Advancing the Field of Quantitative Finance
formerly the IAFE

Job Board


Securities Compliance Examiner

U.S. Securities & Exchange Commission

New York

(posted 05/16/2019)

Job Description
OCR assists the SEC in executing its responsibility for protecting investors, promoting capital formation, and maintaining fair, orderly, and efficient markets through the oversight of credit rating agencies registered with the SEC as nationally recognized statistical rating organizations (NRSROs). In support of this mission, OCR monitors the activities and conducts examinations of registered NRSROs to assess and promote compliance with statutory and SEC requirements.
Responsibilities
OCR has personnel located in Washington, DC and New York, NY and the position is based in New York, NY.
Typical duties include:
Works collaboratively within OCR to lead and participate in examinations and the monitoring of NRSROs for compliance with the SEC's rules and applicable provisions of the Securities Exchange Act.
Communicates with other divisions and offices within the SEC on matters related to examinations and monitoring.
Contributes to determining the exam scope and depth of fact-finding required based upon risk assessments.
Prepares scope memoranda, worksheets, examination summary letters, referrals, and reports.
Reviews and analyzes policies and procedures.
Conducts interviews of NRSROs' management and staff, evaluates findings, and formulates conclusions regarding NRSROs' compliance with statutory and regulatory requirements.
Prepares internal work deliverables, for example, reports, letters, and memoranda.
Participates in investigating tips, complaints, and referrals and Division of Enforcement matters.
Travel Required
Occasional travel - Travel may be required for up to 25 days annually for this position between Washington, DC and New York, NY and to registrants' locations, most of which are in the continental United States.

Conditions of Employment
•You must be a US Citizen
•Application procedures are specific to this vacancy announcement. Please read all the instructions carefully. Failure to follow the instructions may result in you not being considered for this position.
•Supplementary vacancies may be filled in addition to the number stated in this announcement.
•This position has promotion potential to the SK-14.
•PROBATIONARY PERIOD: This appointment may require completion of a one-year probationary period.
•SECURITY CLEARANCE: Entrance on duty is contingent upon completion of a pre-employment security investigation. Favorable results on a Background Investigation may be a condition of employment or selection to another position.
•DRUG TESTING: This position may be subjected to drug testing requirements.
•PERMANENT CHANGE OF STATION (PCS): Moving/Relocation expenses are not authorized.
•DIRECT DEPOSIT: All Federal employees are required to have Federal salary payments made by direct deposit to a financial institution of their choosing.
•This position is in the collective bargaining unit.


Qualifications
Qualifications
All qualification requirements must be met by the closing date of this announcement.
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
MINIMUM QUALIFICATION REQUIREMENT:
SK-13: Time-in-grade for this announcement is one year at the GS/SK-12 level.
SK-14: Time-in-grade for this announcement is one year at the GS/SK-13 level.
SK-13: Applicant must have at least one year of specialized experience equivalent to the GS/SK-12 level. Specialized experience includes the following: 1.Applying auditing, examination and/or investigative principles to review records related to the issuance, distribution or trading of securities, and the operational activities or internal controls/ risk management of financial entities such as financial management, structure, operations, and practices of credit rating agencies; AND
2.Developing recommendations and/or reports of findings; AND
3.Interacting with executive management, co-workers, and members of the securities industry to resolve issues.
SK-14: Applicant must have at least one year of specialized experience equivalent to the GS/SK-13 level. Specialized experience includes the following: 1.Reviewing and evaluating the procedures, practices, and records related to the financial management, structure, operations, and practices of Nationally Recognized Statistical Rating Organizations (NRSROs), self-regulatory agencies, investment companies, investment advisers, broker-dealers, OR any other entity registered with the SEC; AND
2.Analyzing corporate, municipal, financial institutions or structured finance securities and applying knowledge of the operations of an entity registered with the SEC, including procedures and methodologies; AND
3.Identifying and/or evaluating examination methodologies; AND
4.Performing and facilitating interviews with entities being examined and preparing analysis and/or reports on examination findings.


Other Information
N/A

Organization Description
The mission of the U.S. Securities and Exchange Commission is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The U.S. Securities and Exchange Commission strives to promote a market environment that is worthy of the public’s trust and characterized by transparency and integrity.

How to Apply
All applicants must apply online: https://go.usa.gov/xmVYb

Last Day to Apply
May 28, 2019

Manager, Quantitative Risk Management

Intercontinental Exchange

Chicago, IL

(posted 04/23/2019)

Job Description


The Manager, Quantitative Risk Management joins a team that researches, implements, prototypes, and supports state of the art pricing and risk management systems. The primary role for this position will be to support the creation of innovative pricing and risk solutions in a peer reviewed environment as well as analyze daily and real-time market information for industry leading over-the-counter credit derivatives clearinghouse. The analyst, must be results-oriented, self-motivated and have the ability to thrive in small teams and very fast-pace environments. This role requires frequent interaction with Risk Developers, Risk Managers, Quants and Senior Management. The candidate must have the ability to work independently; must have excellent verbal and written communication skills; must have excellent organizational skills and decision making ability.

