Model Validation Specialist.

Recruiter
Alexander Ash Consulting
Location
London, United Kingdom
Salary
70k - 85k
Posted
28 Dec 2022
Closes
26 Jan 2023
Ref
17952681
Job Function
Credit Analysis
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Your Responsibilities include:
  • Document test results in a model validation report to be reviewed by regulators and which will form the basis of discussion with key model stakeholders including Front Office Trading, Model Developers, Market Risk Managers, and Finance Controllers
  • Active participation in the development and maintenance of an internal Python library to improve the efficiency of testing and documentation
  • Communication of validation results
  • Engaging with the due diligence aspects of the New Product Approval Process


Key skills and experience:
  • Educated to Doctor of Philosophy (PhD) or Master of Sciences (MSc) level or equivalent qualification/work experience in a numerate subject, such as Mathematics, Financial Mathematics, Physics or Statistics
  • Experience and understanding in a Model Validation, Front Office Quant role or other relevant quantitative finance role
  • Python testing and coding knowledge
  • Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations, Monte Carlo Methods, and Numerical Algorithms
  • A deep understanding of derivatives pricing models and a strong interest in financial markets demonstrated by qualifications and experience
  • Experience with Credit derivative/securitisation models

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