Cross Margin Quantitative Model Developer Hybrid

Genesis10 is currently seeking a Cross Margin Quantitative Model Developer - Hybrid position with a Global Financial Institution located in Charlotte NC. This is a 12 month contract opportunity.

We are seeking a highly analytical Quantitative Model Developer with strong Python engineering skills and deep familiarity with cross margining concepts within prime brokerage and capital markets. This role focuses on enhancing and maintaining counterparty credit risk models with an emphasis on mathematical rigor cross product methodology development and hands-on coding. The ideal candidate has a strong mathematical foundation the ability to derive formulas identify methodological gaps and improve model implementations while working closely with junior team members business partners and technology stakeholders.

Responsibilities:

• Develop enhance and maintain counterparty credit risk models related to cross margin methodologies
• Derive analytical formulas validate assumptions and identify gaps in existing implementations
• Improve or replace outdated models using modern stochastic and capital markets modeling techniques
• Support modeling across a range of complex financial products including equity swaps metals energy derivatives and convertible bonds
• Lead the build out and integration of Python-based quantitative libraries to support model development and validation activities
• Produce robust prototype models and partner with technology teams to transition them into production
• Utilize generative AI development tools (e.g. Copilot) to increase coding efficiency and automation
• Communicate clearly with model owners business partners technology teams auditors and project managers
• Help translate business requirements into quant/model specifications and documentation
• Provide coaching and technical guidance to junior team members on both modeling and cross margin concepts
• Respond quickly to urgent model requests driven by high-impact cross margin exposures

Requirements:

• 5 years of Quantitative Analytics experience or equivalent demonstrated through one or a combination of the following: work or consulting experience training military experience education
• Expert level Python with the ability to build structure and maintain quant libraries
• SQL expertise with the ability to query and manipulate large datasets
• Strong numerical skills and experience with stochastic modeling and capital markets models
• Ability to derive mathematical formulas and implement them programmatically
• Strong understanding of cross margining concepts in prime brokerage or derivatives clearing
• Ability to identify and correct model gaps inconsistencies or legacy issues
• Solid foundation in probability statistics and stochastic processes
• Experience using AI-assisted coding tools (Copilot or similar)

Desired skills:

• Experience in prime brokerage or margin methodology design
• Prior work with counterparty credit exposure models (e.g. PFE EE EAD)
• Familiarity with equities commodities energy and structured derivative products

Pay range: $71.88 - $79.88 per hour

Only candidates available and ready to work directly as Genesis10 employees will be considered for this position.

If you have the described qualifications and are interested in this exciting opportunity please apply!

Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years Genesis10 puts thousands of consultants and employees to work across the United States every year in contract contract-for-hire and permanent placement roles. With more than 300 active clients Genesis10 provides access to many of the Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals.

For contract roles Genesis10 offers the benefits listed below. If this is a perm-placement opportunity our recruiter can talk you through the unique benefits offered for that particular client. Benefits of Working with Genesis10:

• Access to hundreds of clients most who have been working with Genesis10 for 5-20 years.
• The opportunity to have a career-home in Genesis10; many of our consultants have been working exclusively with Genesis10 for years.
• Access to an experienced caring recruiting team (more than 7 years of experience on average.)
• Behavioral Health Platform
• Medical Dental Vision
• Health Savings Account
• Voluntary Hospital Indemnity (Critical Illness & Accident)
• Voluntary Term Life Insurance
• 401K
• Sick Pay (for applicable states/municipalities)
• Commuter Benefits (Dallas NYC SF and Illinois)

For multiple years running Genesis10 has been recognized as a Top Staffing Firm in the U.S. as a Best Company for Work-Life Balance as a Best Company for Career Growth for Diversity and for Leadership amongst others. To learn more and to view all our available career opportunities please visit us at our website.

Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran.