At a Glance
- Tasks: Validate financial risk models and enhance risk management frameworks.
- Company: Join the LME, a global leader in industrial metals trading.
- Benefits: Competitive salary, diverse workplace, and opportunities for professional growth.
- Other info: Dynamic team environment with a commitment to diversity and inclusion.
- Why this job: Make an impact in financial risk management at a prestigious organisation.
- Qualifications: Degree in a quantitative field; programming skills in Python and SQL required.
The predicted salary is between 54000 - 66000 £ per year.
Shift Pattern: Standard 40 Hour Week (United Kingdom)
Scheduled Weekly Hours: 40
Corporate Grade: D - Assistant Vice President
Reporting Line (UK Division): Risk - 2nd Line
Location: UK-London
Worker Type: Permanent
Overall Purpose of Role:
The Financial Risk team provides second line oversight and challenge on LME Clears financial risks (market, credit, liquidity and model risk) to ensure that these risks are managed in line with risk appetite, policy and regulation. The purpose of the role is to validate the models and methodologies used to manage financial risk and assist with enhancing and embedding the model risk management framework throughout the organisation.
LME Group is the world center for industrial metals trading and clearing. Most of the world's non-ferrous metals business is conducted on the LME totaling $15.7 trillion, 185 million lots and 4.1 billion tonnes in 2018. The metals community uses the LME, a member of HKEX Group, as a venue to transfer or take on price risk, as a physical market of last resort and as the provider of transparent global reference prices.
Responsibilities:
- Independent validation of a wide range of risk and pricing models.
- Development of benchmark / challenger models and maintenance of second line risk model library.
- Development and monitoring of model performance tests.
- Manage model risk governance process and associated reporting.
- Author technical validation reports, committee briefing papers and periodic senior management reports.
Academic and Professional Qualifications Required:
- Degree in a quantitative discipline - Masters or PhD would be a plus.
- Professional risk qualification (or studying towards) would be beneficial (e.g. FRM).
Skills set and Core Competencies Required for Role:
- Professional programming experience with Python and SQL, other languages a plus.
- Experience with business intelligence tools (Power BI).
- Strong qualitative and quantitative analytical skills.
- Strong verbal and written communication skills.
- Familiarity and knowledge of the regulatory environment surrounding Model Risk Management and/or Clearing.
The LME is committed to creating a diverse environment and is proud to be an equal opportunity employer. In recruiting for our teams, we welcome the unique contributions that you can bring in terms of education, ethnicity, race, sex, gender identity, expression & reassignment, nation of origin, age, languages spoken, colour, religion, disability, sexual orientation and beliefs. In doing so, we want every LME employee to feel our commitment to showing respect for all and encouraging open collaboration and communication.
Quantitative Analyst in London employer: hkex
As a Technical Regulatory Reporting Analyst at LME Clear in London, you will join a dynamic team dedicated to enhancing regulatory reporting processes while enjoying a supportive work culture that values diversity and innovation. The company offers excellent employee growth opportunities through continuous learning and collaboration with key stakeholders, ensuring that your contributions are recognised and impactful. With a focus on automation and process improvement, LME Clear provides a unique environment where you can thrive professionally while making a meaningful difference in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Analyst in London
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We think you need these skills to ace Quantitative Analyst in London
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