Advancing the Field of Quantitative Finance
formerly the IAFE

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Job Index

Discover Financial Services
Financial Analyst - DSL FP&A
Riverwoods, IL
(posted 09/13/2017)

Discover Financial Services
Senior Financial Analyst - Strategic Finance Analytics
Riverwoods, IL
(posted 09/13/2017)

Discover Financial Services
Senior Financial Analyst - FP&A
Riverwoods, IL
(posted 09/13/2017)

Quest Partners LLC
Senior Quantitative Strategist
New York, NY
(posted 08/23/2017)

TIAA
Model Risk Management
New York, New York Or Charlotte, NC Or San Francisco, CA
(posted 07/24/2017)

International Finance Corporation
Associate Risk Officer
Washington, D.C.
(posted 07/14/2017)

PNC Bank
Business Analytics Consultant Sr
Pittsburgh, PA
(posted 07/13/2017)

MIT-Center for Biomedical Innovation/NEWDIGS
Finance Research Specialist
Cambridge, MA
(posted 07/05/2017)

Delek US Holdings, Inc.
Quantitative Analyst/Financial Engineer
Brentwood, TN
(posted 06/22/2017)

Financial Analyst - DSL FP&A

Discover Financial Services

Riverwoods, IL

(posted 09/13/2017)

Job Description
This position will provide financial planning and analysis support for one of Discover’s business units. The role offers significant exposure to Senior Management as well as opportunities for career growth. We are seeking a highly motivated individual who can formulate business issues into analytical problems and devise actionable solutions. The position is based in Riverwoods, IL, a suburb of Chicago. Discover also offers a satellite office conveniently located in downtown Chicago.
Key Responsibilities:
• Collaborate with business partners to develop the monthly forecast, Annual Plan, and three-year Strategic Plan submissions
• Prepare and present insightful reports that help monitor and analyze performance, reveal business trends, and highlight key metrics to improve decision making
• Partner with Accounting to ensure successful close of business every month
• Develop ad-hoc analysis and presentations to support business initiatives
• Continuously streamline processes to eliminate inefficiencies and improve results
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes


Qualifications
Skills Required:
• Bachelor’s degree in Finance, Accounting or related field
• 2+ years of experience in financial analysis, accounting, strategy, and/or business management
• Strong communication (oral and written), interpersonal, presentation, and organizational skills
• Demonstrated ability to successfully interact with all levels of management
• Strong analytical, prioritization, and problem-solving skills
• Ability to work under deadlines and ambiguity
• Proficiency with Microsoft Office (Excel, PowerPoint, Word)
Skills Desired:
• Experience with Hyperion / Essbase or equivalent budgeting and management reporting tools
• Experience in financial modeling and data driven financial analysis


Organization Description
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. Our employees have always played a big part in our success. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

How to Apply
Please apply via our corporate webpage via this link: http://www.mydiscovercareer.com/job/7492999/financial-analyst-dsl-fp-amp-a-riverwoods-il/

Last Day to Apply
Position will remain visible until a hire is made

Senior Financial Analyst - Strategic Finance Analytics

Discover Financial Services

Riverwoods, IL

(posted 09/13/2017)

Job Description
This position will provide financial and business analysis support for one of Discover’s business units. The role offers an exciting opportunity for a detailed, intellectually curious, and analytical minded candidate with experience dealing with ambiguity. The ideal candidate should be comfortable working with large quantities of data, building complex financial models, and driving actionable insights to influence multiple business partners. The position is based in Riverwoods, IL, a suburb of Chicago. Discover also offers a satellite office conveniently located in downtown Chicago.

Key responsibilities include:
• Partner with marketing, product, and operations groups to develop detailed financial analyses including profitability, pricing, and cost optimization
• Provide strategic advice and financial analysis for investment decisions, including new product development
• Ability to work with large amounts of data to develop and enhance complex financial models such as account /segment level valuation models to improve forecasting accuracy and drive new business insights
• Perform detailed competitive analysis to drive strategic insights and actions
• Provide and implement a framework to drive fact-based decisions
Continuously improve and streamline analytics processes
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.


