Quantitative Model Risk Validator (Pricing & Risk)

Macquarie Group; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Wellbeing leave day

Parental leave benefits

Fertility and transition leave

Volunteer leave and donation matching

Salary sacrifice options

Medical and life insurance

Job summary

Macquarie Group is seeking a Quantitative Analyst within the Model Risk Management team in London. You will participate in the independent validation of pricing and risk models across global trading activities, collaborating with quantitative developers, traders and risk professionals to review methodologies and assess performance.

You will apply quantitative techniques—Monte Carlo, SDEs, finite-difference methods—and communicate insights to support risk-informed decisions while developing

Qualifications

• Degree in a highly quantitative discipline (maths, stats, physics, engineering, CS, financial maths, or related).
• Strong foundation in probability, statistics, stochastic calculus and numerical methods.
• Knowledge of derivatives pricing techniques (Monte Carlo, SDEs, finite-difference/grid methods).
• Interest in financial markets, derivatives and quantitative modelling; prior experience helpful but not required.
• Experience using programming or analytical tools to solve quantitative problems.
• Proficiency with Python, C++, or R; exposure to regression, optimisation or time-series analysis.

Responsibilities

• Contribute to independent validation of pricing and risk models used across global trading activities.
• Apply analytical and programming techniques to review model methodologies and assess performance under different market conditions.
• Communicate insights to support informed decision-making and strengthen model integrity across locations.

Skills

Mathematics

Statistics

Probability

Stochastic calculus

Numerical methods

Python

C++

R

Quantitative modelling

Communication

Education

Bachelor's or higher in a highly quantitative discipline

Tools

Python

C++

R

Job description

Macquarie Group is seeking a Quantitative Analyst within the Model Risk Management team in London. You will participate in the independent validation of pricing and risk models across global trading activities, collaborating with quantitative developers, traders and risk professionals to review methodologies and assess performance.

You will apply quantitative techniques—Monte Carlo, SDEs, finite-difference methods—and communicate insights to support risk-informed decisions while developing