Quantitative Model Developer | S3 | Risk Methodology

Job title:

Quantitative Model Developer | S3 | Risk Methodology

Company

Santander

Job description

Quantitative Model Developer | S3 | Risk MethodologyCountry: United KingdomInterested in part-time, job-share or flexible working? We want to talk to you!Join our community:We currently have an exciting opportunity for a Quantitative Risk Manager to join us in London. The role holder will be part of the methodology team who are responsible for the development of risk methodologies used across the wider risk department supporting the bank’s stronger foundations.This role will sit within Quantitative Risk Group (QRG) and will focus on market risk and counterparty credit risk models as well as building and supporting a QRG library of python code.The difference you’ll make:Developing models end to end from design to implementation, including designing model monitoring framework for counterparty credit risk, market data/risk modelsWorking collaboratively with other Quants within QRG on specific project and to build and maintain the python code libraryWorking closely with the Market Risk, Counterparty Credit Risk and Front Office teams to provide quantitative support and practical solutions in a timely mannerDemonstrating an understanding of derivatives across asset classes (Fixed Income, FX, Equity etc.), from a theoretical perspectiveManaging model risk, including closure of Internal Validation recommendations in a timely mannerCoaching/mentoring other members of the teamWhat you’ll bring:Advanced technical background and experience in the finance industry with proven working experience of statistical modelling in market risk or counterparty credit riskAdvanced knowledge/experience of Python in a business contextIt would also be nice for you to have:Theoretical understanding of valuation and pricing models of financial products and derivatives and of risk management methodologies (e.g. VaR, Stress Testing)Experience as a Quant developer in financial servicesOther languages such as R, VBA or C++A postgraduate qualification/PhD or equivalentWhat else you need to know:We want our people to thrive at work and home, and we recognise that many people benefit from flexible arrangements. To enable us to deliver the best outcomes for our customers and to help each other develop we understand the importance of having the right balance of spending time together in an office while maintaining flexibility.By working this way, we can continue to create moments that matter for everyone. To support this, we offer site-based contracts with a hybrid working pattern and we’re happy to discuss specific requirements throughout the recruitment process.This role is based in Triton Square, London and our current expectation is at least 2 days in an office every week.If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.InclusionAt Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.How we’ll reward youAs well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.Eligible for a discretionary performance-related annual bonusWe put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer30 days’ holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year£6,000 car allowance per yearCompany funded individual private medical insuranceVoluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, and health assessmentsProtection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness coverShare in Santander’s success by saving or investing in our share plansWhat to do next:If this sounds like a role you’re interested in, then please apply.If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at resourcing@santander.co.uk or call 0870 414 9080.

Expected salary

Location

London

Job date

Wed, 17 Jul 2024 07:36:29 GMT

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