in Cook - Chicago, IL
Job Description
PPM America, Inc. in Chicago, Illinois; 40 hrs/wk (OT as req.); 8:30-5, M-F. Employer paid ad. Submit resumes to https://jackson.wd1.myworkdayjobs.com/PPMA_Careers. Incl. Ref. # 000150230-0004 w/ resume. PPM America, Inc. is an equal opportunity employer.
Quantitative Research and Risk Associate – Assist in securities modeling and data troubleshooting with third-party analytics system; Online research support for the quant team, gathering research papers, data, models, etc.; Vendor interface, support Quant team in dealing with vendors; Data validation, the Quant team will define the validation process that will need to be carried out; work on creating management information (MI) as needed for monthly risk meetings; use MATLAB database tool to query data from in-house database; preprocess data for building analytical models, including data cleaning and data wrangling; support senior risk managers by translating their reporting ideas into actionable MI, from data acquisition to design of visualization to full automation; maintain MATLAB scripts for in-house credit loss model to simulate financial risk given probability of credit migration and default; create and continually enhance risk management dashboard in PowerBI to monitor risk positioning, create risk measures and analytical measures in PowerBI report using DAX codes; Build Python models to support performance attribution reporting; maintain performance attribution visualization dashboard, understand the Brinson Attribution model; build data models, write DAX codes and create visualizations in Microsoft in PowerBI; maintain Excel models built with Microsoft Power Query Editor. Required: Master of Science degree in Finance, Analytics, Business Administration or foreign degree equivalent; 6 months work experience Quantitative Analyst, Quantitative Associate, Risk Analyst, or combination; 6 months work experience must include work with MATLAB; Monte Carlo Simulation; Excel VBA; and data query or MS Power Query Editor; and MS Power BI or Spotfire.
.
