XVA Quant Analyst

Outsource UK Limited
London (Greater)
08 Nov 2017
16 Nov 2017
Contract Type
Full Time

XVA Quant Analyst

Overview of the XVA Quant Analyst position

The successful candidate will operate independently, providing deep specialist skills and knowledge to act as an internal consultant to projects and functions within Group IT, and actively shape initiatives to drive development and implementation in areas of specialism in line with the strategy of Group IT.

This role is part of the core front office quant team responsible for XVA pricing and risk management. The team develops and supports a Monte Carlo engine on a CPU/GPU grid and uses advanced algorithms. Required skills: C++; familiarity with large scale code development (TDD, JIRA, SVN); mathematical finance (single or multi-asset class); team player; ability to work independently. CUDA experience is desirable but not required


  • Designs and integrates specialist solutions for multiple projects/ initiatives, factoring in other aspects of the business solution and the effect of the specialist decisions on other parts of the organisation on each occasion
  • Translates and communicates complex technical/ specialist issues/ proposals and secures stakeholder buy-in for the proposal/ solutions, and acts as an internal consultant for own area of specialisation by leveraging own knowledge across multiple projects and functions
  • Conducts supplier selection, contract negotiation and selection of tools and resources to deliver a comprehensive service and/or projects
  • Challenges existing approaches/ solutions to drive continuous improvement and gains management/ client commitment to change
  • Responsible for planning, objective setting, and development of new procedures within area of responsibility, through interpretative judgement of Group IT policies and goals
  • Accountable for performance against financial parameters, and monitors and reports on budgetary aspects within own area. Has significant input to budget setting/ financial proposals and reviews.
  • Identifies, clarifies and assesses complex, abstractly defined business problems/ issues and provides alternative scenarios with minimal referral to line manager
  • Initiates change, identifying and gaining approval for opportunities for improving Group IT services, managing the implementation of change or continuous improvement initiatives to agreed time/cost constraints (including careful consideration and management of cross-functional dependencies), and incorporating lessons learned into future planning activities
  • Manages and builds key stakeholder relationships across sphere of influence to improve the overall service provided by Group IT
  • Ensures compliance with the Bank's IT architectures, books of instructions, procedures and guidelines, quality standards and all regulatory and statutory requirements, and where appropriate takes action to ensure the Bank's business is protected at all times
  • Shares own knowledge and technical expertise across organisational boundaries by consulting, advising and coaching others, and ensures others to share their knowledge, in order to build skills across Group IT

If you considering a move from your current role please apply online or if would like to find out about other opportunities please contact Corinna Jones on ************************* or ************

Please visit our website **********************

This job was originally posted as www.jobsite.co.uk/job/959488366