At a Glance
- Tasks: Validate climate models and conduct quantitative analysis to assess risks.
- Company: Join a leading banking client focused on sustainability and climate risk.
- Benefits: Hybrid work, competitive pay, and the chance to make a real impact.
- Other info: Exciting opportunity for growth in a dynamic, impactful role.
- Why this job: Be at the forefront of climate risk management in the financial sector.
- Qualifications: Degree in a quantitative field and strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
Marshall Wolfe are hiring on behalf of our client within banking, who are hiring for a Senior Model Risk Validation Analyst.
This role will join a growing risk function, providing independent validation and oversight of climate and sustainability-related models used across strategic planning, risk management, capital allocation, and transition planning.
Key Responsibilities
- Independently validate climate, forecasting, scenario analysis, stress testing, and optimisation models.
- Assess model methodologies, assumptions, data quality, limitations, and performance.
- Conduct sensitivity testing and quantitative analysis to identify and document model risks.
- Produce clear validation reports and recommendations for senior stakeholders and governance forums.
- Support model risk governance, regulatory compliance, and validation controls.
Requirements
- Degree in a quantitative discipline such as Mathematics, Statistics, Economics, Engineering, Physics, or Data Science.
- Strong knowledge of climate risk, transition planning, decarbonisation pathways, climate scenarios, and net-zero strategies.
- Experience validating complex quantitative models, ideally within financial services, risk, or regulatory environments.
- Advanced analytical skills and proficiency in Python for data analysis and model assessment.
- Excellent report-writing and stakeholder management skills, with the ability to communicate technical findings to senior audiences.
- Familiarity with model risk regulations and frameworks, including SS1/23, would be advantageous.
Location
Edinburgh - Hybrid |
Type
Contract Inside IR35 |
Duration
- 3 months
- #J-18808-Ljbffr
Climate Risk Data Scientist employer: Marshall Wolfe
At Marshall Wolfe, we pride ourselves on being an excellent employer by fostering a dynamic work culture that prioritises innovation and collaboration. Our London office offers a hybrid working model, allowing for flexibility while ensuring team cohesion with in-office days. We are committed to employee growth, providing ample opportunities for professional development in the rapidly evolving FinTech sector, making it a rewarding place for those passionate about secure cloud engineering.
StudySmarter Expert Advice🤫
We think this is how you could land Climate Risk Data Scientist
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Marshall Wolfe.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Marshall Wolfe might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Climate Risk Data Scientist
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Marshall Wolfe will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Marshall Wolfe. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Marshall Wolfe confidence in your short-term commitment to the role.
How to prepare for a job interview at Marshall Wolfe
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Marshall Wolfe.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Marshall Wolfe that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
