Market Risk (Product) Analyst

Market Risk (Product) Analyst

Entry level 60000 - 80000 £ / year (est.) Home office (partial)
S&P Global

At a Glance

  • Tasks: Help shape and enhance our Market Risk product with innovative solutions.
  • Company: Join S&P Global, a leader in financial analytics and technology.
  • Benefits: Enjoy health coverage, flexible time off, and continuous learning opportunities.
  • Other info: Dynamic team environment with excellent career growth potential.
  • Why this job: Make a real impact in financial services while developing your skills.
  • Qualifications: Interest in finance, programming skills, and a collaborative mindset are key.

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

About the Role:

The Team: Financial Risk Analytics provides products and solutions to financial institutions to measure and manage their market risk, counterparty credit risk, regulatory risk capital and derivative valuation adjustments. Our solutions combine advanced analytics and technology, including a fully vectorized pricing library, machine learning, and a scalable Big Data stack, and are used by clients ranging from the largest tier-one banks to smaller specialist firms. Financial Risk Analytics is seeking a motivated product analyst to join our team in London to support our Market Risk solution.

The Impact: In this role, you will help shape and deliver enhancements to our Market Risk product by translating client, market, and internal stakeholder needs into clear product requirements. You will support the achievement of team goals through your own personal contribution, focus on the quality of your work, seek guidance where needed, and share insights that help the broader team strengthen our solutions for financial institutions.

Responsibilities:

  • Assist in the execution of the product roadmap for our Market Risk solution, helping ensure product priorities are clearly understood and delivered to a high standard.
  • Assist in the delivery of new product features, communicating regularly with the product team and clarifying priorities where needed to guide your work.
  • Research and design functionality, create product feature specifications, coordinate implementation, and prepare documentation for new features.
  • Coordinate with data, software, and financial engineering teams on the development, testing, and implementation of new risk models, ensuring that data and analytics are tightly integrated.
  • Develop analytical tools and prototypes for new features prior to implementation, using feedback and observation to build your product and technical understanding.
  • Develop into a trusted product contact for the team, helping ensure each component works end to end and escalating questions or issues appropriately.
  • Support current and prospective clients by helping respond to product questions and contributing to clear, accurate product information.
  • Support the professional services team with PoCs, client onboarding, and production runs.
  • Assist in the presentation of product capabilities to internal and external stakeholders, gathering feedback and answering questions.
  • Share relevant insights from these interactions to support the broader team.

All employees are required to work from the office a minimum of 2 days per week.

What We’re Looking For:

Basic Required Qualifications:

  • Interest in financial services, risk management, quant finance, or technology.
  • A quantitative background in finance, mathematics, economics, physics, computer science, or other technical subjects.
  • Interest in product design and/or software development.
  • Experience using Python, SQL, and/or other programming languages.
  • Ability to apply your skills and knowledge to defined outputs, while maintaining attention to quality and detail.
  • Strong communication skills, with a willingness to ask questions, seek feedback, and build knowledge to complete tasks effectively.
  • A collaborative mindset, with enthusiasm for building relationships and contributing to team goals.
  • Ability to clarify priorities when needed and adapt as team objectives shift.

Additional Preferred Qualifications:

  • Exposure to market risk concepts, derivatives, valuation, risk models, regulatory capital, or financial analytics.
  • Experience working with data, analytics, or technology products, ideally in a financial services or risk management environment.
  • Curiosity about how financial institutions use risk analytics to support decision-making.
  • A proactive approach to learning, including willingness to shadow, observe, and learn from experienced colleagues.
  • Commitment to delivering high-quality work, taking ownership of tasks, and supporting the wider team.

About S&P Global Market Intelligence: At S&P Global Market Intelligence, a division of S&P Global we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.

What’s In It For You?

Our Mission: Advancing Essential Intelligence.

Our People: We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.

Our Values: Integrity, Discovery, Partnership. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead.

Benefits: We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.

Global Hiring and Opportunity at S&P Global: At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions.

Equal Opportunity Employer: S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.

Market Risk (Product) Analyst employer: S&P Global

S&P Global is an excellent employer, offering a vibrant work culture that prioritises innovation and client success in the heart of Greater London. Employees benefit from generous perks, professional development opportunities, and a collaborative environment that fosters growth and leadership. Joining S&P Global means being part of a forward-thinking team dedicated to delivering exceptional solutions in the financial sector.

S&P Global

Contact Details:

S&P Global Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Market Risk (Product) Analyst

Get Involved with Campus Finance Societies

Join your university's finance or investment society — they're a goldmine for networking, guest lectures, and career fairs. These societies often host employers looking for entry-level talent like you, so get involved and make yourself known!

Attend Industry Workshops and Webinars

Look for workshops and webinars focused on banking and financial services. These events not only boost your knowledge but also let you connect with industry professionals who could help you land that entry-level role at places like S&P Global.

Leverage LinkedIn for Informational Interviews

Take advantage of LinkedIn to reach out to professionals working in banking, especially those who've started in entry-level positions. Politely ask for a quick chat about their experience and any advice they might have on breaking into the field.

Apply Directly through Company Websites

Don't just rely on job boards. Head directly to S&P Global's careers page and look for their entry-level openings. They might have opportunities that aren’t advertised widely, so keep checking back for new listings!

We think you need these skills to ace Market Risk (Product) Analyst

Financial Services Knowledge
Risk Management
Quantitative Analysis
Product Design
Software Development
Python
SQL

Some tips for your application 🫡

Splash Your Skills on Your CV:In the banking and financial services realm, it's all about numbers and analysis. Make sure to highlight any relevant coursework, internships, or projects where you've used skills like financial modelling, data analysis, or risk assessment. Show us you can crunch those numbers!

Educational Achievements Matter:For an entry-level role, your grades and academic accomplishments are key. If you have any certifications, like CFA Level 1 or something similar, don’t forget to include them. We love seeing ambition and commitment to the industry, so flaunt those achievements!

Craft a Personal Touch in Your Cover Letter:Your cover letter is your chance to show us your enthusiasm for banking and finance! Share why you're passionate about the industry and how your studies or previous experiences have prepared you for this role. We want to see that spark and motivation!

Use the Right Format and Language:In banking, clarity is king. Use a clean, professional format for your CV and cover letter. Make sure to avoid jargon, but don’t shy away from technical terms where appropriate – just keep it all clear and easy to read. Let’s see your professionalism shine through!

How to prepare for a job interview at S&P Global

Brush Up on Your Financial Knowledge

Since you're diving into the banking and financial services industry, make sure you're up to speed with current market trends and financial concepts. Be prepared to discuss things like interest rates and investment strategies, as you might get some technical questions that gauge your understanding.

Show Off Your Analytical Skills

Analytical skills are key in banking, so be ready to showcase how you've used them in your studies or any relevant projects. Prepare to tackle case studies or hypothetical financial scenarios during the interview that require you to analyse data and make informed decisions.

Demonstrate Your Team Spirit

As this is an entry-level role, they’ll likely look for how well you can collaborate and fit into their team. Think of examples from group projects or internships where you successfully worked with others. It'll help show that you're keen to learn and grow in a team-oriented environment.

Prepare Thoughtful Questions

Approach your interview with curiosity! Prepare insightful questions that reflect your knowledge of the industry, such as asking about the latest technology being implemented in their services. It shows you're genuinely interested in the company's operations and future.