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Algorithmic Trading Model Validation - Algorithmic Trading Model Validation - VP

  • Location: New York
  • Salary: $160,000 basic + bonus
  • Job type: Permanent
  • Job reference: 171448
  • Sector: Quant Analytics
Job Description

Barclay Simpson are representing the Global Head of Model Risk Management of a prestigious top-tier Investment Bank, who is seeking to recruit an Algorithmic Trading Model Validation VP. The successful candidate will have a quantitative background and will assume ownership of the validation of algorithmic trading models a wide variety of asset classes / business lines.

Key Duties

  • Review of the testing framework for algorithmic trading models
  • Assessing the performance of models including highlighting their risks and limitations
  • Validation of the mathematical model used by the algorithmic trading models
  • Managing validation workflow
  • Assisting with regulatory and/or audit related enquiries

Requirements

  • Master’s degree gained in a quantitative field (quant finance, mathematics, econometrics …etc.)
  • Solid experience gained in either time series analysis, optimization, machine learning, statistics …etc.
  • Experience of working in a quantitative capacity within algorithmic trading
  • Excellent knowledge of programming language – e.g. Python or R
  • Knowledge of financial markets and products in FX, Equities, Credit, Commodities or Rates
  • Excellent verbal and written communication skills
  • Ability to work in a fast-paced environment managing multiple stakeholders and conflicting deadlines
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