Quantitative Risk Manager

  • Excellent package + bonus
  • London, England, United Kingdom
  • Permanent, Full time
  • Connect Resourcing
  • 02 Sep 16

Leading Commodities Trading House is now seeking an experienced and high calibre Quantitative Risk Manager to join their London based team. You will lead the team responsible for assessing complex transactions and model validation to maximise value and control risk.

This is a key role that will lead a small team that provides a flexible, business focused service to value complex transactions, validate models and help assess risk, alongside advising on quantitative and modelling issues. Key responsibilities will be to
• Prioritise, coordinate and oversee delivery of quantitative analysis
• Assess and advise on quantitative risk-related aspects of commercial issues and facilitate ongoing development of the risk control capability
• Undertake high quality assessments of a wide range of complex transactions, through carrying out modelling and analysis. Advise on the value and risk-related quantitative issues associated with the proposals
• Advise on and contribute to ongoing model development for valuation and risk measurement. Conduct reviews and validation of models to help ensure best practice is followed; including direct involvement in the design and construction of risk models
• Communicate the results of analyses clearly in both written and verbal forms to different audiences, including senior management, in order to add value to business decisions
• Work collaboratively with and build strong relationships with quantitative analysts and originators, other risk team members and other teams

The post holder will play an important part in the work of the risk department and make a significant contribution to the business capabilities in this area. This, together with the opportunity for exposure to senior management, will provide an excellent platform for longer term career development .

You will need:
• A strong MSc or PhD in a highly quantitative subject (potentially mathematics, quantitative finance, operational research, science, engineering).
• A good understanding of quantitative finance and related risk issues including derivative principles, option valuation, probability and statistics; coupled with a strong practical, and business focused, approach to modelling, valuation and risk management
• Strong skills related to modelling and related programming (including model development experience; exposure to Python or similar; experience of using monte-carlo simulation) and the ability to build, review and validate complex models
• A good understanding of, or a keen interest and desire to learn about, energy markets is essential; prior experience in a high calibre energy-related environment is highly desirable
• Ability to communicate complex issues in a clear, straight forward manner
• Ability to work under pressure and to tight deadlines in a fast moving trading environment
• High attention to detail in both numerical analysis and written work
• Strong leadership and influencing skills
• Experience managing a team, supervising and coaching team members, and coordinating the team workload