Quant Model Risk Associate/Vice President – Equities

Overview

In this role you assess and strengthen model risk governance for equity derivatives at MRGR. You will work with model developers, trading desks, and risk professionals to ensure pricing models are sound and fit for use. You’ll develop benchmarks, metrics, and a resilient risk-control framework to support informed decision-making. The position offers exposure to multiple business areas and a chance to shape risk practices across global markets.

Responsibilities

• Analyze the conceptual soundness of complex pricing models and reserve methodologies
• Develop and implement alternative model benchmarks and performance metrics
• Liaise with model developers, trading desks, and risk professionals to provide guidance on model risk and usage
• Maintain model risk control apparatus and serve as the first point of contact for the coverage area

Key requirements

• Excellence in probability theory, stochastic processes, statistics, and numerical analysis
• Strong understanding of option pricing theory and quantitative models for derivatives
• Experience with Monte Carlo and numerical methods
• Strong analytical and problem-solving abilities
• MSc or equivalent in a relevant field
• Proficiency in C/C++ programming and Python
• Inquisitive nature with excellent communication skills
• Teamwork-oriented mindset

• excellent communication
• teamwork-oriented
• inquisitive nature
• probability theory
• stochastic processes
• statistics

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