Qualifications
Skills Required:
• 4 plus years of experience in financial analysis, business analysis, consulting, investment banking, or equivalent experience in consulting, investment banking, credit card, banking and other financial institutions
• Experience in financial modeling and data driven financial analysis (NPV, IRR, etc)
• Strong level of financial and business acumen to be able to drive results for breadth of initiatives
• High level of critical thinking to formulate business issues into analytical problems and devise actionable solutions
• Robust communication, interpersonal, presentation, and organizational skills
• Must have ability to interact and partner effectively at multiple levels of the organization
• Strong experience and proficiency with Excel
• Bachelor's degree in Finance, Business, quantitative field or related discipline

Skills Desired:
• MBA, CFA, or related qualifications a plus
• Consumer or commercial banking industry experience a plus


Organization Description
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. Our employees have always played a big part in our success. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

How to Apply
Please apply on our corporate webpage via this link: http://www.mydiscovercareer.com/job/7461009/senior-financial-analyst-strategic-finance-analytics-riverwoods-il/

Last Day to Apply
Position will remain visible until a hire is made

Senior Financial Analyst - FP&A

Discover Financial Services

Riverwoods, IL

(posted 09/13/2017)

Job Description
This position will provide financial planning and analysis support for one of Discover’s business units. The role offers an exciting opportunity for a detailed, intellectually curious, and analytical minded candidate. We are seeking a highly motivated individual contributor with demonstrated experience in building strong business partnerships across multiple functions (e.g., Marketing, Operations, and Credit Risk). The position is based in Riverwoods, IL, a suburb of Chicago. Discover also offers a satellite office conveniently located in downtown Chicago.

Key responsibilities include:
• Develop financial plans including budgeting and strategic planning of various revenue and expense drivers to drive insightful analyses
• Ability to work with large amounts of data to drive meaningful insights
• Develop and enhance financial models to improve forecasting accuracy and drive new business insights
• Develop thorough understanding of interdependencies of all P&L line items and profitability drivers
• Continuously improve and streamline the financial management processes including monthly reporting and forecasting
• Provide and implement a framework to drive fact-based decisions
• Evaluate revenue opportunities and expense reduction initiatives to drive profitability
• Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.


Qualifications
Skills Required:
• 4 plus years of experience in financial planning & analysis, business analysis or equivalent experience in consulting, investment banking, credit card, banking and other financial institutions
• High level of critical thinking to formulate business issues into analytical problems and devise actionable solutions
• Robust communication, interpersonal, presentation, and organizational skills
• Strong level of financial and business acumen to be able to drive results for breadth of initiatives
• Must have ability to interact and partner effectively at multiple levels of the organization
• Strong experience and proficiency with Excel
• Bachelor's degree in Finance, Business, quantitative field or related discipline
• Ability to independently manage processes and work with ambiguity

Skills Desired:
• Consumer or commercial banking industry experience a plus
• Experience in financial modeling and data driven financial analysis (NPV, IRR, etc) a plus
• Experience with Essbase and/or equivalent budgeting and management reporting tools a plus

Organization Description
You can make an impact. Whether it’s developing corporate strategy, innovating new services or supporting IT needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. It’s the heart of what we do.

Discover is one of the most recognized brands in U.S. financial services. We’re a direct banking and payment services company built on a legacy of innovation and customer service. Our employees have always played a big part in our success. We support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.

How to Apply
Please apply on our corporate webpage via this link: http://www.mydiscovercareer.com/job/7461010/senior-financial-analyst-fp-amp-a-riverwoods-il/

Last Day to Apply
Position will be viewable until a hire is made

Senior Quantitative Strategist

Quest Partners LLC

New York, NY

(posted 08/23/2017)

Job Description
Senior Quantitative Strategist sought by Quest Partners LLC in New York, NY. Develop and implement systemic trading strategies & quantitative financial products incorporating statistical, financial & mathematical knowledge to inform investment colleagues & institutional clients engaged in investing and managing risk. Background check will be conducted before employment may begin. Apply @ www.jobpostingtoday.com # 39287.

How to Apply
Apply @ www.jobpostingtoday.com # 39287.

Last Day to Apply
September 6, 2017

Model Risk Management

TIAA

New York, New York Or Charlotte, NC Or San Francisco, CA

(posted 07/24/2017)

Job Description
Position Summary:
Perform independent reviews and validations of models covering a wide range of financial, economic and actuarial instruments. Implement TIAA Model Risk Management Control Policy as team needs dictate.
Key Duties & Responsibilities:
• Review and/or Validate Financial Models.
• Work with Model Owners on model-related issues, from remediating findings to reviewing documentation.
• Represent MRM as necessary to auditors and external regulators.


