Financial Engineer

BELVEDERE; Kraków; On-site; PLN 180,000 - 240,000; Part time

Job summary

BELVEDERE in Kraków, Poland, seeks a Financial Engineer on a contract to support regulatory transformation initiatives across international locations. You will collaborate with Market Risk, Credit Risk and Front Office teams to enhance traded risk systems.

The role involves delivering Basel II/III frameworks, PRA/ECB requirements, and cross-functional stakeholder engagement across a global banking environment. Strong analytical skills and experience with risk systems are essential.

Qualifications

• Degree in Finance, Computer Science or a numerate discipline.

Responsibilities

• Contribute to regulatory transformation programmes addressing PRA and ECB commitments across international locations
• Identify opportunities to streamline manual processes and fragmented systems across risk functions
• Enhance global consistency and strengthen control frameworks for traded risk operations
• Partner with Market Risk Management teams to deliver system improvements
• Engage with Traded Credit Risk Management on counterparty exposure initiatives
• Work alongside Front Office desks spanning all asset classes to understand requirements
• Coordinate with Regulatory & Risk Analytics teams on analytical solutions
• Support Independent Model Review processes through effective documentation and testing
• Collaborate with Traded Risk Control to improve monitoring capabilities
• Liaise with Risk Technology teams to implement technical solutions
• Document requirements and validate functional specifications for system developments
• Design and execute user acceptance testing approaches and test cases
• Perform exposure regression analysis to explain variances between systems
• Create process documentation using data flow diagrams and visual tools

Skills

Excel

Access

VBA

SQL

PowerPoint

Visio

Trading products knowledge

Education

Degree in Finance/CS

Tools

Visio

PowerPoint

Job description

Financial Engineer

Location: Krakow, Poland
Contract Type: Contract

• Support major regulatory transformation initiatives across multiple international locations
• Collaborate with Market Risk, Credit Risk and Front Office teams across all asset classes
• Enhance risk systems and control frameworks for a global banking organisation
• Apply expertise in Basel II & III frameworks and traded risk methodologies

Company Overview

Our client is a global banking and financial services organisation operating across international markets. They provide comprehensive banking, markets and securities services to clients worldwide. The organisation is currently undertaking significant regulatory transformation work to meet evolving PRA and ECB requirements across their European and MENA operations. This presents an opportunity to contribute to critical risk infrastructure improvements that will shape the organisation's regulatory compliance framework.

They are seeking a Financial Engineer to join their team in Krakow and play a key role in delivering regulatory transformation initiatives while improving efficiency across their traded risk systems.

Position Overview

As a Financial Engineer, you will contribute to the implementation of regulatory commitments across multiple international sites while working to improve existing risk systems and strengthen control frameworks. You'll collaborate closely with risk management teams, front office desks, technology departments and regulatory analytics functions to deliver effective solutions that support the organisation's traded risk operations. This position offers exposure to complex risk systems, regulatory frameworks and cross-functional stakeholder management across a global banking environment.

Responsibilities

• Contribute to regulatory transformation programmes addressing PRA and ECB commitments across international locations
• Identify opportunities to streamline manual processes and fragmented systems across risk functions
• Enhance global consistency and strengthen control frameworks for traded risk operations
• Partner with Market Risk Management teams to deliver system improvements
• Engage with Traded Credit Risk Management on counterparty exposure initiatives
• Work alongside Front Office desks spanning all asset classes to understand requirements
• Coordinate with Regulatory & Risk Analytics teams on analytical solutions
• Support Independent Model Review processes through effective documentation and testing
• Collaborate with Traded Risk Control to improve monitoring capabilities
• Liaise with Risk Technology teams to implement technical solutions
• Document requirements and validate functional specifications for system developments
• Design and execute user acceptance testing approaches and test cases
• Perform exposure regression analysis to explain variances between systems
• Create process documentation using data flow diagrams and visual tools

Requirements

• Degree in Finance, Computer Science or a numerate discipline
• In-depth knowledge of trading products, risk methodologies and regulatory frameworks
• Strong understanding of Market Risk or Counterparty Risk concepts and terminology
• Expertise across asset class product types, counterparty exposures and hedging strategies
• Solid grasp of Basel II and Basel III regulatory frameworks
• Experience with Traded Risk Internal Controls frameworks and exposure calculation approaches
• Ability to analyse exposure differences and break down contributing variables
• Proven track record documenting requirements and creating testing plans
• Experience working through risk system development lifecycles with technology teams
• Capability to understand complex systems and investigate technical issues logically
• Knowledge of project delivery methodologies and project lifecycles
• Advanced proficiency in Excel and Access, including VBA programming
• Strong SQL skills for data analysis and manipulation
• Competence using PowerPoint and Visio for documentation and presentations
• Experience working with Risk Management or Product Control departments in financial organisations (desirable)
• Database design knowledge or experience (desirable)

Benefits

This contract position offers the opportunity to work on high-impact regulatory initiatives within a global banking environment. You'll gain exposure to complex risk systems, collaborate with international teams across multiple locations, and contribute to projects that directly support the organisation's regulatory compliance objectives. The role provides valuable experience working with diverse stakeholders including risk management, front office trading desks and technology teams, while developing your expertise in traded risk frameworks and regulatory transformation programmes.