Hybrid

The Options Clearing Corporation is hiring a Lead Associate Principal, Quantitative Risk Management

Requirements

  • Master’s degree in computer science, statistics, mathematics, physics or related and two (2) years of experience as a Quantitative Analytics Specialist, Quantitative Researcher, or related
  • Must have work experience with each of the following: 1) implement advanced mathematical and statistical predictive models for risk management using GARCH models, Expected Shortfall models, or Copula-based models; 2) design and apply model validation and performance monitoring studies using advanced statistical methods such as regression discontinuity designs for causal inference, Kolmogorov-Smirnov tests for data-drift detection, or Kupiec test for Value-at-Risk backtesting; 3) develop quantitative software using programming languages Python, R or MATLAB, building SQL data extraction pipelines for SQuirrel SQL Client or Microsoft SQL Server, and create quantitative libraries and software repositories with Github; and 4) implement advanced optimization algorithms such as Stochastic Optimization, Markov Chain Monte Carlo or Quadratic Programming.

Benefits

  • A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness.
  • A hybrid work environment, up to 2 days per week of remote work
  • Tuition Reimbursement to support your continued education
  • Student Loan Repayment Assistance
  • Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
  • Generous PTO and Parental leave
  • 401k Employer Match
  • Competitive health benefits including medical, dental and vision

Work Arrangement

Hybrid

Additional Information

  • Up to 40% telecommuting permitted.
  • OCC offers a standard benefits package.
  • No calls.
  • EOE.
About company
The Options Clearing Corporation
The world's largest equity derivatives clearing organization, dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. A Systemically Important Financial Market Utility (SIFMU).
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Posted 6 months ago