Market Risk FRTB IMA Model Validation/Development Quant
Market Risk FRTB IMA Model Validation/Development Quant

Market Risk FRTB IMA Model Validation/Development Quant

City of London Full-Time 72000 - 108000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead market risk model development and validation projects, ensuring compliance with global regulations.
  • Company: Join a specialist team delivering regulatory and quantitative expertise in market risk.
  • Benefits: Enjoy potential remote work options and a strong likelihood of contract extension.
  • Why this job: Make a significant impact on risk modelling practices for global banking institutions.
  • Qualifications: 10+ years in traded risk with FRTB IMA experience; advanced quantitative skills required.
  • Other info: Mentor junior team members while engaging with various stakeholders across the industry.

The predicted salary is between 72000 - 108000 £ per year.

Job Description

Senior Manager – Market (Traded) Risk – FRTB IMA

Location: London (preferred – remote is potentially an option) | UK-wide applicants considered

6 month contract initially – strong likelihood of extension.

We are seeking an experienced risk professional to join a specialist team delivering regulatory and quantitative expertise in market risk.

This Senior Manager role involves leading complex engagements across market risk model development and validation, focusing on FRTB IMA, VaR, SVaR, IRC, RNIV, PFE, and CVA. The successful candidate will engage with clients across model risk, front office, treasury, audit, and regulatory teams to deliver advisory and assurance on modelling frameworks and compliance with global regulatory expectations

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Key Responsibilities:

  • Lead the delivery of market risk consulting projects, including model development and validation
  • Provide technical guidance across FRTB IMA, Basel III, PRA SS 1/23, SR 11-7, and related regulatory frameworks.
  • Oversee the development and execution of model strategies aligned with business and regulatory needs
  • Assess data quality, model performance, and governance frameworks
  • Mentor junior team members and manage internal and client stakeholders

Requirements:

  • 10+ years' experience in traded risk, including model development and/or validation
  • FRTB IMA experience is an essential requirement.
  • Deep understanding of global prudential regulations (UK, EU, US, APAC)
  • Advanced quantitative and programming skills (Python, R, SQL, SAS)
  • Proven consulting capabilities including stakeholder and team management
  • Strong written and verbal communication, with the ability to produce high-quality documentation and client-facing deliverables

This is a high-impact opportunity for a risk leader ready to shape risk modelling practices for global banking institutions.

Market Risk FRTB IMA Model Validation/Development Quant employer: JCW Group

As a leading player in the financial services sector, our company offers an exceptional work environment that fosters innovation and professional growth. With a strong emphasis on collaboration and mentorship, employees are encouraged to develop their skills while working on high-impact projects in a dynamic London setting. We provide competitive benefits, flexible working arrangements, and a commitment to diversity and inclusion, making us an attractive employer for those seeking meaningful and rewarding careers in market risk management.
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Contact Detail:

JCW Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Risk FRTB IMA Model Validation/Development Quant

✨Tip Number 1

Network with professionals in the market risk field, especially those who have experience with FRTB IMA. Attend industry conferences or webinars to connect with potential colleagues and learn about the latest trends and challenges in model validation and development.

✨Tip Number 2

Familiarise yourself with the specific regulatory frameworks mentioned in the job description, such as Basel III and PRA SS 1/23. Being able to discuss these regulations intelligently during interviews will demonstrate your expertise and commitment to the role.

✨Tip Number 3

Showcase your technical skills by working on relevant projects or case studies that involve Python, R, SQL, or SAS. Having concrete examples of how you've applied these skills in a market risk context can set you apart from other candidates.

✨Tip Number 4

Prepare for interviews by practising how to explain complex quantitative concepts in simple terms. This will help you communicate effectively with stakeholders from various backgrounds, which is crucial for a role that involves mentoring and managing client relationships.

We think you need these skills to ace Market Risk FRTB IMA Model Validation/Development Quant

Market Risk Expertise
FRTB IMA Knowledge
Model Development and Validation
VaR and SVaR Proficiency
IRC, RNIV, PFE, and CVA Understanding
Regulatory Frameworks Familiarity (Basel III, PRA SS 1/23, SR 11-7)
Advanced Quantitative Skills
Programming Skills (Python, R, SQL, SAS)
Stakeholder Management
Consulting Capabilities
Data Quality Assessment
Model Performance Evaluation
Governance Frameworks Knowledge
Mentoring and Team Leadership
Strong Written and Verbal Communication

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your 10+ years of experience in traded risk, specifically focusing on model development and validation. Emphasise your FRTB IMA experience and any relevant regulatory frameworks you've worked with.

Craft a Strong Cover Letter: In your cover letter, clearly articulate your understanding of global prudential regulations and how your advanced quantitative skills (Python, R, SQL, SAS) can contribute to the role. Mention specific projects or achievements that demonstrate your consulting capabilities.

Showcase Communication Skills: Since strong written and verbal communication is crucial for this role, include examples in your application where you produced high-quality documentation or delivered client-facing presentations. This will help illustrate your ability to engage with various stakeholders.

Highlight Leadership Experience: As the role involves mentoring junior team members and managing stakeholders, be sure to highlight any leadership roles you've held. Discuss how you've guided teams or projects in the past, particularly in the context of market risk consulting.

How to prepare for a job interview at JCW Group

✨Showcase Your Technical Expertise

Make sure to highlight your advanced quantitative and programming skills, especially in Python, R, SQL, and SAS. Be prepared to discuss specific projects where you've applied these skills in model development or validation.

✨Understand Regulatory Frameworks

Familiarise yourself with FRTB IMA, Basel III, and other relevant regulations. Demonstrating a deep understanding of these frameworks will show that you are well-prepared for the role and can provide valuable insights.

✨Prepare for Stakeholder Engagement

Since this role involves engaging with various stakeholders, practice articulating your thoughts clearly and confidently. Think of examples where you've successfully managed client relationships or led teams in previous roles.

✨Demonstrate Leadership and Mentoring Skills

Be ready to discuss your experience in mentoring junior team members and leading projects. Highlight any specific instances where your leadership made a significant impact on project outcomes or team performance.

Market Risk FRTB IMA Model Validation/Development Quant
JCW Group

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  • Market Risk FRTB IMA Model Validation/Development Quant

    City of London
    Full-Time
    72000 - 108000 £ / year (est.)

    Application deadline: 2027-08-09

  • J

    JCW Group

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