QRM Professionals - Heitmeyer Consulting : Job Details

Heitmeyer is looking for Quantitative Risk Management (QRM) professionals for various roles listed below:

Objective: To enhance the bank's risk management framework by implementing advanced quantitative techniques and models. This project aims to improve the accuracy of risk assessments, optimize capital allocation, and strengthen regulatory compliance.

Key Roles and Responsibilities:

Quants:

• Create and refine mathematical models to analyze historical data, identify patterns, and forecast future market movements.
• Collect and analyze large datasets from various sources, including financial news, economic indicators, and historical market data.
• Assess and quantify the risks associated with different investment strategies.

Quantitative Analyst:

• Develop and validate statistical models for credit, market, and operational risks.
• Perform stress testing and scenario analysis to assess the bank's resilience to adverse market conditions.
• Calibrate and back test models to ensure accuracy and reliability.
• Contribute to the development and implementation of risk management policies and procedures.

Model Validation Analyst:

• Independently review and challenge the assumptions, methodologies, and outputs of quantitative models.
• Assess the model's limitations and potential biases.
• Conduct back testing and stress testing to evaluate model performance.
• Document the model validation process and findings.

Risk Data Analyst:

• Collect, clean, and transform large volumes of risk data from various sources.
• Develop data quality checks and data governance procedures.
• Analyze data to identify trends, patterns, and anomalies.
• Support the development of data-driven risk insights.

Risk Reporting Analyst:

• Design and develop reports to communicate risk information to senior management, regulators, and other stakeholders.
• Create visualizations to present complex risk data in a clear and concise manner.
• Automate reporting processes to improve efficiency.

Project Manager:

• Oversee the project timeline, budget, and resource allocation.
• Manage project risks and dependencies.
• Facilitate communication and collaboration among team members and stakeholders.