Quantitative Analyst

Position Details:
Client: Banking
Job Title: Senior Quant Developer / Quantitative Modeler
Location: Hybrid role in Charlotte, NC 28202 (3 day onsite)
Schedule: Mon-Fri: Basic Business hours
Duration: 12 Months + Possible Extension
Start Date: ASAP - Apply Now !
Pay-range: 75-80/hr

Job Description:

• This appears to be a Bank - Quantitative Analytics Specialist 4 (Contingent) opening focused on Counterparty Credit Risk (CCR) modeling, specifically cross-margin methodology development within Capital Markets.

Role Focus Area:

• Counterparty Credit Risk modeling (not pricing models)


• Cross-margin methodologies in prime brokerage/derivatives businesses


• Quantitative model development and enhancement


• Heavy Python development


• Market risk modeling (VaR) without CCR exposure.


• Pricing model development without margin methodology experience.


• Pure Python development without quantitative finance.


• Data science backgrounds lacking derivatives knowledge.

Skill Weighting (Very Important):

1.Cross-Margin Expertise 50%

• Prime Brokerage margin methodologies


• Cross-product margin offsets


• Clearing/CCP margin concepts


• Counterparty exposure management

2. Mathematics & Quantitative Modeling 30%

• Probability & Statistics


• Stochastic Processes


• Analytical formula derivation


• Model validation and gap analysis

3. Programming 20%

• Python (expert)


• SQL


• AI coding tools (GitHub Copilot or similar)

Additional Details:

• 5+ years in quantitative analytics


• Counterparty Credit Risk experience


• Prime Brokerage or Clearing experience


• Cross-margin methodology knowledge


• Advanced Python development skill


• Strong mathematical background (Statistics, Stochastic Calculus, Financial Engineering)


• Experience with exposure models (PFE/EPE/EAD)

Note: The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan, life insurance, long-term disability insurance, short-term disability insurance, paid parking/public transportation, (paid time , paid sick and safe time , hours of paid vacation time, weeks of paid parental leave, paid holidays annually - AS Applicable)