Description
The successful Model Validation / Development practitioners will be expected to undertake risk & control activities (audit) requiring extensive quantitative expertise as part of a team providing independent, objective assurance over the Group's internal control framework and assists business line management.Model Validation / Development technical skills sought;
The successful candidates will be strongly technically oriented and proficient in dealing with quantitative projects and business problems. Expertises sought include;
- Strong academic qualifications in a quantitative discipline and/or relevant experience in front office or Risk & Assurance functions;
- Financial mathematics, derivative products (IR, FX, credit, hybrid, inflation and equity), and modelling and calibration techniques for their pricing;
- Experience of continuous support of key trading front office and risk applications, including analysis of market risk, VaR, generic risk measures (i.e. Greeks)
- Financial economics; Econometric modelling and forecasting;
- Scenario analysis and stress testing;
- Actuarial modelling and Solvency 2 requirements;
- Statistical and qualitative techniques for validating models;
- VBA, Matlab, C++ skills.
Ultimately the role provides an excellent and unique opportunity to gain exposure to a wide range of credit, market and insurance risk modeling, pricing, capital assessment and other modeling and analytical techniques across the banking and insurance businesses.
Location:London.
Remuneration: £60,000-£80,000
Send an updated resume to Leroy Maringa to register interest
To find out more about Real, please visit us on www.realstaffing.co.uk