LHH Recruitment Solutions is seeking a Senior Quantitative Analyst for our client in Jersey City, NJ.. Our client is a top-tier Bank, and the ideal candidate will lead data governance for historical market data supporting VaR and SVaR calculations, partner with risk managers and technology teams to improve risk management processes and support design, testing, and monitoring of market risk models and processes.

Senior Quantitative Analyst

Description:

We are seeking a Senior Quantitative Financial Analyst with strong technical and analytical skills to manage large datasets and lead data governance for historical market data used in calculating Value at Risk (VaR), Stressed VaR (SVaR), and other critical market risk metrics.

This role involves close collaboration with Market Risk Methodology, Line of Business Risk Managers, and Technology teams to enhance risk management capabilities and support the implementation, testing, and rollout of VaR/S-VaR models.

Responsibilities

• Lead data governance for historical market data supporting VaR and SVaR calculations.

• Partner with risk managers and technology teams to improve risk management processes.

• Support design, testing, and monitoring of market risk models and processes.

• Ensure completeness and accuracy of market risk models and system requirements.

• Communicate portfolio impact analysis and process changes to stakeholders.

• Provide oversight on quantitative risk implications of regulatory changes and new products.

• Enhance market risk models to reflect evolving business environments.

Required Qualifications & Experience:

• 7–10 years in quantitative financial analysis or related roles.

• Education: Master’s degree (MBA/MS) in Finance, Economics, Accounting, Computer Science, or a quantitative discipline.

• Technical Skills:

• Advanced understanding of mathematical principles underlying risk models.

• Proficiency in SQL and Python for financial time series analysis.

• Strong Excel and PowerPoint skills.

• Knowledge:

• Market data infrastructure, data flows, and risk systems.

• Key risk drivers at product, business, and firm-wide levels.

• Soft Skills:

• Ability to provide pragmatic solutions and innovative thinking.

• Strong communication skills for liaising with risk managers and stakeholders.

Additional Notes

• Candidates must be comfortable with operational aspects of Market Risk, including design, testing, and monitoring processes.

• Bilingual skills (English/Spanish) may be advantageous if supporting Mexico transactions.

Equal Opportunity Employer/Veterans/Disabled

To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy

Benefit offerings include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits, and 401K plan. Our program provides employees the flexibility to choose the type of coverage that meets their individual needs.

Benefit offerings available for our associates include medical, dental, vision, life insurance, short-term disability, additional voluntary benefits, EAP program, commuter benefits and a 401K plan. Our benefit offerings provide employees the flexibility to choose the type of coverage that meets their individual needs. In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other paid leave required by Federal, State, or local law, as well as Holiday pay where applicable.

Equal Opportunity Employer/Veterans/Disabled

Military connected talent encouraged to apply

To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy

The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act
• Los Angeles City Fair Chance Ordinance
• Los Angeles County Fair Chance Ordinance for Employers
• San Francisco Fair Chance Ordinance

Massachusetts Candidates Only: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.