CDSClear Quantitative Strategist

Role description

This London based role is for a quantitative strategist/analyst within CDSClear First Line Risk Quant Team.

Implementation of risk model analytics changes required to support business development, suggesting model improvements and documenting methodology for risk governance.
Ensuring the analytics for model risk monitoring reports are maintained, produced and approved by the relevant governance.
Supporting regular model validation reviews and guiding them through the methodology.
Partnering with Second Line Risk, CDSClear IT Dev, CDSClear IT Test and CDSClear Risk Change to ensure a smooth transition to production deliveries.

Key Responsibilities

Change

Define, prototype and test model changes required for business developments and document to obtain approval from internal and external governance.
Define business requirements and corresponding test cases for CDSClear Risk model changes.
Maintain risk methodology documentation for members and auditors to be able to review the details of CDSClear’s risk model, and for the CDSClear First Line Risk code to be understandable.
Maintain the analytics tools and libraries required to produce the regular model risk monitoring reports and margin calculation.

Partnership

Provide SME support to answer queries from clients / members or regulators.
Build and manage relationships with internal stakeholders, including model validation, second line risk, CDSClear IT devs, CDSClear IT test and CDSClear Risk Change to improve predictability, transparency and efficiency of all deliveries impacting CDSClear Risk Run.

Candidate Profile / Key Skills

Quantitative strategist/analyst with 2-5 years experience working in a front office credit derivatives quant team.
In depth knowledge of credit derivatives including one or more of (CDS Single name, CDS Index, CDS Index tranches, CDS Index Option, Credit CVA/XVA).
Experience in coding in production quant libraries written in C++ (additional experience in Python or R an advantage).
Educated to Master’s or PhD level in Mathematics, Statistics, Physics or related field.
Rigorous and organised with excellent communication skills, able to coordinate with other teams to safely introduce market driven and CDSClear driven changes in production.

Career Stage:

London Stock Exchange Group (LSEG) Information:

Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.

LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.

Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.

Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.

You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.

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