Description
A Top Tier Investment Bank in London are recruiting for an Operational Risk Model Manager to work within their Operational Risk Analytics team who are responsible for the development, management and running of models used to quantify various aspects of operational risk within the Bank.
The Risk Model manager will be responsible for working with an off-shore team in the research, development, implementation and execution of models for the calculation of operational risks, includes for example loss distribution approaches on internal and external data, scenario based simulation analysis, allocation, modelling risk mitigation from insurance and stress testing.
Knowledge:
- Very strong technical knowledge of scientific coding and programming tools, for example VBA, C++, Mathematica and MatLab.
- PhD in mathematics or physics is desirable. Candidates with a master in math, physics or other sciences may also be considered.
- Expertise in project management and dealing with multiple-stakeholders.
- Experiences in working with auditors, regulators and compliance.
- Knowledge of one or more of credit risk, market risk and operational risk.
Essential Experience
- 2 or 3 years of experience in a quantitative role in operational risk or finance would be an advantage but is not a prerequisite
- Demonstrated ability to work in a Regional function collaboratively in reaching decisions and solutions.
- Experience within a large, Matrix organization.
- Previous experience in a role, across multiple jurisdictions and cultures.
- Strong experience in creating best in class processes and activities
If this is of interest please get in touch.