What are the responsibilities and job description for the Senior Associate – Quantitative Liquidity & Market Risk (Model Development & Analytics) position at Madison-Davis, LLC?
Title: Senior Associate – Quantitative Liquidity & Market Risk (Model Development & Analytics)
Office Status: Hybrid – New York, NY
Base Salary: $90,000 – $105,000
Overview:
A globally recognized financial market infrastructure organization is seeking a Senior Associate to join its Liquidity & Market Risk team with a strong emphasis on quantitative modeling and risk analytics. This group plays a critical role in ensuring the stability of large-scale settlement systems, with a focus on model development, validation, and enhancement across liquidity and market risk frameworks. The role offers deep exposure to regulatory-driven stress testing, complex risk modeling, and hands-on work with large datasets in a highly analytical environment.
Key Responsibilities:
- Develop, enhance, and maintain quantitative liquidity and market risk models supporting settlement system risk oversight
- Perform model performance monitoring, validation, and recalibration in line with model risk governance standards
- Design and implement benchmarking frameworks to assess and validate internal risk models against external or alternative approaches
- Build and refine stress testing models to evaluate liquidity shortfalls, member default scenarios, and system-wide risk impacts
- Conduct advanced quantitative analysis of liquidity and market risk exposures under normal and stressed conditions
- Enhance modeling methodologies used in risk measurement, including scenario design and parameter calibration
- Analyze large, complex datasets to identify risk drivers, anomalies, and emerging trends impacting settlement liquidity
- Support automation and optimization of model workflows and risk analytics processes to improve efficiency and scalability
- Produce model-based risk reporting and quantitative insights for senior management, committees, and regulatory stakeholders
- Partner with technology, risk, and operations teams to integrate models into production systems and improve data pipelines
- Contribute to ongoing refinement of risk frameworks, ensuring alignment with regulatory expectations and industry best practices
Salary : $90,000 - $105,000