Quantitative Risk Cover Letter

I would like to submit my application for the quantitative risk opening. Please accept this letter and the attached resume.

In my previous role, I was responsible for insight and analysis to the CRO, ALCO, Risk Measurement Committee and the Board on Financial Risk exposures and measurement issues and provide assurance that the Financial Risk Measurement is accurate, appropriate and conforms to market standards.

Please consider my qualifications and experience:

• Model review of other market risk aggregation methodologies such as VaR and Stress and credit risk measurement methodologies
• Review of financial risk modelling in insurance products
• Model validation tasks require critical analysis of product and modelling technique, model testing (including independent implementation of the model), alternative model analysis, documentation and communication of results and conclusions
• Produce documentation summarising validation of the model in question, quantify model risk
• Strong market and product knowledge preferred
• Thorough understanding of bank’s internal processes and policies
• Skills and experience in Quantitative analysis and Data mining/ Statistics/ Financial mathematics/ Risk management
• Familiar with statistics tools such as SAS, R-programming, S+, Matlab and database management tools such as SQL

I submit this application to express my sincere interest in the quantitative risk position.

In my previous role, I was responsible for counsel to business unit managers on risk management issues and supports the evaluation of new product strategies on their impact to USAA’s risk profile.

Please consider my qualifications and experience:

• Programming skills in Java, C++, Matlab or VB
• PhD, preferred in a highly quantitative subject
• Strong technical writing and programming skills
• Pricing model validation experience in a consulting or banking company
• Proficiency in all concepts of the financial derivatives market and hands-on experience with modelling of at least one asset class with Interest Rates and Equities strongly preferred
• Software development experience, preferably in a large team, implementing quantitative models
• Manage the Equity derivatives projects and team on a daily basis (planning, task supervision, HR)
• Statistics (time series analysis, process estimation)

I would like to submit my application for the quantitative risk opening. Please accept this letter and the attached resume.

Previously, I was responsible for incremental Value at Risk analysis of hedging plans and procurement plans to Director of Risk Management and VP's of procurement departments.

Please consider my qualifications and experience:

• Risk measurement techniques
• Risk operations, work processes, internal controls and banking regulations
• Identifying and applying appropriate monitoring procedures
• Project management skills and with experience to successfully complete long and short term projects
• Proven track record of being able to efficiently and effectively conduct independent research, analyze problems, formulate and implement solutions, and produce quality results on time
• Excellent scientific and technical documentation and presentation skills, assertiveness & influencing skills, and the skills to explain abstract theoretical concepts to a non-expert audience in easy-to-understand language
• Knowledge of the finance and lending industry including but not limited to instrument structures/types and financial markets knowledge knowledge of overall risk management and finance concepts
• Experience in auto, personal loan, boat, RV, or motorcycle finance markets

In response to your job posting for quantitative risk, I am including this letter and my resume for your review.

Previously, I was responsible for insight on key risks and exposures versus market trends and potential events to identify and provide insight on emerging risk exposures.

Please consider my experience and qualifications for this position:

• Solid econometrics and basic risk math skills (VaR models, factor models, linear algebra)
• Research, design and improve the specification of models/algorithms
• Implement these analytics in the development library (C#) within a version control environment (Git)
• Implement automated tests (unit, regression) for these analytics
• Document both the mathematical specification and the code (Latex, Doxygen)
• Interact with both internal and external stakeholders
• Manage the OTC credit derivatives team on a daily basis (planning, task supervision, HR)
• Preferably in the fixed income asset class (credit or interest rates)

Please consider me for the quantitative risk opportunity. I am including my resume that lists my qualifications and experience.

In the previous role, I was responsible for attestation to the validity of financial results and highlight significant information including variances, trends, opportunities and exposures to the Manager/Senior Manager, Financial Performance Management.

My experience is an excellent fit for the list of requirements in this job:

• Experience in developing Risk Management models for Commodities
• Familiarity with MATLAB, R and/or SAS
• Presents results to various levels of leadership and influences key decisions that have business unit or enterprise impact
• Oversees the development of complex systems and programs that measure aggregate risk exposures
• May serve in a lead capacity in governance committees
• Manages vendor relationships and evaluates needs pertaining to workforce augmentation
• Standardised approach
• Non-modellable Risk Factor