Quantitative Risk Management Consultant

DTI (Diversified Technology Inc.) Provided Pay Range This range is provided by DTI (Diversified Technology Inc.). Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base Pay Range $60.00/hr - $62.00/hr DTI has an immediate need for a Quantitative Risk Management Consultant for a 12+ Months contract . Must work on our W2 Location: New York Duration: 12+ Months contract The candidate will assist the Clearing Department on day-to-day activities in support of quant risk team. The Quantitative Risk Team in the Risk Management Department is responsible for developing, analyzing, and back-testing models for clearing initiatives. Daily Responsibilities Daily responsibilities include code release testing, historical data validation, margin and stress testing model validation, and portfolio back-testing. The candidate must have the ability to efficiently, effectively, and independently conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time. Required Skills Masters (and above) in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline. Strong quantitative and analytical background. Excellent programming, communication, and documentation skills. Knowledge of financial markets. Knowledge in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred. Knowledge in advanced derivatives modeling and knowledge of volatility models preferred. Experience with programming languages such as C++/C#, R, VBA, Python, and SQL is also required. Preference will be given to candidates who can demonstrate the best practices in developing risk models like Historical VaR, Monte Carlo VaR, Multi-Factor Risk Models, Stressed VaR, Liquidity Risk models, etc. Benefits Please click on the link below for our company benefits. Equal Opportunity Employer Statement DTI is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, sex, gender identity, sexual orientation, national origin, ancestry, age, disability, marital status, veteran status, or any other protected characteristic under Illinois state or federal law. All qualified applicants are encouraged to apply, and employment decisions are based solely on merit, qualifications, and business needs. Seniority Level Mid-Senior level Employment Type Contract Job Function Other Industries Banking, Investment Banking, and Financial Services #J-18808-Ljbffr DTI (Diversified Technology Inc.)