Credit Risk Manager – Monte Carlo and PFE recruitment

An opening currently exists with one of Europes foremost Banking groups based in London working as a Credit Risk Manager. The position is focussed on the development and running of montecarlo simulations to assess potential future exposure (PFE) for the banks capital. You will become a technical expert on a complex risk management system specifically designed around Monte Carlo simulation and future exposure. You will assess the validity of various methodologies and critically assess the results of various simulations. You will document the test cases that are run and deliver reports to the Principal risk Manager.

We are looking for a candidate with a proven experience in a PFE and or monte carlo modelling within an established banking group.

You will have strong analytical skills including knowledge of options pricing and stochastic processes.

You will have solid Matlab, C++ and VBA skills able to program and edit models as required

You will be an effective communicator, able to deal with internal clients from a multi cultural background.

The business is one of the most stable organisations in the EU with a truly enviable reputation and a highly competitive package on offer.

There is a fantastic pension plan available as well as allowances to allow a good work life balance for the successful candidate.

Apply online or call Richard Smith on 020 7398 3600 for further details