01/23/2013
Prescio Consulting

Company Information: Prescio Consulting is a financial risk management consulting and IT development firm. Prescio provides financial model development and validation, fundamental and applied R&D, analytical product development in financial and commodity contexts, and customized software development and implementation.

Position Title: Quantitative Analyst

Duties & Responsibilities: - Assist in development and validation of banking and financial markets projects involving credit risk model(s): Calculation and validation of Probability of Default, Loss Given Default and Exposure at Default; Develop recovery rate assumptions and exposure at default estimation and their ongoing validations and refinements. - Assist in development and validation of operational risk model(s): Apply LDA (Loss Distribution Approach) to calculate VAR (Value at Risk) for each business line and loss type of a financial institution; Develop methods to combine internal loss data with external data and scenario data; Apply EVT (Extreme Value Theory) to model and simulate heavy tailed data; Apply Copula theory to calculate dependent economic capitals. - Assist in development and validation of market risk model(s): Implement historical simulation and Monte Carlo simulation to calculate VAR of portfolios.

Position Qualifications: • Ph.D. in statistics, mathematics, applied mathematics, or related quantitative field, MS degree with equivalent experience will be considered. • Proficiency in statistical packages such as SAS, R, etc. • High level English language writing and presentation skills

Salary Range: Depending on experience

Benefits: medical / dental insurance

Web Site: www.prescio.com

Application Address: Steve Zajac Prescio Consulting PO Box 10722, Casa Grande, AZ 85130

Contact Email: s.zajac@prescio.com

Application Deadline: open until filled