Jefferies hiring Fixed Income Market Risk Quantitative Analyst in New York, NY | LinkedIn (2024)

Job DescriptionJefferies is seeking a quantitative analyst / risk modeler with 3-5 years of financial industry experience to join the Risk Analytics team. The main focus of this position is on Market Risk modeling for fixed income derivative products.

Core Responsibilities:

• Acting as the SME and liaising with front office, technology, and market risk managers to implement, review, and signoff on new risk models and existing model upgrades. Making key analytical decisions in regards to market risk modelling for interest rate and FX derivatives.
• Assessing appropriateness of the market risk model outputs by performing time series review, VaR backtesting, PLA test, pricing model benchmark, and stationarity tests. Explaining backtesting breaches. Quantifying the materiality of any model limitations (e.g. RNIV).
• Documenting model implementation details, tests, and findings for model validation review, in accordance with Firm’s Model Risk Management policies and framework.

Qualifications:

• Strong background in market risk models and methodologies (e.g. time series analysis, VaR methodologies and backtesting), with 3-5 years of previous experience in a quantitative role at a financial institution.
• Good understanding of fixed income pricing models and products.
• Strong programing skills and data handling skills in SQL and R/Python (ability to wrangle large data sets, implement statistical tests, and perform data analysis on test results).
• Excellent communication and presentation skills (ability to engage in concise, effective discussions).
• Excellent written skills (ability to produce well-structured technical model documentation).
• Ability to work without significant direct supervision.
• Knowledge of Numerix and/or Bloomberg a plus.

The salary range for this role is $110,000-$130,000.

About UsJefferies Financial Group Inc. (‘‘Jefferies,’’ ‘‘we,’’ ‘‘us’’ or ‘‘our’’) is a U.S.-headquartered global full service, integrated investment banking and securities firm. Our largest subsidiary, Jefferies LLC, a U.S. broker-dealer, was founded in the U.S. in 1962 and our first international operating subsidiary, Jefferies International Limited, a U.K. broker-dealer, was established in the U.K. in 1986. Our strategy focuses on continuing to build out our investment banking effort, enhancing our capital markets businesses and further developing our Leucadia Asset Management alternative asset management platform. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia.

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity employer, and takes affirmative action to ensure that all qualified applicants will receive consideration for employment without regard to race, creed, color, national origin, ancestry, religion, gender, pregnancy, age, physical or mental disability, marital status, sexual orientation, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.

All employees must follow Jefferies’ COVID-19 protocol policy , which is subject to change.