Senior Analyst Product Control - Client modelling

FNZ; City of Edinburgh; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Analyst to join their Product Control team. This pivotal role involves overseeing modeling risk and enhancing financial control frameworks while collaborating with cross-functional teams. The ideal candidate will have a strong background in financial risk modeling and product control, with proficiency in statistical techniques and programming languages. This position offers a unique opportunity to contribute to strategic business decisions and drive financial performance in a dynamic environment. If you are passionate about financial risk management and thrive on solving complex challenges, this is the perfect opportunity for you.

Qualifications

• 2+ years of experience in financial risk modeling or product control.
• Strong understanding of financial instruments and risk management principles.

Responsibilities

• Oversee modeling risk across FNZ Group and enhance financial control frameworks.
• Collaborate with stakeholders to integrate advanced analytics into risk modeling.

Skills

Financial Risk Modeling

Product Control

Analytical Skills

Problem-Solving Skills

Statistical Techniques

Machine Learning

Attention to Detail

Education

Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Engineering

Qualified Accountant (>2 years post qualified)

Tools

Excel

Bloomberg

Reuters

Python

R

MATLAB

Job description

Location: Edinburgh or London

Working Pattern: Hybrid

Contract: Permanent

Role Overview:

We are seeking a Senior Analyst to join our Product Control team, taking a pivotal role in overseeing modeling risk across FNZ Group. This position offers a unique opportunity to collaborate with cross-functional teams, enhance financial control frameworks, and provide actionable insights that drive strategic business decisions.

Key Responsibilities:

• Senior analyst in a fully functioning Product Control team with responsibility for providing oversight of modelling risk across FNZ Group.
• Partner with risk managers and financial controllers to implement and maintain robust control frameworks.
• Partner with modelling teams to enhance capability, accuracy, and usability of models.
• Monitor and reconcile financial product valuations, identifying and resolving discrepancies.
• Validate pricing models for financial instruments and ensure alignment with accounting and regulatory standards.
• Evaluate the financial performance of products and provide actionable insights to drive business strategy.
• Oversee financial risk models, primarily business plan and customer profitability models as well as credit, market, operational, and liquidity risk models.
• Conduct scenario analysis, stress testing, and sensitivity analysis to assess and predict financial risks including input into regulatory processes/reporting.
• Provide regular reports and insights to senior leadership, highlighting emerging risks and their potential impact.
• Model Risk Management (including statistical, advanced AI/ML based techniques) - Formulation of guidelines/policy, laying down of roadmap, establishment of model risk governance including frameworks, validation, inventory management, attestations, and optimization.
• Program/Delivery Management – Create project plans and coordinate with key stakeholders.
• Collaborate with stakeholders to integrate advanced analytics and machine learning into risk modeling processes.

Desired Qualifications and Skills:

Education:

• Bachelor’s or master’s degree in finance, economics, mathematics, engineering, or a related field.
• Qualified accountant (and >2 years post qualified).

Experience:

• 2+ years of experience in financial risk modeling, product control, or a similar role in banking, financial services, or fintech.
• Strong understanding of financial instruments, derivatives, and risk management principles.

Technical Skills:

• Advanced knowledge of Excel and experience with financial systems (e.g., Bloomberg, Reuters, or similar).
• Familiarity with accounting principles (e.g., IFRS, GAAP) and regulatory requirements (e.g., Basel III, IFRS 9).
• Statistical Techniques: Linear & Logistic Regression, Hypothesis Testing, Exploratory Data Analysis, Survival Analysis, Cluster Analysis, various Statistical Tests and Cross-Validation Techniques, ML Algorithms.
• Proficiency in programming languages like Python, R, or MATLAB for quantitative modeling.

Soft Skills:

• Strong analytical and problem-solving skills with attention to detail.
• Ability to work collaboratively in a fast-paced and dynamic environment.

This is an exciting opportunity for an experienced and driven professional to play a key role in shaping the future of financial risk management and product control at FNZ. If you thrive in a dynamic environment, excel at solving complex challenges, and have a passion for driving strategic business outcomes, we encourage you to apply.

Application Deadline: 31/01/2025

About FNZ:

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back.

We created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution.

We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).

Together with our customers, we help over 20 million people from all wealth segments to invest in their future.