Quantitative Risk Management Consultant

Join to apply for the Quantitative Risk Management Consultant role at Docotel Group
.

• Location:
  
  New York
• Duration: 12+ Months contract
• Employment type:
  
  Full-time
• Seniority level:
  Entry level

The candidate will assist the Clearing Department on day‑to‑day activities in support of the quantitative risk team in the Risk Management Department. The Quantitative Risk Team is responsible for developing, analyzing, and back‑testing models for clearing initiatives.

• Daily responsibilities include code release testing, historical data validation, margin and stress testing model validation, and portfolio back‑testing.
• Conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time.

• Masters (and above) in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline.
• Strong quantitative and analytical background.
• Excellent programming, communication, and documentation skills.
• Knowledge of financial markets.
• Knowledge in advanced quantitative risk modeling and statistical models in risk management preferred.
• Knowledge in advanced derivatives modeling and volatility models preferred.
• Experience with programming languages such as C++/C#, R, VBA, Python, and SQL.
• Preference for candidates who can demonstrate best practices in developing risk models such as Historical VaR, Monte Carlo VaR, Multi‑Factor Risk Models, Stressed VaR, Liquidity Risk models, etc.

$62.44/hr depending on experience.

DTI is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, sex, gender identity, sexual orientation, national origin, ancestry, age, disability, marital status, veteran status, or any other protected characteristic under Illinois law or federal law. All qualified applicants are encouraged to apply, and employment decisions are based solely on merit, qualifications, and business needs.