Fixed Income Risk Quant: VaR Modeling & Validation

HSBC; Greater London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading financial institution in London seeks a Traded Risk Quantitative Analyst for a 6-month contract to develop and enhance risk models within a dynamic environment. The role involves creating VaR and RNIV models, validating performance, and building tools using Python. Candidates should possess a strong background in Math or related fields, along with risk management experience. This is a fantastic opportunity for professionals passionate about quantitative analysis and risk management.

Qualifications

• Experience in developing and enhancing risk models for global traded risk portfolios.
• Familiarity with regulatory frameworks like FRTB.
• Strong understanding of pricing and risk management of Rates products.

Responsibilities

• Develop and improve VaR, RNIV models.
• Validate model performance using real-world data.
• Build Python-based tools for testing models.
• Manage the full Model Life Cycle.
• Collaborate across teams for consistency.
• Identify automation and process improvement opportunities.

Skills

Mathematical expertise

Python programming

Statistical analysis

Risk management knowledge

Analytical skills

Communication skills

Education

Background in Maths, Engineering, Science, Finance, or Business Management

Job description

A leading financial institution in London seeks a Traded Risk Quantitative Analyst for a 6-month contract to develop and enhance risk models within a dynamic environment. The role involves creating VaR and RNIV models, validating performance, and building tools using Python. Candidates should possess a strong background in Math or related fields, along with risk management experience. This is a fantastic opportunity for professionals passionate about quantitative analysis and risk management.