At a Glance
- Tasks: Review and validate derivative models for pricing and risk management across all asset classes.
- Company: Join a prestigious tier 1 bank in the heart of London.
- Benefits: Competitive salary, career growth, and exposure to cutting-edge financial technology.
- Other info: Dynamic team environment with opportunities for professional development.
- Why this job: Make a real impact in finance while working with advanced quantitative models.
- Qualifications: PhD or MSc in a numerate subject and 4 years of relevant experience.
The predicted salary is between 54000 - 66000 £ per year.
Cross Asset Model Validation Quant Quant Capital is urgently looking for a Model Validation Quant to join our high profile client.
Our client is a well known tier 1 bank based in the city.
The role is as a Quantitative Analyst to independently review, analyse and test derivative models for pricing and risk management of products across all asset classes.
Our Tier 1 Investment Banking client is currently seeking a Quantitative Analyst to join their Model Validation team, validating models across all asset classes for pricing and risk.
Day to Day the Quantitative Analyst will: Review and analyse models using deep understanding of the mathematical models used, implementation methods, products traded in these markets, and the associated risks that are inherent from trading these products.
Development of independent validation models on mostly linear credit trading products and Interest Rate Derivatives Liaise with Front and Middle Office representatives The role is as a Quantitative Analyst to independently review, analyse and test derivative models for pricing and risk management of products across all asset classes.
Additional responsibilities will include active engagement with and oversight responsibility for the due diligence aspects of the New Product Approval Process and model governance.
Model Validation Quants Must Have Ph D or MSc qualification in numerate subject such as Mathematics, Financial Mathematics, Physics or Statistics.4 Years experience in a Model Validation or Front Office Quant role or other relevant quantitative finance role.
Interest Rate experience (may not be derivs)Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations, Monte-Carlo Methods, Finite Difference Methods, and Numerical Algorithms.
Experience in coding in C++ or R potentially CPrevious experience of regulatory interaction and familiarity with the broader industry and regulatory environment a distinct advantage.
This team is a business driven by technology and trading, all of their models and investment decisions are computer based most of them trading automatically.
If you are looking into a further career in finance this is the ideal opportunity.
My client is based in London this is a permanent role.
Quant, Quantitative, IRD, Interest Rates, Rates, Derivatives, Model Validation, Market Risk
Asset M in London employer: Quant Capital
Join a prestigious tier 1 bank in the heart of London, where innovation meets excellence in the financial sector. Our client offers a dynamic work culture that fosters collaboration and professional growth, providing employees with access to cutting-edge technology and resources. With a strong commitment to employee development and a focus on meaningful contributions to the financial landscape, this role as a Model Validation Quant presents an exceptional opportunity for those looking to advance their careers in quantitative finance.
