Role: Quantitative Risk Analyst (Credit Risk & Climate)
Client: Leading Investment Bank
Compensation: Up to £130,000 + Bonus + Package
Level: Vice President (VP)
Location: London (Hybrid / Good WFH options)
Overview
My leading Investment Bank client is looking for a talented and motivated individual to take responsibility for developing, documenting, and monitoring Credit Risk models for their EMEA region. This is a high-impact role within a supportive, high-performing team that offers the chance to lead traditional capital assessment workstreams while pioneering innovative solutions in the emerging field of Climate Risk modeling.
The Role
As a Vice President within the Quantitative Risk team, you will be a key driver for the bank's regulatory compliance and internal risk management. You will take the lead on modeling activities that support critical assessments like ICAAP and ICARA. Beyond traditional credit metrics, you will be tasked with developing scenario analysis exercises and innovative models to quantify climate-related financial risks, ensuring the bank's portfolio remains resilient in a changing global landscape.
Key Responsibilities
- Model Development: Developing, documenting, and monitoring robust Credit Risk models for the EMEA region
- Capital Assessments: Leading activities that support Regulatory and Internal Capital Assessments, including ICAAP and ICARA
- Climate Risk: Developing innovative modeling solutions and scenario analysis frameworks for Climate Risk
- Quantitative Analysis: Utilizing advanced statistical techniques to ensure model accuracy and regulatory compliance
- Stakeholder Management: Communicating complex quantitative findings to senior management and regulatory bodies
- Data Management: Leveraging Excel, Access, and programming tools to manage large-scale risk datasets
Requirements
- Experience: Strong professional background in Credit Risk Model development within a banking environment
- Education: Degree in a highly Quantitative subject (e.g., Finance, Mathematics, Economics, or Engineering)
- Technical Skills: Advanced proficiency in R is ideal; experience with Python or SAS is highly desirable
- Software: Strong mastery of Excel and Access for data manipulation and modeling
- Regulatory Knowledge: Familiarity with capital assessment frameworks (ICAAP/ICARA)
- Communication: Excellent ability to bridge the gap between complex quantitative data and business-level insights
What’s on Offer
- Competitive base salary up to £130,000 with a Vice President (VP) title
- Substantial performance-linked bonus and a comprehensive investment banking benefits package
- Opportunity to work at the forefront of Climate Risk modeling, a high-growth area in quantitative finance
- A supportive and high-calibre team environment with a focus on professional development
- Flexible hybrid working model with excellent London-based work-from-home options
If you are interested in this Quantitative Risk Analyst position and meet the above requirements, please apply immediately.