Quant Analyst - Analytics / P&L for Libor project - Model Validation
A F/T position at a Global investments company providing financial services for institutions, corporations or individual investors in 35 countries and more than 100 markets.
Pay Options: w2.
Contact Jason Vu. call (646)876-9536 / (212)616-4800 ext.290 or email email@example.com with the Job Code JV34061 or Click the Apply Now button ().
Location: Financial District.
Skills required for the position: Business Analyst, ANALYTICS, MODEL VALIDATION.
Detailed Info: To do work as a business analyst testing the P&L Process. This is not a developer role. It's an analytics / quant type role. Curve construction, P& L Processes, testing. Sit shoulder to shoulder (initially remote - but later right next to) Ops people and the P&L staff. The role is testing the models.
Its part of a Libor replacement project. Libor is going away and they are replacing it with new models. Libor is interest rates. It was a common interest rate that all financial entities shared for repos (overnight borrowing)
Libor replacement models. Curve Construction and P&L Profit and loss processes .tested against the new Libor replacement. -Interest rate models or ask people if they know curve Construction thats the most important thing.
Development/Computing Environment: know analytics, especially model validation. Curve Construction and P&L processes..
The position offers competitive compensation package.
Job Id: 34061