EY is seeking a Valuation Specialist to join its Assurance Valuation team. This role involves reviewing and evaluating the valuation of complex financial instruments, including derivatives, for audit purposes. It presents an opportunity to grow within a leading firm through diverse engagements, mentoring, and continuous learning.
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Market Risk + Counterparty Credit Risk Management – SME
We are seeking a seasoned Traded Risk Practice Leader to drive growth, delivery excellence, and capability development across Market Risk and Counterparty Credit Risk (CCR) domains. The role blends domain leadership with business growth responsibilities which include shaping strategy, strengthening client relationships and expanding the firm’s Traded Risk franchise across global financial institutions.
Head of Market and External Managers Risk, P4
Under the overall supervision of the Chief, the incumbent will perform the following duties: 1) Contributing to Asset-Liability management within a pension fund context and strategic asset allocation exercises. 2) Providing independent oversight on tactical asset allocation and risk distribution across internal investment teams and external asset managers through a robust risk budgeting framework, without direct involvement in front office decision-making. 3) Analysis of risk for public market asset classes (fixed income, equities, currencies) 4) Create, prepare on a regular basis and analyze risk reports. 5) Monitor and identify risk, interpret reports and formulate risk reduction in accordance with OIM goals. 6) Perform risk-related due diligence and monitoring of external asset managers in public asset classes. 7) Model and integrate risk statistics by conducting research on macroeconomic factors and risk metrics reports to provide quantitative inputs on various investment proposals and existing portfolios of investments. 8) Conduct quantitative analysis of the Fund’s assets for the effectiveness and use of indexed tools and derivatives instruments for hedging equity, currency, duration, interest rate, and other risks. 9) Functional owner of the risk data management database and conduct independent risk calculations. 10) Develop and deliver an assessment of portfolio risks of both internally and externally managed investments. 11) Monitor market and external manager risks. 12) Represent the Fund at inter-agency meetings, seminars, etc., on substantive relative issues as instructed by Senior risk officer or the Chief, Risk and Compliance. Participate in international, regional or national meetings and provide programmatic/substantive expertise on Portfolio Risk Analysis and Attribution, or holds programmatic/substantive and organizational discussions with representatives of other institutions. 13) Collects and analyzes data to identify trends or patterns and provide insights through graphs, charts, tables and reports using data visualization methods to enable data-driven planning, decision-making, presentation and reporting. 14) Carries out other tasks as may be assigned by Senior risk officer or Chief Risk and Compliance Officer.
Portfolio and Quantitative Analytics Analyst – Lazard Wealth
Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.
Lazard Wealth (LW), LAM’s wealth management business, collaborates with our clients to help solve and simplify the complexities of wealth, while delivering sophisticated investment solutions and advice. We combine years of history and experience to help preserve and grow our clients’ wealth across generations. The principal areas of focus with clients are strategic advice and planning, investment management and direct private investments. Working in partnership with families, we customize an investment process that meets their specific needs.
We are seeking a Portfolio & Quantitative Analytics Analyst to play a critical role in supporting and overseeing risk management functions within our firm. You will be responsible for developing and implementing effective risk management strategies, models, reports, and procedures across client portfolios, market research, and technology solutions.
We’ll trust you to:
- Utilize and assist in the development and maintenance of risk models and tools to identify and monitor portfolio risk factors, stress test portfolios, and ensure compliance with risk management guidelines.
- Proactively monitor market conditions and perform scenario analysis to assess potential impacts on portfolio risk exposures and recommend necessary adjustments.
- Observe and contribute to portfolio and investment decisions; contribute to the development of investment strategies, asset allocation models, and risk management frameworks, incorporating quantitative research insights.
- Become proficient in statistical techniques and quantitative models to assess portfolio and investment risk, estimate potential returns, and optimize portfolio construction in order to deliver performance attribution analysis, factor-based exposures, and portfolio optimization.
- Stay updated on the latest industry trends and research advancements in risk management, quantitative analysis, and portfolio construction methodologies.
- Collaborate with other groups within the Firm to offer quantitative support and industry specific input.
