Ir Quantitative Analyst

1 week ago


Dubai, Dubai, United Arab Emirates Taylor Root Global Legal Recruitment Full time
IR Quantitative Analyst

Location
Dubai
Contract Type
Permanent
Posted
Posted 5 hours ago
Salary
£ £121000 per annum
Expiry Date

Our Client an International Bank is looking for IR Quantitative Analyst, to work in Dubai, focusing primarily upon model development activities for interest rates models.


Specific responsibilities include:
Strategy

  • Working with traders, structurers and other modellers to execute product development plans in line with business priorities.
Business

  • Awareness of the economic, market and regulatory environment in which FM operates, especially as regards model and analytics capabilities.
Processes

  • Develop and maintain models for the pricing and risk management of interest rates products.
Delivery of model documentation and testing material.

Improving and maintaining existing analytics.


Research into alternative models and numerical techniques as well as ongoing assessment of models published in industry or academic literature.

Provide day-to-day support for relevant business units.

Internal and Regulatory compliance

  • Ensure models are developed and maintained inline with the applicable policies and standards.
Comply with the Operational Risk Framework.

Proactively support the implementation of the Group Model Risk policy.

Regulatory & Business Conduct

  • Display exemplary conduct and live by the Group's Values and Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank.

This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Role Specific Technical CompetenciesPast experience developing/validating financial markets inflation pricing/risk models in an international bank

Good knowledge of numerical methods, stochastic calculus, and probability theory

Good communication skills (verbal and written English)

C++ programming

Knowledge of financial market products, market conventions and regulatory requirements

Knowledge of functional programming (e.g Haskell) is a plus

CONSULTANT:

Parvyez Salam:

Director | Risk and Compliance

  • London, UK
**

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