Junior Quant Risk Manager

Overview

As a Quant Risk Manager in a Tier 1 European bank client, you will shape and govern credit risk models from concept to validation. You join a growing credit team focused on potential future exposure and Monte Carlo risk frameworks, delivering regular credit risk measures and interpreting portfolio results. You will work across asset classes and pricing contexts, building robust modelling practices from day one. This is a hands-on, high-impact role in a small team where you can contribute immediately and learn from experienced colleagues.

Responsibilities

• Define, implement, validate and manage credit risk models, methodologies, and procedures
• Produce regular credit risk measures (including exposures) and interpret results
• Analyze portfolio concentrations and monitor risk across the bank-wide credit portfolio
• Develop and maintain Monte Carlo-based risk frameworks and pricing/valuation workflows
• Collaborate with cross-functional teams to support risk decisions and reporting

Key requirements

• PhD in Maths or Stats from a top tier university (top 20 UK)
• Commercial experience in finance, in a risk environment
• Proficiency in C++, Matlab and SQL
• Knowledge of Hull and Black Scholes or Monte Carlo simulations
• Understanding of risk, stochastic calculus, and advanced statistics
• Strong modelling, analytical and quantitative skills

• strong problem-solving mindset
• ability to work in a fast-growing, high-pressure environment
• collaborative and knowledge-sharing attitude
• C++
• Matlab
• SQL

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