AVP, Quantitative Risk Model Validator

LME Clear Limited; City Of London; On-site; GBP 70,000 - 110,000; Full time

Job summary

LME Clear Limited in London is seeking a Quantitative Analyst to validate models and support the model risk management framework. The role involves independent validation of risk and pricing models, development of benchmark and challenger models, and rigorous governance reporting.

You will work on model performance tests and prepare technical validation reports for senior management, collaborating with Risk and HKEX groups.

Qualifications

• Degree in a quantitative discipline. Masters or PhD would be a plus.
• Professional risk qualification (e.g. FRM) would be beneficial.

Responsibilities

• Independent validation of a wide range of risk and pricing models.
• Development of benchmark / challenger models and maintenance of second line risk model library.
• Development and monitoring of model performance tests.
• Manage model risk governance process and associated reporting.
• Author technical validation reports, committee briefing papers and periodic senior management reports.

Skills

Python

SQL

Analytical thinking

Communication skills

Regulatory awareness

Education

Master's or PhD in quantitative discipline

FRM or similar risk qualification beneficial

Tools

Power BI

Job description

LME Clear Limited in London is seeking a Quantitative Analyst to validate models and support the model risk management framework. The role involves independent validation of risk and pricing models, development of benchmark and challenger models, and rigorous governance reporting.

You will work on model performance tests and prepare technical validation reports for senior management, collaborating with Risk and HKEX groups.