At a Glance
- Tasks: Lead and scale MillTech's Co-Pilot Advisory business, driving client engagement and strategy.
- Company: Join MillTech, a pioneering tech firm revolutionising risk management solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Diverse and inclusive workplace committed to innovation and collaboration.
- Why this job: Make a real impact in financial risk advisory with cutting-edge technology.
- Qualifications: 8-12+ years in financial risk advisory; strong Python and analytics skills required.
The predicted salary is between 80000 - 100000 £ per year.
Overview - About MillTech
MillTech provides advanced FX Hedging and Cash Investment solutions to increase market access, reduce costs and automate manual workflows. With a focus on automation, integration and connectivity, we have pioneered an independent risk management and liquidity solution for fund managers, institutions and global corporates, which is purpose-built to deliver best execution at scale. Since its inception in 2020, the MillTech platform has grown to support over $500bn in annual FX volume and over $35bn in client programs and is now trusted by some of the world’s largest institutions. In 2026 MillTech announced its most recent funding round with Apax Partners which valued the company at $325m.
The opportunity: MillTech is seeking a commercially driven and technically strong Head of Risk Advisory to lead and scale its new advisory revenue line built around the MillTech Co-Pilot platform. This role sits at the intersection of risk advisory, capital markets expertise, and technology-enabled analytics. You will define, build, and lead a differentiated advisory offering that leverages Co-Pilot to help clients enhance their decision making, optimise hedging strategies, and execute trading programs with confidence across different asset classes.
The successful candidate will combine deep expertise in financial risk (Rates, FX, Cash, Fund Finance and broader market exposures) with the ability to translate analytics into actionable client strategies—and crucially, monetise this capability as a scalable e-advisory business. Critically, you will be technically fluent: comfortable working directly with Python-based analytics, derivative pricing models, and risk quantification frameworks, and capable of bridging the gap between the Co-Pilot platform and high-touch client advisory delivery.
Key Responsibilities:
- Build & Scale the Co-Pilot Advisory Business
- Lead and commercialise MillTech’s Co-Pilot Advisory offering as a defined revenue stream.
- Develop the go-to-market strategy, productise the service and develop pricing models.
- Identify target client segments, build a pipeline and convert opportunities into long-term client engagements.
- Collaborate cross-functionally with Product, Tech, Quant, Sales, and Leadership teams.
Client Advisory & Delivery
- Act as a senior escalation point and trusted advisor for key clients/ Lead client conversations on Interest Rate, FX, and broader market risk exposures.
- Support clients in developing and implementing hedging and risk management strategies aligned to their portfolios and risk appetite.
- Translate complex analytics — including sensitivity outputs, scenario results, and VaR metrics — into clear, actionable insights for senior stakeholders and boards.
Technology-Enabled Advisory
- Embed the MillTech Co-Pilot platform at the core of all advisory services.
- Bridge the gap between quantitative modelling and commercial decision-making.
- Use Python and Co-Pilot to build and deliver bespoke client analytics, including: yield curve construction and bootstrapping (OIS/SOFR/SONIA), Monte Carlo simulation for cash flow at risk and scenario analysis, derivative pricing (IRS, caps/floors, FX options), DV01/BPV/delta-gamma sensitivity calculations, and portfolio-level stress testing and scenario analysis.
- Provide feedback into product development to enhance Co-Pilot capabilities based on client needs.
Capital Markets & Risk Expertise
- Structure and advise on derivative transactions and hedging solutions (primarily interest rate and FX, with exposure to inflation/commodities where relevant).
- Conduct quantitative and qualitative analysis of client portfolios, including hedge ratio optimisation and counterparty exposure assessment.
- Establish MillTech as a thought-leader in tech-enabled risk advisory.
Skills & Experience
Technical & Quantitative
- Proven understanding of interest rate and FX risk management for leveraged and unleveraged portfolios across real estate, infrastructure, private credit, and/or corporate treasury.
- Strong command of interest rate and FX derivative instruments: vanilla and structured IRS, cross-currency swaps, caps, floors, swaptions, FX forwards and options.
