$155000 - $ 285000 Year
Monday to Friday
Day shift
Health insurance
Paid time off
Employee discount
Dental insurance
Vision insurance
401(k)
401(k) matching
Flexible schedule
Parental Leave
Tuition reimbursement
Flexible spending account
Retirement plan
Others
Bloomberg’s Quantitative Analytics team is responsible for the design and implementation of modeling analytics that support client pricing and risk management solutions for financial products across the entire suite of Bloomberg products and services, including its terminal with 300,000+ clients, trading system solutions, buy and sell-side enterprise risk management, and derivatives valuation services. These models include those for pricing and risk of derivative products across all major asset classes, including market data; counterparty credit risk, XVA, initial margin; value-at-risk and other market risk metrics; climate risk; credit risk and liquidity risk. The team has two recent Risk Quant of the Year winners and is dedicated both to novel research as well as efficient model delivery through modern C++ and Python libraries.
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Within the Quantitative Analytics team, the Quantitative Risk Analytics group (“QRA”) is responsible for all credit, climate, market, and liquidity risk related modelling. Our Liquidity Risk models provide estimates on the available volume, cost to sell, and time to sell for a wide range corporate, municipal and sovereign debt, and equity securities under current market conditions and stress scenarios. The group is responsible for model research and development, as well as model deployment into production in collaboration with our Model Validation, Engineering, and Product Manager partners.
The Quantitative Risk Analytics group has an open position in New York for an experienced Liquidity Risk Quantitative Analyst to support our growing client business. The candidate will be responsible for researching, and prototyping models, documenting models, planning project execution, and coordinating with team members.
We will trust you to:
Research, design, prototype, implement, test, document and support statistical/machine-learning and econometric liquidity risk models
Support the integration and release of quant code into production systems in association with our Model Validation and Engineering partners
Day-to-day production support
Communicate modeling concepts and assumptions to external clients, product managers, sales, and risk product support unit, and engineers. This includes writing mathematical and technical documentation
Assist the QRA Team Leader with Liquidity Risk project management. This includes coordination of fellow team members as well as collaboration with -Engineering, Product Managers, and Model Validation partners
Maintain Liquidity risk methodology thought leadership. The Quant Analytics team sometimes publishes research papers in academic and industry journals
You will need to have:
Ph.D. in a quantitative field such as Mathematics, Physics, Engineering, Quantitative Finance or equivalent experience
A minimum of 4+ years on a liquidity risk modeling team (or similar team) of a buy-side or sell-side institution
Hands-on experience in designing, implementing, optimizing, and testing Machine Learning algorithms (Deep Neural Networks) and data-analysis pipelines
Demonstrable knowledge of probability theory, stochastic processes, and statistical estimation
Experience in Python and software engineering. This includes code design, implementation, testing and production release as well as working knowledge of common data science libraries
Hands-on experience in project management and delivery
We would love to see:
Strong oral and written communication skills
Collaborative mentality and enjoy working in teams with other quants, engineers, and product managers
Familiarity with object-oriented and functional design patterns, and programming
Team leadership, and ability to communicate with internal and external stakeholders and clients
If this sounds like you, please apply!
We will get in touch with you to let you know the next steps. In the meantime, check out https://www.bloomberg.com/company/what-we-do/
Bloomberg is an equal opportunity employer, and we value diversity at our company. We do not discriminate based on age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.
Bloomberg provides reasonable adjustment/accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable adjustment/accommodation to apply for a job or to perform your job. Examples of reasonable adjustment/accommodation include changing the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you would prefer to discuss this confidentially, please email AMER_recruit@bloomberg.net (Americas), EMEA_recruit@bloomberg.net (Europe, the Middle East and Africa), or APAC_recruit@bloomberg.net (Asia-Pacific), based on the region you are applying for.
Salary Range: 155,000 - 285,000 USD Annually + Benefits + Bonus
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.
We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation [Exempt roles only], paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.
Communication
Leadership
Teamwork
Interpersonal
Learning/adaptability
Self-management
Organizational
Computer
Problem solving
Open mindedness
Strong work ethic
technology
Others
4 years
Finance
On going position
In-person