RE: Quantitative Risk Specialist - Weehawken, NJ

[Santhosh Kumar]

Quantitative Risk Specialist 

 

Job Location: Weehawken, NJ

Job Duration: 6 Months

 

Job Description:

• This person will be reviewing existing models to estimate losses for portfolios based on certain risk factors. 
  
• Reporting on risk. 
  
• Come up with forecasting and the likely evolution of equities. =

Your role 

• Are you adept at risk matters? Are you interested in Stress Testing? Do you know how to work well within a team to develop and deliver solutions? Then we are looking for you to:
  
• create, develop and maintain methodologies for stress testing for UBS
  
• use techniques from quantitative risk management, financial mathematics and econometrics to develop, assess, and change models
  
• implement models in R and produce clear documentation for regulators 
  
• bring new quantitative modeling ideas to our team on a temporary basis to push ahead a key project within the bank.

Must Have Skills:

• Experience in programming, code in "R"
  
• Master's or PhD degree in applied quantitative discipline (e.g. Econometrics, Statistics, Financial Engineering, Computational Science, Finance)
  
• IT flair and programming knowledge. Experience in writing code is essential

Your team 

• You’ll be working in the Stress Methodology team in the greater New York city area. 
  
• Our role is to develop, maintain, and apply stress testing framework for assessing the impact of global macro-economic scenarios on the firm’s profitability and capital adequacy. 
  
• The framework captures all risk types across all businesses world-wide. 
• We develop and maintain a suite of scenario-aligned risk category stress models, have an important role in scenario expansion, and support diverse other stress-related activities.

Your experience and skills

You have:

• a Master's or PhD degree in applied quantitative discipline (e.g. Econometrics, Statistics, Financial Engineering, Computational Science, Finance)
  
• some experience in building models from scratch (e.g., time series analysis, linear/non-linear models, Gaussian/non-Gaussian models, parametric/non-parametric models)
  
• sound knowledge of statistical and econometric methods and their application
  
• programming knowledge. Experience in writing code is essential (spreadsheet macros don't count)
  
• strong analytical, conceptual and organizational skills with the ability to work to tight deadlines
  
• general understanding and interest in (macro-) economic mechanisms and their influence on financial markets

You are:

• interested in creating your own models
  
• proficient in programming with statistical software (e.g. R, Matlab, …) 
  
• a great communicator (and you know how to handle challenging situations)
  
• team-orientated, while able to complete tasks independently
  
• fluent in English, additional languages are welcome
  

 

 

Thanks and Regards

 

Srinivas| Talent Acquisition, Menzo Technologies Corp 1146 Easton ave, Somerset, New Jersey-08873 Sr...@Menzotech.com | www.Menzotech.com   Work: 732-372-4214

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