Title: Quant Developer/ Analyst
Location: Jersey City, NJ/Pittsburgh, PA (Hybrid)
Type: Contract C2C
Job Description:
- Knowledge: Linear Algebra, statistics, and time series analysis
- Technical: Proficient in Quants, Python, Analytics
- Experience implementing analytics in risk/calc engine to generate valuation, return and 1st order risk measures.
- Good understanding of equity and fixed income products, Exchange traded derivates, portfolio analysis, fund accounting, and NAV calculation.
Key Responsibilities:
- Simulation and Analysis: Conducting simulations using specialized software to analyze product behavior under different conditions.
- Performance Evaluation: Assessing factors like load capacity, stability, and material resilience based on simulation results.
- Design Optimization: Identifying areas for improvement in product design by analyzing simulation data and suggesting modifications.
- Report Generation: Preparing detailed reports, calculations, and technical justifications based on simulation results.
- Collaboration: Working closely with other engineering disciplines (e.g., mechanical, civil, process) to integrate simulation results into the overall design process.
- Compliance: Ensuring calculations and analyses adhere to relevant industry standards and codes.
- Tools and Technologies:
- Simulation Software: Often utilizes specialized software like CAESAR II, Pipestress, or similar tools for specific engineering domains.
- CAD/CAE: May use computer-aided design (CAD) and computer-aided engineering (CAE) software for modeling and analysis.
- Programming: May involve programming skills (e.g., Python) for scripting and automating calculations.
- In essence, Calculation Engineers bridge the gap between theoretical design and practical application by using computational methods to predict and optimize the performance of engineered systems.