Quantitative Data Scientist - Reston, VA/Hybrid

Quantitative Data Scientist

Reston, VA/Hybrid

6+ months

This role is located at a client site in Reston, VA. A hybrid working model is acceptable.

Description:
Position Description

CGI has an immediate need for a Quantitative Data Scientist to join our team. This is an exciting opportunity to work in a fast-paced team environment supporting one of the largest customers. We take an innovative approach to supporting our client, working side-by-side in an agile environment using emerging technologies.

We partner with 15 of the top 20 banks globally, and our top 10 banking clients have worked with us for an average of 26 years!

Your future duties and responsibilities

We are seeking a highly skilled Quantitative Data Scientist to join our team focused on mortgage and loan risk modeling. This role involves developing and maintaining advanced quantitative models using Python and SQL, optimizing simulations, and working with large-scale datasets in cloud environments. The ideal candidate will have a strong foundation in statistical modeling, financial engineering, and software engineering practices, with the ability to communicate technical insights to both technical and business stakeholders.

Required qualifications to be successful in this role

• Strong proficiency in Python, especially with libraries like NumPy, pandas, SciPy, statsmodels, scikit-learn, and QuantLib.
• Advanced SQL skills for handling large and complex mortgage/loan datasets.
• Experience designing and optimizing Monte Carlo simulations and time-series models.
• Solid understanding of counterparty credit risk, including Potential Future Exposure (PFE) methodologies.
• Familiarity with interest rate modeling, derivative pricing, and macro risk factor models.
• Hands-on experience with AWS services such as S3, Lambda, Batch, Glue, EMR, CloudWatch, IAM, and EC2.
• Competence in software engineering practices including Git, unit testing, CI/CD, and shell scripting.
• Experience working with data lakes, NoSQL systems, and tools like Spark, Hive, and Airflow.
• Strong analytical thinking and attention to detail.
• Ability to communicate complex technical concepts clearly to both technical and non-technical audiences. Minimum 5 years of experience in quantitative modeling, data engineering, or a related field (if holding a Bachelor's degree).

Education:
Bachelor's degree in Business Administration, Information Systems, Computer Science, or a related field.

Skills:

• Business Analysis
• Shell Script
• SQL
• NoSQL