Senior Manager – Counterparty Credit Risk & XVA
London, England, United Kingdom Other Posted 1 hour ago
Your role
As a Senior Manager in Counterparty Credit Risk (CCR) and XVA at Zanders, you will join our global Financial Institutions team in London. Your remit is to lead quantitative traded risk engagements across CCR, XVA and the high-performance computing (HPC) that underpins them, working in multidisciplinary teams to solve complex problems and deliver models clients can implement.
On projects, you will work alongside our international group of 100+ Financial Institutions consultants to design, develop, implement, test and validate models across the trading book spectrum: market risk, CCR, CVA and wider XVA, initial- and variation-margin models, and derivatives pricing.
You will also help grow the business, contributing to sales in the CCR, XVA and HPC space. You can build on your existing UK network and expand it over time.
As a Senior Manager you act as a career coach, responsible for the development of up to three direct reports, supporting them on project work and across their broader career journey.
Your influence will be substantial. You will carry a markedly higher level of responsibility than is typical in other consulting firms, and will help drive the business forward from day one.
Skills To Be Successful
We are a global financial consulting firm focused on Treasury, Risk and Technology. From our HQ in the Netherlands, we have been expanding our presence in Europe, UK, USA, and Asia. For 30 years we have been providing innovative solutions embracing the latest technological advancements to multinational corporations, financial institutions, public sector entities and NGOs. We go beyond conventional boundaries, delving into new market segments to uncover untapped opportunities. As pioneers in Environmental, Social, and Governance (ESG) principles and practices, we support our clients to achieve their ESG goals.
At Zanders we invest in our people for an inclusive atmosphere, where freedom, fun, and collaboration are pivotal and set us apart, defining our success. We believe that diversity, equity, and inclusion (DE&I) are essential to establish a strong and sustainable business, fostering a culture that values and respects diversity in all forms. Zanders is not just a workplace – it is a supportive community.
We invite those who share our passion for collaboration, growth, and positive impact to join us on this journey. If you're in search of a workplace which nurtures personal and professional development, Zanders is the perfect fit for you.
Join us as we continue to shape the future of consultancy, making a meaningful impact in the world of Treasury, Risk, and Technology!
By applying for a role at Zanders, you give us approval to use and retain your personal details. Considering Zanders’ nature of enterprise, you are expected to behave to a high moral standard. A Pre-Employment Screening (PES) by a third party is part of the application process.
As a Senior Manager in Counterparty Credit Risk (CCR) and XVA at Zanders, you will join our global Financial Institutions team in London. Your remit is to lead quantitative traded risk engagements across CCR, XVA and the high-performance computing (HPC) that underpins them, working in multidisciplinary teams to solve complex problems and deliver models clients can implement.
On projects, you will work alongside our international group of 100+ Financial Institutions consultants to design, develop, implement, test and validate models across the trading book spectrum: market risk, CCR, CVA and wider XVA, initial- and variation-margin models, and derivatives pricing.
You will also help grow the business, contributing to sales in the CCR, XVA and HPC space. You can build on your existing UK network and expand it over time.
As a Senior Manager you act as a career coach, responsible for the development of up to three direct reports, supporting them on project work and across their broader career journey.
Your influence will be substantial. You will carry a markedly higher level of responsibility than is typical in other consulting firms, and will help drive the business forward from day one.
Skills To Be Successful
- 8–10 years in CCR and XVA model development and analytics, ideally including consultancy, with a track record of leading teams, complex projects and non-trivial systems end to end.
- Master’s or PhD degree in mathematics, physics, statistics, econometrics, computer science, engineering, or related quantitative field.
- A strong interest in the quantification of CCR, XVA and the HPC methods that support them, together with a working understanding of the relevant regulatory frameworks: SA-CCR and IMM for exposure, the CVA capital framework (BA-CVA / SA-CVA), and margin standards (UMR / SIMM).
- Up-to-date knowledge of industry and regulatory developments across traded risk topics: market risk, CCR, XVA, margin models and derivatives pricing.
- Strong proficiency in modern C++ (STL, templates, RAII, unit testing, build systems); Python and/or Java a plus.
- Strong working knowledge of Linux as a development and deployment platform (shell, toolchains, profiling, resource/performance diagnostics).
- Solid understanding of derivatives pricing across asset classes (rates, FX, credit, equity) and the underlying numerical methods (Monte Carlo, PDE/finite-difference).
- Experience with market and CCR (e.g. xVA, sensitivities/Greeks, VaR/expected shortfall).
- Experience with open-source quant tooling (Strata, QuantLib, ORE) is an advantage.
- Hands-on HPC experience:
- Parallel/concurrent programming (multithreading, multiprocessing, synchronization, concurrent data structures).
- GPU compute with CUDA, including GPU architecture (memory hierarchy, warps, occupancy, host–device transfers); ROCm/HIP a plus.
- Writing and optimizing compute kernels: profiling (e.g. Nsight/NCompute), memory-access optimization, throughput/latency tuning.
- Scaling workloads across clusters (e.g. MPI, Slurm).
- Ability to translate mathematical and financial concepts into efficient, production-grade code.
- Fluent spoken and written English, strong communication skills and a growth mindset.
- A hybrid work environment, that promotes a healthy work-life balance,
- Participation in the Zanders bonus scheme,
- Secure your future with a pension scheme,
- 28 paid holiday days,
- A laptop and an iPhone,
- An entrepreneurial culture that values personal development, with ample room for initiatives,
- Expertise in your chosen field, building skills rapidly alongside diverse clients and consultants,
- A truly collegiate environment with enthusiastic and helpful colleagues, fostering career excellence in Treasury, Risk or Technology,
- An international and fun working environment, Cultural night events, annual Zanders's trip to a (surprise) location in Europe and many more exciting experiences to come!
We are a global financial consulting firm focused on Treasury, Risk and Technology. From our HQ in the Netherlands, we have been expanding our presence in Europe, UK, USA, and Asia. For 30 years we have been providing innovative solutions embracing the latest technological advancements to multinational corporations, financial institutions, public sector entities and NGOs. We go beyond conventional boundaries, delving into new market segments to uncover untapped opportunities. As pioneers in Environmental, Social, and Governance (ESG) principles and practices, we support our clients to achieve their ESG goals.
At Zanders we invest in our people for an inclusive atmosphere, where freedom, fun, and collaboration are pivotal and set us apart, defining our success. We believe that diversity, equity, and inclusion (DE&I) are essential to establish a strong and sustainable business, fostering a culture that values and respects diversity in all forms. Zanders is not just a workplace – it is a supportive community.
We invite those who share our passion for collaboration, growth, and positive impact to join us on this journey. If you're in search of a workplace which nurtures personal and professional development, Zanders is the perfect fit for you.
Join us as we continue to shape the future of consultancy, making a meaningful impact in the world of Treasury, Risk, and Technology!
By applying for a role at Zanders, you give us approval to use and retain your personal details. Considering Zanders’ nature of enterprise, you are expected to behave to a high moral standard. A Pre-Employment Screening (PES) by a third party is part of the application process.
