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AVP Risk Model Validation - Global Investment Bank

  • Job type: Permanent
  • Location: London
  • Salary: Negotiable
  • Job reference: 385083/001_1550051192
  • Sector: Selby Jennings, Risk Management
  • Date posted: 13/02/2019

Responsibilities will include:

  • Primarily responsible for the validation of the models used to manage the bank's risk models.
  • First-rate and thorough testing of the bank's broad range of traded risk models.
  • Expected to contribute continuously to the improvement and efficiency of the bank's risk and pricing models.
  • High-quality documentation and reporting of the model validation, to be used in meetings with senior stakeholders and financial regulators.
  • Ensure that all activities and duties are carried out in full compliance with regulations and company-wide Risk Policy.
  • Challenging the existing Risk pricing models and the monitoring proposed by the Front Office.

Essential skills and experience:

  • Postgraduate degree in a relevant quantitative/mathematical discipline.
  • A desire to obtain a deep understanding of a variety of financial modelling approaches, and their respective
  • strengths, weaknesses and appropriate applications.
  • Strong programming experience and familiarity with languages such as Python, C++, MATLAB or R.
  • Strong communicative skills and an ability to explain complex mathematical/quantitative ideas to a range of audiences in a variety of circumstances.
  • High standard of written communication in the documentation and reporting of the model validation.
  • The ideal candidate will have a highly logical thought process with a strong attention to detail and an ability to work collaboratively in a high-pressure, dynamic environment.
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