At a Glance
- Tasks: Manage model risk processes and validate models across market and liquidity risks.
- Company: Major financial markets organisation with a focus on quantitative analysis.
- Benefits: Competitive salary, professional development, and the chance to influence model management.
- Other info: Collaborative office environment with opportunities for technical growth.
- Why this job: Gain broad quantitative exposure and ownership in a dynamic financial environment.
- Qualifications: MSc or PhD in a quantitative field and experience in model validation.
The predicted salary is between 49500 - 60500 £ per year.
If you want broad quantitative exposure and genuine ownership, this role offers both.
You’ll take responsibility for the end-to-end model risk management process for a defined subset of models within a wider inventory, covering validation, ongoing monitoring, change reviews and the communication of findings to senior management.
We are working with a major financial markets organisation to hire a Senior Model Risk Analyst.
The model inventory spans market risk, liquidity risk and initial margin, giving you the chance to work across different methodologies and collaborate directly with the people developing, using and overseeing the models.
You’ll assess model design and assumptions, benchmark results, review backtesting and stress testing, and evaluate proposed changes and calibrations.
Where you identify weaknesses, you’ll explain the risk and recommend practical improvements.
You’ll also use Python to develop tools that strengthen validation and monitoring.
This role will suit someone who enjoys technical depth, asks incisive questions and wants to see their work influence how models are managed.
You’ll bring
- An MSc or Ph D in mathematics, statistics, quantitative finance or a related field
- Experience in model validation, quantitative analysis or risk analytics at a level commensurate with this role, including the ability to lead complex model reviews independently.
- Strong knowledge of market risk, liquidity risk or initial margin models
- Python and SQL skills, plus an understanding of option pricing, statistical risk modelling, backtesting and stress testing
- The ability to present complex findings clearly to technical and non-technical stakeholders
Experience with exchange-traded derivatives or an FRM, PRM or CFA qualification would be useful.
This role is 5 days per week in the office.
If you’re ready to own a meaningful part of a model risk inventory while continuing to broaden your technical experience, I’d be pleased to tell you more.
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AVP – Model Risk & Validation employer: Barclay Simpson
Join a dynamic and innovative Front Office Quant team where your expertise in designing and enhancing pricing models for Structured Rates Exotics will be highly valued. With a strong focus on collaboration and immediate impact, this role offers competitive compensation and the chance to work in a fast-paced trading environment that fosters professional growth and development. Experience a supportive work culture that encourages ownership and technical excellence while contributing to critical projects alongside industry-leading professionals.
StudySmarter Expert Advice🤫
We think this is how you could land AVP – Model Risk & Validation
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Barclay Simpson. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace AVP – Model Risk & Validation
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Barclay Simpson.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Barclay Simpson's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Barclay Simpson
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Barclay Simpson.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Barclay Simpson will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Barclay Simpson employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
