At a Glance
- Tasks: Build and analyse financial models for exciting wholesale banking transactions.
- Company: Join a fast-growing UK challenger bank with an entrepreneurial spirit.
- Benefits: Hybrid work, direct exposure to senior leaders, and opportunities for career growth.
- Other info: Dynamic environment with a chance to build processes from the ground up.
- Why this job: Influence investment decisions and shape the future of wholesale banking.
- Qualifications: Hands-on cash-flow modelling experience in finance or capital markets.
The predicted salary is between 70000 - 90000 £ per year.
Location: London
Working pattern: Hybrid – 3 days per week in the office
The Opportunity
Our client, a fast-growing UK challenger bank, is seeking a Financial Modelling Manager to support the continued development of its wholesale banking business. This is a newly created and highly visible role focused primarily on structured lending, commercial real estate and warehouse finance transactions. Working closely with senior Wholesale Banking and Finance stakeholders, you will help assess new opportunities, build transaction models and develop the modelling infrastructure required to support a rapidly expanding business. The successful candidate will join at an early stage in the development of the wholesale platform and will have the opportunity to influence how transactions are evaluated, structured and monitored.
The Role
The primary focus of the position will be supporting the bank’s wholesale lending and investment activity. You will work closely with the Chief Investment Officer and senior members of the Wholesale team to analyse new transactions, model underlying asset cash flows and assess whether proposed deals meet the bank’s required return and risk parameters.
Key responsibilities will include:
- Building cash-flow models for commercial real estate, warehouse finance and other structured lending transactions.
- Analysing underlying loan and asset-level data.
- Reviewing and cleansing data tapes received in connection with prospective transactions.
- Performing DCF, NPV, IRR, return-on-equity and hurdle-rate analysis.
- Running sensitivity, stress and scenario analysis across different transaction assumptions.
- Assessing leverage, repayment profiles, asset performance and transaction economics.
- Developing new modelling tools and frameworks to support the growth of the wholesale business.
- Improving the scalability and automation of models as transaction volumes and data requirements increase.
- Presenting modelling outputs and commercial insights to senior Finance, Treasury and Wholesale stakeholders.
Alongside the wholesale responsibilities, you will also take ownership of several established finance models supporting effective interest rate, hedge effectiveness and fair-value calculations. These models feed into the bank’s financial reporting and will provide a broader understanding of the organisation’s retail and balance-sheet activities.
About You
The bank is looking for someone with strong, hands-on cash-flow modelling experience gained within a capital markets, structured finance or lending environment. Relevant backgrounds may include:
- Ratings agencies
- Structured finance or securitisation
- Commercial real estate finance
- Warehouse finance
- Structured credit
- Capital markets
- Investment banking
- Specialist lenders or challenger banks
- Transaction modelling or financial advisory teams
You should be able to demonstrate that you have personally built and manipulated financial models, rather than solely reviewed, audited or validated models developed by others. You are likely to have experience of:
- Discounted cash-flow modelling
- NPV and IRR calculations
- Sensitivity and scenario analysis
- Loan-level or asset-level data
- Portfolio analysis
- Complex Excel modelling
Experience of Python, SQL or VBA would be advantageous, particularly as the bank continues to move larger and more complex models away from Excel, but programming experience is not essential. Previous exposure to EIR, hedge effectiveness or fair-value modelling would be beneficial but is not required. A qualified accounting background is also not essential where the candidate has strong quantitative and transaction-modelling capability.
Why Apply?
This is an opportunity to help build a wholesale banking platform from an early stage within an ambitious and well-capitalised challenger bank. The role offers:
- Direct exposure to live wholesale transactions.
- Close interaction with senior decision-makers.
- The opportunity to build models and processes from the ground up.
- Broad exposure across structured finance, commercial real estate and warehouse lending.
- Greater ownership and variety than is typically available within larger, more siloed institutions.
- A genuine route from a ratings agency, advisory firm or transaction-modelling role into a commercially focused banking position.
The environment is fast-moving and entrepreneurial. There will be periods of model development and business-as-usual ownership, alongside more intensive deal activity when transactions are moving towards approval. For someone who enjoys building models, interrogating complex data and influencing investment decisions, this is a compelling opportunity to join a growing wholesale banking business at a formative stage.
Financial Modelling Manager – Wholesale Banking employer: Barclay Simpson
Barclay Simpson is an excellent employer, offering a dynamic work environment in the heart of London where compliance professionals can thrive. With a strong focus on employee growth and development, the company provides ample opportunities for career advancement while promoting a collaborative culture that values innovation and teamwork. The hybrid working model allows for a balanced work-life integration, making it an attractive choice for those seeking meaningful and rewarding employment in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Modelling Manager – Wholesale Banking
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Barclay Simpson. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Modelling Manager – Wholesale Banking
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Barclay Simpson.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Barclay Simpson's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Barclay Simpson
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Barclay Simpson.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Barclay Simpson will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Barclay Simpson employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
