Quantitative Analyst

JOB SUMMARY

The Quantitative Analyst will work in London, focusing primarily on model development activities within the Credit business for asset-backed (ABS) and mortgaged-backed securities (MBS) pricing models, as well as general credit pricing models.

RESPONSIBILITIES

1. Working with traders, sales, structurers and other modellers to execute product development plans in line with business priorities.
2. Awareness of the economic, market and regulatory environment in which FM operates, especially as regards model and analytics capabilities.
3. Develop and maintain models for the pricing and risk management of ABS and MBS derivatives products, as well as general Credit products.
4. Delivery of model documentation and testing material.
5. Improving and maintaining existing analytics.
6. Research into alternative models and numerical techniques as well as ongoing assessment of models published in industry or academic literature.
7. Provide day-to-day support for relevant business units.
8. Ensure models are developed and maintained in-line with the applicable policies and standards.
9. Comply with the Operational Risk Framework.
10. Proactively support the implementation of the Group Model Risk policy.

Our Ideal Candidate

1. Strong academic qualifications in a quantitative subject (e.g., Financial Mathematics, Mathematics, Physics, Computer Science, Engineering -Master’s or PhD).
2. Past experience developing/validating financial markets credit pricing/risk models in an international bank.
3. Good knowledge of numerical methods, stochastic calculus, and probability theory.
4. Good communication skills (verbal and written English).
5. C++ programming (essential).
6. Knowledge of financial market products, market conventions and regulatory requirements.
7. Knowledge of functional programming (e.g Haskell) is a plus.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together We

1. Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do.
2. Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well.
3. Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term.

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

1. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
2. Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
3. Flexible working options based around home and office locations, with flexible working patterns.
4. Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits.
5. A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
6. Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Profile Description

Standard Chartered Bank