Senior Model Risk Analyst: Validation & Pricing

NCSL International; Greater London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

ICE Clear Europe, based in London, is seeking a Senior Model Risk Analyst to join the Model Risk Management team. You will validate and monitor pricing and risk models used by the clearing house, ensuring accuracy, robustness, and regulatory compliance across margin, add-ons, and stress testing frameworks.

The role requires advanced quantitative training (MSc/PhD) and 3+ years in model validation or risk analytics, with strong Python and SQL skills and a good grasp of VaR and backtesting.

Qualifications

• Advanced degree in a quantitative field.
• 3+ years in model validation, quantitative analysis or risk analytics.
• Strong knowledge of risk frameworks and stress testing.

Responsibilities

• Validate risk and pricing models and review stress testing frameworks.
• Document findings and communicate risks to stakeholders.
• Monitor model performance and drive risk-mitigating actions.
• Provide guidance on model usage and regulatory interpretations.

Skills

Python (NumPy/Pandas)

SQL

VaR/Stress Testing knowledge

Model validation

Communication skills

Education

MSc/PhD in Mathematics/Statistics/Quantitative Finance

Job description

ICE Clear Europe, based in London, is seeking a Senior Model Risk Analyst to join the Model Risk Management team. You will validate and monitor pricing and risk models used by the clearing house, ensuring accuracy, robustness, and regulatory compliance across margin, add-ons, and stress testing frameworks.

The role requires advanced quantitative training (MSc/PhD) and 3+ years in model validation or risk analytics, with strong Python and SQL skills and a good grasp of VaR and backtesting.