Model Risk Business Analyst

Model Risk Business Analyst

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Gather requirements, enhance model inventory, and lead testing for risk management.
  • Company: Join a highly respected investment bank with a strong risk management division.
  • Benefits: Enjoy opportunities for remote work and corporate perks in a dynamic environment.
  • Why this job: Be part of a team that shapes the firm's risk strategy and impacts capital deployment.
  • Qualifications: 1-3 years of experience in model risk or related fields; strong communication skills required.
  • Other info: Ideal for proactive individuals who thrive in fast-paced, collaborative settings.

The predicted salary is between 36000 - 60000 £ per year.

Model Risk Business Analyst – Investment Bank

A highly respected investment bank requires a Model Risk Business Analyst to work within their Risk Management Division.

Department

The Risk Management Division encompasses the firm\’s comprehensive risk framework responsible for determining and managing the overall risk appetite for the firm. The division is responsible for effectively managing the firm’s risk‑return profile which ensures the efficient deployment of the firm’s capital.

This role involves working with key stakeholders to gather business requirements, enhance the Firm’s Model Inventory, and streamline existing control and reporting processes. You’ll be responsible for developing documentation, preparing test cases, leading UAT testing, and supporting the rollout of Model Risk training across all regions.

Responsibilities

  • Gather business requirements and implement strategic solutions for the Firm\’s Model Inventory
  • Collaborate with key stakeholders, Model Governance teams, and vendors to deliver project phases
  • Lead UAT testing to ensure requirements are met
  • Support the development of user guides and training materials
  • Provide business analysis to support integration of Model Risk tools

Skills and Experience Required

  • 1-3 years of relevant experience
  • Strong writing, presentation, and communication skills
  • Experience working in model risk or risk-related change programs
  • Ability to work independently with minimal guidance
  • Strong data analysis and visualization skills (charts, presentations)
  • Proactive, detail‑oriented, with strong time management skills

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Model Risk Business Analyst employer: mthree Recruiting Portal

As a leading investment bank, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. Our Model Risk Business Analyst role offers exceptional opportunities for professional growth, with access to comprehensive training programmes and the chance to collaborate with industry experts. Located in a vibrant financial hub, we provide a stimulating environment where innovation is encouraged, and your contributions directly impact our risk management strategies.
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Contact Detail:

mthree Recruiting Portal Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Model Risk Business Analyst

✨Tip Number 1

Network with professionals in the investment banking sector, especially those working in risk management. Attend industry events or webinars to connect with potential colleagues and learn more about the role.

✨Tip Number 2

Familiarise yourself with the latest trends and tools in model risk management. Being knowledgeable about current technologies and methodologies will help you stand out during interviews.

✨Tip Number 3

Prepare to discuss specific examples of your experience in data analysis and stakeholder collaboration. Highlighting your past achievements can demonstrate your capability to handle the responsibilities of the role.

✨Tip Number 4

Showcase your communication skills by being clear and concise in all interactions. Whether it's during networking or interviews, effective communication is key in a role that involves collaboration with various stakeholders.

We think you need these skills to ace Model Risk Business Analyst

Business Analysis
Stakeholder Management
Model Risk Knowledge
Data Analysis
Data Visualisation
UAT Testing
Documentation Skills
Presentation Skills
Communication Skills
Time Management
Attention to Detail
Problem-Solving Skills
Proactive Approach
Training Development

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Model Risk Business Analyst. Familiarise yourself with the key tasks such as gathering business requirements, leading UAT testing, and developing documentation.

Tailor Your CV: Highlight your relevant experience in model risk or risk-related change programs. Emphasise your strong writing, presentation, and communication skills, as well as your ability to work independently and manage time effectively.

Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in this specific role at the investment bank. Mention how your skills align with the job requirements and provide examples of your experience in data analysis and stakeholder collaboration.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in risk management.

How to prepare for a job interview at mthree Recruiting Portal

✨Understand the Role

Make sure you have a solid grasp of what a Model Risk Business Analyst does. Familiarise yourself with the responsibilities outlined in the job description, especially around gathering business requirements and leading UAT testing.

✨Showcase Your Communication Skills

Since strong writing and presentation skills are crucial for this role, prepare to demonstrate these during your interview. Bring examples of past work where you've effectively communicated complex information to stakeholders.

✨Prepare for Technical Questions

Expect questions related to data analysis and visualisation. Brush up on relevant tools and techniques, and be ready to discuss how you've used them in previous roles to support model risk or risk-related projects.

✨Demonstrate Proactivity and Detail Orientation

Be prepared to share examples of how you've taken initiative in past roles. Highlight situations where your attention to detail made a significant impact on project outcomes, especially in risk management contexts.

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