Remote Senior Quantitative Model Validator - XVA/CVA Expert

Capitex; Saudi Arabia; Remote; SAR 262,467 - 337,457; Full time

Job summary

A leading financial services firm is seeking experienced Quantitative Pricing / Model Validation professionals for a fully remote role based in Saudi Arabia. Ideal candidates will have over 5 years of experience in validating pricing models and strong knowledge of derivatives across various asset classes. Responsibilities include validating models, engaging with different teams, and contributing to model risk frameworks for high-impact projects across capital markets.

Qualifications

• 5+ years’ experience in Quantitative Analytics, Model Validation or Model Development.
• Strong hands‑on exposure to XVA / CVA modelling.
• Experience with Interest Rate Derivatives, FX Derivatives, Equity Derivatives.
• Strong understanding of stochastic calculus and pricing theory.

Responsibilities

• Validate pricing and risk models across multiple asset classes.
• Review and challenge XVA frameworks including CVA, DVA, FVA.
• Perform benchmarking, sensitivity analysis, and stress testing.
• Engage with various teams for model validation.

Skills

Monte Carlo simulation

PDE methods

Numerical methods for derivatives pricing

Counterparty credit risk modelling

Strong data analysis capability

Education

Master’s or PhD in Quantitative Finance

Tools

Python

C++

MATLAB

R

Job description

A leading financial services firm is seeking experienced Quantitative Pricing / Model Validation professionals for a fully remote role based in Saudi Arabia. Ideal candidates will have over 5 years of experience in validating pricing models and strong knowledge of derivatives across various asset classes. Responsibilities include validating models, engaging with different teams, and contributing to model risk frameworks for high-impact projects across capital markets.