Quantitative Risk Analyst (Finance)

TL;DR

Quantitative Risk Analyst (Finance): Responsible for independent validation and development of quantitative valuation and exposure models for risk management with an accent on MVaR, CMaR, CVaR, PFE, and Monte Carlo techniques. Focus on ensuring clear understanding and appropriate implementation of quantitative concepts and managing external audit responses related to valuation.

Location: Hybrid in London, United Kingdom

Company

hirify.global is an international energy company, owned by the Federal Government of Germany, focused on securing energy supply for Europe and driving decarbonisation.

What you will do

• Maintain appropriate documentation for hirify.global Risk Management models.
• Develop, test and maintain relevant Risk models and methodologies (MVaR, CMaR, CVaR, PFE).
• Deliver independent review/validation of relevant valuation and exposure models (P&L and Balance Sheet related).
• Ensure quantitative concepts are clearly understood and appropriately implemented.
• Manage response to investigation of quantitative aspects of valuation during external audits.
• Mentor other analysts in the team and support the Head of Quantitative Risk with team development and recruitment.

Requirements

• Master's degree or similar qualification in Maths or Physics.
• Strong understanding of valuation methodologies and risk metric calculation for derivatives trading.
• In-depth knowledge of probability theory, stochastic calculus, time series and differential equation techniques to financial problems.
• In-depth understanding of Monte Carlo risk modelling methodologies (Market and Credit VaR, PFE and EaR).
• Extensive knowledge of coding languages, preferably Python and C#.
• Ability to communicate complicated concepts in a simple way to non-expert stakeholders.

Nice to have

• Post graduate qualification in Financial modelling.

Culture & Benefits

• Competitive starting salary with bonus earning potential.
• Non-contributory pension with 10% employer contribution.
• 25 days holiday plus bank holidays and volunteering days.
• Life assurance, medical and dental insurance (family cover).
• Commitment to career growth with opportunities for blended learning.
• Inclusive environment that embraces diversity and fosters development.