Model Validation recruitment

My client, a global investment bank is looking for a senior model validation professional to join a small team based on the trading floor and covering all asset classes.

The role involves independent validation of derivative pricing models used for equity, rates, fx and commodities. This includes the calibration of models to available market prices to ensure consistent valuation of the trading books and specification of reserving methodologies where appropriate. This team also performs the verification and validation of exotic trade bookings.

Ideally, the candidates will have a PhD in a quantitative discipline and an in-depth understanding of price modelling technique for PL and risk including analysis of mathematics and underlying assumptions. C++ will be an advantage.

For a confidential discussion, call Lucie on 0207 430 7246 or send your CV to lucie.pychova@ambition.co.uk