Senior Quant Model Risk Lead, Interest Rates

JPMorgan Chase & Co.; Greater London; On-site; GBP 100,000 - 130,000; Full time

Job summary

A leading global financial services firm is seeking a Quant Model Risk Vice President to join their Interest Rates team in Greater London. In this role, you will assess model risk for complex pricing models used in Interest Rate derivatives, provide guidance on model usage, and manage junior team members. The ideal candidate has over 5 years of experience in model risk and a strong foundation in quantitative analysis. Excellent communication skills and coding proficiency in C/C++ or Python are essential for success.

Qualifications

• 5+ years of experience in a FO or model risk quantitative role.
• Inquisitive nature with strong problem-solving skills.
• Excellent written and verbal communication skills.

Responsibilities

• Analyze and assess the soundness of complex pricing models.
• Provide guidance on model usage and act as a contact for new models.
• Develop and implement alternative model benchmarks.

Skills

Probability theory

Stochastic processes

Statistics

Partial differential equations

Numerical analysis

Option pricing theory

C/C++

Python

Communication skills

Education

MSc or PhD in a quantitative discipline

Job description

A leading global financial services firm is seeking a Quant Model Risk Vice President to join their Interest Rates team in Greater London. In this role, you will assess model risk for complex pricing models used in Interest Rate derivatives, provide guidance on model usage, and manage junior team members. The ideal candidate has over 5 years of experience in model risk and a strong foundation in quantitative analysis. Excellent communication skills and coding proficiency in C/C++ or Python are essential for success.