I am working with a fast-growing insurance, reinsurance and investment management firm with offices in Manhattan and CT. They have a strong book of business as they manage $140 billion in assets under management and they're growing significantly right now after a recent investment from a top global investment firm.
Now they're looking to expand their Risk Division as the firm grows, right now, the firm is looking to hire a Quantitative Risk Manager and a Market Risk Manager. Considering the growth of the three main business lines, they want to build out a strong layer of leadership in Risk as they take the business forward
Responsibilities
- Maintain existing quantitative models for equities (including stochastic volatility) and interest rates
- Develop quantitative models for assessing interest rate and credit risk
- Build tools to help senior leaders more efficiently and effectively quantify market and credit risks and communicate results to the Board and relevant risk committees
- Assist in the setting of hedge targets and risk appetite limits based on quantitative risk models
- Collaborate with the Hedge Trading Desk to explore risk return profiles and trading analytics
Requirements
- Dig deeply into quantitative models
- Understand python/SQL/VBA
- Make recommendation for potential modeling changes
- Have an understanding of stochastic risk modeling methodology for equities, volatility, interest rates, and credit
