• $90000 - $120000 per annum
  • Springfield, MA, USA
  • Permanent, Full time
  • Selby Jennings Technology
  • 04 Sep 17

Senior Credit and Market Risk - Quantitative

  • Location: Springfield, MA, USA
  • Salary: $90000 - $120000 per annum
  • Job Type: Full time

Senior Market and Credit Risk- Quant

Senior Market and Credit Risk Analyst


Responsibilities

• Experience with pricing models to quantify market and credit risk for existing and proposed electricity market products – may work with customers
• Experience with credit risk methods and financial assurance solutions
• Recommend and develop changes to collateral requirements to more efficiently and effectively mitigate risk
• Work with all Business Units to ensure the integrity and consistency of rules with the objectives of existing designs

Coordinate product testing of market and credit risk management solutions
• Coordinate product testing efforts with ERM Group’s Business Analyst and other group members
• Work closely with Project Management Group, IT through solution implementation and Lead development tracking tools


Requirements
• Bachelor's Degree in Finance, Engineering or related discipline. Masters Degree in a related discipline a plus
•  3-7 years experience as a quantitative risk analyst
• Solid experience building and validating risk pricing models
• Solid knowledge of market and credit risk measurement techniques (VaR, historical simulation, Monte Carlo simulation, stress testing) 
• Skilled in such programming languages as; SQL, Matlab or another quantitative programming platform a plus

Desired
• Experience modeling electricity or commodity market products