Quantitative Risk Manager

Our client is a well-capitalised, highly regarded UK institution with a distinct mandate and a genuinely different risk profile to a typical investment bank. They are seeking an experienced quantitative modeller to join their financial risk team as a senior hire, overseeing two junior modellers within a close-knit team of four.

Unlike a conventional industry modelling function, this team is free to design models that genuinely reflect the risks they face, rather than simply meeting regulatory expectations. The asset scope spans sovereign debt, FX, credit, and residential mortgage-backed securities.

“We decide what is best to capture the risks we face. The problems we encounter are unique to us, and they pose modelling complexities that people simply haven’t thought about before.”

What you’ll do

• Build and own capital models in partnership with the treasury function
• Model collateral behaviour across fixed income, FX, credit, and residential MBS
• Apply stochastic processes and derivative pricing techniques

• Communicate model outputs clearly to senior management and stakeholders
• Manage and develop two junior quantitative modellers
• Drive innovation in a creative, unconstrained modelling environment

What we’re looking for

• Proven quantitative modelling background — you must have built models from scratch, not only reviewed them
• Expertise in fixed income, FX, and/or credit; residential MBS knowledge is a strong plus
• Proficiency in stochastic processes and derivative pricing
• Background in risk methodology, hands-on model validation, or front office quantitative roles
• Strong communication skills — the ability to explain complex models to non-technical senior stakeholders is essential
• A broad quantitative profile is valued over narrow specialism in a single product type

We welcome applications from candidates at AVP/VP level in investment banking, quantitative advisory professionals from the Big 4 and mid-tier consultancies, and those from smaller banks with broad modelling experience.

Barclay Simpson, trusted experts in Risk jobs and recruitment: https://www.barclaysimpson.com/specialisms/risk-jobs/

This is an official job listing by Barclay Simpson: https://www.barclaysimpson.com/job/quantitative-risk-manager/