Senior Risk Manager

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.

As part of the RepoClear, EquityClear and CALM Business lines, the Risk Quant and Change team is accountable for:

• Defining margin algorithms (Pricing models, risk models and parameter calibration) in a standard consistent with EMIR regulation and LCH internal policies
• Getting approvals from a variety of internal/external partners for new products/models
• Writing Business requirement for IT teams
• Developing and implementing quantitative solutions 
• Prototyping and testing (UAT)
• Setting documentation standards and frameworks for the FLR team covering procedure, methodology, regulatory and risk governance documentation

A sound and efficient margin algorithm is crucial in both meeting the risk standards of the company and making the service appealing from a trading perspective.

The department is looking to redesign its risk models in partnership with other services (RCL SA for repos), enhance the product offering and strengthen its operational excellence through a solid documentation control process.

We are seeking for Senior manager to join our London team. The candidate will lead commercial initiatives and tackle them through risk governance, present to the relevant regulators, provide subject matter expertise in project implementation, assist with the design of new risk methodologies and maintain a high standard of documentation and operational process.

Senior Quantitative Risk Manager Role:

• Lead the development and execution of commercial initiatives and getting approval from a variety of internal and external stakeholders.
• Collaborate with product team to identify new business opportunities and act as the risk expert. 
• Prototyping pricing and margin algorithms addressing various types of risk and financial products.
• Collaborate with risk teams to evaluate, review and improve exitsting models, incorporating market trends and internal needs.
• Provide guidance on risk models usage and act as a key of contact for the business on all queries regarding the understanding of the methodologies.
• Ensure all processes and methodologies are thoroughly documented, maintained and updated to reflect best practices.
• Oversee the quality of all documentation related to projects and risk management processes ensuring consistency, clarity and compliance with internal standards.
• Review and ensure the accuracy and the quality of FLR documents providing feedback and revisions when necessary.
•  Act as the primary liaison between Paris and London teams, ensuring smooth communication and alignment in key objectives.
• Mentor junior members of the team.
• The role reports directly into the head of RepoClear, EquityClear and CALM Risk Quant and Change team head. 

• Degree or equivalent finance/quantitative finance, mathematics, computer science-related disciplines, preferably a Masters’ degree or PHD or equivalent experience,
• Computational skills (SQL, R, Python, VBA) and good numerical competency.
• 10+ years experience in a quantitative or risk role
• Excellent analytical and problem-solving skills
• Solid critical thinking
• Strong communication skills (written and oral) with the ability to articulate complex concepts through concise and clear information
• Excellent interpersonal skills
• Hard-working and able to work both independently and collaboratively as a part of a global team
• Highly organized, detail oriented and have effective time management.
• Cross-organisation collaboration skills required.
• Highly motivated with commitment to excellence

LSEG’s vision is to be the most trusted expert in global financial markets.  This is achieved through leading the world in providing access to capital, helping customers optimise capital resources and promoting trusted and transparent environments and services for investment.

LSEG is a diversified international exchange Group that sits at the heart of the world's financial community.  The Group operates through four key business divisions: Capital Markets (broad range of international equity, bond and derivatives markets); Post Trade (post trade and risk management services); Global Technology Services (high performance trading platforms and capital markets software); and Information Services (real-time and reference data products).

LSEG prides itself on operating a neutral, trusted, well-regulated and systemically important market infrastructure and does this within a fast paced, real-time and highly regulated environment.  The Group is accountable to its shareholders, clients, regulators and the societies in which it operates and the Group Values and Behaviours underpin how the Group meets those accountabilities.  

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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