FRTB Market Risk Quant – ES/SBM/IMA Expert

Quanteam UK; Greater London; On-site; GBP 90,000 - 140,000; Full time

Job summary

Quanteam UK in London is seeking a Market Risk Quantitative Analyst with FRTB expertise to develop and maintain SA/IMA capital methodologies across multiple asset classes. The role offers both permanent and contract opportunities within a specialist analytics team.

You will translate regulatory requirements into robust models, collaborate with risk, front office, finance and technology, and produce clear documentation and regulatory-ready outputs.

Qualifications

• Degree at MSc level or higher in a quantitative field.
• Practical FRTB experience and SA/IMA knowledge.
• Experience in market risk modelling: VaR, ES, or Stressed VaR.
• Derivatives pricing and risk sensitivities knowledge.
• Programming in Python with analytical tools.
• SQL experience with large datasets.
• Supporting IMA applications or regulatory reviews.
• Familiarity with Basel III, CRR, PRA market risk requirements.
• Exposure to Counterparty Credit Risk or CVA.

Responsibilities

• Develop, implement and maintain FRTB market risk models (ES, SBM, DRC, RRAO).
• Design risk factor mappings, liquidity horizons and data needs per regulation.
• Document methodologies and testing evidence for model validation.
• Collaborate with technology teams on system changes for model enhancements.
• Explain capital movements and provide risk commentary for senior stakeholders.
• Address regulatory queries and internal audit requests.
• Support IMA desk eligibility through PLAT/backtesting analyses.

Skills

Communication

Analytical problem solving

Autonomy

Team collaboration

Regulatory awareness

Education

MSc in Mathematics, Physics, Statistics, Quantitative Finance, Engineering or related quantitative discipline

Tools

Python

SQL

C++

C#

Job description

Quanteam UK in London is seeking a Market Risk Quantitative Analyst with FRTB expertise to develop and maintain SA/IMA capital methodologies across multiple asset classes. The role offers both permanent and contract opportunities within a specialist analytics team.

You will translate regulatory requirements into robust models, collaborate with risk, front office, finance and technology, and produce clear documentation and regulatory-ready outputs.