Responsibilities

Validate and support quantitative models and methodologies
Support implementation and development of quantitative solutions for risk management
Provide detailed analysis and documentation of methods, techniques, and findings
Engage in innovative research tasks for the team and management
Investigate and manage large data sets
Validate and support risk management systems and reports
Knowledge and Experience
Post graduate degree in financial engineering, mathematical finance or similar (MS or PhD)



Qualifications
Excellent understanding of fixed income markets as well as credit and equity derivatives
3-5 years of direct experience in a quantitative role
3-5 years of scientific problem solving using software tools
3-5 years of experience using C#, Java, VBA or Matlab
3-5 years of experience using retrieving data from structured databased (SQL/Oracle)
Excellent ability to work under pressure, formulate and articulate solutions and defend assumptions
Excellent ability to solve real world business problems using quantitative and computational techniques
Excellent interpersonal, analytical, verbal and written communication skills
Excellent ability to communicate technical ideas to colleagues outside the domain
Excellent analytical and organizational skills with acute attention to details

Other Information
www.theice.com

Organization Description
Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company that operates global markets and clearing houses, and delivers information and technology designed to help companies around the world manage risk, access information and raise capital. We serve customers in over 70 countries with a team of world-class employees. We recruit passionate, knowledgeable professionals and offer a collaborative, results-oriented environment where they help build innovative solutions to help our customers thrive in global markets.

For us, the mission is simple: to leverage technology and information to solve our customers’ problems with a relentless focus on efficiency and ingenuity.

How to Apply
https://careers.intercontinentalexchange.com/jobs/manager-quantitative-risk-management-19

Last Day to Apply
06/13/2019

Financial Systems Analyst

Vantage Commodities Financial Services

New York, NY

(posted 04/10/2019)

Job Description
Financial Systems Analyst to provide services in New York County, New York. Develop quant fin products, fin software models & systems relating to compliance, valuation, risk assessment & billing in support of energy lending business. Program web apps & system integration interfaces w/ agile methods. Direct software system programming, testing, validations, documentation etc. Design & develop systems using scientific analysis & mathematical models to predict & measure outcome of design. Analyze & process complex data for energy sector from various 3rd party sources using SQL databases, Object Oriented Programming Languages, MS Excel/VBA Macros etc. Develop an understanding of the underlying trends affecting retail & renewable energy, commodities business in N.A. markets & design automated systems & algorithms. Managing & assisting in business valuations, fin models for investment transactions in Energy Service Companies/related firms. Operation & maintenance of Vantage proprietary SQL database & algorithms, pricing & risk calc, reporting functions & ODBC, VBA based interfaces. Scaling up the SQL database infrastructure & design efficient models for analysis of large datasets using OLAP. Working with the credit, risk & leg. teams to prep automated compliance & performance monitoring reports. Conduct soph fin data analysis to gain understanding of the investment criteria of Energy Service Companies/related firms. Collaborate with other data analysts, PMs & senior man. to provide & architect risk analytics, reporting mechanisms & business use cases. Doing due diligence on industries & potential client companies for seamless onboarding on tech & business platforms.

Qualifications
Master's in Management Information Systems required.

Organization Description
Vantage is a specialty finance company which provides cost effective and flexible financing solutions with a focus on the energy sector.

How to Apply
CVs: Vantage Commodities Financial Services, Attn: Anila Muho, Controller, 55 Fifth Avenue, Floor 13, Suite 1303, New York, NY 10003

Last Day to Apply
05/07/2019

Sr Quantitative Researcher

Confidential - Asset Management Firm

Confidential

(posted 04/10/2019)

Job Description
Overview

Our client seeks an experienced quantitative research analyst who will be responsible for conducting research into quantitative equity strategies and portfolio construction ideas. The ideal candidate should have the desire and the enthusiasm to play an active role in the management of different developed market strategies and help build out the quantitative equity franchise of the Company. The successful individual must be a strategic investor with a quantitative understanding of investing. Ideally, the successful candidate will understand why signals are put into their models and how to identify a quality company in a disciplined fashion.

