New Opportunites on the Market

POSITION BRIEF


Position Title: CMBS Quantitative Analyst – Risk Management

Location: New York, New York

Qualified Applicant may submit their CV to : Srusche@ccgsearch.com for consideration

Client Info:

We represent one of the top international investment banks in the world. It maintains a dominant position globally in Fixed Income, Equity, Asset Management, and Investment Banking arenas. It backs its presence with more than $1 billion in capital and more than 1,000 employees in New York.

Responsibilities:

The Risk Quant Group is responsible for developing efficient and robust risk reporting processes. The continuing expansion and growing complexity of the firm’s commercial mortgage business has resulted in the need for an experienced CMBS Quantitative Analyst with specific expertise in securitized products and credit derivatives. Reporting to the Head of Risk Quant Group, he /she will be responsible for the following:

Developing and refining CMBS risk and valuation models such as VaR and stress tests for the measurement of the market and credit risk. This will involve designing and implementing tests to identify risk factors for relevant trading portfolios and building models to capture the economic and statistical characters of the risk factors;

Reviewing and validating all analytic models used in trading and risk management to ensure that model risks are correctly identified, assessed and captured;

Maintaining and updating the documentation of methodologies used to measure market risk, potential credit exposure and model validation;

Working closely with risk managers, business units and product controllers to provide required quantitative supports; and

Assisting in the formulation of the risk model related policies.

QUALIFICATIONS

The successful candidate will possess the following:

Strong quantitative background;

Masters or higher degree in a quantitative discipline is strongly desired;

Experience with MBS, CMBS and ABS market products preferred;

Proactive and results oriented with strong communication and project management skills;

At least 5 years experience in risk management, trading or portfolio management;

Extensive knowledge of financial products and their valuation methodology; and

Good quantitative modeling skills including programming and coding skills.