The role is part of the London based model review team which is part of a new, cutting edge type of risk group. The model review team are responsible for the review, validation and risk assessment of models used to price and risk manage credit derivatives. 

Specifically this team:

- Implement models independently

-Analyse and approve model intensive derivative products

-Challenge the mathematics used to derive the models in question

-Work with the business and risk managers advising on model risk related issues

Product coverage includes CDO, CDO^2, Leveraged Notes, Credit Hybrids and CPPI.

This role requires someone who can hit the ground running and who can add value in the short term. As such, the successful candidate will have to have experience as a quantitative analyst, preferably in credit derivatives in another financial institution. A strong post-graduate academic background, good programming skills (C++, VB, Mathematica or related), clear communication skills and positive problem solving ability are also essential in the role.

To apply for the role please submit CV using the online application process. If you would prefer to submit a short profile and discuss the opportunity before sending your CV we would be happy to.