Quantitative Modeler, Vice President
External
Blackrock · Budapest, HungaryFull-timeHybrid1w ago
DocumentationGitLinuxPythonRisk Management
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About the role
Model Governance, for Single Security Pricing, is a global team across NY, Budapest and Gurgaon(India). We develop methodologies, thresholds and boundary conditions, primarily, for Fixed Income Derivative Models. These are then implemented as daily tests to grade model performance on a monthly/quarterly basis.
Responsibilities
- Understand the implementation of Fixed Income Derivative Pricing Models, written in C++: yield curve, inflation, FX and volatility derivative models.
- Quantitative Modeling: Analyze model output, time-series to define correctness criteria and thresholding to be measured every day. Implement such tests in Python.
- Interact with Model Risk Management to get Model Performance Monitoring Tests approved.
- Model Infrastructure: Reporting Infrastructure for Model Breaches, Infrastructure for monitoring overnight performance tests
- Model Documentation
- AI: LLM project for Model Governance.
- What We Looking For
- A master's degree in a Quantitative
- Required experience: 5+ years in a quant/quant-dev finance with strong programming skills
- Required skills: Advanced hands-on Python-programmer, Basic C++ coding skills, Expertise with Software Engineering Tools/Platforms - Git/LINUX
- A Passion for Programming: Programming is at the heart of everything we do. You must enjoy it to succeed on this team.
- An Analytical Frame of Mind: Analysis of model methodology, quantification of choices is needed at every step. So we're looking for somebody who already spends time keeping themselves up to date on quant, finance, and technology topics.
- Excellent Communication Skills: You will be expected to explain complex concepts to non-technical people in simple, intuitive terms.
Benefits
Our hybrid work modelGuidance on AI use for candidatesAbout BlackRockThis mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.To learn more about BlackRock, please visit Careers.BlackRock.com . We also encourage you to get to know us on LinkedIn , Instagram , YouTube , X , and TikTok .BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.Health insuranceFlexible schedule
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