Address
Form of work
Salary*£105k - £110k + Excellent Benefits + Flexible Working*
My leading, Investment Banking Client is on the search for a highly skilled Quantitative (Counterparty Credit) Risk Assistant Vice President to join their growing team. This role is a Hybrid-Role based in London.
Responsibilities Quantitative Counterparty Credit Risk - Assistant Vice President:
- Participate in projects, related to Counterparty Credit Risk topics, across multiple Asset Classes.
- Investigate, analyse and design risk methods, respecting the aims of accurately capturing risks whilst considering system or other constraints;
- Design, develop and test code changes required to implement the risk methods in the risk systems, whilst assisting the technical teams responsible for optimisation and promotion of the code to the production environment;
- Contribute to the quality assurance processes surrounding risk measurement, including back-testing and the VaR Adequacy (P&L Explain) process; cooperate with the risk model validation teams in the review and approval of risk models;
- Support regulatory interactions, participating in industry working groups and Quantitative Impact Studies (QIS);
Essential skills:
- 5 years + experience within the Quantitative Risk space
- A strong interest in Counterparty Credit Risk best practises, financial markets and economic developments;
- A strong academic background, with at minimum a Masters in mathematics, physics or quantitative finance;
- Proven experience in a quantitative risk modelling capacity;
- A practical knowledge of derivatives, their risk drivers and the models used to price them; sound understanding of stochastic processes and their application to risk factor simulations;
- Experience designing and implementation of quantitative models, using C# or C++ in a source-controlled environment;
This is an excellent opportunity to join a well established Investment Banking Organisation. Competitive salary, benefits, and flexible working. If you are interested, please apply now.
