Quantitative Advisory - Market Risk

Location City of London
Discipline: Banking and Finance
Job type: Permanent
Salary: £60000 - £110000
Contact name: Lee Horan

Contact email: lee@recfiance.co.uk
Job ref: LMH017
Published: 16 days ago
Startdate: ASAP

​Quantitative Advisory - Market Risk

My client is a specialist Quantitative Advisory Services Consultancy, currently looking for Market Risk Quantitative Analysts & Modellers to join the Market Risk team in London.

The team works with clients in Financial Services with regulatory/risk modelling challenges in areas such as Market Risk, but occasionally will have the advantage of supporting wider Quantitative Risk projects across Credit Risk, Pricing & Climate Risk.

This is a rapidly growing area supported by an increased focus across the industry. That makes this a great time to join a high-profile team where you’ll be surrounded by some of the most interesting and knowledgeable colleagues around.

They are looking to hire at both Senior Consultant level as well as Manager level, so applicants within both levels of seniority are encouraged to apply. Promotion to Manager may be possible for candidates who can demonstrate that they are at this

level.

Your key responsibilities

 Development of quantitative risk models and methodologies

 Design and implementation of solutions to our clients’ risk management challenges

 Management of complex technical projects

 Active involvement in market development and project acquisition activities

 Continuous expansion of your professional network

Your profile

 Degree in a highly quantitative subject (e.g. physics, mathematics, computer science, economics)

 Excellent object-oriented programming skills in Python

 Knowledge of current and upcoming risk regulation

 Strong technical skills - Market Risk Modelling & Analytics

 Good understanding of Derivative Pricing, Market and CVA methodologies used for the trading, risk management and ideally calculation of regulatory capital requirements.

 Modelling background, including experience in model development and model validation of derivative products pricing, market risk and CVA models

 Experience in FRTB or IBOR transition would be preferred

 Experience of the development and practical application of risk models, and model monitoring/review

 Strong written and verbal communication skills in English and ability to assess technical information and present key findings

 Desire to perform, natural curiosity and an ability to assimilate new skills quickly

 At least 2 years of relevant work experience in a modelling/analytics role

 Candidates from both the banking industry and consulting sector will be considered, with preference for candidates with some consulting experience

Skills and attributes for success

 Confident and credible communicator with good technical knowledge and commercial understanding

 Project management and strong report writing skills

 Professional qualification would be advantageous - CQF preferred

 Experience in stakeholder and client management