Quantitative modeler M / F

Hays Luxembourg; Berlin; Vor Ort; EUR 60.000 - 90.000; Vollzeit

Zusammenfassung

A leading European institution seeks a Quantitative Modeller for a temporary role in financial risk management. The ideal candidate will possess strong quantitative skills and relevant experience, responsible for developing and implementing risk models while effectively communicating with stakeholders.

Qualifikationen

• Minimum 5 years of relevant professional experience in quantitative modeling.
• Postgraduate degree in Economics, Finance, Actuarial Science, Mathematics, Statistics, Physics, or related fields.
• Excellent English communication skills.

Aufgaben

• Develop and implement quantitative risk models.
• Guide IT staff for model implementation in production systems.
• Monitor models' predictive performance and maintain documentation.

Kenntnisse

Quantitative modeling

Programming

Financial risk management

Effective communication

Ausbildung

University degree in a quantitative field

Tools

Python

Matlab

Jobbeschreibung

Our client is a famous European institution located in Kirchberg. They are looking for a Quantitative Modeller M / F as a temp worker for a duration of 2 months with the possibility of extension.

The candidate reports to and works under the supervision of senior members of the Risk Models & Analytics Unit within the Capital Management & Financial Risk Division.

Purpose :

Development and implementation of quantitative risk models to measure, monitor and manage financial risk and capital.

Responsibilities :

At a level commensurate with their experience and seniority, the candidate will :

• gain an in-depth understanding of the business and risk processes that are in place
• infer therefrom the requirements that the quantitative models should adhere to
• translate those requirements into mathematical formulations that are in line with the theories and practices from the literature and best market practices
• implement these formulations in a prototype using a programming language to demonstrate their viability and performance
• provide guidance to the IT staff for implementation of the model in robust production IT systems
• carry out all essential tasks across the model's lifecycle in line with model risk management policies and procedures (like monitoring the models' predictive performance, preparing and maintaining the relevant documentation, etc.)
• where needed, provide guidance to the users when they operate the models in their daily operations

The sought profile should have strong quantitative modeling skills (incl. programming), combined with a strong knowledge and experience in financial risk management. In addition, the candidate should be able to communicate effectively with a wide range of stakeholders.

Qualifications :

• University degree in a quantitative field, preferably at postgraduate level, in Economics, Finance, Actuarial Science, Mathematics, Statistics, Physics or related subjects
• At least five (5) years of post-graduation (after having obtained your initial university diploma) relevant professional experience - or postgraduate academic experience - in quantitative modelling of financial products and / or financial risk modelling and programming (e.g., in Python, Matlab, etc.)
• Excellent knowledge of English, both oral and written, with good drafting skills