Vice President - Quant - Traded Risk Models - Investment Banking

About Our Client

A leading investment bank, our client provides products and services to institutional and private clients. Now, with the continued expansion plans, they are keen to recruit a Senior Market Risk Management professional with a good understanding of all aspects of Traded Risk Models : Model Management, Performance testing, Validation

Job Description

As Vice President Risk - Traded Risk Models, you will be required to:

- Oversee end to end activities focusing on delivering analysis for all aspects of Traded Risk Models : Model Management, Performance testing, Validation

- Identify all sources of underlying Model Risk; implement group model development and enhancements

- Work with Head of Traded Risk Model Management to conduct adequacy assessment of regulatory capital models for both Counterparty Credit Risk & Market (such as FRTB)

- Conduct & review production of various Quantitative submissions around Traded Risk Models - such as Value at Risk (VaR), Incremental Risk Charge (IRC), Counterparty Credit Risk (CCR), CVA & Risk Not in VaR (RNIVs) required for division

The Successful Applicant

As the successful candidate, you will have:-

- Masters/PhD in Numerate disciple along with 12+ years of prior experience in leading a sub-function in Quantitative Area / Market risk/Pricing Models.

- Significant technical understanding of financial concepts, Quantitative finance & regulatory directives applicable for the business

- Able to effectively provide technical, execution & operation guidance to various sub-functions

- Requires broader understanding of Traded Risk - including understanding of Rates, FX, Credit asset classes product profiles and regulatory directives that governs the business activity

What's on Offer

Our client doesn- t just provide you with an exciting work and a generous pay package but takes pride in ensuring your personal and professional development are first and foremost. You will have access to a range of development and learning programs, services and support designed to help you manage and balance your work/life priorities.