At a Glance
- Tasks: Join our team to implement and enhance risk models for business growth.
- Company: Dynamic financial services firm based in London, focused on innovation.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional development.
- Other info: Equal opportunities employer committed to diversity and inclusion.
- Why this job: Make a real impact in the finance sector with cutting-edge quantitative strategies.
- Qualifications: 2-5 years in credit derivatives and strong coding skills in C++.
The predicted salary is between 60000 - 80000 £ per year.
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.
Key Responsibilities
- 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.
Partnership
- 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 Run.
Candidate Profile / Key Skills
- 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.
Career Stage
Senior Associate
Equal Opportunities
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.
CDSClear Quantitative Strategist in London employer: Dormont Manufacturing Co
As a leading player in the financial services sector, our London-based team offers an exceptional work environment for quantitative strategists looking to make a significant impact. We pride ourselves on fostering a collaborative culture that encourages innovation and professional growth, providing ample opportunities for career advancement while ensuring a supportive atmosphere where diversity is celebrated. Join us to be part of a dynamic team that values your expertise and contributions in shaping the future of risk management.
StudySmarter Expert Advice🤫
We think this is how you could land CDSClear Quantitative Strategist 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 Dormont Manufacturing Co. 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 CDSClear Quantitative Strategist 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 Dormont Manufacturing Co.
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 Dormont Manufacturing Co'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 Dormont Manufacturing Co
✨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 Dormont Manufacturing Co.
✨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 Dormont Manufacturing Co 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 Dormont Manufacturing Co 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.
