Quant Analyst; PhD ; W2

Top Skills' Details

• PhD in STEM field
• Excellent programming skills (preferably with Python)
• Excellent communication skills and proactive attitude.

As a Quantitative Finance Analyst your main responsibilities will involve:

• Developing and implementing new models or enhance existing models

• Maintaining & developing loss forecasting and capital models

• Seeking out work and enhancing current models/processes

• Producing clear and coherent technical documentation for internal and regulatory purposes

• Qualified PhD level in a numerical discipline (e.g. Statistics, Mathematics, Physics or Engineering)
• Experience in developing, documenting & maintaining numerical models for purposes of loss forecasting or calculating capital requirements
• Demonstrates consistent attention to detail
• Proven ability to communicate complex technical concepts clearly

• Technical skills:
  Statistics, Probability Theory, Econometrics
• IT skills:
  Prior experience of using both statistical modeling tools (e.g. SAS, R) and development experience in either C++ or Python
• Documentation:
  Ability to clearly document quantitative models and evidence technical modeling choices
• Data analysis and interpretation. Experience of interpreting and manipulating large financial data sets
• A Practical knowledge of credit products including loans, bonds and credit derivatives

• Practical experience of quantitative model documentation using of LaTex or similar mathematical typesetting packages

This is a Contract to Hire position based out of Chicago, IL.

The pay range for this position is $50.00 - $80.00/hr.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:
• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

This is a hybrid position in Chicago,IL.

This position is anticipated to close on Jan 24, 2026.

The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.