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Quantitative Developer / Market Risk

Posted yesterday

motion recruitmentJersey City (NJ)

SENIORITY

Senior

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About the role

Quantitative Developer / Market RiskGrow your career as a Quantitative Developer / Market Risk with an innovative global bank in Jersey City, NJ. Contract role with strong possibility of extension. Will require working a hybrid schedule 3 days onsite per week. Join one of the world's most renowned global banks and trusted brand with over 200 years of continuously evolving financial services worldwide. You will work alongside some of the smartest minds in the industry who are excited to share their knowledge and to learn from you.
Contract Duration: 5+ Months Required Skills & Experience
A degree in a highly technical field such as Computer Science or Quantitative Finance.10+ years of professional experience with a proven track record of designing and building applications for massive-scale, high-performance compute (HPC) grids. Deep domain knowledge in Capital Markets, financial derivatives, and a strong understanding of financial regulations like FRTB.Expert-level experience with job scheduling, resource management, and workload optimization techniques (task packing, prioritization) on large-scale grids. Deep expertise in building event-driven architectures and handling asynchronous notifications and replies from distributed systems. Proven experience designing and building intelligent monitoring tools, ideally leveraging ML for anomaly detection and performance tuning. Expert-level experience managing workloads in a hybrid cloud environment, with deep knowledge of at least one major public cloud (AWS, GCP) and on-premise grid technologies. Deep expertise in containerization, orchestration, and scheduling technologies (Docker, Kubernetes).Prior experience in a similar role within the financial industry, specifically working on quantitative pricing platforms, large-scale risk calculations, or XVA grids. Strong programming skills in languages common to high-performance and quantitative computing, such as C++ and Python. Proven ability to debug complex pricing and model-related issues by partnering directly with quantitative analysts.
What You Will Be Doing:
  • Architect and build a next-generation, hybrid-cloud platform for running quantitative pricing calculations at massive scale.
  • Design a sophisticated job orchestration and scheduling system that handles dynamic prioritization, efficient task packing, and resource optimization across the grid.
  • Engineer a robust, event-driven framework for managing the entire job lifecycle, including handling notifications for job completion and managing the flow of result data from the grid.
  • Develop a comprehensive error-handling and resiliency strategy to gracefully manage failures in a large-scale distributed environment.
  • Pioneer the development of an intelligent monitoring platform using ML to perform anomaly detection, predict job failures, and optimize grid performance.
  • Engineer the secure and efficient data logistics required to move terabytes of market and trade data between on-premise systems and public cloud environments.
  • Partner closely with front-office quants to onboard, version, and optimize their C++ and Python pricing models for distributed computation.
  • You will receive the following benefits:
  • Medical Insurance - Four medical plans to choose from for you and your family
  • Dental & Orthodontia Benefits
  • Vision Benefits
  • Health Savings Account (HSA)
  • Health and Dependent Care Flexible Spending Accounts
  • Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
  • Hospital Indemnity Insurance 401(k) including match with pre and post-tax options
Paid Sick Time LeaveLegal and Identity Protection PlansPre-tax Commuter Benefit529 College Saver PlanMotion Recruitment Partners (MRP) is an Equal Opportunity Employer. All applicants must be currently authorized to work on a full-time basis in the country for which they are applying, and no sponsorship is currently available. Employment is subject to the successful completion of a pre-employment screening. Accommodation will be provided in all parts of the hiring process as required under MRP's Employment Accommodation policy. Applicants need to make their needs known in advance.
Specialization: Java

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