This top European Investment Bank is looking to take on a talented Analyst who can hit the ground running and is also looking for a challenge. This Model Validation group is not like your average Model Validation group as it encompasses a wide spectrum of the business units allowing these team members to gain exposure to other business functions. This model validation team are widely known for their leading financial projects and have been widely praised for their cutting-edge approach. The successful senior Model Validator will be mainly working with FX and Commodity derivative products, and will also be gaining exposure to other trading desks.



Responsibilities of FX/Commodity Model Validator:

-Candidate will be analysing and benchmarking current models, and be given the opportunity to build their own models, which will be largely used by the trading desk.

-Stress testing current models and identifying any potential risks that might affect the trading products.

-Managing all risk scenarios by planning solutions in advance.

-Supporting and assisting all senior traders, working closely with them on a day-to-day basis.

-Candidate will be working predominantly with Commodity/FX products, and will be gaining valuable insight into the rest.



Requirements of FX/Commodity Model Validator:

-PhD Mathematics/Physics or other related subject.

-Extensive previous experience with financial products (EQ and Hybrid Exotics in particular).

-General Programming skills needed e.g. C++, VBA, Matlab etc.

-Strong analytical skills.

-Excellent level of Financial Mathematics i.e. stochastic calculus, PDE modelling, binomial trees, etc.

-Good knowledge of Valuation assessments – IPV.



Due to the nature of this role, this company will be offering exceptional base salaries and benefits.



To apply for this Front Office Quant Analyst role please press the apply button or call 0207 019 4137.