Quantitative Associate

Overview :

A financial firm in Chicago is seeking an experienced quantitative professional to contribute to the development, implementation, and maintenance of risk models for margin, clearing fund, and stress testing. This role involves close collaboration with cross-functional teams including quantitative analysts, technologists, and risk managers.

Key Responsibilities :

• Develop and enhance models for pricing, margining, and stress testing of derivatives and financial products
• Build and maintain model prototypes, libraries, and testing frameworks
• Conduct performance testing, backtesting, and quality assurance of models
• Document methodologies and implementation details
• Support model integration into production systems and assist with new product launches
• Provide analytical support to risk teams and communicate findings across departments

Qualifications :

Education & Experience :