Quantitative Risk Analyst recruitment
Overview
The Clearing House needs to provide robust and prudent risk management in order to meet its overriding objective: to provide Clearing Members with a central counterparty of the highest quality and to safeguard the interests of the company's shareholders and contributors to its Clearing Funds.
The goal of the Risk Management department is to manage the risk appetite of the Company in a manner which:
Is prudent in risk management terms;
Is robust operationally;
Is consistent with its regulatory status and responsibilities;
Is in line with market best practice;
Supports the company's development initiatives in clearing new products and markets; and,
Is aligned with Board expectations and Member demand.
Responsibilities
As a member of the ForexClear Quantitative Risk team, the role encompasses the development and maintenance of internal risk management models and tactical applications, quantitative analysis and financial modelling, new product research and development, and other quantitative tasks as required on an ad-hoc or project basis.
The role will involve close liaison with the wider Risk Management Dep and other internal/external groups on a regular basis.
Required skills and experience
- Model development, design and management of models
Development and testing of pricing models and curves - Development and maintainance of risk analytics library
- Quantitative analysis if risk issues
- Contribute to improvements in existing risk management techniques and processes through the application of advanced quantitative methods
- Research and development
Qualifications / Experience
- In-depth financial markets and products experience, either within risk management, product control or middle office environment within an investment bank or similar.
- Hands-on experience in developing quantitative models, building pricing models, and/or quantitative analytics.
- Highly numerate with a degree in quantitative finance, mathematics, economics or science-related disciplines, preferably at least Masters level.
- Advanced Excel and programming competency, in particular VBA, SQL, C++.
Additional Job Board Text
LCH.Clearnet is the leading independent clearing house group, serving major international exchanges and platforms, as well as a range of OTC markets. It clears a broad range of asset classes including: securities, exchange traded derivatives, energy, freight, interbank interest rate swaps credit derivative swaps, and euro and sterling denominated bonds and repos; and works closely with market participants and exchanges to identify and develop clearing services for new asset classes. LCH.Clearnet Group Ltd is owned 83% by users and 17% by exchanges.