The Senior Manager, Model Risk Specialist is a senior role in the European FTSE Russell Index Research & Design team within the FTSE Russell Equity vertical of the London Stock Exchange Group (LSEG). The role is based in London and reports to the Head of the IR&D team and is for a fixed term of 18 months.
As a team, we are responsible for the design and evolution of equity indices, signals, portfolio construction methodologies, index related and wider investment related research topics. The team works closely with both internal front and back office functions and FTSE Russell’s partners and key clients, including major asset owners, fund managers and investment banks in the creation of innovative products and supporting research. This involves the use of fundamental and quantitative techniques to craft equity index solutions and analysis. The team is global, with members in London, New York, Hong Kong, Paris, Shanghai and Taipei.
This particular role will focus on the validation and documentation of the existing and new models used at all stages of the index creation process; working with Research Analysts in the research team as well as with the LSEG wide Model Risk team leading all aspects of the project, including recommending enhancements. The ideal candidate is passionate about detailed investigation of model behaviour, examining and identifying edge cases, preparing methodology documentation and its submission for validation by Model Risk.
Role Responsibilities
- Working closely with the team to understand and document existing models
- Identify edge cases and document model feasibility regions
- Lead the investigation on model enhancements and improvement of their robustness
- Drive process change to achieve improvements in operational risk across the division
- Generate ideas and drive the research agenda globally, including innovative research and present at client meetings and conferences
- Chip in individually and, as a senior member of the team, lead the team effort to achieving our goals
Role requirements
- Postgraduate degree or equivalent experience in a quantitative subject
- Experience in Quantitative Finance, in particular Equities; theoretical and practical knowledge of factor investment and risk modelling, portfolio analytics, familiarity with programming – Python, Matlab and SQL
- Experience in technical writing
Additional Advantageous Experience
- Model Risk – documentation and validation methodology
- Signal and portfolio research
- Statistical data analysis
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.
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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. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the just transition to net zero, enabling growth of the green economy and creating inclusive economic opportunity.
LSEG offers a range of tailored benefits and support, including healthcare, retirement planning, paid volunteering days and wellbeing initiatives.
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