Senior Strategic Counterparty Risk Researcher

Careers at Bloomberg

New York

Posted Dec 22, 2011 - Requisition No. 32067

Strategic Risk Research is responsible for Bloomberg¿s research and development effort for cutting edge risk models. Current projects include the implementation of counterparty risk models for the Enterprise Risk system. Other projects involve the use of fat tailed distributions in risk models, developing regime switching models, formulating early warning crisis detection models, and implementing robust risk measures for stressed markets.

The Role

Senior SRR quantitative analysts will be hands-on researchers in the build out of our new risk models. This senior member will manage and lead the development and implementation of a counterparty risk model. This model will eventually form part of the Enterprise Risk System.

Additional duties may include speaking at Bloomberg client seminars and other conferences to promote our research and writing articles on risk methodology for various internal publications.


The ideal candidate will have at least 10 years of experience in quantitative finance including the development counterparty risk models and an exceptionally strong mathematics / statistics background. In addition to quantitative skills the candidate should have a good knowledge of ISDA agreements and counterparty risk regulations. Other qualifications include:

  • Team leadership and project management skills
  • Deep experience in market and credit risk
  • Knowledge of statistical estimation techniques and optimization.
  • Experience interfacing with IT for implementation
  • Experience in programming and statistical and software packages
  • Excellent writing and speaking skills
  • Advanced degree in science or math

The Company

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength - delivering data, news and analytics through innovative technology, quickly and accurately - is at the core of the Bloomberg Professional service, which provides real time financial information to more than 300,000 subscribers globally. Bloomberg's enterprise solutions build on the company's core strength, leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. Through Bloomberg Law, Bloomberg Government and Bloomberg New Energy Finance, the company provides data, news and analytics to decision makers in industries beyond finance. And Bloomberg News, delivered through television, radio, mobile, the Internet and two magazines, Bloomberg Businessweek and Bloomberg Markets, covers the world with more than 2,300 news and multimedia professionals at 146 bureaus in 72 countries. Headquartered in New York, Bloomberg employs more than 13,000 people in 185 locations around the world.

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