Quantitative Model Validation Engineer

Axelon Services Corporation

Buffalo, NY

JOB DETAILS
SALARY
JOB TYPE
Full-time
SKILLS
Analysis Skills, Customer Relations, Financial Modeling, Model Validation, Performance Analysis, Performance Metrics, Product Pricing, Quantitative Analysis, Stock Market
LOCATION
Buffalo, NY
POSTED
30+ days ago
Pay Rate: $95 per hour Location: Buffalo, NY Work Mode: Hybrid (min. 3 days/week at the office) Summary: The Model Validation team is responsible for independently validating and monitoring cross-asset models and analytics delivered by the company. Responsibilities: Design and implement a validation framework to assess the performance of analytics produced by the company's quantitative libraries. Perform in-depth validation of quantitative models and evaluate them using relevant performance metrics. Design and implement a technical solution to validate and monitor financial models. Develop an understanding of the quantitative library and its key components. Produce clear, well-structured validation reports and present findings to internal collaborators. Define model testing strategies and document model methodologies and assumptions. Contribute to building and maintaining the automated tests framework. Apply strong knowledge of financial markets, including pricing conventions and valuation assumptions. Deliver high-quality insights and support with a strong customer-focused mindset. Solve complex analytical and technical problems with a high degree of independence. Requirements: 5 years of solid understanding of quantitative models and methodologies, with the ability to critically assess and validate them. Strong proficiency in Python (good development practices) and experience with key data structures and libraries. Knowledge of financial markets, products, and pricing frameworks. Strong problem-solving skills and the ability to work on sophisticated model-related challenges.

About the Company

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Axelon Services Corporation