At a Glance
- Tasks: Join a dynamic team to deliver cutting-edge quantitative finance projects for top-tier clients.
- Company: Forvis Mazars is a leading firm known for rapid career growth and diverse client engagement.
- Benefits: Enjoy tailored career paths, professional development opportunities, and a collaborative work culture.
- Why this job: Make an impact in finance while working with prestigious clients and honing your skills.
- Qualifications: Experience in quantitative analysis and familiarity with financial models are essential.
- Other info: Opportunity to oversee summer internships and mentor aspiring analysts.
The predicted salary is between 43200 - 72000 £ per year.
Forvis Mazars is an engine for rapid and consistent career progression, offering individually designed career paths that help you pursue your interests, match your changing needs, and explore your true potential. We work with diverse, prestigious clients across a range of sectors and geographies, giving you the opportunity to constantly update and grow your skills for lifelong professional development.
Due to the continued growth of our FS Risk Consulting Department, we are looking for an experienced Quantitative Analyst to join the Quantitative Finance Team based in London. You will mainly interact with banks but also insurance companies, large corporates and service companies on a variety of projects.
About the role
- Contribute in small and large-sized multidisciplinary engagement teams delivering quantitative finance projects for clients.
- Cross-asset derivative pricing including valuation adjustments (XVA).
- Calibration of models using best industry practices.
- Model validation for small to large size clients, for quantitative risk management models such as (PD/LGD, VaR, Expected Shortfall, EPE/PFE).
- Implementation review of accounting standards such as FRTB, IFRS9, CECL.
- Development of internal pricing libraries and tools (e.g. C/ECL, stress testing).
Quantitative Analyst - Market Risk employer: Click To Hired
Contact Detail:
Click To Hired Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Quantitative Analyst - Market Risk
✨Tip Number 1
Familiarise yourself with the latest quantitative finance models and risk management techniques. Understanding concepts like VaR, Expected Shortfall, and model validation will give you a solid foundation to discuss during interviews.
✨Tip Number 2
Network with professionals in the finance sector, especially those working in risk consulting or quantitative analysis. Attend industry events or webinars to make connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Stay updated on regulatory changes affecting financial institutions, such as FRTB and IFRS9. Being knowledgeable about these standards will demonstrate your commitment to the field and your ability to contribute to compliance projects.
✨Tip Number 4
Prepare to showcase your technical skills, particularly in programming languages commonly used in quantitative analysis, such as Python or R. Having practical examples of how you've applied these skills in past projects can set you apart from other candidates.
We think you need these skills to ace Quantitative Analyst - Market Risk
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and required skills for the Quantitative Analyst position. Tailor your application to highlight relevant experiences and knowledge in quantitative finance and risk management.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous roles or projects that involved quantitative analysis, model validation, or risk management. Use specific examples to demonstrate your expertise in areas like derivative pricing and model calibration.
Showcase Technical Skills: Make sure to mention any programming languages or software tools you are proficient in, such as Python, R, or MATLAB. Highlight your experience with financial modelling and any relevant certifications that could set you apart from other candidates.
Craft a Compelling Cover Letter: Write a personalised cover letter that connects your background to the company's needs. Discuss why you are interested in working with Forvis Mazars and how your skills align with their focus on diverse clients and innovative solutions in market risk.
How to prepare for a job interview at Click To Hired
✨Understand Quantitative Finance Fundamentals
Make sure you have a solid grasp of quantitative finance concepts, especially those related to market risk. Be prepared to discuss topics like derivative pricing, model calibration, and risk management metrics such as VaR and Expected Shortfall.
✨Showcase Your Analytical Skills
During the interview, highlight your analytical skills by discussing past projects where you applied quantitative methods. Use specific examples to demonstrate how you approached complex problems and the impact of your solutions.
✨Familiarise Yourself with Industry Standards
Research the latest accounting standards relevant to the role, such as FRTB and IFRS9. Being able to discuss these standards and their implications on quantitative analysis will show your commitment to staying updated in the field.
✨Prepare for Technical Questions
Expect technical questions that assess your knowledge of quantitative models and tools. Brush up on your programming skills, particularly in languages commonly used in finance, and be ready to solve problems on the spot.