Our hot jot of the week is Head of Asset Liability Management (ALM) Credit Quantitative Risk. You’ll be at the Managing Director level and working for a firm that’s already a dominant presence in the global financial sector.
Posted by GQR Global Markets, the international trading, investment, research and technology search firm, this position reportedly pays up to $400,000 base, plus a very competitive cash bonus, and potential equity reward. That’s pretty hot.
It’s also located in New York. This is a very senior position at an incredibly successful firm.
In keeping with the firm’s high performance within quantitative risk, ALM, insurance and pensions, they’re looking for someone who is extremely experienced and hands-on to continue the build out of their highly technical quantitative risk models.
With the changing array of regulations within credit risk and enterprise risk such as Dodd Frank, Volcker Rule, Basel III, you’ll need to provide quantitative risk modeling and thorough understanding of how these regulatory aspects impact risk.
Expectations are going to be high. Your role will include using extensive Asset Liability Management (ALM) practical knowledge to expand the existing, current and new quant risk models across the organization, plus:
- This is a technical and hands on role working extensively across credit risk, enterprise risk, risk adjustment, ALM and risk modeling.
- You’ll have to provide exposure building quantitative risk models for pricing of securities and financial derivatives.
Therefore, you shouldn’t be surprised the requirements are quite. For example, you’ll need at least a Ph.D. in a quantitative subject; 15-20 years financial professional experience within credit risk, or ALM or insurance or pensions; hands on and very deep technical understanding of credit risk and ALM above all else.
It also wouldn’t hurt to have experience in leading teams or wider quantitative risk related business areas; have a strong business acumen and ability to communicate with both senior and junior quant’s.
Think you fit the bill? Go here.