Analysis Skills, Artificial Intelligence (AI), Banking Services, Brokerage, Calculus, Capital Markets, Credit Risk, Data Science, Develop Methodologies, EAD, Financial Mathematics, Gap Analysis, GitHub, Mathematics, Model Validation, Product Pricing, Python Programming/Scripting Language, Quantitative Analysis, Risk Modeling, SQL (Structured Query Language), Statistics, Value At Risk (VaR)
Position Details:
Client: Banking
Job Title: Senior Quant Developer / Quantitative Modeler
Location: Hybrid role in Charlotte, NC 28202 (3 day onsite)
Schedule: Mon-Fri: Basic Business hours
Duration: 12 Months + Possible Extension
Start Date: ASAP - Apply Now !
Pay-range: 75-80/hr
Job Description:
- This appears to be a Bank - Quantitative Analytics Specialist 4 (Contingent) opening focused on Counterparty Credit Risk (CCR) modeling, specifically cross-margin methodology development within Capital Markets.
Role Focus Area:
- Counterparty Credit Risk modeling (not pricing models)
- Cross-margin methodologies in prime brokerage/derivatives businesses
- Quantitative model development and enhancement
- Heavy Python development
- Market risk modeling (VaR) without CCR exposure.
- Pricing model development without margin methodology experience.
- Pure Python development without quantitative finance.
- Data science backgrounds lacking derivatives knowledge.
Skill Weighting (Very Important):
1.Cross-Margin Expertise – 50%
- Prime Brokerage margin methodologies
- Cross-product margin offsets
- Clearing/CCP margin concepts
- Counterparty exposure management
- Mathematics & Quantitative Modeling – 30%
- Probability & Statistics
- Stochastic Processes
- Analytical formula derivation
- Model validation and gap analysis
- Programming – 20%
- Python (expert)
- SQL
- AI coding tools (GitHub Copilot or similar)
Additional Details:
- 5+ years in quantitative analytics
- Counterparty Credit Risk experience
- Prime Brokerage or Clearing experience
- Cross-margin methodology knowledge
- Advanced Python development skill
- Strong mathematical background (Statistics, Stochastic Calculus, Financial Engineering)
- Experience with exposure models (PFE/EPE/EAD)
Note: The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, life insurance, long-term disability insurance, short-term disability insurance, paid parking/public transportation, (paid time , paid sick and safe time , hours of paid vacation time, weeks of paid parental leave, paid holidays annually - AS Applicable)
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Collabera
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