Essential Job Functions
Work on quantitative risk projects, investment strategy research and UI configurations for visualization (i.e., develop new applications such as Allocation Menu, Regulatory Guideline Check Workflow, Corporate Credit Deselection tool, Derivative Rule). Support the senior members of the Risk Management team on various projects and initiatives related to the implementation and monitoring of market and liquidity risk across GPIM. Develop automatic calculation workflow for data integrity review and regulatory guideline checks. Develop quantitative risk calculation libraries (QRF) for several key Risk Team initiatives including Bank Loan analytics, Libor Transition, Allocations, Credit Deselection Tool, Vega Roll and GS Gamma Models. Further enhance computational frameworks to support cloud-based distributed computation including Apache Spark and DASK frameworks. Leverage risk modeling platforms such as BlackRock Aladdin, Bloomberg PORT and proprietary systems to quantify risk exposure to interest rates, credit spreads, equity, foreign exchange, commodity and macroeconomic factors. Analyze risk factor returns, volatility and correlation structure to calibrate models to historical distributions and identify tail-risk events under the various stress case scenarios. Assist with monthly and quarterly reports production. Enhance the automation of risk quantification and scenario stress testing process to reallocate efforts towards value-added, what-if risk analysis. Work with investment and trading teams to implement and institutionalize risk management infrastructure while utilizing internal resources from Information Technology Team.
Position is fixed location based in New York, NY office; however, telecommuting from a home office may also be allowed.
Preferred Qualifications
Experience may be gained concurrently and must include two (2) years in each of the following:
- Programming in quantitative investment modeling using Python, MATLAB, R, TSQL, or MS Excel VBA
- Risk management modeling experience covering fixed income, equity, and alternatives, including derivative and structured products
- Experience in finance/accounting, project management, or technology industries.
Basic Qualifications
Requires a Master’s degree in Statistics, Financial and Risk Management, Computer Science, Financial Engineering, Quantitative Finance or a directly related field plus 2 years of Experience as a Risk Analyst or any occupation/position/title involving experience in investment risk management, investment management, computational finance, or quantitative modeling.
Salary Details
Annual base salary $128,211.
The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.
About Us
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with expertise in fixed income, equity, and alternative strategies. We focus on the return and risk needs of our diverse client base that includes insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, wealth managers, and high net worth investors.
#Guggenheim Investments is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimInvestments.com and follow us on LinkedIn.
