Quantitative Analyst Developer-Advanced - 179480-1

This role is centered on the design, implementation, testing, and deployment of rate and spread product models within the client's current and future analytical environments, with a significant focus on securitized products. The successful candidate will leverage their strong quantitative skills and programming expertise to deliver robust analytical solutions and provide critical support to trading, risk management, and product control teams.

Duration: 12 months (with potential extension)
Location: Downtown Toronto
Work Arrangement: Hybrid

Advantages
This contract offers an excellent opportunity to take ownership of key analytical projects in a dynamic financial setting. You will be instrumental in the end-to-end development life cycle of critical financial models.
Impactful Work: Design and implement core rate and spread product models, heavily focusing on securitized products.
Exposure: Direct collaboration with traders, risk managers, and product controllers.
Growth: Enhance your expertise in quantitative finance, model documentation, validation, and performance tracking.

Responsibilities
Design and Development: Designing, implementing, testing, and rolling out rate and spread product models, particularly those related to securitized products, into the analytical environment.
Stakeholder Support: Assisting traders, risk managers, and product controllers in understanding the models and interpreting model outputs.
Documentation & Compliance: Preparing detailed ** model documentation** and managing validation submissions to ensure regulatory and internal compliance.
Performance Monitoring: Tracking and reporting on model performance post-implementation.

Qualifications
Must-Have Requirements
Education: A Ph.D. or Master’s degree in a quantitative field such as mathematics, statistics, physics, or computer science.
Experience: 5-9 years of relevant industry experience.
Technical Knowledge: Solid knowledge of financial instruments and derivatives, including securitized products, bonds, IR swaps, futures, and options, as well as related pricing and risk management models.
Programming Proficiency: Proficient in at least one of the following programming languages, which will be used for model implementation and analytical tasks:
Python (preferred)
C++
C#

Skills: Excellent analytical skills and demonstrated ability to be a fast, self-motivated learner who takes ownership of projects and deadlines.

Nice-to-Have Requirements
Industry Tools: Knowledge of financial software packages such as QRM, PolyPaths, and Intex is a plus.
Market Context: Broad knowledge of financial markets and regulations.
Experience: Experience in asset liability management (ALM).

Summary
This is a high-impact contract opportunity for a skilled Quantitative Analyst Developer with deep expertise in financial modeling, especially securitized products. If you possess a strong quantitative background, proven programming skills (ideally Python), and a desire to deliver essential analytical solutions in a hybrid work environment in Downtown Toronto, we encourage you to apply.

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.