At a Glance
- Tasks: Lead risk management practices and enhance tools for a top-tier clearing house.
- Company: Join a leading futures and options clearing house with a dynamic team.
- Benefits: Competitive salary of £130,000 plus 30% bonus, hybrid work model.
- Other info: Opportunity to take ownership and drive significant improvements.
- Why this job: Shape the future of risk management in a fast-paced environment.
- Qualifications: MSc in relevant field and 5 years of experience in finance.
The predicted salary is between 130000 - 130000 £ per year.
Quant Market Risk Manager Hybrid 4 days per week 130,000 plus 30% Quant Capital is urgently looking for a Quant Market Risk Manager to join our high profile client.
We are looking for a Risk Manager to shape risk management practice at one of the largest futures and options clearing houses in the world.
This sits within the Commodities Risk Team.
You will be joining a very dynamic team, be exposed to a wide range of asset classes and be challenged with complex risk problems.
You will be responsible for managing all aspects of the day-to-day risk management and drive improvement and enhancements, including identifying, developing and overseeing the implementation of new risk management tools and techniques to enhance the risk management process and risk controls.
Day to Day the risk Manager will
- Identify areas where the risk models, risk management processes, or infrastructure can be improved (commodities focus)
- Assist with designing and implementing improvement and enhancements to models, risk infrastructure, and processes.
- Act as the project lead in seeing it through comple-tion
- Strike the right balance between complying with global regulatory standards and achieving commercial business requirements
- Ensure the risk management framework and risk policies are being adhered to and are consistent with regulatory and industry standards
- Monitor model performance tests and assess the appropriateness of models in order to demonstrate policy adherence
- Conduct mathematical/statistical analysis to calibrate and enhance risk models
- Collaborate with colleagues on key policy and methodology development
- Documentation of risk polices and models to clearing members, regulators, risk com-mittees and other governance bodies Quant Risk Manager must have:
- MSc in Physics, Mathematics, Quantitative Finance or Financial Engineering
- Strong mathematical knowledge
- 5 years experience in a Fund or Investment Bank
- Strong knowledge in financial derivatives products in multiple asset classes
- Proven ability to apply risk management models and techniques such as Value at Risk models, Liquidity Risk models, backtesting and stress testing models
- Proven ability to conduct research, analyze problems, formulate and implement solutions in an efficient, effective and independent manner
- Excellent written and verbal communication skills, and comfortable in communicating risk issues to senior management for decision-making purposes
- SQL and Python or the ability to code in C++ / R / C# This role suits someone from a Quant Risk background that is looking to take on serious responsibility.
We are looking for consultants who want to take ownership of products and take considerable responsibility and the bonus that goes with that.
Director Market Risk in London employer: Quant Capital
Quant Capital is an excellent employer for those looking to thrive in the fintech sector, offering a vibrant work culture that fosters innovation and collaboration. With substantial training and development opportunities, employees can enhance their skills while enjoying a flexible hybrid work model in the heart of London. Join us to be part of a forward-thinking team that values growth and cutting-edge technology.
StudySmarter Expert Advice🤫
We think this is how you could land Director Market Risk in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Quant Capital. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Director Market Risk in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Quant Capital.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Quant Capital's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Quant Capital
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Quant Capital.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Quant Capital will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Quant Capital employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
