Quantitative Risk Modeller

4 weeks ago


Stirling, Stirling, United Kingdom ENGINEERINGUK Full time

Job Title: Risk Modelling Specialist

Job Summary:

We are seeking a highly skilled Risk Modelling Specialist to join our team at ENGINEERINGUK. The successful candidate will be responsible for developing and maintaining economic and market-related methods and assumptions used to value options and guarantees, calculate regulatory capital, and support the production of regular market data packs.

Key Responsibilities:

  1. Collaborate with colleagues to maintain and enhance controls to support improvement of the overall control environment, customer outcomes, and reduction in operational risk.
  2. Develop and implement novel technical solutions that are pragmatic and fit within business needs, producing analysis to support solutions.
  3. Present findings and results, building an understanding of audience-specific communication requirements.

Requirements:

  1. Bachelor's degree, Master's degree, or PhD in a quantitative subject, e.g. mathematics, computer science, actuarial science.
  2. 3+ years' experience of quantitative modelling gained within the insurance, banking, or asset management industry.
  3. Good knowledge of financial markets and multiple assets.
  4. Good understanding of statistics and statistical methods, e.g. stochastic simulation, VaR methodology, and back-testing.
  5. Good practical experience of development in Python/C++.

Desirable:

  1. Professional designations such as CFA, FRM, FIA/FFA would be viewed as favourable.

About Us:

ENGINEERINGUK is a diverse workforce with an inclusive culture, underpinned by our policies and employee-led networks who provide networking opportunities, advice, and support for diverse communities. We are committed to attracting, promoting, and retaining exceptional people, regardless of gender, ethnicity, age, sexual orientation, nationality, disability, or long-term condition.



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