At a Glance
- Tasks: Join us as a Credit Quant Analyst, developing advanced models for credit risk and investment decisions.
- Company: Quanteam is a leading consulting firm in Capital Markets with a global presence and diverse expertise.
- Benefits: Enjoy hybrid working, long-term engagement, and the chance to work on impactful projects.
- Why this job: Be part of a dynamic team enhancing credit modelling capabilities in a collaborative environment.
- Qualifications: Advanced degree in Quantitative Finance or related field; strong programming skills required.
- Other info: Ideal start date is ASAP or May 2025; experience with regulatory frameworks is a plus.
The predicted salary is between 43200 - 72000 £ per year.
Role: Credit Risk Quant Analyst
Location: London – Hybrid working
Full Time Contract Inside IR35 – (Long Term Engagement)
Start Date: Ideally ASAP / May 2025
Job Overview: We are seeking a skilled Credit Quant Analyst to join our team and contribute to the expansion and enhancement of our credit risk modelling capabilities. This role will focus on developing and implementing advanced quantitative models for scenario generation, rating migration, default modelling, and spread risk analysis across various asset classes.
Key Responsibilities:
- Expand and calibrate the economic scenario generator covering rates, credit, and equity.
- Develop and implement rating migration and default models for asset-based finance, structured credit investments, and private credit.
- Build a spread risk modelling platform to complement existing migration and loss modelling systems.
- Collaborate with stakeholders to enhance the proprietary credit modelling platform.
- Provide quantitative insights to support risk management and investment decision-making.
Qualifications:
- Advanced degree (Master’s or PhD) in Quantitative Finance, Mathematics, Statistics, or a related field.
- Proven experience in credit risk modelling, scenario generation, or financial modelling.
- Strong programming skills, ideally in Python, C++, or similar.
- Solid understanding of structured credit, private credit, and asset-based finance.
- Familiarity with regulatory frameworks, including FRTB, is a plus.
WHO WE ARE
Quanteam Group is a Consulting firm specialized in the Capital Markets industry, 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.
Credit Analyst - Quanteam employer: Quanteam
Contact Detail:
Quanteam Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Analyst - Quanteam
✨Tip Number 1
Network with professionals in the credit risk and quantitative finance sectors. Attend industry events, webinars, or meetups to connect with potential colleagues and learn more about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific tools and technologies mentioned in the job description, such as Python and C++. Consider working on personal projects or contributing to open-source projects to showcase your programming skills.
✨Tip Number 3
Stay updated on regulatory frameworks like FRTB that are relevant to the role. Understanding these regulations can give you an edge during interviews and demonstrate your commitment to the field.
✨Tip Number 4
Prepare for technical interviews by practising quantitative modelling problems and scenario generation exercises. This will help you articulate your thought process and problem-solving skills effectively during the interview.
We think you need these skills to ace Credit Analyst - Quanteam
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit risk modelling and quantitative analysis. Use specific examples that demonstrate your skills in programming languages like Python or C++, as well as your understanding of structured credit and asset-based finance.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to Quanteam and how your background aligns with the role of Credit Quant Analyst. Mention any specific projects or achievements that showcase your expertise in developing quantitative models.
Highlight Relevant Qualifications: In your application, emphasise your advanced degree in Quantitative Finance, Mathematics, or Statistics. If you have experience with regulatory frameworks like FRTB, be sure to include that as it can set you apart from other candidates.
Showcase Collaboration Skills: Since the role involves working with stakeholders, mention any past experiences where you successfully collaborated on projects. This could include teamwork in developing financial models or contributing to risk management strategies.
How to prepare for a job interview at Quanteam
✨Showcase Your Technical Skills
As a Credit Quant Analyst, you'll need to demonstrate your programming prowess, especially in Python or C++. Be prepared to discuss specific projects where you've applied these skills, and consider bringing examples of your work to the interview.
✨Understand the Regulatory Landscape
Familiarity with regulatory frameworks like FRTB can set you apart. Brush up on these regulations and be ready to explain how they impact credit risk modelling and decision-making in your previous roles.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to develop and implement quantitative models. Think through scenarios related to rating migration and default modelling, and be ready to articulate your thought process and methodologies.
✨Demonstrate Collaborative Spirit
Collaboration is key in this role. Be prepared to discuss how you've worked with stakeholders in the past to enhance modelling platforms or support risk management decisions. Highlight any successful teamwork experiences that showcase your communication skills.