Consultant, Quantitative Model Developer - Financial Risk Team

Join us in applying advanced quantitative methods to the area of financial risk.  We keep up with the latest technologies, approaches and hot topics. Our clients are mainly banks, insurance companies and funds, both in the Czech Republic and abroad. As our new colleague, you will support us in quantitative projects (typically model development or validation) in the areas of either Credit or Market Risk. We also support our clients with the implementation of the latest approaches (FRTB, SA-CCR, IRB), methodologies and regulations.

Your role

Your role would be to participate in our projects related to quantitative risk management for top tier-I global clients and local regional clients. The specific project role would be agreed based on your experience and your skill sets.

On the  Credit Risk  side, we are involved for example in IRB modelling, implementation of new regulatory aspects, IFRS 9 models. We also extend models and processes to capture new types of risk like the Environmental, Social and Governance Risk or industry-specific ones.

On the  Market Risk  side, the projects involve the fundamental review of the trading book (FRTB) initiatives, counterparty credit risk projects, validation initiatives of front-office pricing models and other related topics.

What is important for us

• Experience in the area of quantitative financial risk management  – either from your studies or practical work experience
• Knowledge or interest in at least one of the topics  relevant for our current projects. Moreover, we seek the willingness to better understand / master the topics
• A university degree  focused on mathematics (ideally in the realm of Quantitative Finance, Statistics or Applied Stochastic Analysis), data analytics or econometrics
• Perfect knowledge of English , Czech / Slovak might be useful, but not necessary
• Practical experience with at least one of the following  (experience from school projects is enough) : R (, Shiny),Python (, Pandas / NumPy / Scikit learn), exposure to Jupyter notebooks, Object oriented programming or SQL

What we offer

We offer starting salary based on your level of experience, plus three times per year there is a bonus, if everything goes well. Additionally, we provide quite a range of benefits :