Risk Director - Rates

Barclay Simpson; City Of London; On-site; GBP 90,000 - 150,000; Full time

Job summary

A global financial market infrastructure firm is seeking a Director of Risk for their Front Office team in London. This senior role will lead risk strategy and control development across interest rate and equity derivatives. The ideal candidate will possess a relevant postgraduate degree, extensive understanding of risk methodologies, and proven leadership experience. Competitive salary and exceptional benefits offered.

Qualifications

• Deep understanding of derivatives and quantitative risk methodologies.
• Proven leadership experience within front-office or clearing risk.
• Excellent communication and stakeholder engagement ability.

Responsibilities

• Own and enhance risk models and frameworks across interest rate and equity derivatives.
• Design and implement new risk methodologies and controls.
• Oversee backtesting, validation, and performance monitoring of complex risk models.
• Manage and mentor a team of quantitative risk professionals.

Skills

Lead dialogue with senior management

Strong programming skills (Python, SQL)

Stakeholder engagement

Deep understanding of risk methodologies

Education

Postgraduate degree in Financial Engineering or Quantitative Finance

Tools

Python

SQL

Job description

Title: Director, Front Office Risk – Rates & Equities

Location: London

Salary: Highly competitive + exceptional benefits

A global financial market infrastructure firm is seeking a Risk Director with expertise across Rates to join its leadership team. This is a senior strategic role at the forefront of market risk, modelling, and quantitative development for one of the largest and most diverse derivatives clearing operations globally.

Key Responsibilities

• Own and enhance risk models and frameworks across interest rate and equity derivatives.

• Design and implement new risk methodologies and controls to meet evolving regulatory and market demands.

• Oversee backtesting, validation, and performance monitoring of complex risk models.

• Lead dialogue with senior management, clearing members, and regulatory stakeholders.

• Manage and mentor a team of quantitative risk professionals.

Experience & Qualifications

• Postgraduate degree in Financial Engineering, Quantitative Finance, or a related field.

• Deep understanding of derivatives and quantitative risk methodologies.

• Proven leadership experience within front-office or clearing risk.

• Strong programming and data analysis skills (Python, SQL).

• Excellent communication and stakeholder engagement ability.

This position offers a rare chance to influence risk strategy and infrastructure in a highly visible role, working with some of the most dynamic asset classes in global finance.

To apply, please contact Josh Lawson (Head of Risk Recruitment) or Georgina Carter (Researcher)