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 up to £115,000, hybrid work model, and career growth opportunities.
- Other info: Engage in a collaborative environment with opportunities for professional development.
- Why this job: Join a dynamic team and make a real impact in financial risk management.
- 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.
City of London
Hybrid (3/2 split)
Permanent
Up to £115,000
cer 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 VaR 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 - CER Financial in London employer: cer Financial
At cer Financial, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of the City of London. Our hybrid working model promotes a healthy work-life balance, while our commitment to employee development ensures that you will have ample opportunities for growth and advancement within the financial sector. Join us to be part of a collaborative culture that values innovation and expertise, making a meaningful impact in counterparty credit risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Counterparty Credit Risk Quant - Vice President - CER Financial in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work with counterparty credit risk. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss CCR metrics and risk models. We recommend running through some practice questions related to derivatives and stress testing scenarios.
✨Tip Number 3
Showcase your programming prowess! If you're applying for a role that requires Python or SQL, be ready to demonstrate your skills. Consider building a small project or two that highlights your ability to analyse data and create visualisations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Counterparty Credit Risk Quant - Vice President - CER Financial in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Counterparty Credit Risk Quant role. Highlight your experience with CCR analytics and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!
Showcase Your Skills:Don’t forget to showcase your programming skills in Python, VBA, R, and SQL. If you’ve built any data visualisation dashboards, mention those too! We love seeing practical examples of your expertise.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about counterparty credit risk and how your background makes you a great fit for our team. Keep it engaging and to the point!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we can’t wait to see your application come through!
How to prepare for a job interview at cer Financial
✨Know Your Numbers
Make sure you brush up on your knowledge of Counterparty Credit Risk metrics like Potential Exposure and Wrong-Way Risk. Be ready to discuss how these metrics apply to real-world scenarios, as this will show your depth of understanding and practical experience.
✨Showcase Your Technical Skills
Since the role requires strong programming skills in Python, VBA, R, and SQL, be prepared to talk about specific projects where you've used these languages. If possible, bring examples of your work or even a small demo to illustrate your capabilities.
✨Understand the Regulatory Landscape
Familiarise yourself with Basel capital regulations and how they impact market risk and counterparty credit risk. Being able to articulate how these regulations influence your work will demonstrate your industry knowledge and readiness for the role.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to design stress-testing scenarios or assess risk appetite. Practise articulating your thought process clearly and logically, as this will showcase your analytical skills and ability to think on your feet.
