At a Glance
- Tasks: Implement risk model analytics and support business development in a dynamic team.
- Company: Join the London Stock Exchange Group, a leader in financial markets infrastructure.
- Benefits: Enjoy tailored benefits, healthcare, retirement planning, and paid volunteering days.
- Other info: Be part of a diverse, collaborative culture that values your individuality.
- Why this job: Make a significant impact while working with innovative technologies in finance.
- Qualifications: 2-5 years in quantitative analysis with 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
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. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. We are proud to be an equal opportunities employer.
CDSClear Quantitative Strategist - London Stock Exchange Group employer: London Stock Exchange Group
At London Stock Exchange Group, we pride ourselves on being an exceptional employer that fosters a culture of innovation, integrity, and collaboration. Our London-based team offers a dynamic work environment where you can thrive professionally while contributing to meaningful projects that drive financial stability and sustainable growth. With tailored benefits, opportunities for personal development, and a commitment to diversity and inclusion, we empower our employees to bring their true selves to work and make a significant impact in the financial markets.
Contact Detail:
London Stock Exchange Group Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land CDSClear Quantitative Strategist - London Stock Exchange Group
✨Tip Number 1
Network like a pro! Reach out to current employees at LSEG on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for interviews by brushing up on your quantitative skills and understanding of credit derivatives. Be ready to discuss your past projects and how they relate to the role – we want to see your thought process!
✨Tip Number 3
Showcase your coding skills! If you’ve worked with C++, Python, or R, be prepared to talk about specific examples where you used these languages to solve problems or improve processes.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.
We think you need these skills to ace CDSClear Quantitative Strategist - London Stock Exchange Group
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of a Quantitative Strategist. Highlight your experience with credit derivatives and any relevant coding skills in C++, Python, or R. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can contribute to our team. Be sure to mention your understanding of risk model analytics and governance.
Showcase Your Communication Skills:Since this role involves partnering with various teams, it's crucial to demonstrate your communication skills. In your application, give examples of how you've successfully collaborated with others in past roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at London Stock Exchange Group
✨Know Your Models Inside Out
Make sure you have a solid understanding of the risk models you'll be working with. Brush up on credit derivatives, especially CDS Single name and Index options. Being able to discuss model improvements and analytics changes confidently will impress your interviewers.
✨Showcase Your Coding Skills
Since coding in C++ is crucial for this role, prepare to demonstrate your proficiency. Bring examples of your work or projects where you've implemented quant libraries. If you have experience in Python or R, mention that too – it could give you an edge!
✨Communicate Clearly and Effectively
This role requires excellent communication skills, so practice articulating complex ideas simply. Be ready to explain how you would coordinate with different teams, like IT and model validation, to ensure smooth transitions in production deliveries.
✨Prepare Questions About the Company Culture
LSEG values integrity, partnership, and innovation. Prepare thoughtful questions about their culture and how they support sustainability and diversity. This shows you're not just interested in the role but also in being part of their mission and values.