- Support the Investment Team with quantitative research and analysis of investment opportunities across various asset classes, including equities, fixed income, and alternative investments with a strong focus on risk management and portfolio construction.
- Evaluate and implement risk management techniques, such as hedging strategies, derivatives, and asset allocation adjustments to mitigate portfolio risks and enhance risk-adjusted returns.
You’ll need to have:
- 3-5 years’ experience in a risk management, analytical, or quantitative role, particularly within the asset allocator and wealth management space.
- A Bachelor’s degree in finance, economics, mathematics, statistics, or a related field. Advanced degree (e.g., MBA, MSc) with a focus on quantitative finance or risk management is preferred.
- Understanding of risk management principles, quantitative modeling techniques, and statistical analysis.
- Experience using programming languages such as R and MATLAB for quantitative research, data analysis, model implementation and creation of interactive dashboards.
- Proven experience in MATLAB programming and software development.
- Ability to prioritize and manage multiple tasks and projects effectively.
- Ability to access, manipulate, and clean large data sets from various databases and sources.
- Experience with risk modeling software, quantitative analytics platforms, and market data providers (e.g. Bloomberg).
- Familiarity with risk measurement methodologies (e.g., VaR, stress testing, factor analysis) and risk management frameworks (e.g., risk budgeting, risk-adjusted performance metrics).
- Baseline knowledge of financial derivatives, options pricing models, and portfolio optimization techniques.
- Excellent problem-solving and critical-thinking skills, with the ability to analyze complex data sets and draw meaningful insights.
- Strong communication and presentation skills, with the ability to explain quantitative concepts to non-technical stakeholders.
- A strong interest in working on a wide range of problems related to diverse asset classes and investment strategies. Understanding or interest in learning about alternative asset classes.
- Professional certifications such as FRM, CQF, or CFA are desirable.
VP- Digital Value Creation-TAS India
Houlihan Lokey, Inc. (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Houlihan Lokey serves corporations, institutions, and governments worldwide with offices in the Americas, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. The firm is the No. 1 investment bank for all global M&A transactions for the past two years, the No. 1 M&A advisor for the past 10 years in the U.S., the No. 1 global restructuring advisor for the past 11 years, and the No. 1 global M&A fairness opinion advisor over the past 25 years, all based on number of transactions and according to data provided by LSEG.
Financial and Valuation Advisory
Over the past 40 years, Houlihan Lokey has established one of the largest worldwide financial and valuation advisory practices. Our transaction expertise, leadership in the field of valuation, and objective approach to independent due diligence advice inspire confidence in the financial executives, boards of directors, special committees, retained counsel, investors, and business owners we serve. In 2020, Refinitiv (formerly known as Thomson Reuters) ranked us the No. 1 U.S. M&A fairness opinion advisor over the past 20 years. Our stability, integrity, technical leadership, and global capabilities make us a trusted advisor for clients worldwide across a wide range of services, including the Transaction Opinions, Transaction Advisory Services, Corporate Valuation Advisory Services, Portfolio Valuation and Fund Advisory Services, Real Estate Valuation and Advisory Services, and Dispute Resolution Consulting practices.
Transaction Advisory Services
Houlihan Lokey’s Transaction Advisory Services (TAS) practice assists private equity and corporate clients with financial, IT and tax due diligence, business analytics, and technical accounting matters associated with corporate mergers, divestitures, and acquisitions (M&A). Drawing on Houlihan Lokey’s market leadership in middle-market M&A transactions, our due diligence experts provide candid, unbiased, and rigorous support on matters most impacting deal value, and assist investors in identifying and evaluating key value drivers and risk factors.
TAS India
TAS India covers Financial due diligence, Accounting and financial reporting and Digital value creation services. We have a highly integrated ‘one-team’ working model where TAS India team members are fully embedded into an engagement lifecycle – from client pitch to client discussions through closure. They have similar exposure to project complexities and client situations as their counterparts in the global TAS teams, and work in similar ownership and accountability construct. With a strong industry orientation and innovation-focused environment, we offer a unique proposition comprising best-in-class functional, industry and technology competencies along with an exposure to global M&A markets.
