Head of Credit Risk Exposure methods recruitment

Reporting to the Global head of Credit Exposure, my client is looking for senior candidates to head up teams to start a function from scratch across all type of products and asset classes. The main focus is  IMM but the team will be involved in building a new centre of excellence. The team leader will manage a small team to define and set up risk measures for counterparty and country risk within a change management project. The team will also look to set up calibration, backtesting and stress testing.

We are looking for quantitative background in counterparty credit risk modelling with stochastic calculus and Monte-Carlo simulations experience. These roles are ideal for a senior quant looking for a step up in management and looking to move out from a large more structured organisation. There are different level of roles depending on experience. The role can be based in London for the first 6 months and will then be relocated.