Quantitative Risk Manager

Part of the London Stock Exchange Group (LSEG), LCH is a leading clearing house, serving major international exchanges and platforms, as well as a range of OTC markets. In particular, LCH is a leading CCP in Equity and Repurchase agreement (Repo) businesses, providing clearing services for most European Government debts (refinancing/repo transactions) and Equities trading venues (Exchanges and MTFs).

LCH works closely with market participants to identify and develop innovative clearing solutions.

The role sits within the Repo Clear, Equity Clear and Collateral and Liquidity (CALM) In-Business Risk Team. This is a first line risk role within the business risk team. The Business Quant Risk team is accountable for:

• Ownership of the Margin models for all three businesses
• Risk Governance Presentation through both internal and external risk governance
• Regulatory liaison covering all model change
• Implementing margin algorithms (Pricing models, risk models and parameter calibration)
• Implementing software applications for Risk IT systems
• Designing and Building Risk IT systems
• consistent with EMIR regulation and LCH internal policies
• Writing Business requirement for IT teams
• Developing and implementing quantitative solutions
• Prototyping and testing (UAT)

• Implementation of Market Data and Risk related projects
• Prototyping and developing front-end risk IT tools addressing various types of risk and financial products
• Analysis and implementation of performance improvements to the existing Risk (VaR) models across different products
• Maintenance and support of the existing risk libraries and risk simulators
• Project work and SME input and implementation of Market Data and Risk related change/projects – Significant involvement is required for any development relating to instrument data or validation changes.
• Analysis of the clearing data to look for trends and new business opportunities for LCH.
• Validation/Analysis/Development of the compression and netting algorithms
• Maintenance and support of the existing risk libraries and risk simulators

• Degree level education.
• 5+ years of experience in Quant Risk Management in the Finance industry
• Strong programming skills (Java, R, Python)
• Sound conceptual / technical knowledge of modern IT infrastructure stack
• Autonomy, problem solving skills
• Effective communication skills (written and oral).
• Ability to work with team delivery environment.

Manager

We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs.

LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.