At a Glance
- Tasks: Join our Product Control team to oversee modelling risk and enhance financial strategies.
- Company: FNZ is a global wealth management platform empowering everyone to invest in their future.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact in a dynamic environment while collaborating with industry leaders.
- Qualifications: Bachelor’s or master’s in finance, economics, or related fields; experience in financial risk modelling required.
- Other info: Application deadline is 31/01/2025. Be part of a company managing US$1.5 trillion in assets.
The predicted salary is between 36000 - 60000 £ per year.
Location: Edinburgh or London
Working Pattern: Hybrid
Contract: Permanent
Role Overview: We are seeking an Analyst to join our fully functioning Product Control team, responsible for providing oversight of modeling risk across FNZ Group. This role offers the opportunity to collaborate with key stakeholders, enhance risk frameworks, and contribute to the financial performance and strategy of the organization.
Key Responsibilities:
- Provide oversight of modelling risk across FNZ Group.
- Partner with risk managers and financial controllers to implement and maintain robust control frameworks.
- Partner with modelling teams to enhance capability, accuracy and usability of models.
- Monitor and reconcile financial product valuations, identifying and resolving discrepancies.
- Validate pricing models for financial instruments and ensure alignment with accounting and regulatory standards.
- Evaluate the financial performance of products and provide actionable insights to drive business strategy.
- Oversee financial risk models, primarily business plan and customer profitability models as well as credit, market, operational, and liquidity risk models.
- Conduct scenario analysis, stress testing, and sensitivity analysis to assess and predict financial risks including input into regulatory processes/reporting.
- Provide regular reports and insights to senior leadership, highlighting emerging risks and their potential impact.
- Model Risk Management - Formulation of guidelines/policy, laying down of roadmap, establishment of model risk governance including frameworks, validation, inventory management, attestations and optimization.
- Program/Delivery Management – Create project plans and coordinate with key stakeholders.
- Collaborate with stakeholders to integrate advanced analytics and machine learning into risk modeling processes.
Desired Qualifications and Skills:
Education: Bachelor’s or master’s degree in finance, Economics, Mathematics, Engineering, or a related field. Qualified accountant.
Experience: Experience in financial risk modeling, product control, or a similar role in banking, financial services, or fintech. Strong understanding of financial instruments, derivatives, and risk management principles.
Technical Skills: Advanced knowledge of Excel and experience with financial systems (e.g., Bloomberg, Reuters, or similar). Familiarity with accounting principles (e.g., IFRS, GAAP) and regulatory requirements (e.g., Basel III, IFRS 9). Statistical Techniques: Linear & Logistic Regression, Hypothesis Testing, Exploratory Data Analysis, Survival Analysis, Cluster Analysis, various Statistical Tests and Cross-Validation Techniques, ML Algorithms. Proficiency in programming languages like Python, R, or MATLAB for quantitative modeling.
Soft Skills: Strong analytical and problem-solving skills with attention to detail. Ability to work collaboratively in a fast-paced and dynamic environment.
If you are a detail-oriented professional with a passion for risk management, financial modeling, and driving business insights, this role offers the perfect opportunity to make a significant impact within a dynamic and innovative organization.
Application deadline: 31/01/2025
About FNZ: FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back. We created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution. We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA). Together with our customers, we help over 20 million people from all wealth segments to invest in their future.
Analyst Product Control - Client modelling employer: FNZ
Contact Detail:
FNZ Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst Product Control - Client modelling
✨Tip Number 1
Familiarise yourself with the latest trends in financial risk modelling and product control. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews, showcasing your knowledge and enthusiasm for the field.
✨Tip Number 2
Network with professionals in the finance and fintech sectors, especially those working in risk management or product control. Attend industry events or join relevant online forums to build connections that could provide insights or even referrals for the position.
✨Tip Number 3
Brush up on your technical skills, particularly in Excel and programming languages like Python or R. Consider taking online courses or certifications that can enhance your proficiency, as these skills are crucial for the Analyst role and will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific examples of how you've contributed to risk management or financial modelling in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your responses, demonstrating your analytical skills and problem-solving abilities effectively.
We think you need these skills to ace Analyst Product Control - Client modelling
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial risk modeling and product control. Use keywords from the job description to demonstrate that you meet the qualifications and skills required for the Analyst role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for risk management and financial modeling. Mention specific experiences where you've successfully collaborated with stakeholders or enhanced risk frameworks, as these are key responsibilities of the role.
Highlight Technical Skills: Emphasise your technical skills, particularly in programming languages like Python or R, and your proficiency with financial systems. Provide examples of how you've used these skills in previous roles to solve complex problems or improve processes.
Showcase Soft Skills: In your application, illustrate your strong analytical and problem-solving abilities. Share examples of how you've worked collaboratively in fast-paced environments, as this is crucial for the Analyst position at FNZ.
How to prepare for a job interview at FNZ
✨Understand the Role
Make sure you thoroughly understand the responsibilities of the Analyst Product Control position. Familiarise yourself with financial risk modelling, product control, and the specific tasks mentioned in the job description. This will help you articulate how your skills and experiences align with the role.
✨Showcase Technical Skills
Be prepared to discuss your technical expertise, especially in Excel and programming languages like Python or R. Highlight any experience you have with financial systems and statistical techniques relevant to the role, as this will demonstrate your capability to handle the analytical aspects of the job.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and analytical thinking. Prepare examples of how you've conducted scenario analysis or stress testing in previous roles. This will showcase your practical experience and understanding of financial risks.
✨Emphasise Collaboration Skills
Since the role involves partnering with various stakeholders, be ready to discuss your experience working in teams. Share examples of how you've collaborated with risk managers or financial controllers to enhance control frameworks or improve model accuracy, highlighting your ability to work in a dynamic environment.