Managing Director – Market Risk Quantitative Analytics
CHICAGO, IL - RELOCATION PACKAGE AVAILABLE
3 days per week (4 for the first 6 months)
An opportunity for an experienced Market Risk Quant leader to join a growing global financial institution, combining deep quantitative expertise with hands-on model development, team leadership and strategic regulatory initiatives.
Key Responsibilities
- Lead, mentor and develop a team of market risk quants, providing technical guidance and acting as a senior role model.
- Develop, enhance and implement quantitative market risk models, with a strong focus on VaR, statistical modelling and regulatory capital.
- Drive strategic initiatives across model development, analytics infrastructure, automation and evolving regulatory frameworks, including FRTB.
- Oversee model performance, backtesting, benchmarking and remediation of model issues.
- Partner with trading, risk, technology and model risk teams, engaging with senior stakeholders and regulators.
Skills & Experience Required
- Significant experience in market risk quantitative analytics, ideally 10+ years, with a strong track record of technical delivery and leadership.
- Deep understanding of VaR, statistical estimation and derivatives valuation.
- Strong hands-on programming and quantitative development skills, particularly in Python.
- Proven ability to lead and coach quantitative professionals while remaining technically involved.
- Experience delivering complex modelling projects and navigating regulatory requirements.
- FRTB and commodities market risk experience advantageous, but not essential for candidates with strong transferable expertise.
