Vice President Quantitative Strategist - Wealth Management

A new lead in NYC is looking to grow their Private Wealth Management team at a tier one investment bank. This person has been with the business 20+ years and is looking to bring on a Quantitative Strategist to help support the desk for this growing team. The role sits within an established team which is supporting wealth management, covering a wide range of financial products including bank deposits, mortgage lending, retail and margin lending, and investments. This opportunity is perfect for a candidate who is ready to step into a fast paced, collaborative environment and work under the guidance of some of the top quantitative leaders in the industry.

This front office, investment facing role will focus on:

• PnL attribution & risk analysis
• Develop econometric models used for forecasting product revenues
• Development and deployment of production model code
• Enhancing pricing, risk, and balance projection libraries
• Tool development for fixed income products
• Preparing monthly model performance metrics reports
• Monitor and analyze the effectiveness of current balance sheet, valuation, and risk models, and make enhancements as needed.

What they're looking for:

• 3+ years of experience in a similar role
• Very strong technical proficiency in both Python and C++
• Advanced degree (MS/PhD) in a quantitative field (e.g., Financial Engineering, CS, Math, Physics) from a top tier university
• Front office experience in mortgages or credits (Agency CMO, Consumer ABS, CMBS, CLO, Non-Agency Mortgages, Personal Loans)