Quant Developer to Financial Risks

The Job

The Bank’s Group Risk & Capital Management unit is in the process of strengthening its Financial Risks team to cater for the increasing demands within the area of Market, Counterparty/Credit, Model and Valuation Risk in light of the on-going development of Saxo Bank´s activities.

Located at our Headquarters in Hellerup (DK), you will mainly be responsible for creating a bridge between the Financial Risks teams modelling efforts, Front Office Quants and various IT groups in order to facilitate the alignment of models in production, an initiative linked to a bank wide ambition for automation and algorithmization.

You will be working very closely with a team of specialists, responsible for managing the Bank’s market, credit client risks, model and valuation risk.

The Financial Risks unit covers among others quantification, monitoring, advising and reporting of the Bank’s market, credit,  client and model risk globally as well as modelling of risks associated with the banks margin trading business. As a member of the team you will participate in the on-going development of the area, with a clear focus on coherent industrialized implementation of models. 

Your profile

As a person you are methodical and detail oriented and you take pride in delivering high quality work in everything you set yourself to. You are both talented and ambitious and thrive in finding value adding and automated, well structured/designed and reusable solutions. You have the skills to create relations and work together with stakeholders across the global organisation. You have 5-7 years of practical experience working within quantitative areas of e.g. model development/validation, market risk in a financial organization or a software provider for financial institution etc. Further we are looking for a candidate with the following qualifications:

  • Proficiency in C/C++, C#, Python, SQL/VBA
  • Strong computational and analytical skills supplemented with a Master’s degree or PhD e.g. computer science, software engineering, engineering, physics, finance etc.
  • Experience with integrating models into a production environment
  • Flair and interest working with (financial) modelling and numerical algorithms
  • Experience with data bases
  • Be a team-player
  • International experience will be a benefit

We Offer

A chance to join a dynamic growth oriented and achievement based culture as well as an opportunity to be part of a very ambitious team, at the same time, enjoy an informal and pleasant working environment. An opportunity to work with risk management of financial products and the associated risks.

Contact person: Carsten Feldt, Head of Financial Risks (+ 45 53 54 37 13) or Uwe Heissner, Valuation and Model Control (+ 45 39 77 42 18)

Expected Start Date:
Soonest possible
Location:
Copenhagen
Job type:
Permanent
Working hours:
Full-time
Working days:
Day
Contact person:
Carsten Feldt
Tel: +45 3977 4358
Company homepage:
http://www.saxobank.com