Model Risk Validator (Quant) – London

London Metal Exchange; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

London Metal Exchange in London seeks a senior risk model validator to oversee independent validation of risk and pricing models across the second line. You will develop benchmark models, monitor performance tests, and report to senior management.

The role requires strong Python/SQL skills, Power BI experience, and knowledge of regulatory environments around model risk management. This is a permanent, on-site role within the UK division.

Qualifications

• Degree in a quantitative discipline; Masters or PhD would be a plus.
• Professional risk qualification (e.g. FRM) would be beneficial (studying towards)
• Strong programming experience with Python and SQL.

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.
• Author technical validation reports, committee briefing papers and periodic senior management reports.

Skills

Python

SQL

Power BI

Qualitative and quantitative analysis

Verbal and written communication

Regulatory knowledge

Education

Degree in quantitative discipline

Masters or PhD would be a plus

Tools

Power BI

Other programming languages

Job description

London Metal Exchange in London seeks a senior risk model validator to oversee independent validation of risk and pricing models across the second line. You will develop benchmark models, monitor performance tests, and report to senior management.

The role requires strong Python/SQL skills, Power BI experience, and knowledge of regulatory environments around model risk management. This is a permanent, on-site role within the UK division.