Quantitative Risk Associate Director

Join to apply for the Quantitative Risk Associate Director role at The Depository Trust & Clearing Corporation (DTCC)

Join to apply for the Quantitative Risk Associate Director role at The Depository Trust & Clearing Corporation (DTCC)

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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.

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• 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).

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

• Maintain and enhance in-house fixed income risk models
• Produce model performance metrics and analytics to support communications with both internal model users and external supervisors
• Explain model behavior, carrying out scenario analyses, develop new quantitative analysis tools
• 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

• Master’s degree or higher in a quantitative field of study
• 5+ years of hands-on experience in quantitative models, research, with deep understanding in fixed income market.

Talents Needed For Success

• Fluent in Python and SQL
• Knowledge of Treasury Securities and/or MBS pricing and VaR modeling a big plus.
• Strong Analytical, quantitative and problem solving skills, as well as demonstrated research skills
• Good communication skills, both oral and written
• Excellent attention to detail and focus on quality of deliverable

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…