Job Openings Model Risk Quant Developer -Chicago, IL -Hybrid

About the job Model Risk Quant Developer -Chicago, IL -Hybrid

  • Model Risk Quant Developer -Chicago, IL - Hybrid

FinTrust Connect Chicago IL Hybrid

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Join our Talent Community for Chicago. The city shows steady contractor demand for quantitative developers who can partner with model risk and front office teams to ship production grade analytics and testing frameworks. 

Requirements

  • 5 to 9 years in quant development or model engineering
  • Python expert with strong software engineering practices and Git based workflows
  • Experience packaging analytics for production use and validator reruns
  • Knowledge of market or credit or liquidity risk modeling techniques
  • Familiarity with CI and CD and containers and artifact registries

Responsibilities

  • Engineer model libraries and challenger models with clear APIs and documentation
  • Build scenario and sensitivity engines and quality checks for inputs and outputs
  • Maintain continuous testing and nightly backtests with alerts and dashboards
  • Work with stakeholders to translate regulatory asks into code and evidence

Outcomes we track

  • Nightly validation jobs success 99% with auto rerun and notify

  • Mean time to reproduce validation results < 1 hour

  • Repeat findings over two consecutive cycles 0

Compensation and terms

  • Consultant pay $100 to $165 per hour

  • Contract -Hybrid -Chicago, IL or Remote US W2 or 1099

How to apply

Keywords
Model Risk, Quant Developer, Python, Risk Analytics, CI CD, Unit Tests, Benchmarking, Challenger Models, SR 11 7, Data Lineage, Docker, Chicago