Quantitative Associate, OTC Derivatives

NFA is purpose-driven. We safeguard the integrity of the derivatives markets, protect investors and ensure that our Members meet their regulatory obligations. We take pride in our work; maintain a conviction to do the right thing; empower each other; and support our community. Envision your career in a place where performing critical regulatory work within the financial industry is as significant as the passionate and talented individuals with whom you work.

When you join NFA as a Quantitative Associate, you will gain unique insight into the global derivatives industry and its regulatory framework, utilizing your critical thinking, data analysis skills and risk assessment mindset every day.

Bring your analytical and innovative skills. Bring your thirst for knowledge and learning. Bring a healthy skepticism and an eye for detail.

What you'll do:

You'll join a high-performing team of dedicated analysts who ensure that models presented by NFA Members are coherent. Specifically, your responsibilities will include:

• Validating conceptual model assessments and implementation.
• Inputting data validation and performing back testing and benchmark testing.
• Identifying model limitations and evaluating their materiality.
• Providing guidance to NFA Members to improve model design, implementation, output reporting, documentation and governance.

What we're looking for:
Team-oriented individuals thrive in this collaborative, analytical role. If you're eager to apply your quantitative abilities to serve a public good-supporting the integrity of the derivatives markets-and meet the qualifications below, we encourage you to apply to join our team as a Quantitative Associate.

• Advanced degree in a quantitative field (e.g. mathematical finance, mathematics, statistics or related fields)
• Two or more years of experience in quantitative areas, model validation, risk management at a financial institution, commodity or energy firm, or regulatory agency
• Detailed knowledge of OTC derivatives and underlying markets, pricing models, sensitivities, valuation methods and risk management measures
• Excellent oral and written communication skills
• Strong analytical, decision-making and problem-solving skills
• Familiarity with capital requirements and model risk management, preferred
• Familiarity with Dodd-Frank Wall Street Reform Act regulations is a plus

Salary range: $108,000 -$190,100

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.