Quantitative Model Risk Developer – CFA/FRM
Would you like to be part of a dynamic risk management team supporting innovative financial models? Apply Now!
Working with one of our top financial clients, this role calls for a Quantitative Model Risk Developer – CFA/FRM.
Pay rate range (CAD): $57.42/hr – $68.90/hr
Responsibilities
- Create, oversee, and track model implementation testing requirements and artifacts for equities derivatives pricing models
- Support integration with input models (curves) and downstream risk models (VaR, FRTB, Counterparty Credit Risk)
- Develop and own the model implementation test strategy and facilitate end-to-end test phases
- Generate detailed test cases and plans based on testing requirements, providing analyses and recommendations
- Communicate testing progress, issues, and findings to senior management and stakeholders
- Identify and escalate issues promptly to ensure timely resolution
- Build and maintain strong stakeholder relationships and foster collaboration
- Maintain high levels of organization and productivity amid challenges and changing priorities
- Contribute to team efforts to deliver high-quality, innovative solutions
Desired Skill-Set
- Experience with Market Risk, Credit Risk, and derivatives pricing models
- Proficiency in industry-standard programming languages such as Python for data and statistical analysis
- Prior experience in business requirements gathering, data analysis, modelling, testing, and documentation within financial or IT sectors
- Bachelor's degree in financial engineering or a strongly quantitative field (graduate degree preferred)
- Strong communication skills (both written and verbal)
- Excellent interpersonal skills and ability to develop stakeholder relationships
- Self-motivated, organized, detail-oriented, adaptable, and able to work independently or as part of a team
- Ability to articulate complex financial concepts clearly and obtain necessary clarifications
Nice to Have
- CFA or FRM certifications
- Quantitative modelling experience at a large financial institution
BeachHead is an equal opportunity agency and employer. We advocate for our candidates and welcome applicants regardless of race, color, religion, national origin, sex, age, or physical or mental disability. BeachHead or our clients may use technology-enabled tools, including automation and artificial intelligence (AI), to support parts of the recruitment process such as resume screening, application management, and candidate matching. These tools assist our recruiters and our clients, and do not replace human decision-making. This job posting represents a current or anticipated vacancy. The position may be filled at any time, and the posting may be removed without notice once the role has been filled.