Principal, Quantitative Risk Management

Job description

What You'll Do: This role is responsible for leading project development, implementation, testing and maintenance of models used for margin, clearing funds and stress testing. The range of responsibilities varies depending on his/her focus within QRM, that includes research and development of significant model features, leading prototype development and testing, designing tools for model performance monitoring, managing or providing technical leadership for model prototypes, implementing and supporting integration of model code library into OCC risk systems. This role will work closely with risk managers in Financial Risk Management and partners in other areas, including Information Technology, Model Validation, and Compliance. Primary Duties and Responsibilities: To perform this job successfully, an individual must be able to perform each primary duty satisfactorily. 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, dat...