Sr. Quantitative Derivatives Lead

Alternate Locations: Radnor, PA (Pennsylvania)

 

 Work Arrangement:

Hybrid/Common Days+ : Work 2-3 days a week in a Lincoln office with a designated workspace.

 

Relocation assistance:  is not available for this opportunity.

 

Requisition #: 73305

 

The Role at a Glance

We are excited to bring on a motivated Sr. Quantitative Derivatives Lead to  MRM, In this role you will be responsible of the improving and maintaining existing in-house credit risk models.  Prototyping and implementing quantitative/statistical  methodology.

What you'll be doing

• Digest the internal credit model, deeply understand the math behind it.
• Handle ad-hoc requests regarding the internal credit risk projection system,  modify and improve the existing system.
• Work with senior members on research topics on Risk Management (such as hedging and credit risk projection)
• Implement prototype model with python , translate math into code  in a limited timeframe.

 

What we’re looking for

Must have:

• 4 Year/Bachelor’s Degree in math, physics, engineering or finance
• Solid math/statistics background
• Strong coding skills (Python or any additional programming language)
• Familiar with Database, Data visualization
• Strong communication skills
• Curiosity and passion to conduct research

Nice to have:

• Masters or Ph.D degree
• Previous experience in credit risk modeling 
• Familiar with AI/Machine Learning 

 

What’s it like to work here?

At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future. 

 

What’s in it for you:

• Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute.

• Leadership development and virtual training opportunities

• PTO/parental leave

• Competitive 401K and employee benefits

• Free financial counseling, health coaching and employee assistance program

• Tuition assistance program

• A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations

• Effective productivity/technology tools and training

 

Pay Range: $67,000 - $120,700 

 

Actual base pay could vary based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees.  In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual.  Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.

 

About The Company

Lincoln Financial Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of December 31, 2023, the company had $295 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

 

Lincoln is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identi