ongoing model maintenance throughout the model lifecycle.
• Collaborate with business, quantitative, and technology teams to deliver model enhancements and analytical solutions.

Requirements

• Education: A Master's degree or higher in a quantitative discipline, such as Financial Engineering, Mathematics, Statistics, Physics, Computer Science, or a related field is required.
• Experience: A minimum of 5 years of experience in quantitative model development, risk management, or financial engineering is required.

Skills

• Technical Skills: Strong programming skills in Python and SQL are necessary. Strong software engineering skills, including code quality, testing, performance optimization, and maintainable system design are also required.
• Preferred Qualifications: Experience with R, MATLAB, or other analytical and statistical tools. Knowledge of fixed-income products, market risk methodologies, or stress testing models.

Benefits

• Medical, dental, vision, life, disability, and other insurance plans offering optional financial protection.
• Employee Stock Purchase Program (ESPP).
• 401K program with company match after 12 months of tenure (contributions typically allowed within 30 days of starting).
• Health Savings Account (HSA) on the HDHP plan.
• SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions.
• Corporate discount savings program and other discounts.
• On-demand training program; access to certification prep and a library of technical and leadership courses/books/seminars after 6+ months of tenure; certification discounts and perks for associations including CompTIA and IIBA.
• Dedicated customer service team for consultants to address benefits and other resources.
• Certified Career Coach.
• Full list of benefits, programs, support teams and resources available in the ‘Welcome Packet’ provided by an Everforth Apex team member.