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Form of work
SalaryQuantitative Risk Specialist
Leading London based investment bank.
Location: London (Hybrid working)
Contract Duration: 12 months
Responsibilities:
- develop quantitative methodologies to stress MTMs and forecast market risk losses / RWAs over a scenario horizon
- onboard new products onto the market risk stress testing platform
- collaborate closely with other teams (such as IT, market risk control, reporting, finance etc.) to ensure timely and effective market risk stress testing for the newly onboarded products
- maintain documentation of high standards for internal and external distribution on processes and approaches
- develop prototypes or automated processes for stress testing
- assist with the execution of risk processes (including regulatory submissions)
- take initiative and responsibility for tasks within the team
Your skills/experience:
- a university degree in financial engineering, econometrics, maths or statistics
- 5yrs+ experience in the industry and working on concepts of statistics, financial engineering and time series modelling
- experience in working with data and systems within investment banks
- coding expertise in Python
- strong analytical skills and deep inclination in learning / development of additional skills
- experience in use of SQL queries
If you match the above criteria, please apply!
This role is advertised via Hays Talent Solutions.
