ZipRecruiter

Log In

1

Backtesting Jobs in Manhattan, NY (NOW HIRING)

Lorven Technologies

Sr Business Analyst

Whippany, NJ · On-site

$93K - $121K/yr

Backtesting frameworks * Assess regulatory impacts arising from Basel revisions and local regulatory requirements Requirements Business Analysis * Conduct workshops with senior stakeholders across ...

Scout Group LLC

Portfolio Manager

Jersey City, NJ

$250K/yr

The platform encompasses latency-sensitive execution systems, real-time risk analytics, proprietary data pipelines, custom-built backtesting environments, and machine learning tools--all purpose ...

previous page

Showing results 41-60

All JobsBacktesting JobsBacktesting Jobs in Manhattan, NY

Backtesting information

See Manhattan, NY salary details

$46.4K

$113.1K

$165.5K

How much do backtesting jobs pay per year?

As of Sep 6, 2026, the average yearly pay for backtesting in Manhattan, NY is $113,054.00, according to ZipRecruiter salary data. Most workers in this role earn between $92,200.00 and $131,300.00 per year, depending on experience, location, and employer.

What is backtesting?

Backtesting is the process of evaluating a trading strategy or investment model by applying it to historical market data. This helps traders and analysts see how the strategy would have performed in the past, which can provide insights into its potential effectiveness and risks. While backtesting can help identify strengths and weaknesses, it's important to remember that past performance is not always indicative of future results. The reliability of backtesting depends on data quality, strategy design, and how well it simulates real trading conditions.

What skills and qualifications are needed to thrive as a backtesting analyst?

To thrive as a Backtesting Analyst, you need a strong background in quantitative analysis, statistics, programming (typically in Python or R), and familiarity with financial markets, usually supported by a degree in mathematics, finance, or a related field. Proficiency with backtesting platforms (such as QuantConnect or Zipline), data analysis tools, and version control systems like Git is often required. Attention to detail, critical thinking, and strong problem-solving abilities are key soft skills that help ensure robust model evaluation and development. These skills are vital for accurately assessing trading strategies and minimizing risk in real-world financial applications.

What are common challenges faced when backtesting trading strategies, and how can they be managed?

One common challenge in backtesting trading strategies is the risk of overfitting, where a model performs exceptionally well on historical data but fails in live markets. Data quality and availability can also pose issues, as incomplete or inaccurate data may skew results. To manage these challenges, it's important to use out-of-sample testing, robust data cleaning processes, and to validate strategies on multiple datasets. Collaborating with quantitative analysts and developers can also help ensure the backtesting process is thorough and reliable.

What is the difference between Backtesting vs Quantitative Analyst?

AspectBacktestingQuantitative Analyst
Primary RoleTesting trading strategies using historical dataDeveloping and implementing quantitative models for investment decisions
Required SkillsData analysis, programming, finance knowledgeMathematics, programming, financial theory
Work EnvironmentTrading firms, hedge funds, financial institutionsAsset management firms, hedge funds, banks
CertificationsOften none required, but CFA or CQF helpfulCFA, CQF, or advanced degrees common

Backtesting focuses on evaluating trading strategies with historical data, while a Quantitative Analyst develops models to inform investment decisions. Both roles require strong analytical skills and finance knowledge but differ in scope and responsibilities.

What are popular job titles related to Backtesting jobs in Manhattan, NY?

For Backtesting jobs in Manhattan, NY, the most frequently searched job titles are:

What job categories do people searching Backtesting jobs in Manhattan, NY look for?

The top searched job categories for Backtesting jobs in Manhattan, NY are:

What cities near Manhattan, NY are hiring for Backtesting jobs?

Cities near Manhattan, NY with the most Backtesting job openings:

Backtesting jobs near you
Infographic showing various Backtesting job openings in Manhattan, NY as of August 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $113,054 per year, or $54.4 per hour.

