Job Details

Senior Model Validator - Pricing and Traded Risk

Rugby, Warwickshire, United Kingdom, Permanent

Posted: 22 hours ago


Key responsibilities of the position:

  • Reporting and analysis of pricing models, market risk models and counter party credit risk models,
  • To aid in the development and implementation of valuation model uncertainty analysis for quarterly model risk reporting,
  • Working to collaborate with other model stakeholders such as Front Office, Quantitative Analytics, Market Risk.
  • Recommend and develop continuous improvement in the efficiency and effectiveness of the Bank's processes.
  • Using a mathematical and implementation perspective to validate models and review the applicability pricing/approval of credit Models/volatility modelling.
  • Communicating findings to senior business management and stakeholders.
  • Document model validation testing following up with stakeholders on modelling issues.

Key requirements of the position:

  • A PhD or Masters in Mathematics, Physics, Statistics, Engineering or an equivalent in other science disciplines.
  • Experience working in a Model Validation, Pricing or Risk Management role.
  • Minimum 5 year's experience working in a financial, building and/or validating risk models
  • Experience programming and coding in Python, SQL or C++.
  • Strong communication (both written and oral) and stakeholder management skills, with the ability to present results to a non-technical audience.
  • Knowledge and experience working with Fixed Income product lines.
  • In depth knowledge of European and UK markets.
  • Willing to be based in London.

Job Details

Full Time
Rugby, Warwickshire, United Kingdom