Job Description
TAS is seeking talented professionals to join our fast-growing Digital Value Creation group (DVC) at the Vice President level. DVC provides our clients value-creating insights from vast market, operational, and financial data. DVC professionals work closely with HL due diligence, valuation and investment banking teams alongside clients’ deal and operating teams. As a professional in the group, you will be teamed with highly talented and dedicated M&A professionals in various industry groups including Industrials, Consumer, Technology, Business Services and Financial Services. This opportunity provides you broad exposure to different transactional issues affecting businesses in an M&A environment.
This is a unique opportunity for someone with proficiency in data analytics along with experience in applying data analytics techniques to financial and operational analyses that is fundamental to an M&A process. DVC provides you ample exposure to the M&A and corporate finance industry and capital markets. You will further develop and extend your data analytics knowledge, and hone your interpersonal skills as you deliver valuable insights that derive transaction and strategic decision making for internal and external stakeholders.
Responsibilities
• Participate in buy-side and sell-side M&A engagements and data-focused operational reporting engagements
• Lead engagements or substantial workstreams within an engagement, taking ownership of the execution, quality and timeliness of deliverable to clients
• Day-to-day project management, ensuring progress in line with project plan and effective resource management; resolving bottlenecks and complex questions; identifying risks and delays; reporting and escalating issues as required; tracking budgets; etc.
• Communicate directly and effectively with senior business executives and internal stakeholders, providing project updates, discussing questions and bottlenecks, and sharing points of view and recommendations as defined within project scope
• Gather, evaluate, sanitize, and organize applicable meta data
• Prepare data workflows to clean and combine data from multiple sources
• Prepare data visualizations and dashboards to deliver key insights
• Generate insights on the drivers of business growth, profitability, and liquidity, and story-board key findings into a structured and comprehensible report
• Identify key business risks and opportunities impacting business valuation
• Be willing to learn and train peers on data analysis and visualization tools
• Continuously develop industry knowledge and qualifications
• Be able to work on and lead multiple assignments simultaneously
• Support and actively participate in business development efforts
• Review the work of junior team members, ensuring desired quality and insights, and providing timely feedback for their continuous learning
• Manage a team of 2-3 Analysts and/or Associates, being responsible for their learning and professional development
Basic (must-have) Qualifications
• Bachelor’s degree in technology / computer science / accounting / finance or quantitative finance, or similar (with concentration in data analytics or another quantitative field)
• Experience in financial analytics based on sound understanding of financial statements like Profit & Loss and Balance sheet and ability to analyze financial and operating performance of a company
• Hands-on experience in working on one of the data wrangling / ETL tool i.e. Alteryx, Dataiku etc.
• Sound knowledge of and experience in data visualization tools, either Tableau or Power BI
• Strong command of advanced Microsoft Excel functions, PowerPivot, Power Query, etc.
• Experience working in a global organization across different time zones, managing both internal and external stakeholders
• Team management experience, covering role expectations, learning and development, and performance management
• Exceptional work ethic, high motivation, and a demonstrated ability and desire to work cooperatively with team members and client professionals
• Strong analytical abilities
• Exceptional verbal and written communication skills
• A demonstrated ability to work cooperatively and be a team player
Preferred (good-to-have) Qualifications
• Post graduate degree or diploma, or certification in any of the above fields of study or business administration (for instance MBA, CFA, CQF etc.)
• Experience in M&A and financial consulting areas such as Financial due diligence, Valuation, Financial Planning & Analysis will be a strong advantage
• Strong command of at least one programming language Python, R, VBA
• Prior work experience in relational database management systems (including experience in SQL Server, Snowflake, or similar)
Group Strategic Analytics – Quantitative Strategist – Market Risk Strats – Associate
Role Description
- The Strategic Production and Analytics of Risk function within Group Strategic Analytics is principally responsible for daily analysis and control of various market risk metrics onboarded to bank’s strategic platforms.
- The role involves analysis of various market risk metrics including VaR / SVaR, Economic Capital, Market Risk CCAR, Capital charges under Standardized Approach, IMA Approach (Default Risk Charge and Risk Theoretical PnL) and Credit Valuation Adjustment (CVA) under FRTB regulations.
