Digital Asset Market Risk M&S Analyst

At MITRE, your passion fuels work that impacts our nation and improves lives. This is where your skills strengthen national security, cybersecurity, health, transportation, and citizen services. We’re a nonprofit engineering, applied research, and advanced technology organization working in the public interest. With objectivity and integrity at our core, we lead federally funded research and development centers for U.S. government agencies – collaborating with industry and academia to deliver integrated, high-impact solutions that advance our nation’s health, security, and prosperity. Our people tackle the toughest technical challenges, supported by competitive benefits, meaningful career development, and a culture of innovation, collaboration, and technical excellence. Choose MITRE for a career with purpose — and help shape the future.Department Summary:MITRE’s Model Based Analytics Department is an interdisciplinary department that thrives on having a large toolbox to support data- and model-driven decision making and we value people who can bring diverse perspectives. Our employees are expected to work on multiple projects, cross-pollinate good ideas across the government and continuously learn. Our department works to solve modeling and analytic problems in the public interest, in partnership with the government. We also actively conduct independent research in areas of interest to our government partners. We are seeking a motivated analyst to support the development of advanced analytical, computational, and simulation capabilities focused on digital asset markets. This role is centered on better characterizing, assessing, and predicting digital asset market dynamics from regulatory, supervisory, and risk management perspectives.The ideal candidate will bring strong quantitative and analytical skills, intellectual curiosity, ability to work in a fast-paced and dynamic environment, and an interest in applying modeling and simulation methods to complex, emerging financial systems. This work will support government sponsors in understanding risks, evaluating policy and oversight challenges, and developing actionable insights related to digital assets and market structure. You will work on mission-driven problems at the intersection of digital assets, financial innovation, and public-interest technology. You will collaborate with government sponsors and interdisciplinary teams to develop rigorous, actionable analysis that informs regulatory and risk management decisions in a rapidly evolving domain.Roles & Responsibilities:In this role, you will contribute to research and analysis in areas such as:Characterizing risks associated with digital asset, token, and stablecoin design.Assessing market structure, participant behavior, liquidity conditions, and sources of fragility across digital asset ecosystems.Analyzing blockchain and market data to identify anomalous behavior, market manipulation, concentration, and emerging vulnerabilities.Designing and building agent-based models, scenario-based simulations, and stress-testing frameworks for digital asset markets and protocols.Developing novel empirical measures to evaluate market quality, systemic risk, contagion, resilience, and consumer protection concerns.Applying advanced analytics and computational models to inform regulatory, supervisory, and risk management challenges facing MITRE sponsors.The successful candidate will help develop modeling and simulation approaches that improve understanding of digital asset market behavior and risk. Responsibilities include:Developing analytical frameworks to identify, measure, and monitor risks in digital asset markets, including market, liquidity, counterparty, operational, conduct, and systemic risksProducing evidence and analysis to support real-time market monitoring, surveillance, supervisory instrumentation, and consumer protection strategiesSupporting the development, evaluation, and testing of digital asset risk assessment frameworks, controls, and standardsFormulating agent-based models, micro-simulations, scenario analyses, and stress tests to explore market outcomes driven by participant behavior, incentive structures, and protocol designTranslating policy, regulatory, and supervisory directives into computational rules, model constraints, and measurable indicatorsModeling and simulating contagion dynamics in digital asset markets, including stablecoin stress events, liquidity shocks, runs, deleveraging, interconnections across platforms and protocols, and feedback effects between on-chain and off-chain marketsAnalyzing drivers of instability such as concentration, manipulation, reflexive trading behavior, and liquidity pool dynamicsIntegrating on-chain, off-chain, transactional, and market-structure data to support empirical analysis and model developmentValidating model outputs using backtesting, calibration, sensitivity analysis, benchmark comparison, and expert reviewPresenting findings in clear, intuitive, and actionable ways for technical and non-technical audiencesSupporting projects across the full lifecycle, including concept development, requirements definition, data acquisition, model development, integration, validation, and stakeholder engagementBasic Qualifications:Bachelor Degree in quantitative discipline such as Data Science, Operations Research, Mathematics, Statistics, Complex Systems Modeling, Computational Social Science; with significant experience in one or more of the following disciplines: game theory, experimental economics, behavioral economics, micro/macroeconomics, finance, financial engineering, web networking, software engineering, distributed computing.Minimum 5 years of experience with a bachelor’s degree, or 3 years with a Master’s degree, or a PhD with relevant hands-on experience with decentralized banking ecosystem.Willingness to adapt, learn new methods, and contribute across a range of sponsor-driven problem sets in digital asset markets, financial systems, and emerging risk analysis.Experience developing research questions, problem statements, testing hypotheses, evaluating outcomes/impacts and/or working in open-ended analytical environments.Familiarity with computational modeling, simulation, statistical analysis, or applied quantitative research.Ability to work collaboratively with government sponsors and multidisciplinary teams to understand complex challenges and evaluate solution options.Strong written and verbal communication skills, including the ability to convey technical findings in an intuitive, actionable manner that can be understood by all audiences, regardless of technical expertise.Ability to take initiative, work independently, and be a collaborative teammate.This position requires a minimum of 3 days on site each week.Preferred Qualifications: PhD in quantitative discipline such as Data Science, Operations Research, Mathematics, Statistics, Complex Systems Modeling, Computational Social Science; with significant experience in one or more of the following disciplines: game theory, experimental economics, behavioral economics, micro/macroeconomics, finance, financial engineering, web networking, software engineering, distributed computing.Prior experience in conducting agent-based modeling, micro-simulation, or market simulation.Expertise in financial contagion modeling, stress testing, or systemic risk analysis.Some familiarity with market microstructure and its function.Prior experience analyzing and interacting with blockchain ecosystems, DeFi protocols, and stablecoins.Prior experience with market surveillance, anomaly detection, or empirical market microstructure research.Expertise in translating policy or regulatory concepts into analytical or computational frameworks.Technical publication in scientific, financial, or digital asset-related venues.This requisition requires the candidate to have a minimum of the following clearance(s):Top SecretThis requisition requires the hired candidate to have or obtain, within one year from the date of hire, the following clearance(s):Top SecretSalary compensation range and midpoint:$124,400 - $155,500 - $186,600 AnnualWork Location Type:OnsiteIt is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.Commitment to Non-DiscriminationAll qualified applicants will receive consideration for employment without regard to disability, status as a protected veteran or any other status protected by applicable federal, state, local or international law.MITRE intends to maintain a website that is fully accessible to all individuals. If you are unable to search or apply for jobs and would like to request a reasonable accommodation for any part of MITRE’s employment process, please email View email address on us.fitly.work for general support and View email address on us.fitly.work for intern positions. This service is for individuals requiring reasonable accommodation requests. Please note that vendor solicitations will not receive a reply.Benefits information may be found here.Copyright 1997-2026, The MITRE Corporation. All rights reserved. MITRE is a registered trademark of The MITRE Corporation. Material on this site may be copied and distributed with permission only.Job SummaryJob number: R116418Profession: Engineering