Position: Risk Quant Developer

Location: South East London (Hybrid – 3 days onsite per week)

Rate: £700-£725/Day Inside IR35

Start Date: ASAP

Interview Process: 2 stage

Contract Length: 6-12 months + chance for extension

Risk Quant Developer Key Responsibilities:

• Develop and implement quantitative models for market, credit, and liquidity risk.
• Build and maintain risk management systems, including tools for portfolio risk analysis, stress testing, and scenario analysis.
• Collaborate with trading and risk teams to understand risk exposures and implement risk models.
• Design, develop, and deploy quantitative analytics and tools for real-time risk monitoring and reporting.
• Optimize performance of risk models, ensuring they scale for large datasets and complex instruments.
• Assist in the development of new risk methodologies and improve existing ones.
• Perform in-depth testing and validation of risk models to ensure accuracy and robustness.
• Provide ongoing technical support and enhancements for risk management applications.

Risk Quant Developer Key Qualifications:

• Master's or PhD in a quantitative field such as Mathematics, Statistics, Physics, Computer Science, Financial Engineering, or similar.
• Strong programming skills in languages ideally in Python or C++
• Solid understanding of financial markets, derivatives, and risk management practices.
• Experience in building and deploying financial risk models and systems.
• Familiarity with risk management tools like VaR (Value at Risk), CVaR, Monte Carlo simulations, stress testing, and scenario analysis.
• Knowledge of databases (SQL, NoSQL) and data analytics tools (e.g., pandas, NumPy, R).
• Experience working with large financial datasets and performance optimization in risk management applications.
• Experience of working within the financial services, trading or investment banking space - highly desirable

If this role is of interest, please apply now.