About Cognizant Consulting
Cognizant Consulting is more than Cognizant’s consulting practice. We’re a global community of 5,000+ experts dedicated to helping clients reimagine their business. Blending our deep industry and technology advisory capability, we create innovative business solutions for Fortune 500 clients. And now, we’re looking for our next colleague who’ll join us in shaping the future of business. Could it be you?
About the role
As a Senior Financial Engineer, you will make an impact by developing and enhancing pricing, risk, P&L, and trade lifecycle solutions supporting financial markets operations.
You will be a valued member of our Financial Services Consulting team and work collaboratively with Front Office traders, Risk Management, Finance, Data, and Technology teams. You will combine financial markets expertise, quantitative analysis, and technical problem-solving to deliver scalable solutions in a complex, regulated environment.
In this role, you will:
- Partner with FX and Interest Rate traders, Risk Management, and Finance stakeholders to design, validate, and enhance pricing, risk, P&L, and hedging processes.
- Translate trading desk requirements into scalable solutions covering trade capture, valuation, market data integration, risk reporting, and data lineage.
- Analyze and explain P&L drivers, sensitivities and Greeks, Value at Risk, stress-testing results, and hedging effectiveness, including performing root-cause analysis when required.
- Design and optimize complex SQL queries, database views, and stored procedures to support analytics, reporting, data quality, and system performance.
- Contribute to end-to-end solution delivery, including requirements gathering, design, model implementation, testing, deployment, production support, documentation, and governance controls.
Work model
We believe hybrid work is the way forward as we strive to provide flexibility wherever possible. Based on this role’s business requirements, this is a hybrid position requiring 3-4 days per week onsite at a client or Cognizant office in New York, New York. Regardless of your working arrangement, we are here to support a healthy work-life balance through our various wellbeing programs.
The working arrangements for this role are accurate as of the date of posting. This may change based on the project you’re engaged in, as well as business and client requirements. Rest assured, we will always be clear about role expectations.
What you must have to be considered
- At least 10 years of experience in financial engineering, Front Office quantitative analysis, trading-focused business analysis, risk analytics, or a closely related role supporting trading desks.
- Strong knowledge of FX and/or Interest Rate products, such as spot, forwards, swaps, options, cross-currency products, basis products, and Interest Rate derivatives.
- Advanced SQL skills, including experience writing complex queries and working with database views and stored procedures.
- Solid understanding of pricing methodologies, market data, Greeks, Value at Risk, stress and scenario analysis, and P&L explain.
- Experience with trade lifecycle processes and data flows across Front Office, Middle Office, Back Office, Risk, and Finance.
- Experience delivering solutions through the full software development lifecycle, including requirements, design, SIT, UAT, release management, production support, and documentation.
- Strong written and verbal communication skills, with the ability to explain technical and quantitative concepts to both technical and non-technical stakeholders.
- An advanced degree in Financial Engineering, Applied Mathematics, Quantitative Finance, Computer Science, or a related discipline, or equivalent practical experience.
These will help you succeed
- Hands-on experience with Murex MX.3, particularly simulation capabilities, FX products, and Front Office, Risk, or Back Office modules.
- Experience with Interest Rate curve construction, volatility calibration, pricing libraries, and market data integration.
- Knowledge of P&L attribution frameworks and risk-to-P&L alignment.
- Experience implementing model controls, including back-testing, benchmarking, documentation, and governance processes.
- Familiarity with Python, pandas, VBA, or other programming and scripting tools commonly used by trading and risk teams.
- Experience with business intelligence or reporting tools used to distribute financial analytics.
- Relevant certifications or coursework in quantitative finance, risk management, or data engineering.
We’re excited to meet people who share our mission and can make an impact in a variety of ways. Don’t hesitate to apply, even if you only meet the minimum requirements listed. Think about your transferable experiences and unique skills that make you stand out as someone who can bring new and exciting things to this role.
Compensation
The annual salary for this position is $81,000 - $129,000 annually, depending on experience and other qualifications of the successful candidate.
This position is also eligible for Cognizant’s discretionary annual incentive program and applicable benefits.
Acerca de Cognizant
Cognizant (Nasdaq: CTSH) es un creador de soluciones de IA y proveedor de servicios tecnológicos que conecta la inversión en IA con el valor empresarial mediante el desarrollo de soluciones de IA full‑stack para sus clientes. Su profundo conocimiento de la industria, junto con su experiencia en procesos e ingeniería, permite incorporar el contexto único de cada organización en sistemas tecnológicos que amplifican el potencial humano, generan resultados tangibles y mantienen a las empresas a la vanguardia en un entorno en constante cambio. Más información en cognizant.ai o @cognizant.
Información adicional sobre el empleo
La información sobre la compensación es exacta en la fecha de publicación de este anuncio. Cognizant se reserva el derecho de modificar esta información en cualquier momento, de conformidad con la legislación aplicable.
Es posible que se solicite a los solicitantes que asistan a entrevistas de forma presencial o mediante videoconferencia. Asimismo, durante cada entrevista, los candidatos podrán estar obligados a presentar un documento de identidad válido emitido por el estado o por el gobierno.
Cognizant es un empleador que ofrece igualdad de oportunidades. Su solicitud y candidatura no se evaluarán en función de la raza, el color, el sexo, la religión, el credo, la orientación sexual, la identidad de género, el origen nacional, la discapacidad, la información genética, el embarazo, la condición de veterano ni cualquier otra característica protegida por las leyes federales, estatales o locales.
