Full job description Job Description - Quantitative Model Validation (240000C1)
Job Number: 240000C1
Requisition Title : Quantitative Model Validation
Description :
Your team responsibilities The Financial Engineering Team is responsible for developing and implementing the validation processes and procedures for industry adopted financial instrument pricing, statistics, stress tests, reporting and portfolio construction. Our goal is to ensure the highest-level quality and the fastest time to market in the industry for financial products. This is an exciting role that lies on the cusp of finance and technology. As a key member of this team, the candidate will have direct responsibilities for ensuring that MSCI market-leading analytics continue to provide clients exceptional analytics quality and sophistication. The members of the Financial Engineering team work on complex issues where analysis is required to determine the root source of problems and associated factors. The job offers a unique opportunity to gain a deep understanding of financial risk management and mathematical optimization in the framework of portfolio construction. The candidate must be detail-oriented and capable to coordinate multi-task assignments in a timely and independent fashion.
What we offer you Salary range: $76,000 - $99,000 / year plus eligible for annual bonus At MSCI we are passionate about what we do, and we are inspired by our purpose – to power better investment decisions. You'll be part of an industry-leading network of creative, curious, and entrepreneurial pioneers. This is a space where you can challenge yourself, set new standards and perform beyond expectations for yourself, our clients, and our industry. Wherever you are located you will find benefits that can help ensure your health and financial security. While they vary by different locations, we offer a broad range of benefits that are part of the value you receive as an MSCI employee. Our flexible ways of working will allow you to maximize your potential, and we will empower you with the trust, accountability, and advanced technology to perform at your very best. You'll find a purposeful approach to wellbeing to provide you with all the resources you need to be your best at work and in your personal life. Our 'Here For You' Employee Assistance Program is available for our employees globally, providing confidential emotional support, financial and legal advice free of charge. Your key responsibilities Support implementation of new features for MSCI's Risk and Portfolio optimization solutions Pricing and risk models for exotic derivatives, fixed income asset classes, credit derivatives and securitized products, portfolio optimization Portfolio level risk analysis, VaR methodology Automation framework, built with state-of-the-art technologies, for validation of the models The candidate will also have responsibilities on a daily basis to a range of areas: Develop and extend independent validation tools which are used to ensure accuracy for all numbers produced by our analytics engines Analyze and extend the analytics regression tests to ensure the complete and efficient coverage for all analytics engine statistics and asset types Work with the Research and Analytics Development teams to evaluate manual and regression test differences, check requirements and extend test case coverage Ensure that all daily test processes are completed successfully and resolve problems with the assistance of the research and development teams Your skills and experience that will help you excel Master's degree or PhD with focus in finance, quantitative finance, financial mathematics, mathematics, physics, statistics, operations research, or another quantitative field is a plus Strong motivation to learn about financial markets Experiences in analytics field, mathematical optimization, securitized product, risk management or derivatives pricing is a plus Strong written and oral proficiency in English Interest working in an environment that combines finance and technology Strong sense of ownership with projects Willing to work in a global team environment Experience with a programming language (e.g. Matlab, Python, R, C++, C#) How we'll support you Our culture of high performance and innovation relies on our people sharing their knowledge and lifting each other up. You'll be surrounded by a collaborative, global network of talented colleagues who will support and inspire you to do the best work of your career. We believe new and challenging experiences drive personal growth and innovation. With the right challenges, encouragement, and development support you can shape your own career experience. Career paths are multi-directional, and we encourage and support internal mobility to help you identify new opportunities to progress and take control of your future. As a new joiner you'll be enrolled on our Global Orientation interactive learning experience to set you up for success. Our tailored learning opportunities will enable you to acquire the skills you need at your own pace, choosing between the courses and certifications best suited to you. Our platform coupled with access to LinkedIn Learning Pro will provide you with all the resources you need to accelerate your professional growth. At MSCI we act in ways that encourage respect for all voices, ensuring that everyone can be themselves and feel like they are a part of the company. We are intentional about ensuring that everyone is treated fairly and supported with equal opportunities to succeed. We have eight MSCI Employee Resource Groups: All Abilities, Asian Support Network, Black Leadership Network, Climate Action Network, Hola! MSCI, Pride & Allies, Women in Tech, and Women's Leadership Forum. About MSCI MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data, and technology, we power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. We create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.
To all recruitment agencies MSCI does not accept unsolicited CVs/Resumes. Please do not forward CVs/Resumes to any MSCI employee, location, or website. MSCI is not responsible for any fees related to unsolicited CVs/Resumes.
MSCI Inc. is an equal opportunity employer committed to diversifying its workforce. It is the policy of the firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, gender, gender identity, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy (including unlawful discrimination on the basis of a legally protected parental leave), veteran status, or any other characteristic protected by law. MSCI is also committed to working with and providing reasonable accommodations to individuals with disabilities. If you are an individual with a disability and would like to request a reasonable accommodation for any part of the application process, please email and indicate the specifics of the assistance needed. Please note, this e-mail is intended only for individuals who are requesting a reasonable workplace accommodation; it is not intended for other inquiries.
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Job : Research
Primary Location : United States of America-Oklahoma-Norman
Job Profile : Associate
Time Type : Full Time
Department : Research
Job Posting : Apr 4, 2024, 11:00:00 AM