Sr Business Analyst

Lorven Technologies

Whippany, NJ • On-site

$93K - $121K/yr

Full-time

Posted 25 days ago

Job description

Role Name: Sr Business Analyst
Location: Whippany New Jersey (Onsite)
Role Overview
We are seeking a highly experienced Senior Business Analyst with deep expertise in Fundamental Review of the Trading Book FRTB Market Risk and Basel Regulatory Reporting to join our Market Risk Team The candidate will play a critical role in delivering strategic regulatory initiatives related to FRTB Standardized Approach SA Internal Models Approach IMA Basel market risk capital calculations and regulatory reporting across multiple jurisdictions
The ideal candidate will possess a strong blend of business regulatory quantitative and technology skills enabling them to bridge the gap between Front Office Market Risk Finance Regulatory Reporting Quantitative Analytics and Technology teams
Key Responsibilities
  • FRTB Regulatory Change Management
  • Lead business analysis activities for FRTB implementation enhancement and regulatory compliance programs
  • Interpret and translate Basel Committee regulations and jurisdictional requirements into detailed business and functional requirements
  • Drive implementation of various areas in FRTB like
    • FRTB Approaches SA and IMA
    • Expected Shortfall ES
    • Default Risk Charge DRC SensitivityBased Method SBM and Residual Risk AddOn RRAO
    • NonModellable Risk Factors NMRF and Profit Loss Attribution PLA
    • Backtesting frameworks
    • Assess regulatory impacts arising from Basel revisions and local regulatory requirements

Requirements Business Analysis
  • Conduct workshops with senior stakeholders across Market Risk Finance Front Office Regulatory Reporting and Technology
  • Define and document
    • BRD and FSD
    • User Stories and Acceptance Criteria
    • Process Flows and Target Operating Models
    • Data Mapping and Data Lineage documentation
    • Perform gap analysis between currentstate and targetstate regulatory frameworks

Basel Reporting Capital Calculation
  • Support production and enhancement of Basel III Basel IV Market Risk capital reporting
  • Define requirements for regulatory reporting platforms and capital engines
  • Analyze capital impacts under FRTB methodologies and explain changes to senior stakeholders
  • Partner with Regulatory Reporting and Finance teams to ensure accurate submissions to regulators

Data Risk Analytics
  • Define sourcing requirements for market risk sensitivities positions pricing data risk factor mappings and capital calculations
  • Ensure completeness and traceability of data across frontoffice trading systems risk engines data warehouses and regulatory reporting platforms
  • Support data governance initiatives focused on Basel compliance

Technology Change Delivery
  • Collaborate closely with Technology Risk Analytics Quantitative Research and Data Management teams
  • Drive Agile and Waterfall project deliveries
  • Support SIT UAT parallel runs and implementation activities
  • Ensure successful deployment of regulatory changes within agreed timelines

Stakeholder Management
  • Engage with senior management CRO organization Market Risk leadership and regulatory reporting teams
  • Act as a subject matter expert for FRTB and market risk capital calculations
  • Present findings regulatory impacts and project updates to steering committees and governance forums

Required Qualifications
  • Bachelors or Masters degree in Finance Economics Mathematics Engineering Statistics Computer Science or related discipline
  • 15 years of experience as a Business Analyst within investment banking capital markets or financial services
  • Minimum 8 years of direct experience in
    • FRTB
    • Regulatory Capital Reporting
    • Market Risk Management

Required Domain Expertise
Strong handson knowledge of
  • FRTB SA and IMA Approaches
  • ValueatRisk VaR Stressed VaR and Expected Shortfall ES
  • Incremental Risk Charge IRC and Default Risk Charge DRC
  • Profit Loss Attribution PLA and Backtesting
  • NonModellable Risk Factors NMRF
  • SensitivityBased Method SBM
  • Trading Book and Banking Book regulations

Technical Analytical Skills
  • Strong SQL skills with ability to analyze large datasets
  • Experience working with market risk platforms and regulatory reporting systems
  • Understanding of data models data lineage and data governance frameworks
  • Familiarity with following is preferred Python TableauPower BI JIRA Confluence
  • Experience working with cloud and enterprise data platforms is advantageous

Preferred Experience
  • Experience working at Tier1 global investment banks
  • Direct involvement in FRTB implementation programs from design through regulatory reporting
  • Experience supporting regulatory examinations internal audit reviews and model governance initiatives
  • FRM CFA PRM MBA or equivalent professional qualifications preferred
Lorven technologies logo

About Lorven technologies

Sourced by ZipRecruiter

Lorven Technologies, headquartered in Plainsboro, New Jersey, United States, is a reputable company in the technology industry, specializing in providing effective IT solutions and consulting services. The company's official website, lorventech.com, offers comprehensive insights into its offerings which include but are not limited to software development, IT consulting, project management, and business analysis. Since its inception, Lorven Technologies has been committed to ensuring efficiency and reliability in delivering IT services to its global clientele, establishing itself as a trusted name in the industry.

Industry

It services

Company size

51 - 200 Employees

Headquarters location

Plainsboro, NJ, US

Year founded

2001

Social media

FacebookTwitter

View All Lorven technologies Jobs

Apply