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Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance.
The Impact you will have in this role:
The Quantitative Associate is responsible for the development and implementation of quantitative models and algorithms that are critical for informed decision-making and risk management. Their work involves building efficiency, reliability, and security of financial systems by enabling rapid adaptation to evolving market conditions and new data insights, proposing and recommending solutions that solve complex business problems.
Your Primary Responsibilities:
Extracting, cleaning, and transforming financial data from various sources.
Developing data pipelines for efficient data acquisition and processing.
Performing statistical analysis and machine learning to extract insights from data.
Developing and implementing quantitative models and algorithms using programming languages like Python.
Translating theoretical models from quantitative researchers into practical, executable code.
Building and maintaining the infrastructure to support model development, including APIs and data pipelines.
Conducting thorough back testing and validation of models to ensure accuracy and reliability.
Optimizing model performance for speed and efficiency, and adaptability to changing market conditions and new data insights.
Working closely with quantitative analysts, and other IT teams to understand requirements and integrate models into IT systems.
Effectively communicating technical information and model performance results to various stakeholders.
Qualifications:
Minimum of 2 years of related experience
Bachelor's degree preferred or equivalent experience
Strong proficiency in programming languages like Python, R
Talents Needed for Success:
Data analytical skills to analyze large datasets, identify patterns, trends, and anomalies that can inform model development and decision-making.
Understanding of capital markets, instruments and financial risk
Knowledge of statistical modeling, machine learning, and mathematical finance is necessary.
Good communication and collaboration skills to work effectively with diverse teams and to communicate their findings and model behavior to both technical and non-technical stakeholders.
Skills Required
- Minimum of 2 years of related experience
- Bachelor’s degree or equivalent experience
- Strong proficiency in Python and R
- Data analytical skills for analyzing large datasets and identifying patterns, trends, and anomalies
- Understanding of capital markets, financial instruments, and financial risk
- Knowledge of statistical modeling, machine learning, and mathematical finance
- Good communication and collaboration skills
The Depository Trust & Clearing Corporation (DTCC) Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The Depository Trust & Clearing Corporation (DTCC) and has not been reviewed or approved by The Depository Trust & Clearing Corporation (DTCC).
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Healthcare Strength — Medical, dental, and vision coverage are comprehensive and include mental health support, in-network preventive care, and company-supported HSA/FSA options. Company HSA contributions plus life, AD&D, and disability coverage further reinforce depth of protection.
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Retirement Support — A 401(k) with company matching and references to pension-related benefits provide meaningful long-term savings support. Charitable contribution matching and financial-planning resources complement the core retirement offerings.
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Parental & Family Support — Generous parental leave, adoption assistance, childcare benefits, and dependent care FSAs indicate strong support for families. Back-up care and specialized family health programs are highlighted as part of the package.
The Depository Trust & Clearing Corporation (DTCC) Insights
What We Do
With over 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 21 locations around the world, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringing increased security and soundness to financial markets. In 2021, DTCC’s subsidiaries processed securities transactions valued at nearly U.S. $2.4 quadrillion. Its depository provides custody and asset servicing for securities issues from 177 countries and territories valued at U.S. $87.1 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes 16 billion messages annually. To learn more, please visit us at www.dtcc.com.
