RISK VALUATION MODELING ANALYST
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| Job Type | Permanent |
| Area | City, UK |
| Sector | ComplianceRiskOther |
| Salary | £60k – £80k + benefits |
| Currency | GBP |
| Start Date | |
| Job Ref | VAC-12040 |
| Job Views | 591 |
- Description
- EXCITING OPPORTUNITY - Rapidly expanding City -based trading house is seeking to strengthen their Risk Department with the addition of a Risk Valuation Modeling Analyst. The purpose of the role will be to review, validate and implement existing model frameworks ensuring uniform processes and practices and providing a risk oversight function. This team works closely with Market Risk and provides research on instruments and margining techniques to the business.
Candidates must have strong mathematical and IT skills as follows:
· Programming experience in either SQL, Python, MATLAB, SAS or R
· Experience with databases and data manipulation techniques (Excel, SQL, VBA, etc.)
· Experience in data terminals (Bloomberg, Reuters)
The successful candidate will be required to develop an appreciation of the company’s systems, models, data inputs and pricing sources and will be required to:
· Review, validate and assess models ensuring accuracy of prices and margins
· Provide recommendations on methods to improve accuracy of mark-to-market of customer / company positions
· Identify weaknesses in processes and price testing sources with the ability to present findings and offer solutions to all levels of stakeholders
· Research complex analytics to assist with capital allocation decisions
· Conduct stress testing
· Ad-hoc queries and routine risk reporting
· Contribute to product and system reviews
Applicants will have achieved a minimum and undergraduate degree in a relevant discipline (Maths, Financial Engineering, Computer Science, Finance etc.). FRM or PRM would be desirable. You will demonstrate sound understanding of a range of products across asset classes to include OTC derivatives lifecycles from a valuation, price testing, modelling and / or P&L analysis perspective. Communication and influencing skills and the ability to evaluate information in a logical manner are also crucial to this role.