The SEC is in the market for a Quantitative Research Analyst (Financial Engineer), to be located in the New York Regional Office.  The position pays a salary range of $117K to $186K.  In this role, the Quantitative Research Analyst will:

• Serve as a quantitative research analyst working with SEC staff in building sophisticated models, determining proper empirical methodology, organizing data collection, writing unique programs, preparing written reports, and summarizing the studies in formal and informal presentations.

• Provide senior level technical expertise for the design and conduct of comprehensive, complicated financial data studies, surveys, reviews, and research projects where the boundaries are extremely broad and difficult to determine in advance.

• Conduct research in areas such as the analysis of new financial instruments and strategies, options, and derivates which involves the application of financial engineering methodologies and employing financial theory and applied mathematics, as well as computation and the practice of programming.

• Support the review and verification of trading strategies for a variety of instruments and markets such as high frequency trading, algorithmic trading, statistical arbitrage, correlation trading, and volatility trading. Perform research and development for statistical analysis of real time market making systems including predictive forecasting algorithms and high throughput, low latency, and multi threading systems or other smart execution systems.

• Work with large volumes of financial data from different instruments and sources for back-testing and validation of models, algorithms, and strategies.

• Develop and presents authoritative reports based on the evaluation and interpretation of studies in the assigned area of financial engineering.

Required Experience. Among other credentials, the candidate must possess at least an undergraduate degree in: engineering, mathematics, statistics, computer science, actuarial science, or related technical field, be a U.S. citizen and have at least 1 year of experience in the public sector or private sector applying the theories, principles, and processes of quantitative research; interpreting complex financial and securities industry data, etc. Preferred Experience. Among other experiences, the candidate must have a graduate degree in: financial engineering, computational or mathematical finance, computer science, statistics or related field.  He or she must have broad and current knowledge of statistical analysis methods, stochastic calculus, signal processing, machine learning, artificial intelligence, neural networks, anomaly detection, and outlier analysis. If you're ready to apply, you'll want and need further details and your next steps, which are available at:   [SEC Jobs, Posted 1/12/12]. Good luck!