- You will work with Market Risk Managers, FO Quants, Risk Methodology experts to enable accurate risk measurement and help set up processes for BAU implementation.
- This role also involves performing controls and checks to ensure completeness and accuracy of risk metric. The role requires application of qualitative and quantitative techniques to analyse the data and a deep understanding of Market Risk Regulation.
Group Strategic Analytics
- Analytics and technology are seen as central to all the main units of the bank, including Investment Bank, Corporate Bank and to Risk and Control functions. The Strategic Analytics team combines expertise in quantitative analytics, modelling, pricing and risk management with deep understanding of system architecture and programming.
- The primary output is a scalable and flexible Front Office pricing and risk management system with consistent interface to both the Middle Office and Back Office. The consistency in analytics and the technology platform ensures that no arbitrage can exist between various parts of the Bank as well as rational allocation of constrained resources, including risk budget, balance sheet, funding, and capital.
Our People
Our people are outstanding individuals with agile minds, from a diverse range of backgrounds and cultures. They generate fresh ideas and innovative solutions which set us apart from our competitors and add value to our clients.
What we’ll offer you
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Your key responsibilities
- Run all production process and controls to check completeness, accuracy and timeliness for Market risk metrics like VaR/SVaR, Economic Capital, FRTB CVA, FRTB SA and FRTB IMA (DRC and RTPL) numbers.
- Finalize the market risk metric in scope and explain drivers of moves including support with complex analysis, evaluation and decision making.
- Identify and remediate exceptions that are raised during metric calculations – both at individual Asset Class level and at DB Group level
- Provide analytical support to Risk Managers and FO Strats to facilitate risk management / improve risk management models / drive business decisions.
- Contribute to methodological enhancements, including quantitative impact analysis. Applying experience and subject matter expertise to perform Run-the-bank tasks such as market risk capital charge impact analysis for methodology, continuous improvement of processes and controls.
- Liaising with Market Risk Managers, FO Quants, Change teams and Methodology to perform deep dives on data challenges in new market risk models/methodology changes/RNIV and implementation of new regulations
- Prepare for model governance and Regulatory review process
- Help specify requirements and test functionalities for seamless implementation of new workflow/data/process enhancements – coordinating with Strats, FO and Risk Technology
Your skills and experience
- A strong, relevant background and 5 years of experience working in an international Bank or comparable experience
- Good product knowledge of derivatives and pricing in at least one asset class – Equity, Credit, Rates, FX, Commodities or in Counterparty Credit risk.
- Market risk, Middle office, Valuations or Product control background with relevant subject matter expertise in one of the three disciplines
- Understanding of FRTB regulations, or experience in other Market Risk Regulatory areas
- MFE/MBA in Finance or relevant experience with Engineering, Finance or quantitative/statistics background
- Knowledge of languages such as R / Python / SQL.
- Excellent communication skills and attention to detail
- Strong analytical, problem solving and critical thinking skills with ability to cope well under pressure and tight timelines
- A track record of working in a CTB (Projects) and RTB (Production) environment simultaneously
- Certification such as FRM or CFA or CQF is preferred
Market Risk Analytics (Incremental Risk Charge), Vice President, Firm Risk Management
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, model and other risks.
Background on the Group
Morgan Stanley’s Risk Analytics department that resides within Firm Risk Management (FRM) performs quantitative analysis on the Firm’s Credit, Market, Operational, and Liquidity risk exposures. The department’s primary objective is to measure and project risks across the Firm to support executive decisions and protect the Firm. Risk Analytics has main presence in New York and London and attracts talent in Budapest and Mumbai.
Position Background and Responsibilities
Morgan Stanley recruits quantitative research associates for the Risk Analytics Department. The ideal candidate will be actively involved in market risk modeling and statistical analysis of Morgan Stanley’s portfolios for the Market Risk Department. The Market Risk Analytics group develops, maintains, and monitors the performance of market risk (VaR, Stressed VaR, IRC and CRM) and stress testing models for Morgan Stanley’s portfolio of assets, as required by the regulatory framework and the Firm’s risk management needs. Strong problem-solving abilities, solid writing, and oral presentation skills are desired. The candidate should be able to work in fast-paced environment and willing to learn and evolve along with the role.
