Cross Margin Quantitative Model Developer - Hybrid, Charlotte

Cross Margin Quantitative Model Developer - Hybrid Position

Genesis10 is currently seeking a Cross Margin Quantitative Model Developer - Hybrid position with a Global Financial Institution located in Charlotte, NC. This is a 12+ month contract opportunity. We are seeking a highly analytical Quantitative Model Developer with strong Python engineering skills and deep familiarity with cross margining concepts within prime brokerage and capital markets. This role focuses on enhancing and maintaining counterparty credit risk models with an emphasis on mathematical rigor, cross product methodology development, and hands-on coding. Because cross margin exposure plays a significant and high-impact role in CIB markets, this position requires a strong sense of urgency and responsiveness to ad hoc model requests.Responsibilities:

Consult on complex initiatives with broad impact and large-scale planning for Quantitative Analytics Develop, enhance, and maintain counterparty credit risk models related to cross margin methodologies Derive analytical formulas, validate assumptions, and identify gaps in existing implementationsImprove or replace outdated models using modern stochastic and capital markets modeling techniques Lead the build out and integration of Python-based quantitative libraries to support model development and validation activities Produce robust prototype models and partner with technology teams to transition them into productionCommunicate clearly with model owners, business partners, technology teams, auditors, and project managers Provide coaching and technical guidance to junior team members on both modeling and cross margin concepts Respond quickly to urgent model requests driven by high-impact cross margin exposuresRequirements:

5 years of Quantitative Analytics experience, or equivalent demonstrated through work or consulting experience, training, military experience, or education Expert level Python with the ability to build, structure, and maintain quant libraries SQL expertise with the ability to query and manipulate large datasetsStrong numerical skills and experience with stochastic modeling and capital markets models Ability to derive mathematical formulas and implement them programmatically Strong understanding of cross margining concepts in prime brokerage or derivatives clearing Solid foundation in probability, statistics, and stochastic processesAble to work a hybrid schedule with 3 days per week in the office in Charlotte, NC Desired Skills:

Experience using AI-assisted coding tools (Copilot or similar) Experience in prime brokerage or margin methodology design Prior work with counterparty credit exposure models (e.g., PFE, EE, EAD) Familiarity with equities, commodities, energy, and structured derivative products Pay range: $71.88 - $79.88 per hourOnly candidates available and ready to work directly as Genesis10 employees will be considered for this position. If you have the described qualifications and are interested in this exciting opportunity, please apply!