Associate Director Economic Risk

Page Executive; City Of London; On-site; Confidential; Full time

Job summary

A global consultancy firm in London is seeking an Associate Director Financial Economics to lead financial and economic analysis projects. The ideal candidate will possess strong expertise in applied statistics and econometric modelling, particularly in R and Python. Responsibilities include managing project delivery, developing client relationships, and conducting sophisticated risk analysis. The role offers a competitive salary of £100,000 to £120,000, along with a comprehensive benefits package and opportunities for career progression.

Benefits

Car allowance

Bonus

Comprehensive benefits package

Career progression opportunities

Supportive work environment

Qualifications

• Excellent technical expertise in applied statistics and econometric modelling.
• Strong soft skills in relationship management.
• Proficiency in R and experience with Python for analytical model development.
• Experience using AI in technical consulting is desirable.
• Strong analytical thinking and problem-solving ability.
• Excellent communication skills for non-technical audiences.
• Ability to produce compelling technical reports and regulatory submissions.

Responsibilities

• Lead project delivery activities and conduct quantitative analyses.
• Develop business and draft proposals for client pitches.
• Understand and analyze regulatory finance and risk.
• Implement and improve quantitative risk modelling platforms.
• Utilize statistical techniques to assess risk profiles.
• Manage team resources and mentor individual members.

Skills

Applied statistics

Econometric modelling

Data analytics

Statistical programming (R)

Statistical programming (Python)

Regression analysis

Time series modelling

Panel data estimation

Stochastic simulation

Relationship management

Education

Undergraduate or postgraduate degree in Economics, Finance, Mathematics, Statistics, or related field

Tools

Excel

R

Python

Job description

• Associate Director Financial Economics for a global consultancy
• Economics, Finance, Mathematics, Statistics, or a related quantitative field

About Our Client

Large global consultancy.

Job Description

I am recruiting an Associate Director Financial Economics for a global consultancy based in London.

The role will have a particular focus on financial and economic analysis, including cost of capital estimation, financeability assessments, risk and scenario analysis, financial modelling, investment appraisal & valuation.

The role:

• Leading day-to-day project delivery activities, including conducting detailed quantitative analyses, preparing regulatory submissions, drafting well written and clear report and clearly communicating complex analytical results to stakeholders.
• Leading proactively business development, bringing innovative analytical ideas to the team, leading and supporting the drafting of proposals, and participating effectively in client pitches.
• Deploying a robust understanding of regulatory finance and risk analysis within regulated infrastructure sectors, specifically focusing on the identification and quantification of key risk drivers. These include but are not limited to asset health deterioration, complexity of capital investment programmes, supply chain vulnerabilities, geographical factors, climate-related impacts, and macroeconomic dynamics such as inflation and interest rate fluctuations.
• Applying advanced statistical and econometric modelling to quantify how each identified risk factor interacts with specific regulatory mechanisms (e.g., cost allowances, incentives, depreciation profiles, and allowed cost of capital). Clearly articulating how these interactions translate into financial exposure and implications for regulated entities across current and future price control periods.
• Leading the implementation and continuous improvement of quantitative risk modelling platforms, including model development, parameter calibration, sensitivity testing, and validation, using programming languages and statistical software such as R (primary) and Python.
• Utilising statistical scenario analysis and stochastic simulation techniques to assess the overall risk profile of regulated entities, explicitly quantifying asymmetries in financial exposure and financeability under varying economic and policy‑driven scenarios.
• Supporting in managing the team and developing individual members within the team. Specifically managing the long‑term resourcing process for your engagements and the team overall, identifying growth areas for individuals for both the short‑ and long‑term, coaching them toורתולים achieve these, providing feedback to all team members routinely during and after each engagement and supporting the recruitment process.

The Successful Applicant

You:

• Excellent technical expertise in applied statistics and econometric modelling and data analytics, including proficiency in advanced techniques such as regression analysis, time series modelling, panel data estimation, and stochastic simulation.
• Strong soft skills in relationship management to cultivate and sustain deep client relationships and build the business.
• Strong, demonstrable skills in statistical programming, particularly in R (required) and Python (highly desirable), with practical experience in developing, testing, and validating analytical models for real‑world economic and financial applications. Advanced understanding of Excel formulas and modelling is also required to translate outputs of R based models into client‑ready and user‑friendly interactive dashboards.
• Experience using agentic другими AI in technical consulting. Ideal candidate would have experience deploying AI in their day‑to‑day work including but not limited to researching technical topics, supporting the development of complex analyses in R or Python based coding and supporting in drafting deliverables. Particular attention to validating AI results is critical.
• High degree of analytical thinking and proven ability to independently tackle complex problems, identify analytical challenges, and develop robust, evidence‑based solutions.
• Strong ability to communicate sophisticated quantitative analysis clearly, persuasively, and succinctly to non‑technical audience.
• Excellent written communication skills, capable of producing detailed, structured, and compelling technical reports and regulatory submissions.
• Undergraduate or postgraduate degree (minimum 2:1 or equivalent) in Economics, Finance, Mathematics, Statistics, or a related quantitative field.

What's on Offer

• Competitive Andrews salary ranging from £100000 to £120000 PA DOE, plus car allowance and bonus
• Permanent role with excellent career progression opportunities.
• Comprehensive benefits package.
• Opportunity to work within a leading global consultancy.
• Engaging and supportive work environment in London.