Part of the London Stock Exchange Group (LSEG), LCH is a leading clearing house, serving major international exchanges and platforms, as well as a range of OTC markets. In particular, LCH is a leading CCP in Equity and Repurchase agreement (Repo) businesses, providing clearing services for most European Government debts (refinancing/repo transactions) and Equities trading venues (Exchanges and MTFs).
LCH works closely with market participants to identify and develop innovative clearing solutions.
The role sits within the RepoClear, EquityClear and Collateral and Liquidity (CALM) In-Business Risk Team. This is a first line risk role within the business risk team. The Business Quant Risk team is accountable for:
Ownership of the Margin models for all three businesses
Risk Governance Presentation through both internal and external risk governance
Regulatory liaison covering all model change
Implementing margin algorithms (Pricing models, risk models and parameter calibration)
Implementing software applications for Risk IT systems
Designing and Building Risk IT systems
consistent with EMIR regulation and LCH internal policies
Writing Business requirement for IT teams
Developing and implementing quantitative solutions
Prototyping and testing (UAT)
Implementation of Market Data and Risk related projects
Prototyping and developing front-end risk IT tools addressing various types of risk and financial products
Analysis and implementation of performance improvements to the existing Risk (VaR) models across different products
Maintenance and support of the existing risk libraries and risk simulators
Project work and SME input and implementation of Market Data and Risk related change/projects – Significant involvement is required for any development relating to instrument data or validation changes.
Analysis of the clearing data to look for trends and new business opportunities for LCH.
Validation/Analysis/Development of the compression and netting algorithms
Maintenance and support of the existing risk libraries and risk simulators
Experience and skills required:
Degree level education.
5+ years of experience in Quant Risk Management in the Finance industry
Strong programming skills (Java, R, Python)
Sound conceptual / technical knowledge of modern IT infrastructure stack
Autonomy, problem solving skills
Effective communication skills (written and oral).
Ability to work with team delivery environment.
Career Stage:
Manager
London Stock Exchange Group (LSEG) Information:
Join us and be part of a team that values innovation, quality, and continuous improvement. If you're ready to take your career to the next level and make a significant impact, we'd love to hear from you.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce.
We are proud to be an equal opportunities employer. This means that we do not discriminate on the basis of anyone’s race, religion, colour, national origin, gender, sexual orientation, gender identity, gender expression, age, marital status, veteran status, pregnancy or disability, or any other basis protected under applicable law. Conforming with applicable law, we can reasonably accommodate applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs.
You will be part of a collaborative and creative culture where we encourage new ideas. We are committed to sustainability across our global business and we are proud to partner with our customers to help them meet their sustainability objectives. Our charity, the LSEG Foundation provides charitable grants to community groups that help people access economic opportunities and build a secure future with financial independence. Colleagues can get involved through fundraising and volunteering.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
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LSEG (London Stock Exchange Group) is a diversified international markets infrastructure business —earning our clients’ trust for over 300 years. That legacy of customer-focused excellence ensures that you can rely on our expertise in capital formation, intellectual property and risk and balance sheet management.
As global leaders in financial indexing, benchmarking and analytic services, we offer unrivalled access to international capital markets. Our high-performance technology solutions enable companies worldwide to access funds for growth and development. And with our Data & Analytics, Capital Markets and Post Trade divisions, we provide a comprehensive, integrated suite of trusted financial market infrastructure services that help our customers pursue—and achieve—their ambitions.
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