Model Validation – Quantitative Analyst role recruitment
About Our Client
Our client is a Global Investment Bank.
Job Description
- Conduct model validation of relevant instruments as per policy.
- Liaise with Financial Markets quantitative developers to facilitate speedy approval of new models.
- Assist market risk managers on trade approvals and finance on price verification methodologies.
- Understand local and global regulatory requirements and be aware of market environment / practices that will impact assigned books/products.
- Comply with Group Market Risk policies and risk management methodologies for existing and new products.
The Successful Applicant
- At least 1 to 2 years (for junior role) and 4 to 6 years of industry experience (senior role) either as a Front Office Quant or Model Validation Quant)
- Exposure to Structured Products a plus but not mandatory – Equity exposure will be an advantage
- MSc in mathematics, physics, engineering or quantitative finance. PhD is preferred
- Strong math/physics degree with some probability and/or statistic component
- IT skills : proficient in any programming language such as C++ / C# / Python, Java, VBA or R
- Excellent analytical skills and knowledge of stochastic calculus, Monte Carlo simulations and PDE modelling
- Sound judgement in assessing the strengths and weaknesses of modelling approaches
- Significant previous experience developing or validating derivative pricing models
- Good relational skills to communicate issues to the front-office and Market Risk Management team
What's On Offer
- Expanding team
- This role is open to overseas candidates with experience in Equity Quant Analysis
August 16, 2012
• Tags: Model Validation, Quantitative Analyst role recruitment, Risk Management careers in the Hong Kong SAR • Posted in: Financial