At a Glance
- Tasks: Join our team to implement risk model analytics and support business development in credit derivatives.
- Company: LSEG, a leading global financial markets infrastructure and data provider.
- Benefits: Competitive salary, career growth opportunities, and a collaborative work environment.
- Other info: Build relationships with internal teams and enhance the efficiency of CDSClear Risk deliveries.
- Why this job: Make a significant impact in a dynamic role focused on innovation and continuous improvement.
- Qualifications: 2-5 years in quantitative analysis, strong coding skills in C++, and a Master's or PhD in a related field.
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) employer: Deepstreamtech
LSEG is an exceptional employer for Quantitative Strategists, offering a dynamic work environment in London that fosters innovation and collaboration. With a strong emphasis on employee growth, you will have access to continuous learning opportunities and the chance to make a significant impact within the First Line Risk Quant Team. Our culture prioritises quality and improvement, ensuring that you are part of a forward-thinking organisation committed to driving financial stability and sustainable growth.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Strategist (CDSClear)
✨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’s already in the game. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
Don’t just talk about your experience; demonstrate it! Create a portfolio showcasing your projects or any quant models you’ve worked on. This gives potential employers a taste of what you can bring to the table.
✨Ace the Interview
Prepare for those tricky interview questions by practising your responses. Think about how your skills align with the role and be ready to discuss your experience with credit derivatives and coding in C++. Confidence is key!
✨Apply Through Our Website
We want to see your application! Make sure to apply through our website for the best chance at landing that dream job. It shows you’re serious about joining our team and helps us keep track of your application.
We think you need these skills to ace Quantitative Strategist (CDSClear)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in credit derivatives and quant 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!
Show Off Your Coding Skills:Since coding is key for this role, mention any experience you have with C++, Python, or R. If you've worked on production quant libraries, let us know! We love seeing practical examples of your work.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team!
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, CDS Index, and their options. Be prepared to discuss how these instruments work and any recent developments in the market. This will show that you're not just familiar with the theory but also understand practical applications.
✨Showcase Your Coding Skills
Since coding in C++ is a must, be ready to talk about your experience with production quant libraries. If you've worked with Python or R, mention that too! Consider bringing examples of your code or projects to demonstrate your skills. This can really set you apart from other candidates.
✨Communicate Clearly
As this role involves coordinating with various teams, practice explaining complex concepts in simple terms. You might be asked to describe your methodology or how you would approach a specific problem, so clarity and organisation in your communication are key.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and how you handle changes in production. Think of scenarios where you had to implement model changes or collaborate with different teams. Prepare to discuss your thought process and the outcomes of those situations.
