Risk Model Validation Quant at Quanteam, London, £Contract Rate

Job: Risk Model Validation Quant

London, UK – Hybrid Working Model

Full Time Contract – Long Term Engagement

Inside IR35 via Umbrella

Start Date: March/April 2025

Role Overview:

We are seeking a Risk Model Validation Quant to assess, validate, and enhance risk models across various asset classes. The ideal candidate will have a strong background in quantitative finance, risk modeling, and statistical analysis, ensuring models comply with regulatory standards and industry best practices.

Key Responsibilities:

• Perform independent validation of risk models, including market risk, credit risk, and counterparty risk.
• Analyze model assumptions, methodologies, and limitations to ensure robustness and accuracy.
• Develop and implement quantitative tests to assess model performance.
• Work closely with risk management, front office quants, and regulators to provide insights and recommendations.
• Prepare detailed validation reports and document findings for regulatory submissions.

Key Requirements:

• 3+ years of experience in risk model validation, quantitative risk, or model development.
• Strong programming skills in Python, R, or MATLAB.
• Deep understanding of VaR, stress testing, Monte Carlo simulations, and machine learning techniques.
• Knowledge of regulatory frameworks (e.g., Basel, SR 11-7, IFRS 9, CCAR).
• Advanced degree (Master’s/PhD) in quantitative finance, mathematics, statistics, or a related field.

Preferred Qualifications:

• Experience with derivatives pricing models and risk factor methodologies.
• Familiarity with SQL and big data tools for handling large datasets.

WHO WE ARE

Quanteam Group is a Consulting firm specialized in the Capital Markets industry, in Paris, London, Krakow, Brussels, New York and North Africa.

Since 2007, our 800 consultants provide major clients (Corporate & Investment Banks, Asset Managers, Hedge Funds, Brokers and Insurance Companies) with expertise in several projects such as Financial Engineering, Quantitative Research, Regulatory Implementation, IT Transformation & Innovation.

The firm mainly takes part in:

• Business consulting: Quantitative research, Risk management (e.g. Market risk, credit risk, counterparty risk), Banking regulations (e.g. Basel III, Solvency II, FATCA, EMIR, MiFID), Pricing & Valuation, Organizational Transformation & Process Improvement.
• IT & Information systems consulting: Business Analysis, Project Management, Change management, Front Office Support (functional and technical), Development (e.g C++, Python, C#, Java, VBA), Financial Software (e.g. Sophis, Murex, Summit, Calypso), IT Transformation & Innovation.

As part of Quanteam Group, Quanteam UK & PL has today more than 80 consultants, working for major Capital Markets institutions in London and Krakow.