At a Glance
- Tasks: Develop and enhance quantitative models for a leading global bank.
- Company: Join a prestigious bank with a focus on innovation and teamwork.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Dynamic role with potential for career advancement in a collaborative environment.
- Why this job: Make an impact in finance by working on cutting-edge quantitative analysis.
- Qualifications: Strong mathematical skills and programming experience in C++, Java, Python, or R.
The predicted salary is between 60000 - 80000 £ per year.
The role will require working closely with the model development team of a large global bank. This will include developing new models, enhancing/improving, and maintaining existing models to support the bank’s business activities and regulatory mandates.
The candidates are required to have sound knowledge and exposure to pricing models across different asset classes. This will include exposure to any of the following methodologies:
- Counterparty Risk and CVA methodologies
- IMM and Risk-based margins
- Enterprise-wide models including Operational risk and Economic Capital
Key responsibilities include:
- Understanding business requirements and regulatory guidelines
- Cleaning/transforming data
- Determining appropriate modeling methodologies
- Model construction/testing
- Building prototype models
- Validating the models based on prescribed guidelines
- Model documentation and review
Good Mathematical and numerical skills with excellent knowledge of quantitative finance topics like Geometric Brownian Motion, Stochastic Calculus, Partial Differential Equations, Monte Carlo simulation etc.
Exposure to valuation/pricing models across asset classes with experience in different methods used.
Strong exposure to various risk concepts including VaR, CVA, IMM and Risk-based margins amongst others.
Sound knowledge of standard tools and platforms used in the industry.
Ability to explain complicated concepts with ease to a wide range of audiences.
Comfortable programming in one or more of the following: C++/C#, Java, Python, R etc.
Good communication skills, team-work and flexibility.
Quantitative Analyst in London employer: Bullhorn Consultants Pvt. Ltd.
As a leading global bank, we pride ourselves on fostering a dynamic and inclusive work environment that encourages innovation and collaboration. Our London office offers exceptional opportunities for professional growth, with access to cutting-edge resources and a diverse team of experts in quantitative finance. Join us to not only advance your career but also contribute to impactful projects that shape the future of banking.
Contact Details:
Bullhorn Consultants Pvt. Ltd. Recruitment Team
