Managing Director, Market Risk Quant
Hiring Company

The hiring company name is
confidential for this listing.
About the Role
Greater Chicago, IL Area (On-site)
The Company is seeking a Managing Director to lead its Market Risk Modeling group. The successful candidate will be instrumental in the development, enhancement, and governance of market risk models that support regulatory capital, risk measurement, and quantitative analytics in a global markets environment. This leadership role involves significant interaction with senior stakeholders across various functions, including risk, capital, technology, model risk management, and regulatory affairs. The team is responsible for the full lifecycle of market risk models, from design and implementation to performance assessment, and the role includes driving model enhancements to ensure robustness and transparency in line with regulatory expectations. Applicants for this position should have a Master's or PhD in a quantitative discipline and at least 10 years' of experience in market risk modeling, quantitative research, or a related field. A strong background in market risk modeling, derivatives pricing, and statistical analysis is essential, as is advanced programming experience in Python. The role requires a deep understanding of value-at-risk, market risk methodologies, and regulatory capital frameworks, as well as experience in model development and governance processes. The ideal candidate will be adept at communicating complex quantitative concepts and will have a proven track record of partnering with cross-functional teams to meet model governance and regulatory requirements.
Functions:
- Finance
- Data Management/Analytics
Compensation
USD $250,000-$325,000 (salary) per year
About the Company
Leading American investment bank focused on market risk modeling and quantitative analytics
Industry
Investment Banking
Type
Public Company