Role Overview
The Analyst will support the implementation and maintenance of the model risk framework, with a particular focus on algorithmic models. The role will involve assisting in the monitoring and review of model performance and contributing to broader Market, Credit, and Liquidity risk activities within FRM.
Role Responsibilities
Framework Support
1. Assist in maintaining documentation and inventories related to TP ICAP’s algorithmic trading systems, including third-party vendor models
2. Help ensure policies and procedures are aligned with regulatory requirements and industry best practices
3. Collaborate with model developers, quantitative analysts, and IT teams to support the integration of risk management practices throughout the model lifecycle
Model Review Assistance
4. Support the review and validation of model development, implementation, and usage
5. Contribute to the evaluation of model assumptions and methodologies under supervision
6. Assist in coordinating internal and external validation processes
Oversight & Engagement
7. Help monitor the performance of algorithmic trading systems and the effectiveness of associated controls
8. Assist in drafting reports and presentations for senior stakeholders and regulators
9. Participate in training sessions and workshops to build awareness of model risk and promote a risk-conscious culture
Experience / Competences
Essential
10. A bachelor’s degree in a relevant subject (e.g., Finance, Economics, Mathematics, Computer Science)
11. Some experience or academic exposure to financial modelling, data analysis, or risk management
12. Interest in algorithmic trading and financial systems
13. Basic knowledge of programming or data tools (e.g., Python, R, SQL)
14. Strong attention to detail and willingness to learn
15. Good communication skills, both written and verbal
Desired
16. A master’s degree or relevant professional certification (e.g., FRM, CFA)
17. Experience with electronic trading platforms such as Trading Technologies, Fidessa, or equivalent
Job Band & Level: Professional / 4
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