New

Quantitative Model Developer

TEKsystems
$80.00 - $120.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Virginia, Reston
Nov 19, 2024
Role: Financial Markets/Credit Model Developer Job Description * This is a financial markets / credit model developer - validation type of quants who aren't interested in coding but may want to do academic reviews and create reports off of those * Must have experience developing complex Behavioral Models & Credit Models experience within large banks or credit card companies * Candidates need to have experience with as many financial models as possible. Credit risk and market risk specifically * Would take a good model developer who has validation experience as well * Fine if they have a PhD, also fine if they don't have one * Deeper model development experience would be helpful - model validation experience is fine, but depends where they were doing it at * Looking for someone who can reverse engineer what someone else did - in their mind, break down what they did from a model perspective and work backwards * Sr management takes their reporting seriously and story boarding is an important part of that process * Experience within a large banking or credit card company is required * Need experience developing in house models. Additional Skills & Qualifications * Rebuilding existing systems so it has enhanced workflows and meets new criteria * Support for the technology system itself * Reporting staffing team as well - need to design new reports and support the new format that will be coming out * Building workflows over the next year and if the enterprise likes it, maintain the system for the next couple years, if the enterprise doesn't like it, they will make a new system and while they are building that system, use the system they are building soon Employee Value Proposition (EVP) Long term project. This need will exist for 3-5 years. Work Environment fully remote Why is the position open(provide details) Revamping the entire system as part of an enterprise wide initiative to transform model governance - anticipate a significant amount of work within the next 3-5 years -- o Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.