Junior Quantitative Analyst – Derivatives & Risk Modeling

Validus Risk Management; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

An independent advisory firm in London is seeking a Junior Quantitative Analyst to join their Quantitative Research team. This role involves designing and documenting risk models for credit and equity derivatives, integrating models into a Python-based platform, and contributing to model calibration and validation. The ideal candidate will hold a Master's degree in a quantitative field, have solid programming skills in Python, and possess a strong understanding of market risk concepts. Benefits include a competitive package and support for professional qualifications.

Benefits

Competitive remuneration package

Health care

Retirement plans

Financial support toward professional qualifications

Qualifications

• Strong programming skills in Python for financial modeling and data analysis.
• Practical experience with pricing and risk management of credit and/or equity derivatives.
• Ability to work independently on model design and testing.

Responsibilities

• Design, develop, and document pricing and risk models for credit and equity derivatives.
• Work closely with Quant Dev to integrate new models into our Python-based risk platform.
• Contribute to liquidity risk modelling, credit charge calculation, and scenario analysis.

Skills

Python for financial modeling

Market risk concepts

Communication skills

Attention to detail

Education

Master's degree in a quantitative/STEM field

Tools

C++ or Rust

Job description

An independent advisory firm in London is seeking a Junior Quantitative Analyst to join their Quantitative Research team. This role involves designing and documenting risk models for credit and equity derivatives, integrating models into a Python-based platform, and contributing to model calibration and validation. The ideal candidate will hold a Master's degree in a quantitative field, have solid programming skills in Python, and possess a strong understanding of market risk concepts. Benefits include a competitive package and support for professional qualifications.