Senior CCR Quantitative Analyst

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled individual to join their Quantitative Counterparty Risk Team in London. This role focuses on leading methodology projects and developing risk models across various asset classes. Candidates should possess strong knowledge in Quantitative Counterparty Risk and be proficient in C#, C++, and Python. The position offers a unique opportunity to contribute to a global team while engaging with regulatory bodies and collaborating with various stakeholders. This is an exciting chance for those looking to make a significant impact in a dynamic environment.

Qualifications

• Strong knowledge of Quantitative Counterparty Risk and Market Risk.
• Proven track record in Quantitative Modeling and backtesting.

Responsibilities

• Investigate and design risk methodologies considering systems and variables.
• Lead methodology projects and engage with regulatory bodies.

Skills

Quantitative Counterparty Risk

Quantitative Modeling

Backtesting Methodologies

C#

C++

Python

Communication Skills

Job description

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Opportunity Overview

We currently have an exciting opportunity to join a renowned global organization within their Quantitative Counterparty Risk Team on a permanent basis in London.

Team Focus

The team comprises quantitative modelers specializing in market, liquidity, and counterparty risk. The primary focus of this role is on the Counterparty side, across various asset classes, including work on IMM models, EEPE, CVA, Remediation, and Back Testing.

Candidate Profile

This position is ideally suited for an autonomous individual who can lead from an expert perspective, rather than through direct management. Your skills and experience should enable hands-on modeling, decision-making, mentoring, and coordination.

Key Responsibilities

1. Investigate, analyze, and design risk methodologies to capture risks considering systems and other variables.
2. Lead methodology projects, gather, and document requirements.
3. Engage with regulatory bodies and collaborate with Front Office and Risk Managers.
4. Design, develop, and test code to implement risk methods within risk systems.
5. Coordinate with Quality Assurance for risk measurement validations such as backtesting.
6. Contribute to a strong international and global team environment.

Required Skills

• Strong knowledge of Quantitative Counterparty Risk; transferable Market Risk experience is also valuable.
• Proven track record in Quantitative Modeling.
• Experience with backtesting methodologies; collateral and initial margin models are a plus.
• Proficiency in C#, C++, and Python for model development.
• Excellent communication skills to liaise effectively with various teams and stakeholders.

We invite interested candidates to get in touch to discuss this role. The position is open to both local and international applicants, suitable for those already in London or looking to establish themselves here in the UK.