Job description
Our Risk Management division is made up of a number of different teams, trusted to identify, measure, control, mitigate, monitor & report on any risk exposures to our international business.
We are looking for talented candidates to join our Risk Analytics Group (RAG) as a part of our Risk Analyst Programme.
RAG is a specialised area within the Risk Department, responsible for Market Risk Models, Capital Models, Counterparty Exposure Models. The team members have strong quantitative skills and the team head reports to the local and international Chief Risk Officer.
This is a fantastic opportunity to start your career in Banking. As a part of the programme the candidate would be placed in RAG but will have short rotations in other risk team e.g. Market Risk Management / Credit Risk Management to learn about those areas.
Within RAG the type of tasks you may get involved with could include: model performance monitoring through back testing and benchmarking, model maintenance such as calibration, automation in Python, time series construction, updating documentation, testing system changes, pre-trade requests to support the business and other Risk teams and reviewing new regulatory requirements.
The types of models the team develops include: Value-at-Risk, Risk Not in VaR, Incremental Risk Charge, Potential Future Exposure, Initial Margin, CVA capital, FRTB models, stress less, default risk, concentration, rating migration models and Economics Capital
Working within Risk will provide you with the opportunity to work with employees from across the organisation including Front Office & other Risk centres of excellence. You will be given real responsibilities and a real job to do in order to get a good understanding of the role, the department and how it fits into the wider organisation.
Our 18 month Analyst Programme starts with a comprehensive training program designed to develop a sound understanding of our product lines, our clients & our business strategies.
As a part of a select intake, you will have the opportunity to learn from some of the best professionals in the industry. We’re highly team-driven, but you’ll still find plenty of opportunity to shine as an individual. In our open and inclusive environment, senior colleagues will know who you are and will see the work you do. In addition, your buddy and mentor will make sure you have all the support you need to succeed. And you’ll enjoy an ongoing commitment to your development as you build a lasting and rewarding career with us.
What we are looking for
We look for talented, motivated and ambitious people who will be able to help drive our business forward.
Successful candidates will:
- be in their final year of study or have graduated in the last 12 months at MSc level, with a highly numerate education
- have a strong interest in financial markets
- have excellent communication & interpersonal skills
- have high levels of motivation and integrity
- have strong analytical and problem-solving skills
- Have excellent attention to detail and accuracy
- be innovative and have the ability to generate new and creative ideas
- Have studied one of the below topics in their studies
Pricing theory
Stochastic calculus
Statistics - Should be able to code in Python
Accepted degree subjects
- accounting and finance
- mathematics
- economics
- computer sciences and information technology
Additional job details
- Location
- London
- Salary
- Competitive salary
How to apply
Click Apply to start your application now. This job will be available on Ä¢¹½ÊÓÆµ»ÆÆ¬ until 2 November 2025
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Closing date: 2 November 2025