Job Role : Quantitative Developer/ Analysis Location : Jersey City, NJ Long Term Contract Job Description: Education: Degree in Engineering/ Maths/ Physics Knowledge: Linear Algebra, statistics and time series analysis Technical: Proficient in Python, Java, SQL Experience implementing analytics in risk/calc engine to generate valuation, return and 1st order risk measures. Good understanding of equity and fixed income products, Exchange traded derivates, portfolio analysis, fund accounting and NAV calculation. A Calculation Engineer, also known as a Simulation Engineer, uses computational methods and software to analyze and evaluate the performance, stability, and safety of products and systems. They perform simulations to test various parameters like load, stress, thermal expansion, and service life, ensuring designs meet requirements and optimize performance. Key Responsibilities: Simulation and Analysis: Conducting simulations using specialized software to analyze product behavior under different conditions. Performance Evaluation: Assessing factors like load capacity, stability, and material resilience based on simulation results. Design Optimization: Identifying areas for improvement in product design by analyzing simulation data and suggesting modifications. Report Generation: Preparing detailed reports, calculations, and technical justifications based on simulation results. Collaboration: Working closely with other engineering disciplines (e.g., mechanical, civil, process) to integrate simulation results into the overall design process. Compliance: Ensuring calculations and analyses adhere to relevant industry standards and codes. Tools and Technologies: Simulation Software: Often utilizes specialized software like CAESAR II, Pipestress, or similar tools for specific engineering domains. CAD/CAE:May use computer-aided design (CAD) and computer-aided engineering (CAE) software for modeling and analysis. Programming: May involve programming skills (e.g., Python) for scripting and automating calculations. In essence, Calculation Engineers bridge the gap between theoretical design and practical application by using computational methods to predict and optimize the performance of engineered systems. Thanks, and Regards Saurabh Kumar | Lead Recruiter saurabh.yadav@ampstek.com | www.ampstek.com https://www.linkedin.com/in/saurabh-kumar-yadav-518927a8/ Call to : +1 609-360-2671