Senior Data Business Analyst - Finance Model Risk
Senior Data Business Analyst - Finance Model Risk

Senior Data Business Analyst - Finance Model Risk

Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Essential Consulting

At a Glance

  • Tasks: Dive deep into data, review documentation, and engage stakeholders to enhance model risk understanding.
  • Company: Join a Tier 1 bank on a high-impact initiative in Finance and Risk.
  • Benefits: Hybrid work model, flexible location, and potential for long-term contract extension.
  • Other info: Exciting opportunity to work on a 2-3 year programme with career growth potential.
  • Why this job: Make a real difference in finance by improving data traceability and controls.
  • Qualifications: Experience in business analysis with a knack for detail and problem-solving.

The predicted salary is between 60000 - 80000 £ per year.

We are working with a Tier 1 bank on a long-term programme within Model Risk Management, focused on improving the understanding and traceability of data used within Finance models. This is an opportunity to join a high-impact initiative aligned to SS1/23, working at the intersection of Finance, Risk and Data. The bank has a hybrid model (1-2 days per week typically expected on-site) and we can be flexible on location within the UK.

Initial contract to end 2026, with strong potential for extension - 2-3 year programme.

The Role

This is not a passive BA role. You will be working with model documentation that is often incomplete or unstructured, with the goal of building a clear picture of:

  • What data is being used within models
  • Where that data comes from
  • How it is defined and transformed
  • What controls exist around it

The role involves reviewing documentation, identifying gaps, and engaging stakeholders to fill in the missing pieces. It is a hands-on, investigative role and would suit a BA who enjoys digging into detail, asking the right questions, and making sense of complex information.

Key Responsibilities

  • Review and interpret model and data documentation
  • Identify gaps in data definitions, lineage, ownership and controls

Senior Data Business Analyst - Finance Model Risk employer: Essential Consulting

Join a leading Tier 1 bank that prioritises employee development and offers a dynamic work culture focused on collaboration and innovation. With a hybrid working model, you will enjoy the flexibility of working from home while also having the opportunity to engage with colleagues on-site, fostering a strong sense of community. This role not only provides a chance to contribute to a high-impact initiative in Model Risk Management but also offers extensive growth opportunities within the finance sector, making it an ideal environment for those seeking meaningful and rewarding employment.
Essential Consulting

Contact Detail:

Essential Consulting Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Data Business Analyst - Finance Model Risk

✨Tip Number 1

Network like a pro! Reach out to connections in the finance and data sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!

✨Tip Number 2

Prepare for those interviews by researching the company and its projects. Understand their approach to model risk management and be ready to discuss how your skills can help them improve data traceability. Show them you’re not just another candidate!

✨Tip Number 3

Practice your problem-solving skills! Since this role involves digging into complex information, consider doing mock interviews with friends or mentors. Get comfortable explaining your thought process when tackling data challenges.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of resources to help you land that Senior Data Business Analyst role. Plus, we’re always updating our listings, so keep an eye out for new opportunities!

We think you need these skills to ace Senior Data Business Analyst - Finance Model Risk

Data Analysis
Model Documentation Review
Stakeholder Engagement
Gap Identification
Data Lineage Understanding
Data Definition Skills
Attention to Detail
Investigative Skills
Communication Skills
Problem-Solving Skills
Financial Modelling Knowledge
Risk Management Understanding

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Data Business Analyst role. Highlight your experience with model documentation and data traceability, as these are key aspects of the job. We want to see how your skills align with what the bank is looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about Model Risk Management and how your investigative nature makes you a perfect fit for this hands-on role. Let us know what excites you about working at the intersection of Finance, Risk, and Data.

Showcase Your Analytical Skills: In your application, be sure to showcase your analytical skills. Provide examples of how you've previously identified gaps in data or improved processes. We love seeing candidates who can dig into detail and ask the right questions!

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to keep track of your application and ensure it gets the attention it deserves. Plus, we’re excited to see what you bring to the table!

How to prepare for a job interview at Essential Consulting

✨Know Your Data Inside Out

Make sure you have a solid understanding of data management principles, especially in the context of finance models. Brush up on how data is defined, transformed, and controlled. Being able to discuss specific examples from your past experience will show that you can handle the complexities of the role.

✨Prepare for Hands-On Questions

Since this role is very hands-on, expect questions that require you to demonstrate your investigative skills. Think about scenarios where you've identified gaps in documentation or improved data traceability. Be ready to explain your thought process and the steps you took to resolve issues.

✨Engage with Stakeholders

This position involves a lot of stakeholder engagement, so be prepared to discuss how you've successfully collaborated with different teams in the past. Highlight your communication skills and give examples of how you’ve navigated complex discussions to fill in missing pieces of information.

✨Show Your Passion for Model Risk Management

Express your enthusiasm for working at the intersection of finance, risk, and data. Research the latest trends in model risk management and be ready to share your insights. This will not only demonstrate your knowledge but also your commitment to contributing to the bank's long-term programme.

Senior Data Business Analyst - Finance Model Risk
Essential Consulting

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>