Associate Principal, Model Validation Contract

Illinois  ‐ Remote
This project has been archived and is not accepting more applications.
Browse open projects on our job board.

Keywords

Risk Analysis Model Validation Java (Programming Language) C Sharp (Programming Language) C++ (Programming Language) Mathematical Finance MATLAB Backtesting Carry Out Assessments Chemistry Financial Institution Databases Econometrics Innovation Management Market Risk Mathematics Microsoft SQL Servers Physics S-PLUS Software Engineering Product Software Implementation Method Quantitative Analysis Object-Oriented Programming (OOP)

Description

*Hybrid, 3 days onsite, 2 days remote*

A prestigious financial firm is in the search for an Associate Principal, Model Validation. This person will focus on validation & assessments of the performance of quantitative models within the company. This position will require 6+ years of experience working with one or more of the following: C++, C#, Java, MatLab, etc.

Responsibilities:

  • Review and validate quantitative risk model documentation
  • Verify accuracy and reliability of the software implementation of the model
  • Develop and implement complex independent tests to validate the model implementation
  • Develop model risk analysis tools, such as back testing tools, to support ongoing model validation
  • Develop and implement repeatable back testing suites for new and existing models
  • Develop and implement independent models to benchmark company production models
  • Assess the models by ensuring that the data used is valid
  • Document testing activities
  • Document validation activities
  • Communicate with Quantitative Risk Management and other departments about issues and concerns
  • Provide expert knowledge on recommendations throughout validation processes
  • Create logical and innovative solutions to complex problems
  • Complete all validation assessments to meet strict business timelines

Qualifications:

  • 6+ years of related experience as a goal of those to include.
  • 2 or more years of software development experience in C++, Java, C#, solid object-oriented programming skills, MS SQL Server database, or similar current modern technology
  • Some work or experience in Matlab and R/Splus desirable
  • Advanced degree in mathematical finance, econometrics, mathematics, physics, chemistry or similar discipline or science with quantitative focus
  • Quantitative finance knowledge at the level of Measuring Market Risk by Kevin Dowd, or similar comparable.
Start date
n.a
Duration
1 year or Longer
From
Request Technology
Published at
24.05.2023
Project ID:
2602817
Contract type
Freelance
Workplace
100 % remote
To apply to this project you must log in.
Register