| Job Title: | Junior Market Risk Analyst - PhD - £45k - London |
|---|---|
| Reference: | A2-23-07-10 |
| Salary: | £35000 to £50000 per annum Benefits: Bonus & Benefits |
| Location(s): | London North |
| Industry(s): | Risk |
| Advertiser: | Aspire Data Recruitment |
| Employment Type: | Permanent |
| Posted: | 23-07-2010 |
Description:
Job Title: Junior Market Risk AnalystLocation: London
Salary: £35,000 - £50,000 + Bonus & Benefits
The analytics team within the Quantitative Risk Group is responsible for methodology and model risk management of the Wholesale Bank across Market Risk and Credit Risk.
An opportunity has arisen within the, part of Global Methodology, to support team functions. In particular, the successful candidate will be involved in a Model Risk Assessment exercise and the consequent analysis of fair value adjustments, and improvements in counterparty risk charges.
Key responsibilities are as follows.
• Alignment with group methodologies
• Parameterisation of derivatives pricing models
• Analysis and development of pricing tools
• Working closely with other quants in London and / or Europe on ad hoc projects
• Support to Banking Market Risk, Trading Market Risk, Credit Risk, Product Control and Front Office as appropriate
• Understanding of counterparty credit risk methodology including review and development
• Understanding of market risk methodology including review and development
Candidate Profile
• Educated to MSc or PhD level (or equivalent) in a numerate discipline
• Clear evidence of mathematical or econometric skills
• High level of programming skills in VBA and ideally Matlab and C++
• Good practical knowledge of financial derivatives
• Excellent technical writing skills
• Strong analytical and problem solving ability
• Strong communication skills
Please send your CV to info@aspiredata.co.uk or contact us on 0845 850 4045.
