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Financial Engineer/ Quantitative Analyst, Financial Risk Analytics

London, United Kingdom, £ £ - Annual Annual, Permanent

Description:

About Us

IHS Markit's Financial Risk Analytics (FRA) continues to innovate and deliver best in class risk analytics to its clients. Our solution suite is comprised of Traded Market Risk (including the Fundamental Review of the Trading Book), Buy Side Risk, Counterparty Credit Risk, Stress Testing, and derivative valuations adjustments (xVA) solutions. The solutions cover a broad range of asset classes including Equities, FX, Rates, Inflation, Fixed Income, Commodities, Credit and Structured Products. The suite of products and solutions enable our clients to effectively calculate, manage and hedge risks on their derivative portfolios. FRA sits within Financial Services division of IHS Markit.

We are looking for a Financial Engineer/Quantitative Analyst to join our Financial Engineering team. The team is responsible for building and supporting our financial risk analytics library for all client use cases.

Your Role

You will be part of the Financial Engineering team in London. Working alongside other Financial Engineers, software developers and product experts you will be responsible for adding risk analytic capabilities to our solution suite. Specifically, you will work on the enhancing the Buy Risk solution in terms of product coverage, risk measures and any specific buy side regulatory requirements. Additionally, the team is responsible in supporting existing clients and showcasing modelling capabilities in our products to new prospects.

Key responsibilities include:

  • Develop, test, validate and maintain analytics library with respect to: Structured products pricing models viz. MBS, ABS etc., Derivative and Fixed Income pricing models, and Market Risk Models viz. MC and Historical VaR, Expected shortfall
  • Integrate and work on external pricing libraries like Intex and AD&Co
  • Work with senior stakeholders to crystallise product ideas into production code.
  • Quickly iterate over ideas for internal and external proof of concepts.
  • Interact with clients to explain the analytics library and modelling decisions.
  • Work with Product Management and Engineering teams to handle workflows of Buy side risk solution viz (Pricing and sensitivities, Stress testing, Back testing, PLA, Regulatory reports)
  • Analyse current industry practices and regulatory updates and its impact on client use cases.
  • Document pricing and risk models for internal and external audience.
  • Support professional services with specific client queries.


About You

You are a highly motived individual who loves working on analytical problems. You have experience with working on structured products pricing like RMBS, MBS, ABS etc. You will be well versed in financial derivatives and Fixed Income products. You have worked on third party libraries like Intex and AD&Co. You should be good with a programming language eg. Python and are willing work in other languages which are used in the solution stack. You will be interacting with other teams and with clients as well, hence good written and oral communication is essential for this role. You should be able to articulate complex ideas effectively to internal and external audience.

Key Qualifications and Skills:
  • Numerate degree in a quantitative field.
  • Minimum 5-6 years' experience as a FE / Quant Analyst at buy side firm, Investment Bank or other risk analytics company
  • Proficient programming skills in at least one language.
  • Experience with third party libraries like Index and AD&Co
  • Experience in financial derivatives, financial risk management
  • Knowledge of development processes and version control system e.g. Git.
  • Effective written and oral communication skills with the ability to interact with multiple teams internally


Good to have:
  • Familiarity of Scala, Spark
  • Familiarity with XVA, Counterparty credit risk modelling.
Inclusion and diversity are critical to the success of IHS Markit, and we actively encourage applications from people of all backgrounds. We are committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, status as a protected veteran, or any other protected category. For more information on the many ways in which we enthusiastically support inclusion and diversity efforts for both candidates and employees, please access our Inclusion & Diversity Statement here .

We are proud to provide reasonable accommodations to applicants with disabilities. If you are interested in applying for employment with IHS Markit and need special assistance or an accommodation to use our website or to apply for a position, please contact or call +1 . Determination on requests for reasonable accommodation are considered on a case-by-case basis. This contact information (email and phone) is intended for application assistance and accommodation requests only. We are unable to accept resumes or provide information about application status through the phone number or email address above. Resumes are only accepted through the online application process, and only qualified candidates will receive consideration and follow-up.

IHS Markit maintains a substance-free workplace; employees may be asked to submit to a drug test (where permitted by law). In addition, in order to comply with applicable federal, state, and local vaccine mandates (including those in place for US federal contractors), US employees may be required to provide proof of being fully vaccinated, unless they have been approved for an accommodation due to a medical reason, a sincerely held religious belief or another legally protected reason. T he company also participates in the E-Verify Program to confirm eligibility to work in the US.

For information please click on the following links:

IHS Markit Business Code of Conduct
Right to Work
EEO is the Law
EEO is the Law Supplement
Pay Transparency Current Colleagues

If you are currently employed by IHS Markit, please apply internally via the Workday internal careers site.

Job Details

1586526413
Full Time
London, United Kingdom
Permanent
£ £ - Annual Annual