Senior Model Validation Quants recruitment
Group Market Risk
Major Investment Bank
The Front Office team of 10 Quants develops structured products for retail investors in the Nordic region and generates many new derivative structures for validation risk assessment.
They now seek strong quant team members to boost the capabilities and output of this expanding team.
RESPONSIBILITIES:
- Provide excellent model validation process model risk for existing new derivative models
- Development of alternative models – at desk top / single trade level
- Conduct Model reviews of existing models
- Challenge Front Office models at code level
- Develop relationships with Front Office model development quants
- Provide quantitative expertise to IT other quants
ESSENTIAL SKILLS EXPERIENCE:
- Excellent mathematical skills mathematical finance
- Advanced programming in C++, Matlab, VBA, etc.
- Good knowledge of standard risk measures
- Validation of stochastic valuation models running Monte Carlo
- PhD or equivalent in a quantitative subject
December 10, 2011
• Tags: Derivatives careers in the Denmark, Senior Model Validation Quants recruitment • Posted in: Financial