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Market Risk Modeller - Quant

About the Employer

Job Description

Market Risk Modeller/ Validation - Senior Analyst £85,000 - £95,000 Basic bonus&benefits. London (Hybrid working) Do you have experience of market risk modelling or validation with strong quant background? Would you like to change your role and work for a well-regarded international bank, which gives you a platform to develop your skills and challenge yourself in a collaborative environment? Your new role would be a challenging permanent opening as a Market Risk Model Validation Senior Analyst based in the City, London, with home working at least 2 days a week. You will be in a key role undertaking critical review and challenge the bank’s use of models quantitative tools and technical analysis and drive best practice regarding modelling, data and analytics standards. The role will involve substantial data manipulation and independent analysis to identify risks, trends and solutions In addition the role will also involve senior manager engagement, frequent communication of results and recommendations, so you will be an excellent communicator. In order to qualify for this excellent opportunity, you must have worked with building or validating market risk models Other required experience includes: 5 years of experience working in a model validation and/or model development role. Advanced working knowledge of Retail / Corporate / Private banking including core financial processes, Treasury activities, and activities undertaken by the second line Risk function. Strong mathematical, first principles understanding of modelling methodologies, understanding of economic theory, understanding of financial notation and formulas, and understanding of AI and ML techniques. Broad understanding of best practice surrounding model lifecycle management and model validation. Experienced in scoping, developing, testing, validating, implementing and documenting financial models and financial tools. Significant expertise in the use of data analysis tools such as SQL, Python, SAS to perform risk analysis, manipulate data, identify trends, build tools/models, and to automate processes. Advanced level Excel with VBA/macros.