What are the responsibilities and job description for the Quantitative Model Validation Engineer position at Global Technical Talent, an Inc. 5000 Company?
Quantitative Model Validation Engineer
Location: Buffalo, NY
Onsite Flexibility: Hybrid — 3 days/week at the office
Contract Details
Position Type: Contract
Contract Duration: 6 months
Start: As Soon As Possible
Pay rate: $97.52/hr
Job Summary
The Model Validation team is responsible for independently validating and monitoring cross-asset models and analytics delivered by clients to their clients.
Key Responsibilities
- Design and implement validation framework to assess the performance of analytics produced by the client'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 build and maintain the automated tests framework.
- Apply strong knowledge of financial markets, including pricing conventions, 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.
Required Skills
- 5 years of experience in quantitative modeling or related field
- Solid understanding of quantitative models and methodologies, with the ability to critically assess and validate them
- Strong proficiency in Python with 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
Education Requirements
- Degree in quantitative field (Mathematics, Physics, Computer Science, Finance, or related discipline) preferred
Benefits
- Medical Insurance
- Vision Insurance
- Dental Insurance Plans
- 401k Retirement Fund
About the Client
Leading provider of financial markets data and infrastructure. Offers open platform, best-in-class data, and expertise to drive performance, innovation, and growth. Powers critical investing, trading, and risk decisions for clients worldwide. Join our team and make a global impact..
About GTT
GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.
Job Number
26-03916
Salary : $98