Primary Responsibilities include, but are not limited to:
- Development, enhancement and maintenance of portfolio market risk models like IRC, CRM and DRC to ensure ongoing appropriateness and adaptations to new regulations
- Contribution to key regulatory deliverables and programs as well as analysis and interpretation of key regulatory requirements.
- Ensure robust implementation and timely completion of ongoing monitorings and evaluation of market risk models, review existing models to ensure they remain fit for purpose and make improvements where necessary.
- Take ownership of assigned deliverables and ensure timely, accurate and thorough analysis
- Document models and associated developmental analysis; present results to partners and stakeholders
Skills Required
- 4-7 years of work experience in Quantitative modeling, Risk Management, Algorithmic trading, Global markets, or any other quantitative/Data Science field.
- Deep understanding of quantitative risk including good knowledge of statistical modelleing, financial products and their risk representation.
- Excellent mathematical, analytical, problem solving and troubleshooting skills
- Strong programming skills and demonstrable experience in coding numerical methods and algorithms, data analysis and manipulation
- Advanced knowledge of at least one prototyping programming language (preferably Python) and preferably experience/knowledge of professional development concepts and technologies and modern development toolchain
- An interest in working in a fast-paced environment, often balancing multiple high priority deliverables.
Required Qualifications
- Postgraduate/ Advanced degree in Quantitative Finance, Mathematics, Econometrics, Engineering, or other Quantitative subjects.
Desirable Skills
- FRM, CFA, CQF certification is an advantage.
AVP & Actuary, Risk Management – Reinsurance Risk
We are seeking an AVP & Actuary, Risk Management to join the Financial Risk oversight team, which is a part of the broader Enterprise Risk Management (ERM) function in the Office of the CRO. This team is focused on setting the parameters of risk management as they relate to the various financial risks, such as reinsurance and liquidity. This is a relatively new, dedicated oversight role at Lincoln, as ERM continues to grow! This position will play a pivotal role in building out the Reinsurance oversight function with an opportunity to support other risk oversight functions that intersect multiple teams across the enterprise, spanning Lincoln’s product suite.
You will work closely with risk managers to monitor risk exposures, assess risk mitigation strategies, and ensure compliance with regulatory requirements. The ideal candidate will have strong quantitative skills, experience with reinsurance and financial instruments, and a deep understanding of risk management practices.
What you’ll be doing
•Support the development of reinsurance risk frameworks through partnerships across the organization and thought leadership and expertise in risk management practices.
•Build out independent reinsurance risk reporting that captures risk profiles, monitors performance, various triggers, etc.
•Evaluate and monitor risks associated with strategic initiatives and existing infrastructure, including captives, affiliate transactions, and financial reinsurance solutions.
•Partner with reinsurance, finance, and business unit teams to ensure the implementation and effectiveness of risk management systems, tools, and models
•Collaborate with first line partners to implement reinsurance considerations into the risk appetite framework, including setting risk limits, thresholds, and reporting procedures
•Work with front-office teams to understand strategic initiatives, financial risks, and residual risk trading strategies, ensuring that risks are appropriately managed
•Provide effective challenge to strategic and tactical decisions
•Maintaining knowledge on current and emerging developments/trends in areas of specialization, assessing potential impacts and risks to Lincoln, and providing insights to management.
•Provide thought leadership on improvements to technological and operational efficiencies
What we’re looking for
Education
•Bachelor’s degree in Finance, Mathematics, Actuarial Science, or a related field.
•Master’s degree or relevant professional certifications (e.g., CFA, FRM, FSA, CQF) is a plus.
•Fellow of the Society of Actuaries (FSA), or Career ASA with additional years of experience.
Experience
•8+ years of experience in reinsurance, financial analysis, or a related field, preferably within the financial services industry. Experience working in a second line oversight role is a plus.
•Solid understanding of reinsurance structures including but not limited to financial reinsurance, captives, and offshore entities.
