At a Glance
- Tasks: Develop and manage counterparty credit risk stress-testing scenarios and collaborate with teams.
- Company: Exciting mid-tier bank located in the City of London.
- Benefits: Competitive salary of up to £115,000 per annum and hybrid working model.
- Other info: Opportunity for career growth in a collaborative environment.
- Why this job: Join a dynamic team and make a significant impact on risk management strategies.
- Qualifications: Strong experience in Counterparty Credit Risk analytics and programming skills in Python, VBA, R, and SQL.
The predicted salary is between 115000 - 115000 £ per year.
PERMANENT| 115,000.00PER ANNUMRECRUITER: | Simon Blau Counterparty Credit Risk Quant - Vice President City of London Hybrid (3/2 split)Permanent Up to 115,000cer Financial are working alongside an exciting, mid-tier bank, who are based in the City of London.
They are seeking a Counterparty Credit Risk Quant - Vice President to work with them on a permanent basis.
The responsibilities of the Counterparty Credit Risk Quant - Vice President will include: Develop and manage counterparty credit risk stress-testing scenarios aligned with market risk frameworks for daily and ad-hoc analysis.
Collaborate with the Americas Quant team to enhance and implement stress-testing scenarios for the EMEA portfolio.
Contribute to the Credit and Counterparty Credit Risk Committee, providing key risk insights and reporting.
Deliver risk management services to regional entities in line with internal service agreements.
Apply strong expertise in derivatives, repos, securities lending/borrowing, and fixed income products to support evolving business activities.
Support the expansion of ICAAP and ICARA frameworks to Trading Book products, including capital calculation and stress-testing model development.
Ensure risk and capital models remain compliant with internal policies and regulatory requirements.
Participate in ICAAP/ICARA processes, including risk appetite setting, scenario design, stress testing, and capital assessments.
The successful candidate will have: Strong experience in Counterparty Credit Risk (CCR) analytics within financial services.
Solid understanding of CCR metrics, including Potential Exposure, Wrong-Way Risk, and Stress Testing.
Extensive knowledge of Fixed Income and Derivative products, including Bonds, Repos, and IR/FX/Credit derivatives, and their associated risks.
Hands-on experience with risk models such as Va R and Expected Shortfall (ES), with strong knowledge of Basel capital regulations for Market Risk and CCR.
Advanced proficiency in Excel and strong programming skills in Python, VBA, R, and SQL.
Experience building and using data visualisation dashboards with Power BI and Tableau.
Proficient with key industry tools and platforms, including Bloomberg, Power BI, Prism, GBR, and Microsoft Office applications.
Counterparty Credit Risk Quant - Vice President in London employer: cer Financial
As a leading tax, accountancy and business advisory firm based in London, we pride ourselves on fostering a dynamic work culture that prioritises employee growth and development. Our commitment to excellence is reflected in our supportive environment, where you will have the opportunity to manage high-net-worth clients while mentoring junior team members, ensuring both personal and professional advancement. With competitive salaries and a focus on work-life balance, we offer a rewarding career path for those looking to make a meaningful impact in the field of taxation.
StudySmarter Expert Advice🤫
We think this is how you could land Counterparty Credit Risk Quant - Vice President 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 cer Financial. 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 Counterparty Credit Risk Quant - Vice President 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 cer Financial.
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 cer Financial'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 cer Financial
✨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 cer Financial.
✨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 cer Financial 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 cer Financial 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.
