Junior Quantitative Analyst

Forvis Mazars; London; On-site; GBP 45,000 - 75,000; Full time

Job summary

Forvis Mazars is seeking a Quantitative Analyst to join their London team. In this role, you will engage in delivering quantitative finance projects for a diverse clientele, with responsibilities including model validation and support for business development. Ideal candidates possess strong experience in derivative pricing, risk modelling, and programming skills. Join a team that values career progression and supports individual growth.

Qualifications

• Advanced knowledge in derivative pricing and quantitative risk management required.
• Strong experience in derivative pricing and market risk modelling.
• Familiarity with programming languages like Python, R, or C++ is essential.

Responsibilities

• Deliver quantitative finance projects for clients in various sectors.
• Conduct model validation and implementation reviews for clients.
• Support business development by preparing client proposals.

Skills

Derivative pricing

Quantitative risk management

Stochastic calculus

Statistics

Probabilities

Model validation

Machine learning

Teamwork

Education

Advanced degree in a quantitative field

Tools

Python

R

C++

Job description

Social network you want to login/join with:

Forvis Mazars is an engine for rapid and consistent career progression, offering individually designed career paths that help you pursue your interests, match your changing needs, and explore your true potential. We work with diverse, prestigious clients across a range of sectors and geographies, giving you the opportunity to constantly update and grow your skills for lifelong professional development.

Due to the continued growth of our FS Risk Consulting Department, we are looking for a Quantitative Analyst to join the Quantitative Finance Team based in London. You will mainly interact with banks but also insurance companies, large corporates and service companies on a variety of projects.

About the role

Contribute in small and large-sized multidisciplinary engagement teams delivering quantitative finance projects for clients:

• Model validation for small to large size clients, for quantitative risk management models such as (PD/LGD, VaR, Expected Shortfall, EPE/PFE)
• Implementation review of accounting standards such as FRTB, IFRS9, CECL
• Development of internal pricing libraries and tools (e.g. C/ECL, stress testing)
• Oversee summer internship projects
• Support business development by preparing client proposals
• Help with administrative tasks (such as training and recruitment)

What are we looking for?

• Advanced knowledge in derivative pricing, quantitative risk management (covering credit, market and counterparty risk), stochastic calculus, modelling, statistics and probabilities
• Strong significant experience either in derivative pricing, credit (PD and LGD modelling) and market (VaR, Expected Shortfall, FRTB) risk modelling
• Strong experience in either of Python, R or C++
• Ability to work in a team
• Desired experience/skills: model validation and machine learning

About Forvis Mazars

Forvis Mazars is a leading global professional services network. The network operates under a single brand worldwide, with just two members: Forvis Mazars LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories.

Both member firms share a commitment to providing an unmatched client experience, delivering audit & assurance, tax and advisory services around the world. Together, our strategic vision strives to move our clients, people, industry and communities forward.Through our reach and areas of expertise, we help organisations respond to emerging sustainability issues in the global marketplace including human rights, climate change, environmental impacts and culture.

We are one diverse, multicultural, multi-generational team with a huge sense of connection and belonging. This is a place where you can take ownership of your career, get involved, believe in yourself and put your ideas into action.

At Forvis Mazars, we empower our people and celebrate individuality. We thrive on teamwork and are agile. We have bold foresight and give people the freedom to make a personal contribution to our shared purpose. We support one another to deliver quality, create change and have a deeper understanding, to help make an impact so that everyone can reach their full potential.

Being inclusive is core to our culture at Forvis Mazars; we want to ensure everyone, whether in the recruitment process or beyond is fully supported to be their unique self. To read more about our approachclick here.

Our aim is to make the recruitment process as accessible and inclusive as possible - please contact us to discuss any changes you may require so we can work with you to support you throughout your application.

Visit forvismazars.com/uk to learn more.