What are the responsibilities and job description for the VP - Prime Risk Quant position at Selby Jennings?
A Tier-1 Investment Bank in NYC is looking to add a VP level Prime Risk Quant to their Front Office, Prime Quant Analytics function. This is a strong team, with some of the strongest quant talent on the street.
This individual will join a lean, Front Office Quant team focused on developing analytics and models with a focus on margin methodology, client risk exposure, stress testing, and other models leveraged by the Prime Risk team to set and monitor client margin and risk.
Ideal candidates will have 4-5 years of experience working in a Quant group within Prime Risk, Treasury, or XVA with in depth knowledge of margin methodology and financing products like margin loans, repo, etc. Given it is a front office function, candidates will need to have strong communication skills and a commercial mindset.
Qualifications:
- 4-5 years of experience in a quant role supporting Prime, Treasury (Funding/Liquidity), or XVA desk
- Experience developing and supporting margin methodology and risk frameworks
- Knowledge of various financing arrangements and products like repo and margin loans
- Prior experience developing client stress testing and stress scenarios
- Strong communication skills and ability to work in a fast-paced, front office environment
Salary : $175,000 - $220,000