Quantitative Model Developer

Quantitative Model Developer

BCforward is currently seeking a highly motivated Quantitative Model Developer opportunity in Reston, VA!

Position Title: Quantitative Model Developer

Location: Reston, VA

Anticipated Start Date: 10/06

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 12+ months contract + Renewable

Job Type: [FULL TIME (>%3D40 HRS WEEKLY) [CONTRACT], [HYBRID]

Pay Range: $55 - $60/hr

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Description:
Strong Modeling Knowledge
Hands on Exp with Potential Future Exposure (PFE) methodologies for counterparty credit risk.
Understanding of interest rate modeling using time series techniques.
Basic understanding of derivative pricing and exposure dynamics.
Exposure to macro risk factor models relevant to mortgage portfolios.

Soft Skills
Strong analytical and problem-solving skills with attention to detail.
Ability to clearly communicate results and technical design to both modelers and business stakeholders.

Education/Experience
Master's in Data Science, Computer Science, Applied Math, or Financial Engineering; or Bachelor's in same fields with 5+ years of quantitative model development experience in Python, SQL.

Technical Skills
Hands on Exp in Python with strong experience using quantitative/statistical packages (NumPy, pandas, SciPy, stats models, scikit-learn, Quant Lib).
Strong SQL skills for working with large mortgage/loan datasets.
Ability to design, implement, and optimize Monte Carlo simulations and time-series models.
Experience building, testing, and maintaining production-ready Python/Shell code with Git, unit testing, and CI/CD.
Hands on experience with AWS services like Amazon S3, AWS Lambda, AWS Batch, AWS Glue, AWS EMR, Cloud watch and IAM , EC2
Focused on manipulating data in a software engineering capacity. Some of that data might live in relational systems, but it's increasingly moving towards NoSQL systems and data lakes. Normalize databases and ascertain the structure of the data meets the requirements of the applications that are accessing the information. Construct datasets that are easy to analyze and support company requirements. Combine raw information from different sources to create consistent and machine-readable formats. Skills: This IT role requires a significant set of technical skills, including a deep knowledge of SQL, data modeling, and tools like Spark/Hive/Airflow.

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

Keywords:

Quantitative Model

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 243947 when responding to this ad.

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