Quantitative Analyst - Model Validation - CONTRACT - Bonhill Partners

Requirements

The ideal candidate will have a strong quantitative background,cross-asset derivatives experience and solid derivatives pricing knowledge, with the ability to independently assess and challenge complex pricing and XVA models.

Key requirements

1. Experience in quantitative model validation, model development or quantitative analytics.
2. Strong understanding of XVA methodologies, including CVA, DVA and FVA.
3. Cross-asset derivatives exposure across Rates, FX, Credit, Equity and/or Commodities.
4. Knowledge of derivatives pricing models, calibration techniques and Monte Carlo simulation.
5. Understanding of counterparty credit risk and exposure modelling.
6. Strong programming skills in Python, C++ or similar languages.
7. Candidates from XVA, derivatives pricing or quantitative model validation backgrounds are encouraged to apply.

Preferred Qualifications

1. Experience with risk engines and financial libraries.
2. Familiarity with regulatory reporting tools and processes.
3. Knowledge of machine learning techniques applied to model validation.
4. Exposure to cloud-based computation and big data analytics.

What we offer

Rate: £700 - £750/day (Inside IR35)

Other

We are currently seeking an experienced Model Validation Quant to join an investment banking team.

This will be a 6 months rolling contract.