Model Validation Officer – Zurich recruitment
My client is a new issuer of Structured Products. The company strives to make a difference in the Structured Product market through transparency and distinctive service offering. It therefore developed its own state-of-the-art, integrated IT infrastructure that aims to set new standards in stability and flexibility to meet its clients’ most rigorous quality and efficiency requirements. The ambition is to become a leading global financial service provider active across asset classes and wrappers, with a main footprint in Europe and Asia.
YOUR TASKS RESPONSIBILITIES :
• Validation of pricing and hedging models including testing and documentation efforts
• Regression tests with pricing library releases
• Evaluating conceptual aspects, implementation, data sources, best market practices
• Independent price and model parameter verification
• Review of pricing scripts for special transactions
OUR REQUIREMENTS :
• Strong quantitative background (theoretical physics, applied mathematics, finance with relevant focus)
• Work experience in a highly quantitative environment in the financial industry, preferably model validation and price verification
• Excellent knowledge of quantitative finance and Stochastic Calculus
• Experience in solving quantitative problems and programming numerical algorithms
• Willingness to analyse problems and work with considerable accurateness
• Results-oriented, team player and good organisational and interpersonal skills
• Advanced skills in Microsoft Office products (VBA, Excel, Word, PowerPoint)
• Basic database skills (Access or SQL) would be a plus
• Fluent in English, German would be an asset
Title : Model Validation Officer
Salary : Up Swiss Fr 200,000
Type : Permanent position
Contact : Edward Sellick
Contact Number : 00 44 207 887 6497
E-Mail : e.sellick@chesterwoodllp.com