Selby Jennings is currently mandated to fill a role within a Top Investment Bank who are looking to hire a senior candidate within their Model Validation Team. The position is the lead role covering CVA for all Fixed Income Exotics. The position will cover CVA and counterparty risk methodologies including CCDS, CVA,PD/EAD models, PFE and others; yet with a main focus on validation of key derivative pricing models. The group is highly dynamic with significant investment into it and has as a result seen extremely successful growth over the last number of years. The bonuses within the team are completely performance related with top performing individuals seeing 100%. Given the focus is on CVA the work is exciting and someone entering this team, at this level, can genuinely add value.

The successful candidate is likely to have the following background:
• 4+ years experience in a front office or model validation role within an Investment Bank.
• Experience in Derivative pricing models across CVA / Counterparty risk including Interest Rate Exotics, Credit, FX and Equities.
• Outstanding knowledge of exposure models.
• PhD in a Mathematics, Physics or Engineering.
• Outstanding ability to communicate with different internal stakeholders including traders, sales, front office quants, risk and IT.
• Strong knowledge of C++ and VB.

The position offers outstanding progression and the chance to join a team with a ‘get the job’ done mentality. Each individual in the group is an absolute expert in their field.

Please apply directly and refer all enquiries to quantexotic@selbyjennings.com, +44 (0) 207 019 4137