Quantitative Programmer Java
Posted on :
19-04-2024
Employer Active
1 Vacancy
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Job Description
Req ID : 2737121
Position: Quantitative Programmer (Java)
location: Jersey City Tampa Dallas (Hybrid 3 Days onsite)
Duration: 6 months
Interview mode: Video
End Client: Finance Domain
Work authorization: No H1/CPT
Pay rate: $70/hr. C2C
Local profile needed only.
Overview: We are seeking a skilled Quantitative Programmer/Developer with expertise in Java programming and a strong understanding of Value at Risk (VAR) methodologies. The ideal candidate will possess a combination of quantitative analysis skills programming proficiency and a keen interest in financial risk management. You will be responsible for developing and implementing VAR models conducting quantitative analysis and collaborating with crossfunctional teams to optimize risk management strategies.
Responsibilities:
- VAR Model Development: Design develop and maintain robust VAR models using Java programming language. Implement various statistical and mathematical techniques to accurately assess and quantify financial risk.
- Quantitative Analysis: Conduct thorough quantitative analysis to evaluate the effectiveness and reliability of VAR models. Identify areas for improvement and optimization to enhance risk management processes.
- Risk Assessment: Collaborate with risk management teams to assess the potential impact of market fluctuations and identify key risk factors. Utilize VAR models to measure and monitor the exposure of the organization to various types of risk.
- Software Development: Write clean efficient and maintainable code in Java to implement VAR models and related algorithms. Ensure code quality through rigorous testing and code reviews.
- Data Management: Manage and analyze large datasets to extract relevant information for VAR modeling purposes. Develop data preprocessing techniques to enhance the accuracy and reliability of VAR calculations.
- Documentation and Reporting: Document VAR model methodologies assumptions and results effectively. Prepare comprehensive reports and presentations to communicate findings and recommendations to stakeholders.
- Continuous Learning: Stay abreast of industry trends best practices and regulatory requirements related to financial risk management and VAR modeling. Continuously enhance knowledge and skills to drive innovation and improvement.
Qualifications:
Bachelors or Masters degree in Computer Science Mathematics Statistics Finance or a related field.
Strong proficiency in Java programming language with experience in software development.
Solid understanding of quantitative finance concepts particularly Value at Risk (VAR) methodologies.
Experience with statistical analysis tools and libraries (e.g. R Python MATLAB) is a plus.
Familiarity with financial markets products and risk management principles.
Excellent analytical and problemsolving skills with a meticulous attention to detail.
Effective communication and collaboration abilities with the capacity to work in a dynamic team environment.
Prior experience in financial services or risk management.
Employment Type
Full Time
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