Market Data & Risk Analytics Consultant

Jefferies Group LLC; City of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading investment bank is seeking a contractor in London to support market conventions and data quality governance initiatives focused on Japanese financial markets. The role involves collaborating with various internal teams, ensuring accurate data integration, and developing advanced data quality controls using Python and AI. Ideal candidates should have expertise in Japanese markets and strong technical skills. This position offers a contract employment type.

Qualifications

• Strong understanding of local market conventions, trading practices, and regulatory environment.
• Prior work experience with Japanese banks or financial institutions is preferred.
• Proficiency in Python and experience with AI/ML applications for data analytics and control automation.
• Experience in data quality business process improvement and complex regulatory projects.

Responsibilities

• Analyze and document Japanese market conventions for equities and derivatives.
• Ensure conventions are correctly reflected in data feeds and risk models.
• Act as SME and liaise with stakeholders to improve data governance framework.
• Develop and maintain Python-based automation for advanced data quality controls.
• Act as a liaison between internal teams and external Japanese counterparties.

Skills

Experience with Japanese Financial Markets

Proficiency in Python

Data Governance Expertise

Fluent in English

AI/ML applications experience

Job description

Jefferies is seeking an experienced contractor to support initiatives around market conventions, data modeling, and data quality governance, with a strong emphasis on the Japanese financial markets. This role will bridge collaboration between the Market Data team, Data Modeling team, and Equity Risk Analytic function, ensuring accurate interpretation and implementation of market standards across systems and processes. Additionally, the role will contribute to risk market data control programs, focusing on data quality operations and governance across market risk and counterparty risk.

Key Responsibilities

• Market Convention Expertise
  • Analyze and document Japanese market conventions for equities, fixed income, FX, and derivatives.
  • Validate pricing, settlement, and calendar rules with Japanese banks and local market participants.
• Data Integration & Modeling
  • Ensure conventions are correctly reflected in data feeds and risk models.
  • Support configuration and testing of market data systems for Japan-specific requirements.
  • Develop and implement robust risk analytics solutions for Japan market instruments, with a focus on equity listed market and equity derivatives, including:
  • Risk factor level time series construction and proxy modeling
  • Option pricing (vanilla and light exotics)
  • Value-at-Risk (VaR) and stress-VaR (sVaR) calculation
  • Scenario analysis and stress testing
• Data Quality Control & Governance
  • Act as SME and liaise with front office, technology, and risk managers to improve data governance framework.
  • Leverage Jefferies best control practices to handle Japanese market.
  • Define golden source of market data and implement control processes in target infrastructure.
  • Develop data standards, metrics, and reporting approaches; maintain policy documentation.
• Technical Development
  • Develop and maintain Python-based automation and AI-driven tools for advanced data quality controls.
  • Design and implement advanced control frameworks and monitoring dashboards leveraging AI/ML for anomaly detection and predictive analytics.
  • Support integration of market data into pricing and risk engines.
• Stakeholder Collaboration
  • Act as a liaison between internal teams and external Japanese counterparties.

Required Qualifications

• Experience with Japanese Financial Markets
  • Strong understanding of local market conventions, trading practices, and regulatory environment.
  • Prior work experience with Japanese banks or financial institutions is preferred.
• Technical Skills
  • Proficiency in Python and experience with AI/ML applications for data analytics and control automation.
  • Familiarity with market data platforms, risk systems, and data architecture.
  • Solid understanding of Greeks, VaR, Stress Testing, volatility calibration, and derivative trade data.
• Data Governance Expertise
  • Experience in data quality business process improvement and complex regulatory projects.
  • Ability to define data standards and implement control frameworks.
• Communication
  • Fluent in English; Japanese language proficiency is a strong plus.
  • Excellent presentation and stakeholder management skills.

Additional Information

• Seniority level: Mid-Senior level
• Employment type: Contract
• Job function: Finance
• Industries: Investment Banking