Quantitative Risk Analyst | London My client is a Risk Management firm based in London and they are on the market looking for a Quantitive Risk Analyst help researching, documenting and implementing a CDS model. Role: Research and produce documentation of a CDS model for initial margin and its components (VaR, Default risk, Liquidation risk) which yields comparable margin coverage as an existing model Implement the CDS margin model in an existing GPU framework, making it render margin calculations with the same performance as existing margin calculations relative to model complexity Ensure plan for deployment, testing and continuous improvement of the model and its input parameters and market data. Setup empirical tests to ensure continuous comparable results as an existing model Present results to Management and relevant teams Skills: MBA/MS or PhD in Finance, Economics, or a quantitative field and possesses strong quantitative, analytical and problem-solving skills Strong knowledge of pricing Credit derivatives and performing advanced statistical analysis on underlying risk factors of CDS instruments Preference will be given to candidates who can demonstrate experience with developing CDS initial margin models or have strong knowledge of the inner working of such models (VaR of CDS instruments, Default risk, Liquidation risk) Experience with the programming language C++ is also required and preference will be given to candidates with experience with programming against a GPU architecture The candidate should also have had academic experience in probability theory, stochastic processes, and have experience providing theoretical justifications of Risk Models they have developed The successful candidate must also possess strong oral and written communication skills