Quantitative Risk Associate Director

Title: Quantitative Risk Associate Director

Location: Jersey City United States

Job Description:

Are you ready to make an impact at DTCC?

Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact you will have in this role:

Quantitative Risk Management, QRM is responsible for the development and support of models and methodologies for the quantification of risk. QRM also carries out quantitative analysis and other analytical support to firms' risk management and other business needs. Quantitative Risk Management (QRM) is responsible for the development and support of models and methodologies for the quantification of risk. QRM also carries out quantitative analysis and other analytical support for DTCC's risk management and other business needs.

Your Primary Responsibilities:

• Conduct quantitative research/analysis related to model development, maintenance, and performance monitoring, primarily for equity products cleared through NSCC.
• Conduct quantitative risk analysis to support other business units.
• Build and maintain NSCC model prototypes for model development.
• Facilitate model risk management activities.
• Facilitate model specification and model engine test with Risk Technology team.
• Maintain key data source for groups model development and quantitative analyses.
• Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.

Qualifications:

• 5 years of experience in financial market risk management and quantitative modeling
• Master's degree in quantitative disciplines

Talents Needed for Success:

• Technical skills in SQL and Python
• Communicates openly keeping everyone across the organization informed

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.