Qualifications
• Graduate Degree in a quantitative discipline is required; PhD is preferred.
• Experience in mathematical finance, statistics, and numerical methods is required.
• Knowledge with respect to finance theory and financial instruments is required.
• Quantitative modeling or model validation experience covering one or several of the following areas: Stochastic processes/derivatives/structured products/Credit and Market Risk/Fixed income/Asset Allocation/Actuarial/ALM models is required.
• Programming skills in both general-purpose languages such as C++, Java, Python and computational/statistical/data languages such as Matlab, SAS, R, SQL is required.
• Formal actuarial experience, i.e. FSA/ASA is a strong plus.


Other Information
N/A

Organization Description
Since 1918, it has been TIAA’s mission to serve, our ability to perform and the values we embrace that make us a different kind of financial services organization. We’re dedicated to serving the financial needs of those in the academic, medical, cultural, governmental and research fields, and committed to helping make lifetime financial well-being possible for them.




By building a culture that allows all employees to contribute their unique talents and skills, we’re able to provide our customers with fresh ideas and distinct perspectives to help them achieve their goals. We believe a diverse and inclusive workforce is one of our greatest strengths and a key measure of our success*.




For more information about TIAA, visit our website.


How to Apply
http://careers.tiaa.org/job/7370612/erm-model-risk-mgmt-new-york-ny/

Last Day to Apply
tbd

Associate Risk Officer

International Finance Corporation

Washington, D.C.

(posted 07/14/2017)

Job Description
The Corporate & Portfolio Risk Management Department (CRM), under the Corporate Risk & Sustainability Vice-Presidency, provides Corporate-wide risk oversight of IFC's debt, equity and treasury portfolios, as well as managing IFC's overall capital position and financial sustainability. Within CRM, Treasury Risk Team (CRMTR) team is responsible for providing risk oversight of IFC’s Treasury Activities.

CRMTR is conducting a search for an Associate Risk Officer to join an international dynamic team in support of developing new and support existing quantitative tools and models such as models/approaches used in assessment of market risk, credit risk, liquidity, economic capital, stress testing, derivatives valuation.

Duties and Responsibilities

•Provide financial model development and support for existing risk models.

•Liaise with credit, market and model risk management teams and with internal Treasury clients and provide support and analysis for quantitative risk measurement.

•Monitor financial markets, developments in quantitative risks measurement and modeling as well as regulatory changes.

•Follow industry best practices in market risk capital calculation and stress testing.

•Collaborate with units across the department and IT in order to develop tools and reports that will help facilitate and manage collaboration within the institution.

•Under the supervision of senior staff in quantitative risk unit, work in close collaboration with the credit and market risk teams as well as corporate IT to enhance quality of existing quantitative models used for risk management.


Qualifications
•Masters or Bachelor’s degree in a technical field such as Finance, Physics, Mathematics, or related areas.

•At least 5 years’ experience in advanced operational and technical skills with diverse financial background.

•Ability to analyze and understand financial instruments and models, and to write code to facilitate analysis

•Ability to simulate and solve financial/mathematical/statistical models

•Experience working with IT professionals within either a Risk Management or a Financial Division would be a plus.

•Strong interpersonal skills, teamwork, and ability to interact effectively with, Treasury staff, technical specialists, technology experts, and senior staff in the department.

•Ability to handle pressure and meet strict deadlines.

•Strong knowledge of statistical software such as Matlab, R or SSPS.

•Prior experience in financial and business intelligence software such as Bloomberg, SAS or Tableau is a plus.


Other Information
IFC values diversity and encourages all qualified candidates who are nationals of IFC member countries to apply, regardless of gender, gender identity, religion, race, ethnicity, sexual orientation, or disability. Sub-Saharan African nationals, Caribbean nationals, and female candidates are strongly encouraged to apply.

Organization Description
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.

How to Apply
For Corporate Information and to apply to the position, please visit www.ifc.org/careers, vacancy number 170943. Deadline is August 9, 2017.

https://www.linkedin.com/jobs/cap/view/358553255/?pathWildcard=358553255&trk=job_capjs

Last Day to Apply
August 9, 2017

Business Analytics Consultant Sr

PNC Bank

Pittsburgh, PA

(posted 07/13/2017)

Job Description
At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. As Business Analytics Consultant Sr. within PNC’s Technology Services organization, you will be based in Pittsburgh, PA.

