Market Risk Quant - LevelUp

We are partnering with a leading global investment banking platform seeking an experienced Market Risk Quant to join its Fixed Income and Risk Management team. This is a highly visible role focused on traded credit products, including bonds, CDS/CDX, and structured credit instruments such as Credit Linked Notes (CLNs). The successful candidate will play a key role in developing pricing and risk analytics capabilities while supporting the continued growth of a highly successful and expanding fixed income franchise. The position offers the opportunity to work at the intersection of quantitative research, trading, risk management, and technology, contributing directly to front-office and risk decision-making. Key ResponsibilitiesQuantitative Analytics Development • Contribute to the design, development, and enhancement of an in-house bond analytics platform. • Develop and implement pricing models, yield curve construction methodologies, and credit spread models. • Build scalable quantitative solutions to support trading and risk management activities. Fixed Income & Credit Risk Support • Provide quantitative expertise to Fixed Income trading desks and Market Risk teams. • Support a broad range of traded credit products including: • Corporate and government bonds • Credit Default Swaps (CDS/CDX) • Structured credit products • Credit Linked Notes (CLNs) Risk Modelling • Develop and enhance risk measurement methodologies, including: • Interest Rate and Credit Spread Sensitivities • Value at Risk (VaR) • Stress Testing Frameworks • Scenario Analysis • Ensure models are robust, scalable, and suitable for production environments. Model Governance & Validation • Oversee the development, implementation, and ongoing enhancement of pricing and risk models. • Support model validation processes and ensure adherence to regulatory and internal governance standards. Stakeholder Engagement • Partner closely with Trading, Risk, Technology, and Quantitative teams to deliver strategic analytics solutions. • Translate complex quantitative concepts into actionable insights for business stakeholders. Leadership & Mentorship • Provide guidance and mentorship to junior quantitative analysts and developers. • Foster a culture of technical excellence, collaboration, and innovation. Industry & Technology Development • Monitor market developments, regulatory changes, and emerging technologies. • Contribute to the adoption of modern analytics infrastructure and cloud-based solutions where appropriate. Candidate ProfileExperience • 8+ years of experience within: • Market Risk Quantitative Analytics • Quantitative Research • Fixed Income Analytics • Credit Risk Modelling • Financial Engineering Product Knowledge Demonstrated expertise across: • Fixed Income products • Bonds and credit markets • Credit Default Swaps (CDS/CDX) • Structured credit products • Credit Linked Notes (CLNs) Technical Skills • Advanced Python programming skills. • Strong quantitative and statistical modelling expertise. • Experience developing and implementing production-grade pricing and risk models. • Exposure to cloud technologies such as AWS or Azure is advantageous. Education • Advanced degree (Master's or PhD preferred) in a quantitative discipline such as: • Mathematics • Finance • Engineering • Physics • Statistics • Computer Science Personal Attributes • Strong analytical and problem-solving abilities. • Excellent communication and stakeholder management skills. • Proven leadership and mentoring experience. • Ability to thrive in a fast-paced, highly collaborative environment. Why Apply? • Join a growing fixed income and credit business with significant investment in analytics and technology. • Work on complex quantitative challenges across pricing, trading, and risk management. • Gain exposure to senior stakeholders across Front Office and Risk. • Play a key role in shaping the next generation of fixed income analytics capabilities. • Opportunity to influence strategic initiatives and mentor the next generation of quantitative talent. If you are a hands-on quantitative professional with deep expertise in fixed income and credit products, and are looking to make a meaningful impact within a high-performing environment, we would love to hear from you.