Risk Quantitative Analysts - Market Risk and CCR Risk Quantitative Analysts - Market Risk and CCR …

in London, United Kingdom
Contract, Full time
Last application, 27 Sep 21
in London, United Kingdom
Contract, Full time
Last application, 27 Sep 21
Posted by:
Lisa d'Enquin • Recruiter
Posted by:
Lisa d'Enquin
Partnering with the Risk Analytics and Modelling department of a major French Investment Bank in London, Quanteam UK is currently hiring several Risk Quantitative Analysts with expertise around Market and/or Counterparty Credit Risk.


The RISK Function is globally accountable for the definition of official risk policies, guidelines and procedures, as well as the quantification and monitoring of risks taken by the various business lines, to ensure alignment with risk appetite and policies. Our client’s well-developed risk management culture is based on a long-term vision, a committed management, and a strong and independent organisation.

The team's mission is to develop and continually improve the group’s risk modelling & measurement, analysis and back-testing capabilities. 

The team is organised in four streams, each responsible for a given asset class (IRFX, Credit / Repo, Equity / Commodity) or transversal aspects of risk methods (Cross-Product), supported by two architects responsible for ensuring consistency across methodological research and development activities.

The team’s remit includes all the IMM models in use within the Bank, such as VaR / ES, Stressed VaR, IRC and CRM models in the market risk space, as well as EEPE, Stressed EEPE, Regulatory CVA models in the counterparty risk space.


In the context of the Targeted Review of Internal Models (TRIM) for Counterparty Credit Risk, the team is actively engaged in developing and rolling out new analytics to address a number of supervisory Obligations. In parallel with this, the team is working on a strategic development to the bank’s Counterparty Credit Risk system platform.

The team requires from Quanteam UK excellent programming skills to help deliver new analytics, contributing both to TRIM and the new strategic platform development. Parts of the analytics developed will run within a Production environment and parts will be used exclusively for off- Production analyses. We will have a key role in facilitating the running of the analytics in a Production environment in close collaboration with our client in the RISK Systems team.


Working in close partnership with the team's quantitative analysts and developers, RISK Systems personnel and FO quantitative teams, Quanteam UK consultant will be expected to:

  • Develop a sound understanding of the methodologies, new and existing
  • Develop, test and roll out the methodology analytics within the target framework (C#-based); support the internal validation process
  • Relay the quantitative requirements and constraints to the developers, business analysts and architects of co-operating teams, so as to ensure that the target architecture is designed to operate flexibly and efficiently; undertake developments & maintenance activities
  • Contribute to the specification of the analytics’ interface within the technical environment it will be deployed into, ensuring timely availability of inputs and outputs


  • Solid quantitative background within a counterparty credit risk environment. Continuous interaction with other teams in RISK and FO will also call for strong communication skills.
  • A strong academic background, for example a Masters in mathematics, physics or quantitative finance;
  • Excellent programming skills, including statically-compiled languages such as C++, C# and Java. C# knowledge is highly desirable;
  • Proven experience in a quantitative finance environment, preferably in a counterparty risk modelling capacity;
Quanteam logo
More Jobs Like This
See more jobs