This hire is part of a broader succession planning process to bolster and create a deep, experienced investment bench within the quantitative equities’ investment team. This individual will play a pivotal role within the investment team as the firm looks to continue its positive growth trajectory. The role will be required to primarily focus on conducting research in quantitative equity strategies and portfolio construction ideas; however, this position may also require getting involved in risk analysis as well. There are multiple strategies within structured equity: US Large Cap, Mid Cap, Small Cap, Market-Neutral; as well as some International portfolios – this will present the opportunity to contribute across the platform in a collaborative manner.

The Quantitative Research Analyst, Structured Equity will report to the Head of Structured Equities.

Primary responsibilities include:

• Researching enhancements to quantitative strategies.
• Identifying, evaluating and implementing enhancements to existing quantitative models. This will involve conducting extensive statistical / econometric modeling and back-tests.
• Independently identifying, researching, and modeling new quantitative signals useful for stock-selection in quantitatively driven equity portfolios.
• Conducting research and analysis on other investment topics such as portfolio construction and attribution.
• In addition, this position may require the individual to assist with presentations for marketing and senior management.


Qualifications
Qualifications:

The successful candidate will be a passionate investment professional with demonstrated technical competency in equity investing. Additional qualifications include:
• 5 - 6 years of experience as a Quantitative Equity Research Analyst, conducting empirical research in equities with large financial datasets.
• Minimum: Masters level education in finance / accounting (Ph.D. preferred)
• Fundamental perspective: Training in investments, capital markets, and experience in company/security analysis. Needs to be well versed in financial statement analysis.
• Significant experience in conducting empirical research and using large financial datasets and vendor software including: Compustat, Worldscope, IBES, Market QA, Factset, Barra Risk Model data. Research experience with alternative data sources a plus.
• Demonstrated strong quantitative skills – econometric modeling experience with SAS, MATLAB, etc. and hands-on experience handling / analyzing securities data.
• Demonstrated strong problem-solving skills: Successful portfolio optimizations / simulations require the ability to apply judgment in evaluating the reasonableness of portfolio solutions.
• Demonstrated multitasking ability and attention to detail.
• Well versed in portfolio construction techniques using commercial optimizers (like MSCI’s Barra Aegis).
• Demonstrated ability to work as a member of a team.
• Excellent communication skills.

Key Characteristics:

• Be excited and enthusiastic about his/her coverage area—passionate about investing.
• Be independent minded, creative and thoughtful while searching for new ideas, but disciplined and detail oriented in the analysis.
• Ability to thrive in a process-oriented environment.
• Team oriented, but outspoken and willing to challenge conventional thinking and/or entrenched processes.
• Have the ability to lead and influence team members through specific projects and other initiatives.
• Have the highest level of integrity, intellectual honesty and loyalty.

In summary, our client seeks an individual with high integrity, energy and ambition to impact the firm’s various structured equity strategies. He/She must be able to demonstrate a skill level beyond simply running a quant model – rather, this individual must be able to contribute to the structured equity platform based not only on quantitative research and factor-based modeling, but also bring a greater understanding of the macroeconomic environment and a fundamental knowledge of equity investing. The ideal candidate will be an experienced, skilled, investment professional who is driven, self-sufficient and has a desire to be a valuable part of a larger team.


Other Information
The Structured Equity products all use specifically designed proprietary quantitative techniques and risk management tools to construct portfolios that, over a market cycle, seek to deliver excess returns relative to their respective indexes. The Structured Large Cap Equity, Mid Cap Equity, Smallcap Equity seek to outperform the S&P500, S&P400, and the Russell 2000 benchmarks respectively.

The Structured US Market Neutral strategy uses a market-neutral approach whereby the long positions are offset by short positions, with the goal of eliminating equity market risk. The positions are created using quantitative valuation models in combination with robust risk management techniques. These risk-controlled portfolios seek to add value, over a market cycle, relative to the 3-month Treasury Bill index. In addition, the team also manages a Global Ex-US Structured Smallcap Strategy vs the MSCI AC World ex US Small Cap index.


Organization Description
Our client is a highly-regarded investment management firm, employing over 120 employees with nearly $30 billion in assets under management. Spanning both traditional and alternative asset classes, the firm’s broad product offering includes global investment strategies that combine valuation and risk control disciplines to produce risk-efficient excess returns that satisfy their client’s investment objectives. Products managed include: U.S. Large Cap, Mid Cap, Small Cap, EAFE, and Emerging Markets equities. The firm’s global fixed income products cover U.S. International and Emerging Markets. Our client also invests in private market assets, including private equity and real estate, and provides global asset allocation strategies. They apply systematic, valuation sensitive approaches to achieve superior investment performance consistent with its clients’ objectives.

How to Apply
Please contact Phil Uranga at Kingsley Gate Partners with a copy of your resume to discuss the opportunity.

Last Day to Apply
May 2019