At a Glance
- Tasks: Manage and monitor critical risk models, conduct stress testing, and analyse model algorithms.
- Company: Globally significant financial markets organisation with a focus on innovation.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Collaborative team environment open to new ideas and automation.
- Why this job: Dive deep into technical details and make a real impact in risk management.
- Qualifications: Strong technical background in model risk, validation, or quantitative analytics.
The predicted salary is between 49500 - 60500 £ per year.
London | Hybrid working (2 days per week in office)
A globally significant financial markets organisation is looking for a technically strong risk professional to join its Liquidity and Market Risk team.
This is not a traditional liquidity reporting role.
It is a hands‑on position focused on stress testing, model ownership, validation‑style testing and detailed analysis of model algorithms, code and data.
The role would suit someone from a model risk, model validation, model governance or quantitative consulting background who enjoys getting into the technical detail.
The role
You will help manage and monitor a portfolio of critical risk models, ensuring they remain robust, reliable and compliant with internal model risk standards.
You will test model behaviour under extreme conditions, investigate unexpected outputs and develop benchmarking or challenger models.
You will also conduct liquidity stress testing and assess the impact of new products, services, participants and currencies.
The team is open to new ideas, giving you the opportunity to improve existing models, strengthen analytical processes and introduce greater automation.
Key responsibilities
- Perform daily, weekly, monthly and quarterly model monitoring and governance activities.
- Test model assumptions, parameters, algorithms and outputs.
- Stress test models using extreme scenarios to identify weaknesses or unexpected behaviour.
- Develop benchmarking and challenger models.
- Maintain model documentation in line with model risk policy.
- Run daily and quarterly liquidity stress tests, including scenarios where participants fail to meet payment obligations.
- Analyse the impact of market, geopolitical and operational events.
- Assess the liquidity implications of proposed products, services and strategic initiatives.
- Compare expected outcomes against risk appetite and escalates material findings.
- Extract, clean and analyse large and complex datasets.
- Improve existing code, automate processes and support system or data migrations.
- Present technical conclusions clearly to senior stakeholders and regulators.
- Candidate profile
- You will need a strong technical and quantitative background, ideally gained within:
- Model risk or model validation.
- Model governance or model monitoring.
- Quantitative risk analytics.
- A Big Four or specialist consultancy.
- A bank, financial institution or financial market infrastructure provider.
Candidates from consulting are particularly relevant where they have worked on model validation or technically complex quantitative assignments.
A financial markets background is useful but not essential.
The organisation is more interested in your ability to understand unfamiliar models, interrogate algorithms and work confidently with code and large datasets.
Traditional liquidity or market risk candidates may also be suitable, provided their experience has involved substantial technical analysis rather than primarily reporting and governance committees.
Essential skills
- Experience of model validation, model risk, model governance or quantitative model testing.
- Confidence analysing model methodologies, assumptions and behaviour.
- Advanced SQL, including complex queries.
- Strong Python skills.
- Experience using R for quantitative analysis.
- Ability to work with and improve an existing code base.
- Experience handling large datasets.
- Strong analytical, problem-solving and quality-control skills.
- Clear communication with both technical and non-technical stakeholders.
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VP – Liquidity & Market Quantitative Model Risk in London employer: Barclay Simpson
Barclay Simpson is an excellent employer, offering a dynamic work environment in the heart of London where compliance professionals can thrive. With a strong focus on employee growth and development, the company provides ample opportunities for career advancement while promoting a collaborative culture that values innovation and teamwork. The hybrid working model allows for a balanced work-life integration, making it an attractive choice for those seeking meaningful and rewarding employment in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land VP – Liquidity & Market Quantitative Model Risk in London
✨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 VP – Liquidity & Market Quantitative Model Risk in London
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.
