Risk Trading Quants

**Risk Trading Quant**:
**Wholesale **Banking - Brussels**:
**Technical data function****:
**Brussels**

**Possibility of 50% work from home on the basis of team agreement**

**Model Developer - II to IV**

**Work Schedule: 100%**
**Sensitive Function: yes**
**PCP Function: Certificate Law Cauwenberghs/ Law Willems/ Law Vande Lanotte: No**
**Representation costs: No**

**Your role & work environment****:
You will join an energetic international team of highly qualified professionals whose purpose is to develop risk models. Our area of expertise is Trading pricing models, Market risk and Counterparty credit risk in the Trading book.

The Risk Trading Quants are part of the Integrated Risk Model Development department, which comprises of a large team of modelling experts: Trading Risk, Credit Risk and Market Risk in IRRBB and Balance Sheet Risk models, with state-of-the-art modelling methods, tooling, and data-processing technologies.

**Your key responsibilities**:
**Develop risk models**

The scope of development activities is quite varied, including:

- Develop the calculation methodologies for valuation adjustment models that account for the model risk uncertainty or concentration, among others;
- Develop Trading Risk methodologies, such as Incremental Risk Charge (IRC/DRC), VaR scenarios specifications, Risk not in model (e.g., for IRC and VaR models), Stress test, market data proxy models;
- Develop Counterparty Credit risk models;

***Design model monitoring methodologies**

**Provide quantitative support**
- Perform production system implementation checks by comparing to your own benchmark implementation;
- Provide quantitative support to risk managers and traders (in the risk modelling context), to the integration of the new products/pricing models in the existing risk frameworks, development of tools to provide insight into model choices, analysis of the methodologies used for P&L explainer or market data proxies.

**We look for****:
A colleague with a** talent for taking it on and making it** **happen, **enthusiasm for** helping others to be successful **and a knack for always **being a step ahead**. In other words, you strive to bring fresh ideas to life and embrace challenges in a fast changing and complex environment. You are a naturally collaborative person who listens and invests in others to achieve common goals. You love to challenge the status quo and are eager to propose creative solutions to problems.

As a Risk Trading Quant you will also need:

- A PhD or a MSc in a quantitative field, e.g., mathematics, physics, statistics/ econometrics etc;
- 3 to 7 years of Quant experience in the following areas:

- Market Risk models and/or Counterparty Credit Risk models and the implementation of such models in Python or C++;
- Derivatives pricing in at least on of the following asset classes: Interest Rate & Inflation, FX, Credit, Equity, Commodities and/or XVA, including model implementation in Python or C++;
- Familiarity with the most important regulatory developments (e.g. CRR Market Risk framework for the Trading Book, FRTB, Prudent Valuation framework, etc);
- Strong communication skills and fluency in English; and
- Constructive attitude and pro-active team player.

**We offer you****:
**A clear purpose, a unique offer and a range of flexible compensation and other benefits**:

- Personal growth & challenging work with endless opportunities to realise your ambitions
- An informal, dynamic environment with innovative colleagues supporting your endeavors’
- A progressive and agile way of working, where new ideas are valued ahead of convention

**A hybrid way of working**
- We give the autonomy to our employees to let them organize their work in a flexible way that suits best for them while ensuring business continuity, customer service and employee wellbeing.

**Furthermore, within the Integrated Risk department, you can count on a range of opportunities to invest in your personal and professional growth by** broadening your modelling and coding skills, as well as exposure to a dynamic and international working environment.

**We redefine banking. What about you?**

We’re on a journey that’s centred around our customers, powered by technology and driven by smart, determined people. Our customers feel our people are empowering them to stay a step ahead in life and in business. We’re proud of that