Quantitative Risk Engineer

Job Description

Must Have Technical/Functional Skills

• 10\+ years of experience in Quantitative Development, Risk Analytics, Front Office Risk Technology, or Capital Markets Risk Platforms.
• Strong knowledge of Fixed Income products, including:
• Repo / Reverse Repo
• Government Bonds
• Corporate Bonds
• Interest Rate Derivatives
• Total Return Swaps (TRS)
• Strong understanding of:
• Risk calculations and exposure measurement
• Bond pricing and yield curve analytics
• Interest rate sensitivity (DV01/PV01)
• Funding and financing risk
• Scenario analysis and stress testing
• Advanced Python development skills with expertise in:
• Python
• Pandas
• NumPy
• Data analysis and numerical modeling
• Strong analytical, troubleshooting, and root cause analysis skills.
• Experience investigating risk, valuation, and exposure discrepancies.
• Ability to reconcile outputs across risk systems, trading platforms, and finance calculations.
• Strong understanding of market data, curves, trade lifecycle events, and their impact on risk calculations.
• Experience working directly with traders, desk quants, risk managers, and finance users.
• Excellent communication and stakeholder management skills. Good to Have Skills
• Experience with Quartz or similar front-office risk and analytics platforms.
• Experience in Capital Markets, Fixed Income Trading, or Financing businesses.
• Knowledge of risk attribution, explainability, and quantitative analytics frameworks.
• Exposure to enterprise risk platforms and front-office technology environments.

Roles \& Responsibilities

• Enhance and support a Fixed Income and Financing Risk Platform focused on Repo business and risk analytics.
• Investigate unexplained risk, valuation, and exposure movements across trading and risk systems.
• Perform reconciliation between risk systems, trading platforms, and finance calculations.
• Conduct root cause analysis of incorrect or unexpected risk and valuation results.
• Analyze the impact of market data changes, yield curve movements, trade amendments, and booking issues on risk calculations.
• Work closely with traders, desk quants, risk managers, and finance teams to explain and resolve risk-related issues.
• Develop and enhance risk analytics, attribution, and explainability capabilities.
• Validate and challenge risk and valuation calculations to ensure analytical accuracy.
• Debug complex calculation issues across multiple systems and data sources.
• Design and implement analytical solutions using quantitative and risk domain expertise.
• Support production issues, troubleshooting, testing, and continuous platform improvements.

TCS Employee Benefits Summary

Discretionary Annual Incentive.

Comprehensive Medical Coverage: Medical \& Health, Dental \& Vision, Disability Planning \& Insurance, Pet Insurance Plans.

Family Support: Maternal \& Parental Leaves.

Insurance Options: Auto \& Home Insurance, Identity Theft Protection.

Convenience \& Professio nal Growth: Commuter Benefits \& Certification \& Training Reimbursement.

Time Off: Vacation, Time Off, Sick Leave \& Holidays.

Legal \& Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.

Salary Range: $100,000 - $125,000 a year

Qualifications:

BACHELOR OF COMPUTER SCIENCE