Quantitative Analyst - Jersey City, NJ (Not a VP role)

StradIT

$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in a quantitative discipline with 5+ years in quantitative development or financial model implementation.
  • Strong programming skills in Python, especially with libraries like NumPy, Pandas, and SQLAlchemy.
  • Advanced SQL knowledge and experience in database design and performance tuning; Snowflake experience preferred.
  • Proficiency in Linux, Git, and modern software development practices.
  • Experience with financial and quantitative models, understanding financial engineering concepts.
  • Strong communication and problem-solving abilities, capable of independently translating business needs into technical solutions.

Responsibilities

  • Design and maintain research and prototype development platforms, focusing on database architecture and performance tuning.
  • Develop, test, and deploy quantitative model prototypes and automated workflows; monitor production processes.
  • Conduct margin and stress testing model monitoring and performance reporting for risk management.
  • Collaborate with quantitative researchers to support model development and data analysis.
  • Translate business requirements into technical specifications for small-to-medium-scale projects.
  • Act as a liaison between Financial Engineering, Market Risk, and application development teams.

Benefits

  • Hybrid work mode allows for flexibility between remote and in-office work.
  • Work within a collaborative environment bridging quantitative research and technology teams.
  • Opportunity to engage in cutting-edge financial model development and risk management.
  • Access to ongoing professional development and training in quantitative analysis and software practices.
Full Job Description
Role: Quantitative Analyst/Developer

Experience: 5 to 8 years (not a VP role)

Employment: W2 (USC and GC only)

Location: Jersey City, NJ

Work mode: Hybrid

Primary Requirement
  • Design, develop, and maintain research and prototype development platforms, including database architecture, stored procedures, query optimization, and performance tuning.
  • Develop, test, deploy, and support quantitative model prototypes, analytical tools, and automated workflows; monitor daily scheduled jobs and production processes.
  • Perform NSCC margin and stress testing model monitoring, performance reporting, and analysis to support risk management activities.
  • Collaborate with quantitative researchers and risk teams to support model development, research initiatives, and data analysis needs.
  • Translate business requirements into technical specifications and independently design, build, test, and document small-to-medium-scale projects.
  • Serve as a liaison between Financial Engineering, Market Risk, Risk Technology, and application development teams, facilitating effective communication between business and technical stakeholders.


Qualification
  • Master's degree in a quantitative discipline and at least 5 years of experience in quantitative development, database development, or financial model implementation.
  • Strong programming skills in Python, including experience with libraries such as NumPy, Pandas, SciPy, SQLAlchemy, pyodbc, subprocess, logging, and Snowpark.
  • Advanced knowledge of SQL and relational databases, with hands-on experience in database design, stored procedure development, query optimization, and performance tuning; Snowflake experience strongly preferred.
  • Proficiency with Linux, Git, Bitbucket, and modern software development practices.
  • Experience developing, implementing, or supporting financial and quantitative models, with familiarity with financial engineering concepts and terminology.
  • Strong analytical, communication, and problem-solving skills, with the ability to work independently, translate business needs into technical solutions, and effectively bridge communication between quantitative researchers and software developers.

Similar Jobs

More Jobs at StradIT

More Finance & Insurance Jobs

Find similar Quantitative Analyst - Jersey City, NJ (Not a VP role) jobs: