At a Glance
- Tasks: Join a dynamic team tackling complex market risk challenges in financial services.
- Company: Tier 1 financial consultancy with a strong global presence.
- Benefits: Competitive contract salary, exposure to cutting-edge financial technologies, and career growth.
- Other info: Ideal for those looking to advance their finance career in a tech-driven environment.
- Why this job: Make a real impact on market risk management and regulatory compliance in finance.
- Qualifications: PhD or MSc in a numerate subject and 4 years of relevant experience.
The predicted salary is between 59400 - 72600 £ per year.
FRTB Market Risk Quant Consultant – Contract 1YQuant Capital is urgently looking for a Market Risk Quant Consultant to join our high profile client.
Our client is a well known tier 1 financial services consultancy.
The quant team works with clients in Financial Services with regulatory / risk modelling challenges in areas such as Market, Credit risk and Operational Risk.
The Quant will work closely with other financial services risk practitioners, IT advisory and Financial Accounting teams, bringing together the range of quantitative modelling and technical skillsets needed to support clients’ often highly specific and complex requirements.
The team covers all financial services sectors, with established presence and extensive local knowledge across locations in the US, UK and EMEIA, and Asia.
Fundamental Review of the Trading Book (FRTB) is a key focus area for the Quantitative Advisory Services practice and a strategic value proposition and part of the broader Corporate and Investment Banking Transformation Solutions.
FRTB regulations have a significant impact on the front to back market risk management capabilities and technology landscape of global investment banks.
As a Quantitative Advisory Senior Manager, you’ll build valued relationships with external clients and internal peers and develop a portfolio of business by focusing on growth opportunities.
You’ll lead presentations and proposals for medium complex projects or elements of highly complex projects, and provide subject matter insight to bids and proposals.
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.
Experience in Financial Services, either as part of an institution; in an advisory or business consulting capacity to such organisations or in the regulation of such institutions.
Experience of statistical and numerical techniques and principles of the theory of probability.
Knowledge of Derivative Pricing, Market Risk and CVA methodologies used for the trading, risk management and ideally calculation of regulatory capital requirements.
Knowledge of Derivative Pricing, Market or Counterparty Risk & Financial Services Regulation – experience in FRTB and CRDIV.
Modelling background, including experience in model development and model validation of Derivative Pricing, Market and CVA models and experience of standard techniques used.
Experience in any of the following software development environments: VBA/ Java / C++/ SQL/ R / Matlab / .
NEExcellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations, Monte-Carlo Methods, Finite Difference Methods, and Numerical Algorithms.
Previous 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 Quant, Quantitative, IRD, Interest Rates, Rates, Derivatives, Model Validation, Market Risk
FRTB Market Risk Quant Consultant – Contract 1Y 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 FRTB Market Risk Quant Consultant – Contract 1Y in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Quant Capital.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Quant Capital might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace FRTB Market Risk Quant Consultant – Contract 1Y in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Quant Capital will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Quant Capital. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Quant Capital confidence in your short-term commitment to the role.
How to prepare for a job interview at Quant Capital
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Quant Capital.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Quant Capital that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
