Senior Quantitative Analyst

Risk Management
200401 Requisition #

Are you ready to explore a world of possibilities?


Join our DTCC family, and you’ll grow your expertise and become the best version of you. As you embark on a new journey, you’ll tackle challenges with flexibility and grace, learning new skills and advancing your career while having the time of your life.


About this Opportunity

The Senior Quantitative Analyst will perform the model performance analysis/monitoring and back testing.


Your Responsibilities:


- Support and maintain existing credit rating model with model validation team and business users.                                                                                               

- Conduct periodic research and ad-hoc studies on model inputs and outputs and identify potential deficiencies and remediations.                                               

- Participate in new product development, design and test its risk management and methodologies, and stay abreast of the latest developments and best practices.

- Design the model monitoring process as the new models get approved and enhance the existing monitoring reports.
- Prepare model performance monitoring reports and KPI to satisfy internal and external audit/regulatory requirements.
- Perform ad hoc model performance analyses as needed and work on automation of reports.
- Perform back testing and stress testing.

- Design the benchmark/alternative models for performance monitoring purposes.


-PhD or a Master’s degree in a quantitative field, preferably in applied economics, econometries, statistics or financial engineering.

Talents Needed for Success:


- 3+ years of hands-on experience in credit risk modeling including score card and PD modeling, with strong exposure to fundamental credit risk management  

- Excellent communication skills, both oral and written.

   - Must have excellent interpersonal skills

   - Self-motivated and able to work independently.

 - Have a general knowledge about the financial

market, products, risk management (such as VaR modeling) and risk metrics (such as back testing).

 - Familiar with model risk management.

   - Good programming skills in database languages such as SQL, Python.  R, Matlab are pluses.


Who We Are:


With over 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringing increased security and soundness to financial markets. In 2018, DTCC’s subsidiaries processed securities transactions valued at more than U.S. $1.85 quadrillion. Its depository provides custody and asset servicing for securities issues from 170 countries and territories valued at U.S. $52.2 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes over 14 billion messages annually. To learn more, please visit us at or connect with us on LinkedIn, Twitter, YouTube and Facebook.



Previous Job Searches

My Profile

Create and manage profiles for future opportunities.

Go to Profile

My Submissions

Track your opportunities.

My Submissions

Similar Listings


📁 Risk Management

Requisition #: 200418

Jersey City

📁 Risk Management

Requisition #: 200358

Dallas - Belt Line

📁 Risk Management

Requisition #: 200483