Job DescriptionThe Impact you will have in this role:
Quantitative Risk Management, QRM is responsible for the development and support of models and methodologies for the quantification of risk. QRM also carries out quantitative analysis and other analytical support to firms' risk management and other business needs. Quantitative Risk Management (QRM) is responsible for the development and support of models and methodologies for the quantification of risk. QRM also carries out quantitative analysis and other analytical support for DTCC's risk management and other business needs.
Your Primary Responsibilities:
- Conduct supervised quantitative research/analysis related to model development, maintenance, and performance monitoring.
- Conduct supervised quantitative risk analysis to support other business unit.
- Build and maintain model prototypes for model development.
- Facilitate model risk management activities.
- Facilitate model specification and model engine test with Risk Technology team.
- Maintain key data source for groups model development and quantitative analyses.
- Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately
**NOTE: The Primary Responsibilities of this role are not limited to the details above. **
Qualifications: - Minimum of 6 years of related experience
- Bachelor's degree preferred or equivalent experience
Talents Needed for Success: - Fosters a culture where honesty and transparency are expected.
- Stays current on changes in his/her own specialist area and seeks out learning opportunities to ensure knowledge is up-to-date.
- Invests effort to individually coach others.
- Builds collaborative teams across the organization.
- Communicates openly keeping everyone across the organization informed.
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations.
About the TeamOur Risk Management teams work to protect the safety and soundness of our systems and are responsible for identifying, managing, measuring and mitigating a spectrum of key risk types including credit, market, liquidity, systemic, operational and technology in all existing and new products, activities, processes and systems.
