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Counterparty Credit Risk Quantitative Analyst - Global Investment Bank - London

Job Title: Counterparty Credit Risk Quantitative Analyst - Global Investment Bank - London
Contract Type: Permanent
Location: London Wall
Industry: financial services
Salary: £60k - 70k per year
REF: 22816
Contact Name: Kit Watts
Job Published: 26 days ago

Job Description

Twenty Financial Services are currently searching for a Counterparty Credit Risk Quantitative Analyst for a Global Investment bank located in London.

Your main responsibility will be to maintain and develop the PFE models for the bank. The models cover all asset classes and offer exposure to numerous other business lines.

Responsibilities:

  • Develop risk models and also review these models to test for accuracy, data proficiency and numerical precision.
  • Update the PFE models across all asset classes
  • Validate XVA models for front office.
  • Improve the existing system controls.
  • Work with Front office, Traders and back office to improve business functions.

Skills Required:

  • Previous experience working within model development or model validation
  • Counterparty credit risk experience.
  • PFE model experience.
  • Pricing model experience preferable.
  • Advanced programming use with either VBA, C#, Python or similar