Senior Risk Modelling Analyst

ADLIB; City Of London; On-site; GBP 68,000 - 80,000; Full time

Job summary

A leading recruitment agency is seeking a Senior Risk Modelling Analyst to join a high-impact asset risk team. The ideal candidate will have strong modelling experience, particularly in credit and operational risk. This role offers a salary of up to £80,000 plus a bonus over 20%, alongside excellent benefits including 28 holidays and flexible working arrangements.

Benefits

Salary up to £80,000

Bonus over 20%

28 days holiday

Excellent pension

Health benefits

Flexible working

Internal training resources

Qualifications

• Strong modelling experience and a background in credit and operational risk.
• Strong technical skills in Python, MATLAB, or R.
• Proven experience in credit and operational risk.

Responsibilities

• Lead economic capital modelling, updating assumptions and running forecasts.
• Transform complex model outputs into clear insights for leaders.
• Identify trends and gaps in portfolio risk work.

Skills

Modelling experience

Credit and operational risk

Python programming

MATLAB

R programming

Data analysis

Communication skills

Commercial awareness

Job description

Overview

We’re looking for a Senior Risk Modelling Analyst to join a high-impact asset risk team, supporting the modelling of economic capital and portfolio risk activity within an evolving financial landscape. You’ll report into the Portfolio Risk Manager and work closely with senior stakeholders to deliver actionable insight and steer strategic decision-making. This Senior Risk Modelling Analyst role is ideal for someone with strong modelling experience and a background in credit and operational risk.

What you’ll be doing

You’ll be hands-on with the numbers, models and data that shape how risk is understood across the business. You’ll take the lead on economic capital modelling, updating assumptions, running forecasts, and ensuring alignment with internal governance and external benchmarks.

You’ll work across credit, operational, insurance, treasury and climate risk, turning complex model outputs into clear insights that help senior leaders make smart decisions. You’ll be the bridge between technical modelling and commercial outcomes.

You’ll also get involved in portfolio risk work by spotting trends, identifying gaps, and helping the business challenge its view of risk. You’ll collaborate with third parties, coach colleagues, and support wider strategic projects, including the shift to electric vehicles.

What experience you’ll need to apply

• Strong modelling experience and a background in credit and operational risk
• Strong technical skills in Python, MATLAB or R
• Proven experience in credit and operational risk
• Experience building and enhancing capital models
• Ability to analyse complex data and identify trends
• Able to explain technical concepts to non-technical stakeholders
• Commercial awareness and strategic thinking
• Knowledge of regulatory capital and financial compliance is a bonus

What you’ll get in return

They’re offering a salary of up to £80,000 with a bonus over 20% and some excellent benefits. They also have 28 days holiday (with buy/sell options), an excellent pension and additional health benefits as well as access to wellbeing apps.

You’ll also benefit from flexible working, internal training resources, competitive family leave policies, and inclusive employee networks and more!

What’s next?

Please apply today and we’ll review your application to arrange a call if it’s a good fit!