XVA Model Validation Quant

Quanteam UK; City Of London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading consulting firm in capital markets is seeking an experienced XVA Model Validation Quant to join their Risk and Quantitative Analytics team in London. This hybrid role focuses on validating and enhancing valuation adjustment models, ensuring compliance and accuracy. Candidates should have a strong background in quantitative finance, proficiency in C++ and Python, and excellent communication skills. The position offers a full-time employment opportunity with a hybrid working model.

Qualifications

• Strong background in quantitative finance or related discipline.
• Deep understanding of derivative pricing and counterparty credit risk.
• Excellent communication skills and ability to work cross-functionally.

Responsibilities

• Validate and benchmark XVA models across asset classes.
• Review model assumptions and methodologies.
• Produce clear documentation for validation reports.

Skills

Quantitative finance knowledge

C++ proficiency

Python proficiency

Strong communication skills

Education

Master’s or PhD in quantitative finance, mathematics, or related discipline

Job description

Overview

We are seeking an experienced XVA Model Validation Quant to join our Risk and Quantitative Analytics team. The successful candidate will focus on the validation and enhancement of valuation adjustment (XVA) models, ensuring accuracy, compliance, and robustness across the bank’s trading and risk platforms.

Key Responsibilities

• Validate and benchmark XVA models (CVA, DVA, FVA, MVA) across asset classes.
• Independently review model assumptions, methodologies, and numerical implementations.
• Develop testing frameworks and backtesting tools to ensure models meet regulatory and internal standards.
• Partner with Front Office Quants, Risk, and Model Risk Management teams to resolve model issues and recommend improvements.
• Produce clear documentation for validation reports and regulatory reviews.

Key Requirements

• Strong background in quantitative finance, mathematics, or related discipline (Master’s or PhD preferred).
• Deep understanding of derivative pricing, counterparty credit risk, and valuation adjustments (XVA).
• Proficiency in C++ and Python for model development and testing.
• Familiarity with regulatory requirements (e.g., SR 11-7, Basel III) and model risk governance.
• Excellent communication skills and ability to work cross-functionally.

About Quanteam

Quanteam Group is a Consulting firm specialized in the Capital Markets industry, with offices in Paris, London, Krakow, Brussels, New York and North Africa. Since 2007, our 800 consultants provide major clients (Corporate & Investment Banks, Asset Managers, Hedge Funds, Brokers and Insurance Companies) with expertise in several projects such as Financial Engineering, Quantitative Research, Regulatory Implementation, IT Transformation & Innovation.

The firm mainly takes part in:

• Business consulting: Quantitative research, Risk management (e.g. Market risk, credit risk, counterparty risk), Banking regulations (e.g. Basel III, Solvency II, FATCA, EMIR, MiFID), Pricing & Valuation, Organizational Transformation & Process Improvement.
• IT & Information systems consulting: Business Analysis, Project Management, Change management, Front Office Support (functional and technical), Development (e.g C++, Python, C#, Java, VBA), Financial Software (e.g. Sophis, Murex, Summit, Calypso), IT Transformation & Innovation.

As part of Quanteam Group, Quanteam UK & PL has today more than 80 consultants, working for major Capital Markets institutions in London and Krakow.

Quanteam Group is a Consultancy firm specialised in the Financial Markets industry.Since 2007, our 800 consultants provide major clients (Corporate ...

Location: London, UK • Hybrid working: 3 days on-site • Employment: Full Time

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