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

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 fromXVA, 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.

This will be a 6 months rolling contract.

Rate: £700 - £750/day (Inside IR35)

We look forward to hearing from you!