London-Based Quantitative Risk Model Validator

The London Metal Exchange Limited; Greater London; Hybrid; GBP 85,000 - 110,000; Full time

Job summary

The London Metal Exchange Limited (LME) is seeking a Quantitative Analyst in London to join the Financial Risk team. You will validate models used to measure market, credit, liquidity, and model risk, and support embedding the risk framework across the organisation.

Responsibilities include developing benchmark models, monitoring performance tests, and producing technical validation reports for senior management.

Qualifications

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

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.

Skills

Python

SQL

Analytical skills

Verbal/written communication

Education

Degree in quantitative discipline

FRM or risk qualification (studying towards)

Tools

Power BI

Job description

The London Metal Exchange Limited (LME) is seeking a Quantitative Analyst in London to join the Financial Risk team. You will validate models used to measure market, credit, liquidity, and model risk, and support embedding the risk framework across the organisation.

Responsibilities include developing benchmark models, monitoring performance tests, and producing technical validation reports for senior management.