What are the responsibilities and job description for the Quantitative Business Analyst – Risk & Performance position at clearwateranalytics?
As the Quantitative Business Analyst Risk & Performance for our Risk & Performance team, you will be responsible for overseeing the development and enhancement of our Value-at-Risk and Stress Testing products. You will collaborate with cross-functional teams, including quantitative analysts (quants) and engineers, to ensure that our product meets the high standards expected by our clients and stakeholders. This role requires a strong blend of technical understanding, market knowledge, and analytical skills. Key Responsibilities: Market Data Requirements: Define market data requirements essential for Risk Analytics products. Collaborate with market data vendors to source high-quality data to support our modeling and analytical needs. Maintain an awareness of market trends and data availability to ensure our product remains competitive and robust. Specification Drafting: Draft comprehensive specifications for product components, ensuring clarity and precision. Define and document modeling methodologies that will be applied within the VaR and Stress Testing products. Work closely with stakeholders to gather requirements and translate them into actionable specifications. Cross-functional Collaboration: Coordinate with quants and engineers to drive product development and ensure timely delivery of solutions. Facilitate communication between teams to resolve any issues and align on product goals and priorities. Act as a product advocate, fostering a shared understanding of the Risk Analytics products across various departments. Requirements: Bachelor’s degree in Finance, Economics, Science, Engineering, or Mathematics. 5 years of experience as a Product Manager or Business Analyst in financial services or risk management, particularly in market risk or quantitative finance. Understanding of value-at-risk concepts and methodologies, including historical and Monte-Carlo simulations. Excellent written and verbal communication skills, with the ability to draft technical specifications clearly. Strong analytical and problem-solving skills. Coding experience in modern object-oriented languages – Python, C , C#, or Java is a plus. Customer-facing experience explaining highly technical analytic solutions sets you apart. Salary Range $102,000.00 - $144,000.00 This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits. Clearwater Analytics is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class. Thank you for your interest in a career with Clearwater! Clearwater Analytics (NYSE: CWAN) is transforming investment management with the industry’s most comprehensive cloud-native platform for institutional investors across global public and private markets. While legacy systems create risk, inefficiency, and data fragmentation, Clearwater’s single-instance, multi-tenant architecture delivers real-time data and AI-driven insights throughout the investment lifecycle. The platform eliminates information silos by integrating portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics in one unified system. Serving leading insurers, asset managers, hedge funds, banks, corporations, and governments, Clearwater supports over $8.8 trillion in assets globally. Learn more at www.clearwateranalytics.com. Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. We are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with the job description, we encourage you to still apply! You may be just what we're looking for.
Salary : $102,000 - $144,000