The Principal, Quantitative Risk Management will lead project development, implementation, testing and maintenance of models used for margin, clearing funds and stress testing. This role will work closely with risk managers in Financial Risk Management and partners in other areas.
Requirements
- Lead, support and review development and implementation of models for pricing, margin risk and stress testing of financial products and derivatives
- Provide analysis of new products and support their implementation at OCC
- Research and present model alternatives based on academic literature, industry best practices, data analysis and model prototyping
- Develop standards, procedures and tools for model performance monitoring and communicate results to peers and leadership
- Provide intellectual leadership promoting innovation and learning
- Participate in troubleshooting and analysis of model, system and data issues
- Lead remediation of Model Validation or regulatory findings
Benefits
- Tuition Reimbursement
- Student Loan Repayment Assistance
- Technology Stipend
- Generous PTO and Parental leave
- 401k Employer Match
- Competitive health benefits including medical, dental and vision