•Excellent quantitative and analytical skills with the ability to translate complex data into actionable insights.
•Strong written and verbal communication skills, with the ability to present complex risk information to senior stakeholders.
•High level of attention to detail, with the ability to identify and assess risks accurately and promptly.
•Strong programming skills (Python, VBA, SQL, etc.)
•Working knowledge of visualization software such as Tableau, PowerBI, etc.
•Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
•Knowledge of insurance capital structures is a plus.
•Ability to read, analyze and interpret both internal and external documents such as treaties, general media/publications, professional journals, technical procedures, governmental regulations, policies, proposals, and standard operating procedures.
•Ability to work collaboratively in cross-functional teams and manage multiple priorities.
Application Deadline
Applications for this position will be accepted through January 20th, 2026 subject to earlier closure due to applicant volume.
What’s it like to work here?
At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.
What’s in it for you:
- Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln’s core values and leadership attributes
- Leadership development and virtual training opportunities
- PTO/parental leave
- Competitive 401K and employee benefits
- Free financial counseling, health coaching and employee assistance program
- Tuition assistance program
- Work arrangements that work for you
- Effective productivity/technology tools and training
The pay range for this position is $125,800 – $229,100 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.
FS-RISK CONSULTING-FSRM – QTB-MANAGER Requisition ID: 1665043
EY’s Financial Services Office (FSO) is a unique, industry-focused business unit that provides a broad range of integrated services that leverage deep industry experience with strong functional capability and product knowledge. FSO practice provides integrated advisory services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers (traditional and alternative), insurance and energy trading companies, and the Corporate Treasury functions of leading Fortune 500 Companies. The service offerings provided by the FSO Advisory include: market, credit and operational risk management, regulatory advisory, quantitative advisory, structured finance transaction, actuarial advisory, technology enablement, risk and security, program advisory, and process & controls.
Within EY’s FSO Advisory Practice, the Financial Services Risk Management (FSRM) group provides solutions that can help FSO clients to identify, measure, manage and monitor the market (trading book), credit (banking book), operational, and regulatory risks associated with their trading, asset-liability management, capital management and other capital markets activities.
Within FSRM, the Quantitative Trading Book (QTB) team assists clients to design and implement strategic and functional changes across risk management, treasury, front office, middle office, and back-office activities with a focus on risk and valuation processes, regulatory compliance, analytics, strategy, and organizational structure. Practical implementation knowledge of risk and capital management is a key competency of QTB, focused on regulatory capital, market and counterparty credit risk management and broker-dealer capital requirements. Clients include large domestic and global financial institutions, broker-dealers, foreign banking organizations, asset management firms and insurance companies with significant capital markets activities.
Your key responsibilities
- Demonstrate deep technical capabilities and understand market trends and demands in the financial services sector and issues faced by clients by staying abreast of current business and industry trends relevant to the client’s business.
- Monitor progress, manage risk, and effectively communicate with key stakeholders regarding status, issues and key priorities to achieve expected outcomes.
- Play an active role in mentoring junior consultants within the organization.
- Conduct performance reviews and contribute to performance feedback for Senior Consultants and Staffs
- Contribute to people initiatives including recruiting talent
- Stakeholder and client management
- Play your part in developing intellectual capital to support delivering superior outcomes for client and firm.
To qualify for the role, you should have:
- Undergraduate (4-year degree) or Masters (Computational Finance, Mathematics, Engineering, Statistics, or Physics preferred) or Ph.D. in quantitative topics.
- Working knowledge or academic experience of statistical and numerical techniques (E.g., Monte-Carlo methods, Finite difference methods)
- Knowledge of mathematical concepts and domain knowledge related to pricing derivatives for any of the asset classes such as fixed income, equities, credit, interest rates, FX, and commodities
- Strong risk management/model development/validation knowledge in market risk (VaR, Stressed VaR, Expected Shortfall, etc.) and/or counterparty credit risk (CVA, PFE, etc.).
- Good hands-on experience in model development/validation/monitoring/audit procedures (including Stress testing, Back-testing, Benchmarking, etc.).
