Quantitative Team Lead (Market Risk/Traded Risk)

  • Location

    London, England

  • Sector:

    Banking & Financial Services

  • Job type:


  • Salary:


  • Contact:

    Phoebe Cheung

  • Contact email:


  • Job ref:

    PCH - Risk_1610104444

  • Published:

    7 months ago

  • Expiry date:


  • Startdate:


  • Consultant:


My client, a Top Tier Financial Services Institution is looking for a Quantitative Team Lead to join their team.

This is a permanent role based in London. This role is part of the Front-Office Risk Methodology / First line risk team reporting to the team head.

Key accountables:

  • Defining margin algorithms (Pricing models, risk models and parameter calibration) in a standard consistent with regulation and internal policies
  • Getting approvals from a variety of internal/external stakeholders for new products/models
  • Writing Business requirement for IT teams
  • Developing and implementing quantitative solutions
  • Prototyping and testing (UAT)


  • Project work and SME input and implementation of Market Data and Risk related change/projects - Significant involvement is required for any development relating to instrument data or validation changes.
  • Analysis of market data to look for trends and new business opportunities.
  • Development of the automated eligibility solutions.
  • The role will need to be key communication point between IT, App Support teams, businesses teams.
  • Prototyping and developing end-to-end pricing and margin algorithms addressing various types of risk and financial products
  • Analysis and implementation of performance improvements to the existing VaR/SPAN models across different products in production systems
  • Validation/Analysis/Development of the compression and netting algorithms
  • Maintenance and support of the existing risk libraries and risk simulators
  • Risk Management Responsibilities - Responsible for the generation of daily, weekly, monthly risk reports, ad-hoc risk management tasks.
  • Risk Analyst manager required with skillset to automate and build resiliency around all aspects of the margin and default management process. This includes developing both productionised numeric-based solutions and tactical R script solutions, contributing to First Line Risk quant library


  • Degree or equivalent finance/quantitative finance, mathematics, computer science-related disciplines, preferably a Masters' degree or PHD.
  • 7+ years experience
  • Experience of risk management or quantitative role
  • Experience in delivering production numeric solutions
  • Sound conceptual / technical knowledge of a risk model and IT infrastructure
  • Computational skills (SQL, R, VBA, Java) and good numerical competency.
  • Autonomy, problem solving skills
  • Effective critical analysis and reasoning skills.
  • Effective communication skills (written and oral)
  • Ability to go into the details and convey messages to a variety of audiences
  • Ability to work with team delivery environment

For more details, please send your CV to phoebecheung@taylorroot.com

Please note our advertisements use PQE/salary levels purely as a guide. However we are happy to consider applications from all candidates who are able to demonstrate the skills necessary to fulfil the role.

Please note that your personal information will be treated in accordance with our Privacy Policy.