Quantitative Analyst Quantitative Analyst …

Options Clearing Corporation
in Chicago, IL, United States
Permanent, Full time
Last application, 01 Oct 19
Competitive
Options Clearing Corporation
in Chicago, IL, United States
Permanent, Full time
Last application, 01 Oct 19
Competitive
Quantitative Analyst
Quantitative Analyst - QRM Chicago - 125 S Franklin/en-US/careers/job/Chicago---125-S-Franklin/Quantitative-Analyst---QRM_REQ-1450/apply

Summary

2-3 sentences describing the overall responsibilities.

The Quantitative Analyst will work closely with the other quantitative risk team members, business users and IT colleagues to implement models for pricing and risk management of complex financial derivatives, as well as support and enhance existing systems in that domain.

Primary Duties and Responsibilities:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

Develop high-performance numerical algorithms, conforming to the high reliability and availability standards of the organization

Develop pricing and risk analytic tools to support risk management, and design risk sensitivity analysis reports.

Review models and algorithms of other team members

Write quantitative, systems and review documentation, including executive summaries for business users and management

Implement algorithms in Matlab, Java or other relevant software language.

Work collaboratively with other members of FRM, as well as MVG/AD/QA for the review and implementation of models.

Supervisory Responsibilities:

  • N/A

Qualifications:

The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

  • Graduate degree in a quantitative field such as statistics, financial mathematics, quantitative finance, computer science, physics, mathematics, economics, Finance

  • Strong knowledge on financial derivatives in general, equity derivative products and their pricing models in particular.

  • Quantitative skills across derivatives valuation, risk factor identification, risk modeling, scenario analysis and stress testing.

Technical Skills:

  • Quantitative scripting language such as Matlab, R, Python

  • Experience of one or more statistical and econometric packages

Education and/or Experience:

  • Graduate degree in a quantitative field such as statistics, financial mathematics, quantitative finance, computer science, physics, mathematics, economics, Finance

Certificates or Licenses:

  • N/A

Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.  

Step 2
You will receive an email notification to confirm that we've received your application.

Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location. 

For more information about , please click

OCC is an Equal Opportunity Employer

Posted TodayFull timeREQ-1450

OCC is the world's largest equity derivatives clearing organization and the foundation for secure markets. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2016 Clearinghouse of the Year - The Americas by FOW Magazine and 2016 Clearinghouse of the Year by Global Investor/ISF Magazine, OCC now provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com.

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