Quantitative Analyst, Assistant Vice President
State Street
- Hangzhou, Zhejiang
- Permanent
- Full-time
- This role is expected to support the end-to-end process of data analysis, model implementation, result analysis, and ongoing monitoring of scenario and deposits models;
- Provide support for development and documentation of parameter inputs used in SSC’s CCAR, Basel, Liquidity Stressed Testing, deposits forecasting and etc.
- Conduct econometric, behavioral and statistical analysis of scenario design and deposits modeling
- Perform back-testing, sensitivity analysis, and stress testing of model parameters
- Critically review regulatory mandates and develop methods to estimate model parameters that meet regulatory requirements
- Produce technical documents and present results to internal (senior management and business experts) and external (regulators) audience
- Work with the information technology group to document business requirements and facilitate seamless deployment in production environment
- Work closely with business units outside CMAO to ensure that quantitative models truly reflect SSC’s risk profile and business practices
- Master’s degree from top ranked universities required (preferably in financial engineering economics, computer science, mathematical finance, and etc.), PhD from top ranked university preferred
- 5+ years of solid model, object-oriented or functional programming and design experience (Python, R, SQL and etc.).
- Behavioral, regression, simulation and other modeling experience
- Solid background in mathematics including but not limited to statistics, probability theory, linear algebra, stochastic calculus, etc.
- Familiarity with major financial instruments, market data, investment and risk management concept is a plus
- A demonstrated ability to work independently on complex projects as well as the ability to manage projects/key stake holders in a fast-paced, high-energy level environment
- Excellent work ethics