Quantitative Risk Analyst
Quantitative Risk Analyst
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Job Description
Business Unit:
Compliance Risk and Internal Audit
Salary Range:
$132600 USD - $137600 USDSpecific compensation will be based on candidates experience skills qualificationscommercial considerations and other job-related factors permitted by law. At RussellInvestments salary is just one part of our compensation package. Our total rewardsapproach includes an annual performance bonus (subject to eligibility criteria) in addition toparticipation in our competitive benefits programs including healthcare retirement vacationand wellbeing programs.
Job Description:
Responsibilities: Prepare analyze and deliver periodic market risk reports utilized by portfolio managers senior management regulators and business units. Design and develop robust processes around risk modeling with focus on database design quantitative methods and automation. Assist portfolio managers with the risk related questions and analysis. Ad hoc projects and analyses that support risk management hedge fund research and portfolio management teams. Keep up to date on current trends in the asset management particularly liquidity risk space in addition to financial markets securities and general investment themes as well as advances in risk management theory and practice.
Qualifications: THIS POSITION REQUIRES A MASTERS DEGREE (OR FOREIGN EQUIVALENT) IN QUANTITATIVE ECONOMICS QUANTITATIVE FINANCE COMPUTATIONAL FINANCE AND RISK MANAGEMENT OR CLOSELY RELATED (QUANTITATIVE MAJOR) DEGREE.
IN THE ALTERNATIVE THE EMPLOYER WILL ACCEPT BACHELORS DEGREE IN QUANTITATIVE ECONOMICS QUANTITATIVE FINANCE COMPUTATIONAL FINANCE AND RISK MANAGEMENT OR CLOSELY RELATED (QUANTITATIVE MAJOR) DEGREE PLUS 5 YEARS OF WORK EXPERIENCE IN RELATED OCCUPATION.
Special Requirements:
REQUIRED SKILLS: EXPERTISE/KNOWLEDGE OF:
- FOUNDATION OF INVESTMENT KNOWLEDGE INCLUDING AN UNDERSTANDING OF INVESTMENT STRATEGIES CAPITAL MARKETS MARKET INDEXES KNOWLEDGE OF FINANCIAL PRODUCTS IN DIFFERENT ASSET CLASSES: STOCKS BONDS COMMODITIES EQUITY AND/OR FIXED INCOME DERIVATIVES.
- EXPERIENCE WITH VALUATION/PRICING MODELS.
- MATHEMATICAL ANALYTICAL SKILLS SUCH AS MONTE CARLO SIMULATION TIME SERIES ANALYSIS STOCHASTIC CALCULUS LINEAR ALGEBRA OPTIMIZATION AND PROBABILITY.
- MACHINE LEARNING SKILLS SUCH AS REGRESSION CLASSIFICATION TREE-BASED METHODS CLUSTERING MODEL SELECTION AND REGULARIZATION.
- KNOWLEDGE OF FINANCIAL RISK MANAGEMENT CONCEPTS SUCH AS VALUE-AT-RISK EXPECTED SHORTFALL STRESS TESTING CREDIT SPREAD DEFAULT CORRELATION AND COPULAS.
- AUTOMATING QUANTITATIVE AND REPORTING PROCESS IN PROGRAMMING LANGUAGES SUCH AS C VISUAL BASIC VBA R AND/OR PYTHON OBJECT ORIENTED PROGRAMMING SSIS OR SQLSERVER.
- EXPERIENCE WITH SPREADSHEETS AND DATABASE MANIPULATION.
MUST POSSESS EXPERTISE/ KNOWLEDGE SUFFICIENT TO ADEQUATELY PERFORM THE DUTIES OF THE JOB BEING OFFERED. EXPERTISE/ KNOWLEDGE MAY BE GAINED THROUGH EMPLOYMENT EXPERIENCE OR EDUCATION. SUCH EXPERTISE/ KNOWLEDGE CANNOT BE QUANTIFIED BY TIME.
**Multiple positions**
*May work from home up to 1 day a week*
How to apply: Qualified applicants please send resume to: Must reference QRA-25.
Equal Employment Opportunity
Russell Investmentsis committed to providing equal employment opportunities for all associates and employment applicants regardless of race religion ancestry creed color gender (including gender identity which refers to a persons actual or perceived sex and includes self-image appearance behavior or expression whether or not different from that traditionally associated with a persons biological sex) age national origin citizenship status disability medical condition military status veteran status marital status sexual orientation past or present unemployment status or any other characteristic protected by law.
Required Experience:
IC
Employment Type
Full Time
