Quantitative Risk Senior Manager / Manager

BDO UK; London; On-site; GBP 60,000 - 85,000; Full time

Job summary

BDO UK is seeking a Senior Manager/Manager to join their Advisory team in London. This role involves managing various valuation and advisory engagements while collaborating closely with senior staff. Candidates should possess a Master's degree in finance or related fields with substantial experience in financial product valuation and modeling techniques. BDO offers a supportive and agile working environment focusing on career development and collaboration.

Benefits

Agile working options

Professional development programs

Access to state-of-the-art collaboration spaces

Mentoring and support throughout career

Qualifications

• Strong knowledge of finance mathematics and financial products valuation.
• Significant experience in valuation or credit risk from a financial institution.
• Effective communication skills with a professional qualification equivalent to CFA or FRM is advantageous.

Responsibilities

• Manage a portfolio of projects ensuring timely delivery of services.
• Assist in developing valuation models for financial products.
• Collaborate with senior management on business development initiatives.

Skills

Analytical mindset

Valuation techniques

Risk modelling

Programming skills

Education

Master's degree in Finance, Economics, Mathematics, Statistics, Engineering, or Computer Science

Tools

Python

R

MATLAB

Excel VBA

STATA

SAS

Job description

Ideas People Trust

We're BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today's changing world.

We work with the companies that are Britain's economic engine - ambitious, entrepreneurially-spirited and high growth businesses that fuel the economy - and directly advise the owners and management teams that lead them.

We'll broaden your horizons

Our Advisory team provide a wide variety of services that deliver value-led advice and outcomes. They have an in-depth knowledge of business, industry sectors and markets and understand the constantly changing risks and opportunities at the heart of our clients' affairs. The team work across strategy, operations and improvement as well as at a transactional and defined project level. From technology to risk advisory, they're experts in following through on top-level instructions and resolving the finer details - all in one straight-forward package. When you join them, you'll work on some of the world's most exciting financial operations and business deals, building your experience and expertise alongside the brightest minds in the industry.

We'll help you succeed

Leading organisations trust us because of the quality of our advice. That quality grows from a thorough understanding of their business, and that understanding comes from working closely with them and building long-lasting relationships.

You'll be someone who is both comfortable working proactively and managing your own tasks, as well as confident collaborating with others and communicating regularly with senior managers, directors, and BDO's partners to help businesses effectively. You'll be encouraged to identify and draw attention to opportunities for enhancing our delivery and providing additional services to organisations we work with.

As a Senior Manager/ Manager you will be responsible for managing a portfolio of projects and for the timely delivery of services. You will work closely and support Directors and Partners with engagements. You will be expected to contribute toward marketing and business development initiatives.

You will be involved in a range of valuation and advisory engagements relating to financial products (derivatives and cash based) across all asset classes that will include both contentious and non-contentious matters. Such engagements will also include risk related matters such as the modelling of default risk.

You will also assist with the development of valuation models and modelling techniques for financial assets ranging from complex derivatives and structured products to other hard to value instruments that are complex due to illiquidity or a lack of observable market data inputs.

You'll be someone with:

• Master's degree in Finance, Economics, Mathematics, Statistics, Engineering or Computer Science from a reputable university.
• Strong professional interest in the fields of finance and financial instrument valuation, hedging and structuring.
• Significant valuation or credit risk experience gained ideally from a major financial institution or another professional services firm.
• Intellectual curiosity and an analytical mind-set.
• An interest in applying tools from finance, mathematics, and data science to provide pragmatic and robust solutions to real-world problems.
• Strong knowledge of mathematics as applied to finance and hands on experience of the valuation of financial products or credit risk modelling.
• Desirable previous valuation or credit risk modelling experience or the building and / or validating model libraries obtained from within a leading investment house or buy-side firm.
• Strong attention to detail and able to maintain high levels of accuracy whilst working to tight deadlines.
• Ability to put together clear and concise papers setting out modelling approaches and valuation techniques applied.
• Proficiency in a number of valuation techniques and modelling of interest, credit and equity risks
• Some programming skills in a high-level language (e.g., Python, R, MATLAB, Excel VBA) and/or experience with econometric software packages (e.g., STATA, SAS).
• Effective written and verbal communication skills.
• Excellent academic background with potentially a professional qualification in quantitative finance or other related financial discipline (e.g., CFA, FRM, PRM, CAIA, CQF)

You'll be able to be yourself; we'll recognise and value you for who you are and celebrate and reward your contributions to the business. We're committed to agile working, and we offer every colleague the opportunity to work in ways that suit you, your teams, and the task at hand.

At BDO, we'll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.

We're in it together

Mutual support and respect is one of BDO's core values and we're proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we'll support you at every stage in your career, whatever your personal and professional needs.

Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you'll always have access to the people and resources you need to do your best work.

We know that collaboration is the key to creating value for the companies we work with and satisfying experiences for our colleagues, so we've invested in state-of-the-art collaboration spaces in our offices. BDO's people represent a wealth of knowledge and expertise, and we'll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you'll never stop learning at BDO.

We're looking forward to the future

At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy.

Our success is powered by our people, which is why we're always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions

We've got a clear purpose, and we're confident in our future, because we're adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.