Model Validation Specialist - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

**Your Responsibilities include:

Document test results in a model validation report to be reviewed by regulators and which will form the basis of discussion with key model stakeholders including Front Office Trading, Model Developers, Market Risk Managers, and Finance Controllers
Active participation in the development and maintenance of an internal Python library to improve the efficiency of testing and documentation
Communication of validation results
Engaging with the due diligence aspects of the New Product Approval Process

**Key skills and experience: - Experience and understanding in a Model Validation, Front Office Quant role or other relevant quantitative finance role

Python testing and coding knowledge
Excellent mathematical ability with an understanding of Stochastic Calculus, Partial Differential Equations, Monte Carlo Methods, and Numerical Algorithms
A deep understanding of derivatives pricing models and a strong interest in financial markets demonstrated by qualifications and experience
Experience with Credit derivative/securitisation models