At a Glance
- Tasks: Lead innovative projects in Counterparty Credit Risk and XVA with a global team.
- Company: Join Zanders, a pioneering financial consulting firm with a collaborative culture.
- Benefits: Enjoy a hybrid work environment, competitive salary, 28 holiday days, and a bonus scheme.
- Other info: Experience a fun, international workplace with opportunities for personal and professional growth.
- Why this job: Make a real impact in finance while developing your skills in a supportive community.
- Qualifications: 8-10 years in CCR and XVA model development; strong programming skills required.
The predicted salary is between 54000 - 66000 £ per year.
Your role as a Senior Manager in Counterparty Credit Risk (CCR) and XVA at Zanders involves leading quantitative traded risk engagements across CCR, XVA, and the high-performance computing (HPC) that underpins them. You will work in multidisciplinary teams to solve complex problems and deliver models clients can implement.
On projects, you will collaborate with our international group of 100+ Financial Institutions consultants to design, develop, implement, test, and validate models across the trading book spectrum: market risk, CCR, CVA, wider XVA, initial- and variation-margin models, and derivatives pricing. You will also contribute to sales in the CCR, XVA, and HPC space, building on your existing UK network.
As a Senior Manager, you will act as a career coach for up to three direct reports, supporting them on project work and their broader career journey. Your influence will be substantial, carrying a higher level of responsibility than is typical in other consulting firms, helping to drive the business forward from day one.
Skills to be successful:
- 8–10 years in CCR and XVA model development and analytics, ideally including consultancy, with a track record of leading teams, complex projects, and non-trivial systems end to end.
- Master’s or PhD degree in mathematics, physics, statistics, econometrics, computer science, engineering, or related quantitative field.
- A strong interest in the quantification of CCR, XVA, and the HPC methods that support them, along with a working understanding of the relevant regulatory frameworks: SA-CCR and IMM for exposure, the CVA capital framework (BA-CVA / SA-CVA), and margin standards (UMR / SIMM).
- Up-to-date knowledge of industry and regulatory developments across traded risk topics: market risk, CCR, XVA, margin models, and derivatives pricing.
- Strong proficiency in modern C++ (STL, templates, RAII, unit testing, build systems); Python and/or Java a plus.
- Strong working knowledge of Linux as a development and deployment platform (shell, toolchains, profiling, resource/performance diagnostics).
- Solid understanding of derivatives pricing across asset classes (rates, FX, credit, equity) and the underlying numerical methods (Monte Carlo, PDE/finite-difference).
- Experience with market and CCR (e.g. xVA, sensitivities/Greeks, VaR/expected shortfall).
- Experience with open-source quant tooling (Strata, QuantLib, ORE) is an advantage.
- Hands-on HPC experience: Parallel/concurrent programming (multithreading, multiprocessing, synchronization, concurrent data structures).
- GPU compute with CUDA, including GPU architecture (memory hierarchy, warps, occupancy, host–device transfers); ROCm/HIP a plus.
- Writing and optimizing compute kernels: profiling (e.g. Nsight/NCompute), memory-access optimization, throughput/latency tuning.
- Scaling workloads across clusters (e.g. MPI, Slurm).
- Ability to translate mathematical and financial concepts into efficient, production-grade code.
- Fluent spoken and written English, strong communication skills, and a growth mindset.
We offer:
- A hybrid work environment that promotes a healthy work-life balance.
- Participation in the Zanders bonus scheme.
- Secure your future with a pension scheme.
- 28 paid holiday days.
- A laptop and an iPhone.
- An entrepreneurial culture that values personal development, with ample room for initiatives.
- Expertise in your chosen field, building skills rapidly alongside diverse clients and consultants.
- A truly collegiate environment with enthusiastic and helpful colleagues, fostering career excellence in Treasury, Risk, or Technology.
- An international and fun working environment, cultural night events, annual Zanders's trip to a (surprise) location in Europe, and many more exciting experiences to come!
About Us:
Progress your career with Zanders. We are a global financial consulting firm focused on Treasury, Risk, and Technology. For 30 years, we have been providing innovative solutions embracing the latest technological advancements to multinational corporations, financial institutions, public sector entities, and NGOs. We go beyond conventional boundaries, delving into new market segments to uncover untapped opportunities. As pioneers in Environmental, Social, and Governance (ESG) principles and practices, we support our clients to achieve their ESG goals.
At Zanders, we invest in our people for an inclusive atmosphere, where freedom, fun, and collaboration are pivotal and set us apart, defining our success. We believe that diversity, equity, and inclusion (DE&I) are essential to establish a strong and sustainable business, fostering a culture that values and respects diversity in all forms. Zanders is not just a workplace – it is a supportive community.
We invite those who share our passion for collaboration, growth, and positive impact to join us on this journey. If you're in search of a workplace that nurtures personal and professional development, Zanders is the perfect fit for you. Join us as we continue to shape the future of consultancy, making a meaningful impact in the world of Treasury, Risk, and Technology!
Senior Manager – Counterparty Credit Risk & XVA in London employer: Zanders
Zanders is an exceptional employer that champions innovation and diversity, providing a flexible remote/hybrid working model tailored for the modern professional. With a strong emphasis on personal growth and professional development, employees benefit from a competitive bonus scheme and the opportunity to lead impactful projects across Europe, making it a rewarding place to advance your career in treasury management.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager – Counterparty Credit Risk & XVA in London
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We think you need these skills to ace Senior Manager – Counterparty Credit Risk & XVA 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 Zanders.
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How to prepare for a job interview at Zanders
✨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 Zanders.
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Before your interview, reach out to current or former Zanders 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.