Qualifications
Job Profile
• Provides business and technical expertise for the analytics process, tools and useful applications across multiple functions or business units.
• Consulting to clients on tool and strategy implementation and monitoring, statistical scoring, business intelligence, data quality, and analytical product / solution development.
• Determining the optimal analytic approach and supporting development, implementation and enhancements.
• Conceptualizing, developing and continuously optimizing dashboard reporting for operations and executive management to enable data driven decision making.
• Analyzing results for multiple functions and communicating conclusions from complex models to a wide range of audiences.


Other Information
Required Education and Experience
Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education and experience (including military service) may be considered.


Organization Description
PNC provides equal opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.

How to Apply
To learn more, visit www.pnc.jobs and search by keyword ‘269922BR’.

Last Day to Apply
8/14/2017

Finance Research Specialist

MIT-Center for Biomedical Innovation/NEWDIGS

Cambridge, MA

(posted 07/05/2017)

Job Description
Position Overview:
MIT NEW Drug Development ParadIGmS (NEWDIGS) is an international “think and do tank” dedicated to delivering more value, faster to patients in ways that work for all stakeholders. The FoCUS (Financing and Reimbursement of Cures in the US) project will assemble teams of stakeholders from industry, payers, investors, regulatory agencies, patient advocacy groups, and research universities to create innovative financing and reimbursement models for curative medicines to address the initial priorities of gene therapies and durable oncology treatments. More may be added as the project progresses.
FoCUS is looking for a research specialist in healthcare financial engineering to join the team of researchers with health economics and econometrics backgrounds to work on the design of financial system scenarios which incorporate perspectives and potential financial methodologies that work for all stakeholders (patients, payers, developers, third-party reinsurers and support services) in solving the issues surrounding the payment of curative therapies. The Finance Research Specialist will participate in disease specific Target Area Group (TAG) meetings and NEWDIGS Design Labs ; will assist in modeling and simulation sizing and execution, conduct rigorous research needed to support the project in various elements (micro and macro analysis, market characteristics, payer perspectives survey etc.) contribute to the dissemination of findings through oral and written channels including presentations before large and small groups and co-authoring publishable papers. The Finance Research Specialist is a full time position and will report to the FoCUS Health Economics and Finance Research Lead.
Primary Responsibilities:
• Working with the research team and TAGs, assist in the creation and execution of research designs that will appropriately address the needs of the modeling and simulation required to fulfill the TAG objectives
o Under the direction of the Research Lead, design and implement research protocols; gather and analyze data, perform complex analytical and programming tasks with limited direction, identify methodological challenges related to the work and helping to resolve or elevate these within the research team.
o Provide analytic and program evaluation support
o Help assemble, clean, and manage data sets derived from multiple sources.
o Serve as an in-house expert on quantitative methods and their application to the modeling and financing scenarios
o Conduct rigorous research to inform the design of finance system scenarios and as required by the modeling and simulation plans
o Provide assistance on request in pilot implementation and planning
• Be a conscientious team member, contributing to overall project success by keeping current on the latest scholarly research on the current political and economic situation related to financing of curative therapies in the United States
• Assist with payer segmentation interviews, perform data analyses, synthesize and apply relevant extant research to determine which financial system models and scenarios would prove acceptable to the stakeholder group.
• Participate in the documenting of research results for dissemination across a variety of platforms
o Prepare and deliver research details through oral presentations to small, medium and large audiences on an ad hoc basis, at major academic conferences, to nontechnical audiences, and at NEWDIGS Design Labs as necessary
o Create research publications from research findings
• Other duties as requested


Qualifications
Qualifications:
• Minimum of Master’s Degree in Finance, Finance Systems Engineering, Financial Analysis, Business Administration or related degree with an emphasis on quantitative and economic analysis. Individuals pursuing or are recent recipients of a PhD preferred.
• 3+ years’ experience planning and executing research projects involving modeling and simulation designs in the field of health economics and/or finance
• Experience and/or interest in biomedical innovation and/or translational medicine; understanding of and interest in the current political and economic situation related to financing of curative therapies in the United States would be helpful
• Excellent written and oral communication skills; demonstrated publication history and experience presenting research at major academic conferences and to nontechnical audiences
• Experience with basic office applications, statistics, and statistical programs (e.g., R, SPSS, Stata, or SAS)
• Experience with large scale data analytics, image processing, machine learning, and data visualization desirable
• Ability to work independently in a multidisciplinary team environment and across multiple projects
• Must be team oriented and able to work with a range of stakeholders, outside of field of expertise


Other Information
SPECIAL EFFORTS TO SEEK OUT WOMEN AND MINORITIES
The EEO representative will review the advertisement strategy with a goal of reaching more women and minority applicants for this position. The EEO representative will also review the HR applicant data periodically to be certain that SSRC is receiving applications from these two underrepresented populations.


