Model Risk Quant Developer -Chicago, IL -HybridJoin our Talent Community for Chicago. The city shows steady contractor demand for quantitative developers who can partner with model risk and front office teams to ship production grade analytics and testing frameworks. Requirements5 to 9 years in quant development or model engineering Python expert with strong software engineering practices and Git based workflows Experience packaging analytics for production use and validator reruns Knowledge of market or credit or liquidity risk modeling techniques Familiarity with CI and CD and containers and artifact registries
Responsibilities:- Engineer model libraries and challenger models with clear APIs and documentation
- Build scenario and sensitivity engines and quality checks for inputs and outputs
- Maintain continuous testing and nightly backtests with alerts and dashboards
- Work with stakeholders to translate regulatory asks into code and evidence
- Outcomes We Track
- Nightly validation jobs success 99% with auto rerun and notify
- Mean time to reproduce validation results < 1 hour
- Repeat findings over two consecutive cycles 0Compensation and Terms
- Consultant pay $100 to $165 per hour
- Contract -Hybrid -Chicago, IL or Remote US W2 or 1099