Job Description

Role Overview

As an XVA Quant, you will be integrated into the XVACCR, Collateral, and Credit Quantitative Research unit. This group is tasked with creating sophisticated mathematical models and pioneering technical answers for Credit, XVA, and Counterparty Risk challenges. You will engage with a diverse internal client base, including:

The XVA and Scarce Resources unit for valuation and modeling needs.
Risk departments focused on Regulatory CCR, Accounting XVA, and SIMM.
Collateral teams managing SIMM, IMVA with CCPs, and discounting.
Trading and Risk Management teams specializing in Credit derivatives.

The unit partners with business stakeholders to analyze model performance and accuracy. You will also hold a key position in high-priority XVA and RWA initiatives, building high-performance computational modules using advanced implementation methods. These tools enable the institution to navigate a growing array of regulatory mandates (FRTB-CVA, SACCR, XVAVaR) and internal metrics (AAD Sensitivities, Machine Learning, Optimization).

You will contribute to the ongoing evolution of XVA platforms and libraries, ensuring the architecture is optimized for regulatory shifts. Furthermore, you will help advance the Collateral management systems for EMIR and CCP Initial Margin, while assisting in FO and Risk system migrations that support the Scarce Resources and Collateral Management functions.

Responsibilities

Create and deploy mathematical pricing engines and software tools for collateral management (SIMM, IMVA-CCP).
Design and build computational tools and valuation models for XVA-centric operations.
Provide technical assistance and maintain dialogue with Trading, RPC, and IT departments.

Essential Requirements

Advanced programming expertise in languages like C++, C#, SQL, and VBA.
Solid grasp of numerical techniques, including optimization algorithms and Monte Carlo simulations.
Practical experience in:
- Multi-threaded development and inter-process communication.
- Distributed computing architectures.
- Microsoft development ecosystem (VC++, VBA, Office).
- Database management (Oracle, Access, SQL).
- Web standards (XSLT, XML).
Exceptional collaborative spirit alongside the ability to execute tasks autonomously.
Rapid learner capable of mastering emerging technologies under tight deadlines.
Superior analytical mindset with a focus on creative problem-solving.
Clear and effective verbal and written communication.
Prior history in RWA optimization or XVA modeling.

Job Data Table

Category	Details
Company Name	Quanteam UK
Location	Slough, United Kingdom
Locality	Berkshire (Thames Valley)
Country	United Kingdom
City	Slough
Region	South East England
Job Type	Full-time
Salaries	£75,000 – £115,000 (Estimated for AVP level)
Experience Level	Senior Associate / AVP
Travel	Minimal
Language	English
Benefits	Diverse workplace, professional development, inclusive culture

Skills & Competency Table

Key Skill	Level
C++ / C# Programming	Expert
XVA & CCR Modeling	Expert
Monte Carlo & Optimization	Advanced
AAD & Machine Learning	Advanced
Distributed Computing	Advanced
Regulatory Frameworks (FRTB, SACCR)	Advanced

Salaries Pay Calculator Table

Annual Salary	Bonus (Est. 15%)	Total Compensation	Notes
£75,000	£11,250	£86,250	Entry AVP / Senior Associate based in the Thames Valley.
£95,000	£14,250	£109,250	Median for specialized XVA Quants outside central London.
£115,000	£17,250	£132,250	High-end for AVP candidates with niche AAD/ML skills.

Job Summary

This Senior Associate/AVP role in Slough focuses on XVA, CCR, and Collateral modeling for Quanteam UK. You will build pricing tools using C++, AAD, and Monte Carlo methods to address regulatory mandates like FRTB-CVA. The role requires deep technical expertise in distributed computing and previous XVA/RWA optimization experience.

5 FAQs

What specific models will I be working on? You will develop models for XVA (CVA, FVA, etc.), SIMM, and Counterparty Credit Risk (CCR).
Which programming languages are most important? C++ is the core language, supported by SQL, C#, and VBA.
Who are the primary internal clients? You will support XVA Trading desks, Risk departments, and Collateral management teams.
Is knowledge of regulations required? Yes, familiarity with regulatory measures like FRTB-CVA, SACCR, and XVAVaR is essential.
What numerical methods are used? The team primarily utilizes Monte Carlo simulations and various optimization algorithms.

Expert Analysis

In 2026, XVA Quants are shifting focus towards Adjoint Algorithmic Differentiation (AAD) for real-time sensitivities. In a post-Basel III Endgame environment, the ability to optimize RWA (Risk-Weighted Assets) through efficient collateral modeling is the primary driver of bank profitability. Mastery of SIMM 2.0 and Initial Margin (IM) compression is now a prerequisite.

Location & Logistics Guide

Slough is a major commercial hub in the Thames Valley , located just 20 miles west of London. It offers excellent connectivity via the Elizabeth Line and the M4 motorway. As the site of the largest industrial estate in single private ownership in Europe, it hosts numerous global financial and tech headquarters. Wikipedia URL:https://en.wikipedia.org/wiki/Slough

Career Path

An AVP Quant typically advances to Vice President (VP) or Director within Quantitative Research. Given the focus on XVA and Regulatory projects, this path often leads to specialized roles in Capital Management , Front Office Systematic Trading , or Risk Technology Leadership within tier-1 investment banks or specialist consultancies.

To apply for this job please visit talents.studysmarter.co.uk.