Velocity Technology is currently seeking an experienced Senior Quantitative Developer/Consultant with expert level Java &/or Python for a brand new development product for Market Risk Management.  Our client is located in midtown, NYC.   This is a long term contract position with possible extensions. 

Key Responsibilities & Tasks:

• Front office risk technology development
• Work actively on developing risk models to calculate and report risk measures such as sensitivity analysis, shock analysis and stress testing.
• Develop application to calculate portfolio risk attribution using factor model to monitor interest rate risk, credit migration and default risk
• Day to day support of applications, reporting and visualization

Requirements/ Must have:

• Java - expert level or Python looking for a highly technical quantitative developer
• Strong core java skills/experience
• Solid experience working with market data, and time series databases like KDB
• Solid experience with Linux, SQL
• Solid business knowledge in areas of risk and quantitative models.
• Front-office trading and risk system development & support experience in a high intensity trading environment        

Additional Skills / Nice to have:

• Experience with Bloomberg API and Excel macro a big plus
• Must be able to perform well under pressure and deliver to tight deadlines
• Strong troubleshooting skills
• Service-oriented