At a Glance
- Tasks: Validate and challenge quantitative models in risk, pricing, and capital management.
- Company: Join a leading consulting firm focused on innovation and collaboration.
- Benefits: Competitive salary, private medical insurance, 25 days leave, and training opportunities.
- Why this job: Make a real impact in model risk management while developing your technical skills.
- Qualifications: Strong background in maths, stats, or finance; experience in model validation preferred.
- Other info: Diverse and inclusive workplace with excellent career growth potential.
The predicted salary is between 43200 - 72000 Β£ per year.
We are seeking a Senior Model Validation Quantitative Analyst to provide independent review and challenge of quantitative models used across risk, pricing, capital, and stress testing. The role sits within the Model Risk / Quantitative Analytics function and plays a critical part in ensuring models are theoretically sound, well-implemented, and compliant with regulatory expectations. You will work closely with model developers, risk stakeholders, and governance committees, contributing to robust model risk management across the firm.
Key Responsibilities
- Perform end-to-end independent validation of quantitative models, including:
- Conceptual soundness and theoretical foundations
- Assumptions, limitations, and appropriateness of use
- Empirical testing, benchmarking, and sensitivity analysis
Who Weβre Looking For β Technical Expertise
- Strong academic background in mathematics, statistics, econometrics, physics, engineering, or quantitative finance.
- Solid experience in model validation, quantitative analytics, or model risk management within banking, consultancy, or financial services.
- Strong understanding of statistical modelling and time-series analysis.
- Proficiency in Python, R, or similar quantitative programming languages; ability to review and challenge model code.
- Familiarity with model risk governance and regulatory expectations (e.g. SR 11-7, ECB, PRA, Basel).
- Ability to independently design validation tests and benchmarks.
Who Weβre Looking For β Behavioural Traits
- Intellectually curious with a strong instinct to challenge assumptions and dig into model behaviour.
- Confident but collaborative, able to engage constructively with model developers and senior stakeholders.
- Clear and concise communicator, capable of translating complex quantitative topics for non-technical audiences.
- High standards of professional judgement, independence, and integrity.
- Well-organised, resilient, and comfortable managing multiple model reviews in parallel.
- Motivated to develop technical depth while contributing to broader model risk strategy.
WHO WE ARE
Our Expertise
- Quantitative Finance β Model design, implementation and validation.
- Risk & Regulatory β Risk frameworks and regulatory transformation.
- Data & AI β Data optimisation and AI adoption with strong governance.
- Digital & Technology β Cloud, engineering, automation and digital solutions.
- Transformation β Change management and large-scale delivery programmes.
Our Commitment
Built on excellence, collaboration and innovation, Quanteam partners with clients to strengthen resilience, accelerate transformation and build future-ready capabilities.
Benefits & Inclusion
We offer a competitive UK-aligned package, including:
- Competitive salary and performance bonus
- Private medical insurance, including mental health support
- Pension
- 25 days annual leave
- Schemes: Cycle to work, Perks at work, Home and tech
- Training and development opportunities
We are committed to a diverse and inclusive workplace where all individuals are respected and valued. We welcome applicants from every background and uphold equality across all characteristics. Diversity drives innovation and strengthens our ability to deliver exceptional results. Our aim is an environment where everyone can thrive and contribute to collective success.
Senior Model Validation Quant Analyst in London employer: Quanteam UK
Contact Detail:
Quanteam UK Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Senior Model Validation Quant Analyst in London
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance and analytics space. Attend industry events or webinars, and donβt be shy about introducing yourself. You never know who might have the inside scoop on job openings.
β¨Tip Number 2
Prepare for those interviews! Brush up on your technical skills, especially in Python or R, and be ready to discuss your experience with model validation. Practise explaining complex concepts in simple terms β itβll impress those non-technical stakeholders.
β¨Tip Number 3
Showcase your curiosity! During interviews, ask insightful questions about the companyβs model risk management practices. This not only demonstrates your interest but also gives you a chance to assess if the company aligns with your values.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Letβs get you that Senior Model Validation Quant Analyst role!
We think you need these skills to ace Senior Model Validation Quant Analyst in London
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Senior Model Validation Quant Analyst role. Highlight your experience in model validation and quantitative analytics, and donβt forget to mention any relevant programming skills like Python or R.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youβre passionate about model risk management and how your background makes you a perfect fit for our team. Keep it concise but impactful!
Showcase Your Technical Skills: In your application, be sure to showcase your technical expertise. Mention specific projects where youβve validated models or conducted empirical testing, and demonstrate your understanding of regulatory expectations.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. Itβs super easy, and youβll be able to keep track of your application status directly!
How to prepare for a job interview at Quanteam UK
β¨Know Your Models Inside Out
Before the interview, make sure you thoroughly understand the quantitative models relevant to the role. Brush up on their theoretical foundations, assumptions, and limitations. Being able to discuss these aspects confidently will show your expertise and readiness to challenge model developers.
β¨Demonstrate Your Technical Skills
Be prepared to showcase your proficiency in programming languages like Python or R. You might be asked to review or even write some code during the interview. Practising coding challenges related to model validation can help you feel more comfortable and demonstrate your technical prowess.
β¨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to handle real-world scenarios. Think of examples where you've validated models or faced challenges in model risk management. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.
β¨Communicate Clearly and Concisely
Since you'll need to translate complex quantitative topics for non-technical audiences, practice explaining your work in simple terms. During the interview, focus on being clear and concise in your communication, ensuring that you engage constructively with your interviewers.