Be at the heart of actionFly remote-controlled drones into enemy territory to gather vital information.

Apply Now

Quantitative Financial Risk - Senior Associate

Alvarez & Marsal
City of London
1 week ago
Create job alert
Description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.

The Team

Join our dynamic team of financial risk experts who are dedicated to helping financial institutions navigate complex regulatory environments and optimize their financial performance. Our team works on a variety of projects, including developing sophisticated financial risk methodologies and models, with a strong focus on ALM (IRRBB, Liquidity and Capital Risk) and Pillar 1 financial risk components (credit and market risk). This is an opportunity to work on impactful projects that enhance risk-adjusted financial performance and inform strategic decision-making at the highest levels.

How You Will Contribute

As a Senior Associate, you will play a key role in helping senior financial institution leaders translate business strategies and regulatory changes into quantifiable financial impacts. You will support the development and execution of sophisticated financial risk methodologies and models. Your work will span across client-facing delivery, analytical modelling, and shaping recommendations that enhance risk-adjusted financial performance, meet prudential requirements, and inform strategic decision-making at the highest levels.

Key Responsibilities
  • Partner with banks and NBFIs to model the impact of strategic initiatives on key financial risk metrics and capital/liquidity positions.
  • Develop and implement quantitative models to assess ALM profile and risk, such as IRRBB, liquidity, and capital risks, and Pillar 1 credit and market risk under CRR standards.
  • Contribute to the design and delivery of balance sheet strategy initiatives, including capital and liquidity optimization, stress testing, and ICAAP/ILAAP scenario modelling.
  • Assess client compliance with evolving regulatory requirements (e.g., CRD VI/CRR III, PRA/ECB supervisory statements).
  • Present findings and recommendations to clients in a compelling and structured way.
  • Support business development through preparation of thought leadership, proposals, and client pitches.
Qualifications
  • Experience in financial services or consulting with demonstrable exposure to quantitative financial risk.
  • Strong understanding of at least two of the following areas: Interest Rate Risk in the Banking Book (IRRBB), Liquidity risk (LCR, NSFR, CFP), Pillar 1 credit and market risk modelling.
  • Proven ability to build or review quantitative models (Excel, Python, R or similar).
  • Understanding of balance sheet structure, funding models, and regulatory capital/liquidity rules (Basel III, CRD/CRR, PRA Rulebook).
  • Highly analytical with a commercial mindset and excellent attention to detail.
  • Strong communication skills - ability to translate complex analysis into practical recommendations for senior stakeholders.
  • Experience working with or advising CFO, Treasury, Risk or ALM functions preferred.
Education & Qualifications
  • Strong academic background in a quantitative or finance-related discipline (e.g., Economics, Finance, Mathematics, Engineering).
  • Professional qualifications such as CFA, FRM, PRMIA, or progress toward these is a plus.
Your Journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career. We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.


#J-18808-Ljbffr

Related Jobs

View all jobs

Quantitative Finance Risk Associate Graduate Programme 2026 Glasgow

Quantitative Finance Risk Associate Graduate Programme 2026 London

Quantitative Finance Risk Associate Graduate Programme 2026 London

Junior Quantitative Developer

2026 EMEA London Finance and Risk Quantitative Strats Summer Analyst

Quantitative Developer

Subscribe to Future Tech Insights for the latest jobs & insights, direct to your inbox.

By subscribing, you agree to our privacy policy and terms of service.

Industry Insights

Discover insightful articles, industry insights, expert tips, and curated resources.

Data Science Recruitment Trends 2025 (UK): What Job Seekers Need To Know About Today’s Hiring Process

Summary: UK data science hiring has shifted from title‑led CV screens to capability‑driven assessments that emphasise rigorous problem framing, high‑quality analytics & modelling, experiment/causality, production awareness (MLOps), governance/ethics, and measurable product or commercial impact. This guide explains what’s changed, what to expect in interviews & how to prepare—especially for product/data scientists, applied ML scientists, decision scientists, econometricians, growth/marketing analysts, and ML‑adjacent data scientists supporting LLM/AI products. Who this is for: Product/decision/data scientists, applied ML scientists, econometrics & causal inference specialists, experimentation leads, analytics engineers crossing into DS, ML generalists with strong statistics, and data scientists collaborating with platform/MLOps teams in the UK.

Why Data Science Careers in the UK Are Becoming More Multidisciplinary

Data science once meant advanced statistics, machine learning models and coding in Python or R. In the UK today, it has become one of the most in-demand professions across sectors — from healthcare to finance, retail to government. But as the field matures, employers now expect more than technical modelling skills. Modern data science is multidisciplinary. It requires not just coding and algorithms, but also legal knowledge, ethical reasoning, psychological insight, linguistic clarity and human-centred design. Data scientists are expected to interpret, communicate and apply data responsibly, with awareness of law, human behaviour and accessibility. In this article, we’ll explore why data science careers in the UK are becoming more multidisciplinary, how these five disciplines intersect with data science, and what job-seekers & employers need to know to succeed in this transformed field.

Data Science Team Structures Explained: Who Does What in a Modern Data Science Department

Data science is one of the most in-demand, dynamic, and multidisciplinary areas in the UK tech and business landscape. Organisations from finance, retail, health, government, and beyond are using data to drive decisions, automate processes, personalise services, predict trends, detect fraud, and more. To do that well, companies don’t just need good data scientists; they need teams with clearly defined roles, responsibilities, workflows, collaboration, and governance. If you're aiming for a role in data science or recruiting for one, understanding the structure of a data science department—and who does what—can make all the difference. This article breaks down the key roles, how they interact across the lifecycle of a data science project, what skills and qualifications are typical in the UK, expected salary ranges, challenges, trends, and how to build or grow an effective team.