Description
Quantitative Analyst
Quant Analyst - Wholesale Credit Risk
6 months + extensions
London
Competitive Daily Rate
My client is a leading financial services business based in London. They are looking for multiple Quant Analyst experienced with Wholesale Credit Risk.
Key Requirements:
- Wholesale Credit Risk modelling experience
- Desirable experience with Moody's RiskCalc and RA5
- Excellent understanding of AIRB modelling
- Proficiency in manipulation of large data sets and excellent understanding of credit risk related data
- Excellent knowledge of SAS data manipulation and statistical analysis is of benefit
- Excellent communication skills and the ability to maintain close working relationship with related parties
- Assisting to develop and implement the changes in process, including policy and procedure.
- Very good understanding and interpretation of regulatory rules
- Experience of managing an offshore team would be beneficial for the senior position
Responsibilities:
- Leading the work of quantitative analysts covering Global AIRB model development, validation, monitoring and implementation.
- This role plays an important role as a member of the Regional RRA team in charge of the whole Risk Rating System for the bank making the decisions related to model methodology, project planning and AIRB coverage for Global Models.
- Assist team colleagues responsible for checking model data quality, monitoring, and reporting issues to the steering committees etc.
- Candidate must have a very good control of data sources, model data quality, model development and an oversight of the model delivery.
- Reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology
If this role is of interest, then please APPLY here for consideration.