Job Title

Main Purpose and Accountability of the RoleAs a Quantitative Analyst within Markets Engineering EMEA, you will support remediation of model risk management gaps with respect to PRA SS1/23, focusing on valuation models used across trading and middle office. You will produce regulator-grade documentation, perform testing and analysis of model performance, support issue remediation, and partner closely with independent model validators.Key ResponsibilitiesYou will be accountable and responsible for taking appropriate action with respect to model risk and valuation models, including:Contribute to remediation planning to close gaps versus PRA SS1/23 and internal Model Risk Policy.Identify model assumptions, limitations and usage constraints, and; quantify impacts and propose mitigations/remediations.Maintain complete, regulator-ready documentation: purpose, methodology, mathematical specification, input data, implementation, usage, assumptions and limitations, safe operating boundary.Conduct work in line with internal policies and procedures, and applicable regulatory requirements (e.g., PRA SS1/23; awareness of SR 11-7 concepts).Analyze pricing model outputs across asset classes (Rates, Equities, XVA) including P&L attribution, sensitivities, and stress behavior.Design, implement, and execute test plans; interpret results and present clear, concise findings with evidence packs for model validation.Develop reproducible scripts/notebooks to automate testing and analysis.Collaborate effectively with independent model validators to address findings, and close issues on time.Communicate complex quantitative concepts to diverse audiences in a clear, business-oriented manner.Duties may evolve; the role holder will perform other tasks consistent with the scope and purpose of the role as requested by their manager.Essential RequirementsExperience working in a financial institution within quantitative analytics, model risk, valuation control, or front-office quant teams.Hands-on exposure to derivatives pricing models.Experience producing regulator-grade model documentation and evidence suitable for independent model validation.Proven ability to deliver model testing (benchmarking, sensitivity analysis, calibration testing, convergence testing), interpret results, and drive remediation.Proven experience with model development, testing, or validation to meet regulatory requirements (SS1/23-aligned).Expertise in valuation techniques for derivatives across one or more asset classes (Rates, FX, Credit, Equities, Commodities, XVA).Ability to generate clear, concise, and comprehensive documentation.Degree in a quantitative discipline (Mathematics, Statistics, Physics, Engineering, Computer Science) or equivalent experience preferred.Personal RequirementsExcellent written and verbal communication skills in English (Japanese/French is a bonus).Structured, logical, and detail-oriented with high standards for accuracy.Collaborative and confident in engaging diverse stakeholders and resolving challenges constructively.WHO WE AREQuanteam Group is a Consulting firm specialized in the Capital Markets industry, in Paris, London, Krakow, Brussels, New York, Bangalore and North Africa.Since 2007, our 800 consultants provide major clients (Corporate & Investment Banks, Asset Managers, Hedge Funds, Brokers and Insurance Companies) with expertise in several projects such as Financial Engineering, Quantitative Research, Regulatory Implementation, IT Transformation & Innovation.The firm mainly takes part in:Business consulting: Quantitative research, Risk management (e.g. Market risk, credit risk, counterparty risk), Banking regulations (e.g. Basel III, Solvency II, FATCA, EMIR, MiFID), Pricing & Valuation, Organizational Transformation & Process Improvement.IT & Information systems consulting: Business Analysis, Project Management, Change management, Front Office Support (functional and technical), Development (e.g C++, Python, C#, Java, VBA), Financial Software (e.g. Sophis, Murex, Summit, Calypso), IT Transformation & Innovation.