Quantitative Market Risk Analyst

Company Background

Founded in 1983, BTG Pactual is the largest investment bank in Latin America. We are committed to a future where investing is dynamic and straightforward, and we are undergoing a digitization and expansion process across various fronts. Our entrepreneurial mindset allows us to empathize with our clients and understand their challenges, leading to swift, autonomous, and bureaucracy-free solutions. Renowned for our excellence, flexibility, and versatility, we serve clients from offices in Brazil, Chile, Colombia, Peru, Mexico, Argentina, the United States, the United Kingdom, Portugal, Spain, and Luxembourg. For more information, visit www.btgpactual.com.

Position Overview

BTG Pactual London is looking to hire a Quantitative Market Risk Analyst with 1–2 years of experience to join its Risk Management team. This role is strongly focused on market risk, sitting close to the trading desk, and requires a hybrid profile combining:

• Quantitative and programming skills
• Solid understanding of financial markets
• Working knowledge of pricing and risk of financial products

A key component of the role is the use of AI (notably Claude / LLM-based tools) to enhance and automate risk processes, alongside advanced statistical analysis of market data. This role will offer direct exposure to front-office market risk, close interaction with traders and senior risk managers, an opportunity to apply AI in a production risk environment, and a steep learning curve with a clear progression path within Rise.

Responsibilities

• Monitor and analyse market risk exposures and PnL across trading desks
• Develop and improve risk tools and controls used in daily risk management
• Interact closely with traders to understand trading activity and risk drivers
• Apply statistical and quantitative methods to risk assessment and mitigation
• Design and deploy AI-driven solutions (Claude / LLMs) to risk processes
• Contribute to model validation, robustness, and ongoing improvements

Required Qualifications

• 1–2 years’ experience in Market Risk, Trading Support, Quantitative Analysis, or a related role
• Good understanding of financial markets and risk concepts
• Strong quantitative foundation
• Strong programming skills in Python (pandas, NumPy, etc.)
• Interest or experience with AI / LLM tools (e.g., Claude, automation use cases)
• Ability to operate in a front-office, fast-paced environment

Preferred Knowledge and Experience

• Familiarity with trading data and risk metrics
• Knowledge of SQL or data infrastructure
• Exposure to model validation or risk governance
• Risk-focused but market-aware: understands how trading activity translates into risk
• Hybrid mindset: comfortable across quantitative analysis, systems, and market discussions
• Detail-oriented and intellectually rigorous
• Strong interest in applying AI to practical risk management problems

BTG's Offer

BTG Pactual is a global financial institution that maintains the culture, pace, and agility of a young company. As an expanding firm, we are committed to attracting, developing, and retaining the very best talent by offering a workplace where results are recognized and rewarded. We offer a fantastic opportunity to grow, including:

• Professional, international working environment
• Challenging, rewarding career
• Collaborative environment

BTG Pactual is dedicated to promoting an inclusive culture and does not discriminate based on race, color, religion, gender identity, sexual orientation, nationality, disability, or age, reinforcing our commitment to diversity.

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