At a Glance
- Tasks: Join a dynamic team to develop and validate quantitative models for risk management.
- Company: A leading boutique in liquid alternatives and hedge funds based in London.
- Benefits: Competitive contract rate, flexible working arrangements, and exposure to diverse asset classes.
- Other info: Opportunity to work with innovative financial strategies and advance your career in finance.
- Why this job: Make a real impact by enhancing risk frameworks in a fast-paced financial environment.
- Qualifications: Strong background in quantitative analysis and risk management required.
The predicted salary is between 60000 - 80000 € per year.
Our client is a liquid alternatives/hedge funds and private markets boutique based in London. They are looking for a risk contractor to join their team covering model quantitative risk.
Responsibilities:
- Establish governance and validation frameworks for quantitative models used across the firm's investment strategies and fund vehicles.
- Identify, measure, and monitor risks arising from model use, including model error, obsolescence, and potential misapplication.
- Ensure all models are properly validated, documented, and that their limitations are clearly understood by end users.
- Provide oversight to ensure models remain fit-for-purpose and compliant with regulatory expectations.
- Develop and maintain sophisticated mathematical models that measure financial risks across the firm's portfolio, including value-at-risk (VaR), stress testing, factor exposure analysis, and portfolio risk metrics.
- Build and enhance quantitative frameworks that support real-time risk measurement and scenario analysis across both liquid and illiquid fund strategies.
- Develop and maintain pricing models across multiple asset classes relevant to the firm's offerings, including liquid hedge fund strategies, private credit, private equity, infrastructure, and other alternative assets.
- Ensure accurate and consistent valuation methodologies across all fund vehicles, with particular attention to the differences between daily-priced UCITS funds and periodic NAV calculations for evergreen/semi-liquid private markets vehicles.
Quantitative Risk/Model Risk, Contract, Alternatives/Hedge Funds/Private Markets - eFinancialCareers in London employer: eFinancialCareers
Our client is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation and collaboration thrive. With a strong focus on employee development, they provide ample opportunities for growth within the alternatives and hedge fund sectors, alongside competitive benefits that support work-life balance. Joining this boutique firm means being part of a close-knit team dedicated to excellence in quantitative risk management, making it an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Risk/Model Risk, Contract, Alternatives/Hedge Funds/Private Markets - eFinancialCareers in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream role.
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills and understanding the latest trends in quantitative risk. We recommend practising common interview questions and even doing mock interviews with friends or mentors.
✨Tip Number 3
Showcase your projects! If you've worked on any relevant models or frameworks, make sure to discuss them during interviews. We want to see how you’ve applied your skills in real-world scenarios, especially in areas like VaR and stress testing.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Quantitative Risk/Model Risk, Contract, Alternatives/Hedge Funds/Private Markets - eFinancialCareers in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role. Highlight your experience with quantitative models and risk management, as these are key for the position. We want to see how your skills align with what our client is looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role in alternatives and hedge funds. Be sure to mention any relevant projects or experiences that showcase your expertise.
Showcase Your Technical Skills:Don’t forget to highlight your technical skills, especially in developing and validating mathematical models. Mention specific tools or methodologies you’ve used, as this will help us understand your capabilities better.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at eFinancialCareers
✨Know Your Models Inside Out
Make sure you’re well-versed in the quantitative models relevant to the role. Brush up on your understanding of value-at-risk (VaR), stress testing, and factor exposure analysis. Being able to discuss these concepts confidently will show that you’re ready to tackle the responsibilities head-on.
✨Understand Governance and Compliance
Familiarise yourself with governance frameworks and regulatory expectations related to model validation. Be prepared to discuss how you would ensure models are compliant and fit-for-purpose. This knowledge will demonstrate your commitment to maintaining high standards in risk management.
✨Showcase Your Problem-Solving Skills
Think of examples where you've identified and mitigated risks in previous roles. Be ready to explain your thought process and the impact of your actions. This will highlight your analytical skills and ability to handle model errors or obsolescence effectively.
✨Ask Insightful Questions
Prepare thoughtful questions about the firm’s investment strategies and how they approach risk measurement. This not only shows your interest in the role but also gives you a chance to assess if the company aligns with your career goals. It’s a win-win!
