My client, a leading bank, is looking for an experienced Model Risk Manager to join them on a 6 month contract.
The role-holder will be a member of the RISK department of the company handling counterparty risk, market risk, and valuation risk methodologies. The successful candidate will support the team within the department to create market risk internal models (VaR, Stressed VaR, IRC, CRM, PFE, EEPE, SA-CCR, SIMM etc.). Role requirements include having established experience working within financial services sector and experience with model risk management, Python / R / C# and preferably a degree in business mathematics.
· Experience and understanding of capital markets and how they operate etc.
· Familiarity of many pricing models as well as market and counterparty risk modelling techniques.
· Advanced skills in Python / R / C#
· In-depth understanding of model risk management processes, regulatory requirements, internal policies, standards and templates.
Start date: ASAP
Duration: 6 months
Rate: £800-£1000pd via umbrella
Base location: Marylebone, London - 50% hybrid
If this is of interest, please apply with your latest CV and I will be in touch if your profile matches the spec.