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Senior Quantitative Analyst

Date Posted: Aug 7, 2018

Location: Tampa, FL, US, 33647

Company: MetLife

Job Location: United States : Florida : Tampa  

 

Role Value Proposition: 

The position of SENIOR QUANTITATIVE ANALYST is responsible for setting up new hedge relationships and maintaining existing relationships for the purpose of quantitatively measuring hedge effectiveness and ineffectiveness by leveraging a vendor model. Obtaining passing hedge effectiveness statistics is critical to receiving preferential treatment of derivatives in MetLife’s reported financial results. The position also involves producing estimates of derivative gains (losses) and investment income, as well as performing estimates to actuals analysis. The position is part of the Investments Finance department and regularly interacts with the derivative front office, middle office, and back office accounting teams. It is a fast-paced, team-based environment involving complex derivative instruments, including approximately $300 billion notional amount of swaps, futures, and options.

 

Key Responsibilities:  

  • Set up new hedge relationships and maintain existing relationships in the financial model used to assess and measure hedge effectiveness . Interpret, troubleshoot, and debug quantitative regression results for hedge effectiveness.  
  • Model theoretical relationships to determine whether newly-proposed hedging strategies will produce strong statistical relationships. Perform analysis using vendor hedge effectiveness software, as well as business intelligence cubes and other financial tools such as Microsoft Access and SQL Server.
  • Produce estimates of derivative gains (losses) and investment income, as well as performing estimates to actuals analysis
  • Provide production support, address ad-hoc requests, and produce management reports and analyses
  • Systems include Excel, Access, SQL Server, Murex, Pyramid, PAM, PSGL, DRMS etc.
  • Reconcile reports in Excel and reconcile data items in various production systems. Demonstrate an ability to work with minimum supervision as well as improve ability to prioritize workload to meet deadlines and attain maximum effectiveness

 

Essential Business Experience and Technical Skills:

Required:

  • Minimum of 4 years of experience in Finance or Quantitative role or in a related area
  • Strong quantitative, analytical, modeling, and written and oral communication skills
  • Experience working with financial models
  • Familiar with a variety of the field's concepts, practices, and procedures

Preferred:

  • Bachelor's degree in Finance or Quantitative discipline. Master’s degree and/or advanced certification (CFA, FRM etc.) highly desired. 
  • Knowledge of Fixed Income securities and Derivatives (valuation)
  • Ability to interpret statistical results, such as R-squared, slope, etc.
  • Programming experience and working knowledge of the following: VBA, SQL, C, and similar programming languages is plus. 

 

 

Travel

Up to 10%

 

Business Category

Investments Finance – Derivative Analytics

 

Number of Openings

1

 

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.

 

 

MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.

For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

Requisition #: 99273 


Nearest Major Market: Tampa