At a Glance
- Tasks: Join our team to implement risk model analytics and support business development in a dynamic environment.
- Company: LSEG, a leading global financial markets infrastructure and data provider.
- Benefits: Competitive salary, opportunities for career growth, and a focus on innovation.
- Other info: Collaborative culture with excellent opportunities for professional development.
- Why this job: Make a significant impact in the finance sector while working with cutting-edge quantitative strategies.
- Qualifications: 2-5 years experience in credit derivatives and strong coding skills in C++.
The predicted salary is between 60000 - 80000 € per year.
Requirements
- Quantitative strategist/analyst with 2-5 years experience working in a front office credit derivatives quant team
- In depth knowledge of credit derivatives including one or more of (CDS Single name, CDS Index, CDS Index tranches, CDS Index Option, Credit CVA/XVA)
- Experience in coding in production quant libraries written in C++ (additional experience in Python or R an advantage)
- Educated to Master’s or PhD level in Mathematics, Statistics, Physics or related field
- Rigorous and organised with excellent communication skills, able to coordinate with other teams to safely introduce market driven and CDSClear driven changes in production
What the job involves
- This London based role is for a quantitative strategist/analyst within CDSClear First Line Risk Quant Team
- Implementation of risk model analytics changes required to support business development, suggesting model improvements and documenting methodology for risk governance
- Ensuring the analytics for model risk monitoring reports are maintained, produced and approved by the relevant governance
- Supporting regular model validation reviews and guiding them through the methodology
- Partnering with Second Line Risk, CDSClear IT Dev, CDSClear IT Test and CDSClear Risk Change to ensure a smooth transition to production deliveries
- Define, prototype and test model changes required for business developments and document to obtain approval from internal and external governance
- Define business requirements and corresponding test cases for CDSClear Risk model changes
- Maintain risk methodology documentation for members and auditors to be able to review the details of CDSClear’s risk model, and for the CDSClear First Line Risk code to be understandable
- Maintain the analytics tools and libraries required to produce the regular model risk monitoring reports and margin calculation
- Provide SME support to answer queries from clients / members or regulators
- Build and manage relationships with internal stakeholders, including model validation, second line risk, CDSClear IT devs, CDSClear IT test and CDSClear Risk Change to improve predictability, transparency and efficiency of all deliveries impacting CDSClear Risk
Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Quantitative Strategist (CDSClear) in London employer: Deepstreamtech
At LSEG, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our London-based Quantitative Strategist role not only provides competitive benefits and opportunities for professional growth but also allows you to make a meaningful impact in the financial markets. Join us to be part of a team that values quality and continuous improvement, while enjoying the vibrant atmosphere of one of the world's leading financial hubs.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Strategist (CDSClear) in London
✨Network Like a Pro
Get out there and connect with folks in the industry! Attend meetups, webinars, or even just grab a coffee with someone who works in credit derivatives. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back on showcasing your coding skills. Bring up any projects you've worked on in C++, Python, or R that relate to credit derivatives. Real-world examples can really make you stand out!
✨Ask Smart Questions
During interviews, come prepared with insightful questions about the role and the team. This shows you're genuinely interested and have done your homework. Plus, it gives you a chance to demonstrate your knowledge of risk models and analytics.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re keen on joining our innovative team at CDSClear.
We think you need these skills to ace Quantitative Strategist (CDSClear) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in credit derivatives and quantitative analysis. We want to see how your skills align with the role, so don’t be shy about showcasing relevant projects or achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background makes you a perfect fit for our team. Keep it concise but impactful – we love a good story!
Show Off Your Coding Skills:Since coding is a big part of this role, make sure to mention your experience with C++ and any other languages like Python or R. If you’ve worked on any quant libraries or projects, give us the details – we’re keen to see your technical prowess!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Deepstreamtech
✨Know Your Credit Derivatives
Make sure you brush up on your knowledge of credit derivatives, especially CDS Single name, Index, and Options. Be ready to discuss how these products work and their implications in risk management. This will show that you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Coding Skills
Since coding in C++ is a must, prepare to demonstrate your proficiency. Bring examples of your previous work or projects where you've used production quant libraries. If you have experience in Python or R, mention that too – it could give you an edge!
✨Communicate Clearly
As this role involves coordinating with various teams, practice articulating complex ideas simply and clearly. Think about how you would explain your methodologies or model changes to someone without a quantitative background. Good communication can set you apart.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and how you handle real-world scenarios. Think of examples from your past experiences where you implemented model changes or collaborated with different teams. This will help demonstrate your ability to adapt and innovate.
