As the Quantitative Business Analyst Risk & Performance for our Risk & Performance team, you will be responsible for overseeing the development and enhancement of our Value-at-Risk and Stress Testing products. You will collaborate with cross-functional teams, including quantitative analysts (quants) and engineers, to ensure that our product meets the high standards expected by our clients and stakeholders. This role requires a strong blend of technical understanding, market knowledge, and analytical skills.
Key Responsibilities:
Market Data Requirements:
Define market data requirements essential for Risk Analytics products.
Collaborate with market data vendors to source high-quality data to support our modeling and analytical needs.
Maintain an awareness of market trends and data availability to ensure our product remains competitive and robust.
Specification Drafting:
Draft comprehensive specifications for product components, ensuring clarity and precision.
Define and document modeling methodologies that will be applied within the VaR and Stress Testing products.
Work closely with stakeholders to gather requirements and translate them into actionable specifications.
Cross-functional Collaboration:
Coordinate with quants and engineers to drive product development and ensure timely delivery of solutions.
Facilitate communication between teams to resolve any issues and align on product goals and priorities.
Act as a product advocate, fostering a shared understanding of the Risk Analytics products across various departments.
Requirements:
Bachelor’s degree in Finance, Economics, Science, Engineering, or Mathematics.
5+ years of experience as a Product Manager or Business Analyst in financial services or risk management, particularly in market risk or quantitative finance.
Understanding of value-at-risk concepts and methodologies, including historical and Monte-Carlo simulations.
Excellent written and verbal communication skills, with the ability to draft technical specifications clearly.
Strong analytical and problem-solving skills.
Coding experience in modern object-oriented languages – Python, C++, C#, or Java is a plus.
Customer-facing experience explaining highly technical analytic solutions sets you apart.
Salary Range
$102,000.00 - $144,000.00This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits. Clearwater Analytics is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.
Skills Required
- Bachelor's degree in Finance, Economics, Science, Engineering, or Mathematics.
- 5+ years experience as a Product Manager or Business Analyst in financial services or risk management, particularly market risk or quantitative finance.
- Understanding of value-at-risk concepts and methodologies, including historical and Monte-Carlo simulations.
- Excellent written and verbal communication skills, with ability to draft technical specifications.
- Strong analytical and problem-solving skills.
- Coding experience in modern object-oriented languages (Python, C++, C#, or Java).
- Customer-facing experience explaining highly technical analytic solutions.
What the Team is Saying
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Clearwater Analytics (CWAN) Compensation & Benefits Highlights
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Retirement Support — A 401(k) plan with employer matching (commonly up to 4%) and references to immediate or Safe Harbor vesting indicate solid long‑term savings support. This combination is highlighted across employer materials and job postings.
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Leave & Time Off Breadth — Immediate eligibility for PTO, paid holidays, and volunteer time off is noted, alongside paid maternity and paternity leave. This breadth suggests a well-rounded time‑off framework from day one.
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Parental & Family Support — Paid parental leave is complemented by childcare benefits, a Dependent Care FSA, and amenities such as an onsite Mother’s Room. These provisions point to tangible support for families.
Clearwater Analytics (CWAN) Insights
What We Do
CWAN was founded on a simple belief: investment professionals deserve modern technology that actually works for them. Not legacy systems that slow them down. Not fragmented data that creates confusion. But one comprehensive platform that gives you complete visibility and crystal-clear insights. The result? Investment management that works as seamlessly as your investment strategy. Since our founding in 2004, CWAN has been the trusted technology partner powering the world’s leading institutional investors — from insurance companies, asset managers, and hedge funds to asset owners like corporations, endowments, and pension funds managing over $10 trillion in assets.
Why Work With Us
We continue to grow, fueled by a strong foundation, an ambitious vision, and a commitment to delivering exceptional value to our clients, partners, and team members around the world. What started as a bold idea in Boise, Idaho has rapidly transformed into a global presence. We’ve expanded our footprint significantly—now operating out of 24 offices
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Clearwater Analytics (CWAN) Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
