Quantitative Financial Analyst

The Quantitative Financial Analyst (QFA) is responsible for helping to design and test various financial models that Clearwater develops. This role has significant exposure to a wide array of financial products and quantitative modeling techniques in all asset classes, risk metrics, amortization and performance models. Includes access to back office pricing systems and validation libraries designed for benchmarking and model testing. This role researches various financial models and proposes the best solutions. Communicates and coordinates results with impacted departments.

Responsibilities:

·         Researches and develops mathematical models for advanced financial calculations.

·         Develops, maintains and executes test plans for financial models.

·         Researches and analyzes various data to determine proper inputs for financial models.

·         Performs hands-on testing of new financial products or enhancements to existing products.

·         Defines complex scenarios and variations in data to adequately test the functionality.

·         Monitors and investigates the automated test results.

·         Submits defects in defect tracking system and retests and verifies these defects once they are fixed.

·         Interacts with other Financial Subject Matter Experts (SMEs) and development teams to identify and refine requirements.

·         Reviews and provides feedback on requirements, design, and scope documents.

·         May assist with education and training regarding enhancements or newly created financial models. 

·         none for level

·         Regularly assists developers in analyzing unexpected regressions for a code change

·         Understands the data model for their domain, including the data consumed and produced by the code base

·         Successfully works with other teams to validate cross team changes

·         Builds productive internal/external working relationships

·         Verifies code changes that impact calculation methodologies within the projects that they are working on

·         Successfully and consistently performs Acceptance testing where appropriate

·         Regularly stays abreast of industry changes to their domain

·         Researches new calculations and collaborates with SDEs to implement calculations effectively in code independently

·         Is proactive in creating internal communication about calculation methodology

·         Participates in client conversations related to their domain

·         Participates in design process for features to provide computational considerations for feature development

·         Collaborates effectively with a variety of stakeholders across teams/departments

·         Understands how a change can have adverse downstream impacts and proactively prevents problems

·         Leads client conversations in their domain

·         Regularly stays abreast of industry changes to their domain and continues to expand breadth in domain

·         Identifies opportunities for product expansion in their domain

·         Mentors more junior members of the team in research and calculation expertise

·         Produces white papers about Clearwater solutions in their domain

Requirements:   

·         Finance, Economics, Engineering, Mathematics or similar degree or at least 3 years of applicable experience 

·         Extremely strong quantitative skills and advanced mathematics 

·         Strong communication skills 

·         Must be authorized to work in the U.S. for any employer 

Desired Experience or Skills:                                               

·         Experience in Fixed Income Securities and Risk Analytics including cash flow analysis, OAS, and numerical methods 

·         SQL/Database experience 

·         Experience with Stochastic Modeling of Financial Markets 

·         Experience in Derivatives Pricing Models and Computing Implied Volatility

What we offer:

• Business casual atmosphere in a flexible working environment 

• Team focused culture that promotes innovation and ownership 

• Access cutting edge investment reporting technology and expertise

• Defined and undefined career pathways allowing you to grow your own way 

• Competitive medical, dental, vision, and life insurance benefits

• Maternity and paternity leave 

• Personal Time Off and Volunteer Time Off to give back to the community

• RSUs as well as employee stock purchase plan and 401k with match  

• Work from anywhere 3 weeks out of the year 

• Work from home Fridays