Quantitative Developer, Associate - FX

Clearwater Analytics•New York, NY

About The Position

Clearwater Analytics is the leading SaaS platform for investment accounting, risk, and performance. We serve some of the world’s largest insurance companies, hedge funds, asset managers, and institutional investors. We deliver decision-ready risk analytics that bring clarity and insight to multi-asset portfolios—highlighting exposures, sensitivities, scenarios, and performance drivers. As an FX Quantitative Developer, you will play a critical role within the Quant team, helping to enhance and expand our FX product suite, including Vanilla and Exotic Options. You will work closely with cross-functional teams of developers and interact directly with clients to deliver solutions that focus on both developers and end-users, with a primary emphasis on trading and risk management. Your contributions will help drive the continuous improvement of our platform's valuation, risk analytics, and trade management capabilities.

Requirements

3+ years of experience in quantitative development, with a focus on FX products.
Strong understanding of FX volatility modeling, including market conventions, deal structures, and pricing/risk management
Experience developing code in a production environment
Development Background in a high-level language, preferably with a few years of Python experience
Strong problem-solving and communication skills, ability to convey technical topics to a diverse audience

Nice To Haves

Experience in a front office development role, preferably on a FX Volatility Desk, supporting securities pricing, hedging, and risk analytics
Experience building/enhancing/maintaining pricing and risk systems
Familiarity with relevant sources of market data and product data
Prior experience working with clients to customize platforms, integrate models, or develop technical solutions is a plus

Responsibilities

Develop and maintain pricing libraries and models for risk and valuation covering FX Vanilla and Exotic options.
Design, build, and maintain frameworks within the platform to support FX products, including lifecycle management, scenario analysis, cash flow generation, and reporting (e.g., P&L attribution).
Identify and advocate for new models and design patterns necessary for the continuous improvement of an evolving infrastructure to support all clients