Hiring: Lead Associate Principal, Quantitative Risk Management Company: The Options Clearing Corporation (OCC) Location: Greater Chicago Area Job Posted Time: 2026-09-11 11:41:13 Employment Type: Remote Target Skills & Keywords : Agile, C++, CFA, Confluence, Derivatives, Equities, Git, GitHub, Java, Jenkins, Linear, MATLAB, Machine Learning, Microsoft Excel, Microsoft PowerPoint, Performance Testing, Python, Quality Assurance, R, Risk Management, SQL, Scala, Scrum, Selenium, TestNG, Unit Testing, Workday About the job Experience: •5-7 years of experience in quantitative areas in finance and/or development experience in model implementation and testing •7 years of experience in quantitative areas in finance and/or development experience in model implementation and testing Required Skills: •Develop models for pricing, margin risking and stress testing of financial products and derivatives •Design, implement and maintain model prototypes, model library and model testing tools using best industry practices and innovations •Implement new models into model library and enhance existing models •Write and review documentations (whitepapers) for the models, model prototypes and model implementation •Perform model performance testing, including portfolio back-testing using historical data •Review implementation of models and algorithms focusing on requirement verification, coding, and testing quality •Conduct comprehensive quality assurance testing on model library including constructions of test cases, automation of model unit testing and creations of reference models if needed •Participate in model code reviews, model release testing (including margin impact analysis and baseline support and troubleshooting during model library integration with production applications) and production support Compensation: •$128,800 - $230,200 / year •Flexible work environment (work from home / hybrid options) •Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!