- Knowledge of mathematical concepts like Stochastic Calculus, Differential and Integral calculus (ODE/PDE/SDE), Numerical Methods, Linear algebra, Measure Theory. Related to pricing derivatives for any of the asset classes such as fixed income, equities, credit, interest rates, FX, and commodities
- Development/Validation/Annual Review of Equity pricing models, Interest Rate Models (HW1F, HW2F, HJM, LMM), Stochastic Volatility (SABR, Heston) model, Local Volatility model (Dupire), frameworks for Volatility stripping and calibration, Bootstrapping of IR curves (Single curve, Multi curve framework), Asset Liability Management (NII, MVPE) and Prepayment Models.
- Knowledge of Estimating Idiosyncratic volatility (specific risk) and estimating Beta, Handling missing data in time series, Validating proxy time series.
- Strong coding skills in Advanced Python or Java, C++ with combination of Statistical packages in R. Basic knowledge of SQL is expected.
- Excellent communication and strong problem-solving skills.
Good-to-have:
- Certifications such as FRM, CQF, CFA, PRM
- Regulatory knowledge/experience in areas such as Basel, CCAR, and FRTB.
- Pricing/Risk management system knowledge/experience – Calypso, SunGard Adaptiv, Murex, Numerix, Bloomberg, RiskMetrics, Spectrum, EQF, etc.
- Willingness to travel to meet client needs
Investment Analyst
Become Part of the Magnitude Team
Magnitude Capital, a dynamic alternative investment firm, is seeking an investment analyst with hedge fund or similar experience to work as part of our tight-knit fund of hedge funds investment team. The ideal candidate will be an eager student of financial markets and investment decision making and will be proficient in data analysis and quantitative methods. This is an exceptional opportunity for you to further your career while working with industry veterans and contributing to investment decisions at the firm.
What you will do:
- Support core investment team in complex portfolio decision-making. Engage with peers through effective written evaluations and frequent group discussions.
- Leverage rigorous analytical techniques to assess hedge fund managers’ potential to generate diversifying risk-adjusted returns.
- Conduct strategy and market research to evaluate hedge fund managers’ strategies and relevant risk factors.
- Maintain and expand the analytical framework that drives portfolio management decisions.
- Partner with the firm’s technologists to build and maintain processes that capture, organize, and evaluate risk and performance data for the portfolio and the industry.
What you have:
- 2+ years of financial experience; front-office role at a hedge fund or proprietary trading firm preferred
- Familiarity with relative value hedge fund strategies
- Advanced quantitative and data analysis skills
- Familiarity with Python, R, or other statistical programming techniques
- Collaborative mindset and firm-first mentality
- Strong written and verbal communication skills
- High attention to detail
- Excellent analytical skills
- Proven track record of academic excellence
- CFA, MFE, CQF or similar advanced education a plus
What we do:
The firm was founded in 2002 by senior hedge fund professionals and has become a top industry performer serving a diverse and growing institutional client base. We are a team focused on building a world-class investment company through discipline, analytical rigor, and a results-oriented mindset.
What we offer:
- Competitive total compensation
- Benefits package – fully covered health insurance, generous 401K match, fertility services reimbursement program, tuition reimbursement program, parental leave, and more
- Hybrid work schedule – Tuesday-Thursday in the office each week
- Work that matters – work with a small team and have a big impact
- Flexible work attire – no formal dress code
- Quality food – catered meals from some of the best restaurants in NYC and fully stocked kitchen
- Great teammates – people with discipline, creativity, intellectual curiosity, and a sense of humor
- Exciting culture – analytical, open, collaborative, and collegial
Compensation:
The budgeted *salary* range starts at $130,000–$160,000. Total compensation will include salary, performance-based bonus, and full benefits. Total package will be commensurate with qualifications and experience and will be highly competitive relative to market. Actual pay will be adjusted based on experience.
Magnitude Capital, LLC is an equal opportunity employer. We are committed to fair hiring and promotion practices, and employee diversity will only benefit our team-based approach. We welcome exceptional candidates from all backgrounds to apply to Magnitude’s open positions.