Model Validation Quantitative Analyst
1 day ago
Responsibilities:
- Validation of FRTB IMA models
- Quantitative analysis and review of model frameworks, assumptions, data, and results
- Designing, modelling and prototyping challenger models when required
- Testing models numerical implementations and reviewing documentations
- Checking the adherence to governance requirements
- Documentation of findings in validation reports, including raising recommendations for model improvements
- Ensuring models are validated in line with regulatory requirements and industry best practice
- Tracking remediation of validation recommendations
Essential:
- Strong experience in Market risk modelling
- Good knowledge of FRTB IMA models
Desirable:
- Experience of model validation
Essential competency:
- Strong background in Math and Probability theory - applied to finance
- Good knowledge of Data Science and Statistical inference techniques
- Good understanding of financial products
- Good programming level in Python or R or equivalent
Desirable competency:
- Up-to-date knowledge of industry implementations of FRTB IMA
- Computer simulations and numerical approximation methods
- Awareness of latest technical developments in financial mathematics
In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.
-
Model Validation Quantitative Analyst
2 weeks ago
London, United Kingdom eFinancialCareers Full time**Role Description** This major financial group is looking for a Model Validation Quantitative Analyst to join them on an initial six-month rolling contract within their Model Risk Management team focused on independent model validation of risk methodologies across various assetclasses and risk types including credit risk, market risk, economic capital and...
-
Associate Quantitative Analyst, Model Validation
2 weeks ago
London, Greater London, United Kingdom Jobs via eFinancialCareers Full time £60,000 - £120,000 per yearRoleJefferies is looking for an Associate Quantitative Analyst to join our Model Validation function.Key ResponsibilitiesPerform independent validation and approval of models, including raising and managing model validation findingsConduct annual review and revalidation of existing modelsProvide effective challenge to model assumptions, mathematical...
-
London, Greater London, United Kingdom RBS Full time £80,000 - £120,000 per yearJoin us as a Pricing Model Validation Quantitative AnalystIn this key role, you'll review and independently validate assigned models, with a focus on pricing models, in accordance with the bank's model risk policy and risk appetiteYou'll apply your expertise in advanced quantitative modelling techniques, gained through business experience or applied academic...
-
VP Quantitative Analyst — Model Validation
5 days ago
City Of London, United Kingdom Jefferies Full timeA leading financial services firm in London is seeking a Vice President Quantitative Analyst for their Model Validation function. The role involves independent validation of models, assessing model risk, and contributing to automation initiatives. Candidates should possess a Master’s or PhD in a quantitative field, as well as strong Python coding and...
-
Quantitative Analyst, Model Validation, AVP
3 weeks ago
London, United Kingdom Jefferies Full timeRole Jefferies is looking for an Assistant Vice President Quantitative Analyst to join our Model Validation function. Key Responsibilities Perform independent validation and approval of models, including raising and managing model validation findings Conduct annual review and revalidation of existing models Provide effective challenge to model assumptions,...
-
Quant Analyst
1 day ago
London, United Kingdom eFinancial Careers Full timeSeeking a **Quantitative Analyst** to join the **Model Validation** team within a leading global investment bank based in London. To manage risk that arises from models used for derivatives valuation to models used for risk management, liquidity & capital computations. Assessing the risk associated with model considering pricing exotic options or in...
-
London, Greater London, United Kingdom Jefferies Full time £60,000 - £120,000 per yearJob DescriptionTeamThe primary mandate of Model Validation Team is to manage risk that arises from models used in the firm throughout its range of businesses, including models used for derivatives valuation, market and credit risk management, liquidity, and capital computations. The team is responsible for independently reviewing models for validity,...
-
London, United Kingdom McGregor Boyall Full timeMy client is looking for an experienced Senior Quantitative Analyst to join their Banking team on a contracting basis. This role is ideal for someone with a strong background in Pricing Model Validation and Interest Rates and coding in either C++ and/orPython. If you are looking for an exciting opportunity to use your skills and knowledge to make a...
-
Senior Model Validation Analyst
2 weeks ago
London, United Kingdom Harnham Full time**Senior Model Validation Analyst** **London** **£65,000** Our client, a growing challenger bank is looking for a Quantitative Senior Credit Risk Analyst responsible for Model Validation to monitor and validate IRB, IFRS9 models, Scorecards and Stress Testing models. The set up of the team will offer you exposureto senior-level management and as such...
-
London, United Kingdom eFinancial Careers Full time**Responsibilities**: - Review new pricing codes, covering consistency checks, the verification of PnL explanations and validating the numerical methods used. - Perform independent validation and approval of models, including raising and managing model validation findings - Responsible for the validations for the asset-classes. - Validate the pre-existing...