Quantitative Analyst - Model Validation - CONTRACT - Bonhill Partners

We are currently seeking an experienced Model Validation Quant to join an investment banking team.

The ideal candidate will have a strong quantitative background, cross-asset derivatives experience and solid derivatives pricing knowledge , with the ability to independently assess and challenge complex pricing and XVA models.

Key requirements:

• Experience in quantitative model validation, model development or quantitative analytics.
• Strong understanding of XVA methodologies, including CVA, DVA and FVA.
• Cross-asset derivatives exposure across Rates, FX, Credit, Equity and/or Commodities.
• Knowledge of derivatives pricing models, calibration techniques and Monte Carlo simulation.
• Understanding of counterparty credit risk and exposure modelling.
• Strong programming skills in Python, C++ or similar languages.

Candidates from XVA, derivatives pricing or quantitative model validation backgrounds are encouraged to apply.

Preferred Qualifications:

• Experience with risk engines and financial libraries.
• Familiarity with regulatory reporting tools and processes.
• Knowledge of machine learning techniques applied to model validation.
• Exposure to cloud-based computation and big data analytics.

This will be a 6 months rolling contract.

Rate: £700 - £750/day (Inside IR35)