At a Glance
- Tasks: Lead complex valuation and advisory projects across diverse financial instruments.
- Company: Join BDO, a trusted accountancy and business advisory firm.
- Benefits: Gain hands-on experience, mentorship, and support for industry qualifications.
- Other info: Dynamic role with opportunities for professional growth and client relationship building.
- Why this job: Make a real impact in the finance world with innovative solutions.
- Qualifications: Strong interest in credit risk, finance, and data science; relevant degree required.
The predicted salary is between 55000 - 65000 £ per year.
We're BDO, an accountancy and business advisory firm, providing the advice and solutions businesses need to navigate today's changing world. Our clients are Britain's economic engine – ambitious, entrepreneurially spirited and high‑growth businesses that fuel the economy – and the owners and management teams that lead them.
As a Quantitative Solutions Manager, you will lead and deliver complex valuation and advisory engagements across a wide range of financial instruments, including derivatives and cash products across all asset classes. Your work will span both contentious and non-contentious matters, incorporating risk-focused projects such as default risk modelling and Expected Credit Loss (ECL) calculations. You will design and enhance advanced valuation models for complex and illiquid financial instruments, including structured products where market data is limited. In addition, you will contribute to broader quantitative and statistical advisory initiatives.
In this role, you will manage multiple client projects, ensuring high-quality and timely delivery, while supporting Directors and Partners on engagements. You will also play an active role in business development and client relationship growth. This position offers strong professional development through hands‑on experience, senior mentorship, and support toward industry qualifications such as CFA, FRM, or CQF.
Qualifications:
- Strong professional interest in the fields of retail and corporate credit risk, scorecard methods, internal ratings-based models, model validation, as well as UK and European regulatory standards underpinning these areas.
- Significant credit risk experience gained ideally from a major financial institution, another professional services firm, or a credit ratings agency. Valuation experience will be an advantage.
- 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 and statistics as applied to finance and credit risk.
- Hands-on experience in credit risk modelling or the valuation of financial products.
- A master's degree in Finance, Economics, Mathematics, Statistics, Engineering or Computer Science from a reputable university.
- Desirable previous credit risk modelling experience or the building and/or validating credit risk models obtained from within a bank or a credit ratings agency.
- 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).
Quantitative Solutions Manager employer: BDO UK
At BDO, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Quantitative Solutions Manager, you will benefit from extensive professional development opportunities, including mentorship from industry leaders and support for obtaining prestigious qualifications like CFA or FRM. Our commitment to employee growth, combined with our focus on high-growth businesses, makes BDO a rewarding place to advance your career in the heart of the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Solutions Manager
✨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 BDO UK. 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 Quantitative Solutions Manager
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 BDO UK.
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 BDO UK'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 BDO UK
✨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 BDO UK.
✨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 BDO UK 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 BDO UK 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.
