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Senior Quantitative Analyst – Vice President
| Company | State Street |
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| Location | Boston, MA, USA |
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| Salary | $120000 – $187500 |
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| Type | Full-Time |
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| Degrees | Master’s, PhD |
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| Experience Level | Senior |
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Requirements
- MS or PhD in Finance, Economics, Financial Engineering, Statistics, Math, or related field; senior positions require at least 5 years of model validation or relevant experience in a financial services firm
- Strong written and verbal communication skills
- Excellent quantitative modeling, analytical, research, and programming skills (e.g., MATLAB, R, Python, SAS, Stata, SQL)
- Deep knowledge of theoretical and empirical finance across a broad range of products and asset classes
- Strong project management skills exemplified by the ability to work independently on multiple projects and meet deadlines
Responsibilities
- Assessing model theory and assumptions as well as considering modeling methods and alternate options
- Testing and confirming model results by using documented procedures for running models
- Assessing computational accuracy by reviewing code documentation for proper model implementation, including the possible simulation of results
- Assessing the integrity of data inputs
- Assessing the stability and robustness of models by conducting backtesting, sensitivity testing, and stress testing
- Presenting results of model validation work to senior management and making recommendations for improvements
Preferred Qualifications
No preferred qualifications provided.
