At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.

Within Market & Treasury Risk, Model Validation & Trade Approval - a major stakeholder in the New Product Approval (NPA) process for new trading products. The team is especially responsible for the validation and certification of the mathematical pricing models and provides trade approval for various (tailored) trading products.

YOUR CHALLENGE

• Perform independent validation of pricing and valuation models used across asset classes, including but not limited to equities and FX derivatives

• Involvement in New Product Approval process, serving as the gatekeeper for model risk, ensuring that pricing models are robust, well-understood

• Ensuring appropriate controls and oversight, with a thorough assessment of their conceptual soundness, implementation quality and compliance with the internal governance standards before a new product is cleared for launch

• Develop and implement independent reference pricing models as part of the validation process, using quantitative libraries

• Assess model performance, limitations and sensitivity to parameters through quantitative techniques

• Collaborate with front office quants, trading desks, risk managers and IT to understand business use, technical design and model limitations

YOUR PROFILE

• Advances degree (Master or PhD) in Quantitative Finance, Mathematics, Physics, Computer Science or a related quantitative discipline

• Knowledge of financial products and pricing models across multiple asset classes

• Strong programming knowledge, preferably Python and Java

• Familiarity with quantitative libraries and integration into trading systems is a plus

• Prior experience in model validation, quantitative research or model development is preferred

• A strong aptitude for analytical thinking and problem solving, with the ability to work collaboratively in highly technical teams, frequently interacting with quant developers, traders, IT and risk managers

• Business fluent in English is required

We are looking forward to receiving your full job application through our online application tool. Further interesting job opportunities can be found on our Career site .

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