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Model Risk Quant Developer -Chicago, IL -Hybrid

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: FinTrust Connect
Full Time position
Listed on 2026-01-12
Job specializations:
  • IT/Tech
    Data Security, AI Engineer, Data Science Manager
Salary/Wage Range or Industry Benchmark: 100 - 165 USD Hourly USD 100.00 165.00 HOUR
Job Description & How to Apply Below
  • Model Risk Quant Developer
    -Chicago, IL - Hybrid

Fin Trust Connect Chicago IL Hybrid

Share Your Resume and Build Your Future!

Join our Talent Community for Chicago. The city shows steady contractor demand for quantitative developers who can partner with model risk and front office teams to ship production grade analytics and testing frameworks.

Requirements
  • 5 to 9 years in quant development or model engineering
  • Python expert with strong software engineering practices and Git based workflows
  • Experience packaging analytics for production use and validator reruns
  • Knowledge of market or credit or liquidity risk modeling techniques
  • Familiarity with CI and CD and containers and artifact registries
Responsibilities
  • Engineer model libraries and challenger models with clear APIs and documentation
  • Build scenario and sensitivity engines and quality checks for inputs and outputs
  • Maintain continuous testing and nightly backtests with alerts and dashboards
  • Work with stakeholders to translate regulatory asks into code and evidence
Outcomes we track
  • Nightly validation jobs success 99% with auto rerun and notify

  • Mean time to reproduce validation results < 1 hour

  • Repeat findings over two consecutive cycles 0

Compensation and terms
  • Consultant pay $100 to $165 per hour

  • Contract
    -Hybrid
    -Chicago, IL or Remote US W2 or 1099

How to apply
  • Apply on our site Fin Trust Careers

  • Or email with subject [Apply] Model Risk Quant Developer Chicago

  • Follow Fin Trust Connect on Linked In

Keywords

Model Risk, Quant Developer, Python, Risk Analytics, CI CD, Unit Tests, Benchmarking, Challenger Models, SR 11 7, Data Lineage, Docker, Chicago

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