Senior Quant Risk Management Associate

Latest Job


Senior Quant Risk Management Associate

Location: London, UK (Hybrid)

Salary: £100,000/YR - £110,000/YR



Our Quants team are working with complex and advanced modelling and we’re looking for someone ready for a new challenge to join the London team. The Senior Quantitative Risk Associate is responsible for developing Risk/Pricing Models that evaluate counterparty exposures to the Clearing House. These include models related to Pricing, Value-at-Risk, Stress Testing, Liquidity, Regulatory Capital, & also developing tools for Portfolio Analytics. The incumbent also works to develop strategies to perform back-testing to ensure the adequacy of margin coverage & model assumptions.

Principal Accountabilities:

· Conduct empirical studies and make recommendations on margin levels, modelling issues, and other risk-mitigation measures. Ensure that the model is up to date with the proven theories in the field.

· Enhance existing risk models as well as design/prototype new models across different asset classes like OTC products and Exchange-traded Futures and Options (e.g. Pricing, VaR, Backtest, Stress, Liquidity, etc.).

· Perform risk analysis and develop risk solutions

· Ensure deployment, testing and continuous improvement of these models within the Production Infrastructure.

· Document and present results to Sr. Management and/or Risk Committees.


· MSc or PhD degree in Quantitative Finance, Statistics, Mathematics, Computer Science, Physics, or a relevant scientific field.

· 3+ years of experience in pricing complex derivatives and performing advanced statistical analysis on underlying risk factors.

· 2+ years in developing risk models like Historical VaR, Monte Carlo VaR, Multi-Factor Risk Models, Stressed VaR, and Liquidity Risk models.

· Academic experience in probability theory, statistics, and stochastic processes.

· Experience providing theoretical justifications for risk models.

Skills & Software Requirements:

· Proficiency in programming languages such as C++/C#, Python, R, VBA and SQL is essential.

We are operating a hybrid working pattern with the flexibility to work from home 2 days a week

Recruiter: Alex Sweetingham


Click or drag a file to this area to upload.

Can't find what you're looking for?

We can help! Drop us a line and we can help to find the right job for you.

Browser Update Required

This website does not support your current version of Internet Explorer, Please download the recent version from one of the links provided.

Update to Google Chrome Update to Internet Edge