- Proficiency in Python for financial analysis — specifically: derivative pricing (QuantLib or equivalent), yield curve bootstrapping (OIS, SOFR, SONIA curves), Monte Carlo simulation for scenario/cash flow at risk modelling, and VaR / CVaR calculation methodologies.
- Experience with sensitivity analysis frameworks: DV01, BPV, delta/gamma for options books, and portfolio-level Greeks aggregation.
- Ability to build, interpret, and quality-control financial models in Python and/or Excel (VBA), including stress testing and scenario analysis.
- Familiarity with data platforms and analytics tools (e.g. Bloomberg, Refinitiv, or similar), and comfort working with structured financial datasets.
Commercial & Advisory Experience
- 8–12+ years of experience in financial risk advisory, derivatives, treasury, capital markets, or debt advisory.
- Proven track record of building client relationships and generating revenue in a fee-based advisory or structuring context.
- Experience structuring, modelling, and executing derivative transactions for institutional clients.
- Ability to communicate complex quantitative concepts clearly to non-technical stakeholders and senior decision-makers.
- Experience working with or alongside technology platforms and analytics tools as part of an advisory workflow.
How to apply?
At MillTech we believe that diversity and inclusion are essential for fostering innovation and building a strong, supportive work environment. We are committed to embedding the best equality and diversity practices into all our activities, making us an inclusive, welcoming, and exciting place to work. We would welcome candidates from all backgrounds and experiences. We would love to hear from you if you think that you’re a good fit for this role. To apply you should upload your CV. One of the team will then be in touch with you to discuss the next steps.
Head of Risk Advisory, Europe in London employer: Overview - About MillTech
MillTech is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets financial expertise. With a strong commitment to diversity and inclusion, employees are encouraged to grow through collaborative projects and cutting-edge technology, particularly within the rapidly expanding Co-Pilot Advisory platform. The company not only values its team members but also provides them with unique opportunities to shape the future of risk advisory in a supportive and forward-thinking culture.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Risk Advisory, Europe in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to risk advisory. Think about how you can showcase your technical skills and experience with Python-based analytics. We want to see you shine, so rehearse your answers until they feel natural!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and expertise. At StudySmarter, we encourage you to check out our website for roles that excite you. Tailor your approach to each company to show them why you’re the perfect fit.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the best candidate for the job.
We think you need these skills to ace Head of Risk Advisory, Europe in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the Head of Risk Advisory role. Highlight your experience in financial risk, derivatives, and any tech-savvy skills you have, especially with Python. We want to see how your background aligns with what we're looking for!
Showcase Your Achievements:Don’t just list your responsibilities; show us what you've achieved! Use numbers and specific examples to demonstrate how you've built client relationships or generated revenue in previous roles. This will help us see the impact you've made.
Be Clear and Concise:When writing your application, keep it clear and to the point. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication, so make sure your key points stand out without fluff!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at Overview - About MillTech
✨Know Your Stuff
Make sure you brush up on your financial risk knowledge, especially around interest rates and FX. Familiarise yourself with the specific tools and analytics mentioned in the job description, like Python for financial analysis and derivative pricing models. This will show that you're not just a good fit but also genuinely interested in the role.
✨Showcase Your Advisory Skills
Prepare to discuss your past experiences in client advisory roles. Think of specific examples where you've successfully built client relationships or generated revenue. Be ready to explain how you can translate complex analytics into actionable insights for clients, as this is crucial for the Head of Risk Advisory position.
✨Understand MillTech's Vision
Research MillTech’s Co-Pilot platform and its impact on risk management. Be prepared to discuss how you would leverage this technology to enhance client decision-making and optimise hedging strategies. Showing that you understand their business model will set you apart from other candidates.
✨Practice Your Communication
Since you'll be dealing with senior stakeholders, practice explaining complex concepts in simple terms. Use mock interviews to refine your ability to communicate technical details clearly and confidently. This will demonstrate your capability to bridge the gap between quantitative modelling and commercial decision-making.
