26922-Quantitative Risk Analyst

Villa Park, IL 60181

Posted: 06/29/2022 Industry: Other Job Number: 38289

Job Description

Quantitative Risk Analyst



#TM – 26922



Location: Chicago, IL-Hybrid         

Duration:  12 months+



Job Description:
  • Candidate will assist the Clearing Department on day-to-day activities in support of quant risk team. The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives.



Principal Accountabilities:
  • Daily responsibilities include code release testing, historical data validation, margin and stress testing model validation, and portfolio back-testing. The candidate must have the ability to conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time efficiently, effectively, and independently.



Job Requirements:
  • Strong quantitative and analytical background.
  • Excellent programming, communication, and documentation skills.
  • Knowledge of financial markets.
  • Knowledge in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred.
  • Knowledge in advanced derivatives modeling and knowledge of volatility models preferred.
  • Experience with programming languages such as C++/C#, R, VBA, and SQL is also required.
  • Preference will be given to candidates who can demonstrate the best practices in developing risk models like Historical VaR, Monte Carlo VaR, Multi-Factor Risk Models, Stressed VaR, Liquidity Risk models, etc.


  • Bachelor or Master’s in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline.







Job Requirements


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Toni Matteson

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