XVA Validation Quant: Independent Model Risk Expert

NCSL International; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

Quanteam UK is seeking an XVA Model Validation Quant to join our Model Risk and Validation practice. The successful candidate will independently review, challenge and validate XVA pricing and risk models, ensuring they are sound and compliant within regulatory frameworks.

You will work with Front Office, Risk and Quant teams, produce clear validation reports, and contribute to model governance through rigorous analysis, backtesting and documentation.

Qualifications

• XVA model validation expertise is essential.
• Strong knowledge of CVA, DVA, FVA, MVA and KVA and their pricing implications.
• Experience with Monte Carlo simulation, stochastic calculus and numerical methods.
• Advanced degree in Mathematics, Physics or Financial Engineering or related field is required.

Responsibilities

• Perform independent validation of XVA models (CVA, DVA, FVA, ColVA, MVA, KVA).
• Review exposure simulation framework, risk factor models, Monte Carlo engines and collateral modelling.
• Develop benchmarks and challenger models to test outputs, sensitivities and stability.
• Produce clear validation reports and present findings to model owners and risk committees.
• Support remediation of validation findings and contribute to model governance.

Skills

XVA methodologies

Counterparty credit risk

Derivatives pricing

Stochastic calculus

Python

C++

Education

MSc or PhD in a quantitative discipline

Tools

Python

C++

Job description

Quanteam UK is seeking an XVA Model Validation Quant to join our Model Risk and Validation practice. The successful candidate will independently review, challenge and validate XVA pricing and risk models, ensuring they are sound and compliant within regulatory frameworks.

You will work with Front Office, Risk and Quant teams, produce clear validation reports, and contribute to model governance through rigorous analysis, backtesting and documentation.