Organization Description
About MIT NEWDIGS
MIT NEW Drug Development ParadIGmS (NEWDIGS) is an international “think and do tank” dedicated to delivering more value faster to patients, in ways that work for all stakeholders. NEWDIGS designs, evaluates, and initiates advancements that are too complex and cross-cutting to be addressed by a single organization or market sector. Its collaborators include global leaders in biomedical research and development, coverage and reimbursement, regulation, clinical care, and patient advocacy, among others. For more information, visit http://newdigs.mit.edu

About FoCUS
Medical research is making significant advances toward treatments that cure major diseases, but these treatments will often entail very high up-front costs. This initiative targets the need for new innovative financing and reimbursement models for curative medicines in the US that ensure (1) patient access for needed treatments; (2) affordability for public and private payers; and (3) the sustainability of innovation by manufacturers. FoCUS activities center on the design, rapid cycle prototyping, and synthesis of financing and reimbursement system scenarios that may lead to implementable pilots. All pilots will be rigorously planned and evaluated. Learnings will be disseminated broadly to inform implementation and scale up. Initial priorities for action are: curative gene therapies, durable oncology treatments, and antibiotics.


How to Apply
Candidates must submit applications via the MIT human resources website: Job #14912

Last Day to Apply
Position will be open until filled

Quantitative Analyst/Financial Engineer

Delek US Holdings, Inc.

Brentwood, TN

(posted 06/22/2017)

Job Description
Description & Responsibilities:
•Applying mathematical and statistical methods in order to tackle with practical issues related to finance, like oil trading, oil derivatives valuation and trade recommendations
•Devising or applying independent tools and models in order to verify the outcome of analytical system
•Researching and developing analytical tools and identify certain market factors for forecasting market movements in the oil markets
•Collaborating with the trading groups in order to create and execute quantitative structured trade ideas in the markets Delek trades
•Conferring with the other financial analysts for understanding different trading market dynamics, strategies in order to inform about the development of the quantitative techniques
•Defining and recommending data collection modes or model specifications
•Developing core analytical abilities, using the advanced quantitative, statistical and econometric methods
•Back testing, Forecasting, Regression Analysis, Interpreting results of the analytical procedures, maintaining and modifying all the analytic models which are in use


Qualifications
Requirements – Skills/Knowledge/Abilities:
•Master’s degree in math, statistics, engineering or a related field is extremely imperative and a higher degree is even more preferred since the companies prefer highly qualified professionals. A typical course load for a student pursuing a degree in Quantitative Analysis will include statistics, probability and so on
•Proficient Coding in language (at least two) R, Python, SQL, SAS, C++, Java, and MATLAB iGood verbal and written communication skills
•Great analytical skills and presence of mind
•Attention to diminutive details and multitasking abilities
•Responsible and good technical skills
•Highly innovative and motivated
•Advanced knowledge of mathematical and statistics
•Excellent programming skills a must


Other Information
Quantitative Analysts, also known as the Financial Engineers, have the duty of analyzing oil market statistics for developing and implementing quantitative models. The models help in creating real-time trading tools for trading oil futures. Quantitative Analysts generally work with Delek’s group of commercial traders for developing optimal systematic methods needed for analyzing oil market fundamentals the trading physical, futures, options and swaps. They engage in diverse activities around trading related activities like that of writing programs, researching, performing regular statistical analysis and solving problems which are needed to optimize the trading methods.

Organization Description
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining and logistics. The refining segment consists of refineries operated in Tyler, Texas and El Dorado, Arkansas with a combined nameplate production capacity of 155,000 barrels per day. Delek US Holdings, Inc. and its affiliates also own approximately 62 percent (including the 2 percent general partner interest) of Delek Logistics Partners, LP. Delek Logistics Partners, LP (NYSE: DKL) is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets. Delek US Holdings, Inc. currently owns approximately 47 percent of the outstanding common stock of Alon USA Energy, Inc. (NYSE: ALJ).

How to Apply
Forward your resume and cover letter to Tish Mosley, Recruiting Coordinator at tish.mosley@delekus.com. Please mention you saw this posting on iaqf.org.

Last Day to Apply
This posting is open until the position is filled.