New 
Quantitative Risk Engineer
 Tata Consultancy Services | |
$100,000 - $125,000
| |
sick time, 401(k)
| |
 United States, New Jersey, Jersey City | |
 Oct 28, 2026 | |
|
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: o Repo / Reverse Repo o Government Bonds o Corporate Bonds o Interest Rate Derivatives o Total Return Swaps (TRS) * Strong understanding of: o Risk calculations and exposure measurement o Bond pricing and yield curve analytics o Interest rate sensitivity (DV01/PV01) o Funding and financing risk o Scenario analysis and stress testing * Advanced Python development skills with expertise in: o Python o Pandas o NumPy o 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
Location
Jersey City, NJ
Function
TECHNOLOGY
Role
Engineer
ID
431298
Skills
Data Analytics | Python
Salary Range
$100,000 - $125,000 Desired Candidate Profile
Qualifications BACHELOR OF COMPUTER SCIENCE | |