Vice President Quantitative Risk Analytics

About the role

This role involves providing quantitative tools, analysis, and support to the trading desk. Key responsibilities include the development, delivery, and support of advanced mathematical models, as well as the development and testing of model and pricing applications. The position requires delivering modeling and analytical support to both trading desks and non-Front Office groups, while also contributing to special trading desk projects and secondments as needed.

Responsibilities

• Gather new requirements from the trading desk and manage delivery of solutions through quant libraries and associated IT systems.
• Management and ownership of existing pricing tools and operational framework; implementation of new ones.
• Front line, daily quantitative support and responsibility for North America Structured Rates Trading (SRT) overnight processes, such as risk and model marking.
• Desk projects calibrating and assessing performance of pricing and risk models.
• Agile modelling and mathematical valuation for pricing and risk of new products.
• Co-ordination with EMRM and GRM as part of the process of submitting front office developed models for vetting and use in the bank's risk framework.
• General responsibilities as a member of the global quant team:
  • Proactively identify operational risks/control deficiencies in the business.
  • Review and comply with Firm Policies applicable to your business activities.
  • Escalate operational risk loss events, control deficiencies, and risks that you identify to your line manager and the relevant risk and control functions on a timely basis.
  • Identify, assist, and manage operational risks/control deficiencies in the business.
  • Help to recruit, retain, and develop top talent.

Requirements

Must have:

• Degree in Mathematics, Physical Sciences, or Financial Mathematics.
• Knowledge of derivatives and financial products, for trading, pricing, and risk management.
• Knowledge of programming (C++/Python) and software systems.

Nice-to-have:

• A postgraduate degree, especially PhD, in a quantitative discipline such as physics, mathematics, computing, finance, economics, or engineering.
• Skilled programmer in C++/Python.
• Strong written and oral communication skills.
• Team-focused; must work effectively with other quants, technology, and business functions.
• Tenacious and adaptable.
• Ability to build and maintain strong working relationships.
• Flexible, enthusiastic, and positive attitude.

Benefits

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Flexible work/life balance options.

Pay

The expected salary range for this position is $135,000 - $225,000, depending on factors including but not limited to the candidate's experience, skills, registration status, market conditions, and business needs. This range does not include other elements of total compensation, such as a discretionary bonus and benefits.

Schedule

• Work hours/week: 40
• Employment Type: Full time

Location: Brookfield Place (200 Vesey Street), New York, United States.