Job Description

RKY Careers is currently recruiting a Quant Analyst – Financial Risk Modelling for an established London-based bank with a high-quality portfolio in private, commercial, and real estate lending. This position is situated within a high-visibility, motivated team comprising quants, data scientists, and risk analysts. It is an ideal role for a technical professional who thrives in a proactive environment and is eager to apply complex mathematical insights to critical banking decisions.

The core focus of this role is supporting the bank’s stress testing and prudential analytics frameworks. You will be instrumental in executing regulatory-driven exercises, remediation projects, and maintaining the analytical tools that ensure the bank remains capital-resilient under adverse economic scenarios. This position offers a broad mandate, allowing for exposure to diverse risk models and direct interaction with senior stakeholders.

Main Responsibilities

Prudential Analytics Support: Assist in the ongoing development, maintenance, and execution of the bank’s stress testing and prudential work.
Regulatory Compliance: Facilitate the execution of stress testing processes required for regulatory submissions, including ICAAP, ILAAP, and the bank’s Recovery Plan.
Model Risk Management: Support the Model Risk function by identifying and remediating known model limitations and ensuring alignment with regulatory standards.
Tool Development: Contribute to the design and enhancement of innovative stress testing and sensitivity analysis tools.
Process Documentation: Maintain, update, and rigorously review all technical and process documentation to ensure audit-readiness and clarity.

Preferred Experience

Professional Background: Proven experience in financial risk modeling, specifically supporting Pillar 2A and 2B stress testing tools and capital modeling.
Technical Stack: Intermediate proficiency in Python and/or SAS, with a strong command of SQL for data manipulation.
Analytical Tools: Advanced Excel skills, including mastery of complex functions, pivot tables, and financial formulas.
Communication: Exceptional ability to translate complex quantitative findings into clear, actionable messages for senior management and stakeholders.
Adaptability: A proactive, growth-oriented mindset with the ability to work independently in a visibility-heavy environment.

Job Data Table

Category	Details
Company Name	RKY Careers (on behalf of a London-based Bank)
Location	London, United Kingdom
Locality	Canary Wharf / City of London
Country	United Kingdom
City	London
Region	London
Job Type	Full-time
Salaries	£80,000 per annum
Experience Level	Mid-level
Travel	Minimal (Primary focus on London office)
Language	English
Benefits	Min 3 days hybrid in London office, Visa sponsorship considered

Skills & Competency Table

Key Skill	Proficiency Level
Python / SAS	Intermediate
SQL	Advanced
Stress Testing (ICAAP/ILAAP)	Advanced
Pillar 2 Capital Modeling	Advanced
Advanced Excel	Expert
Stakeholder Communication	Expert

Salaries Pay Calculator Table

Annual Base Salary	Est. Bonus (10–15%)	Total Compensation	Notes
£80,000	£8,000	£88,000	Standard mid-level risk quant in private banking.
£80,000	£12,000	£92,000	High performance/bonus tier for boutique banks.
£80,000	£4,000	£84,000	Conservative estimate for smaller portfolios.

Job Summary

This London-based role focuses on prudential risk modeling and stress testing for an established bank. You will develop and maintain capital modeling tools (ICAAP, ILAAP) using Python/SAS and SQL. It requires 2+ years of risk modeling experience and the ability to communicate technical insights to senior stakeholders in a high-visibility environment.

5 FAQs

What specific regulatory frameworks will I use? You will work extensively with ICAAP (Capital Adequacy), ILAAP (Liquidity Adequacy), and Recovery Planning.
Is visa sponsorship available? Yes, the employer may consider sponsorship for the right candidate already residing in the UK.
What is the office requirement? The role requires a minimum of 3 days per week in the London office.
What technical stack is most important? Intermediate Python or SAS is required, alongside strong SQL and Excel skills.
What type of lending does the bank focus on? The portfolio includes private, secured, commercial, and real estate lending.

Expert Analysis

In 2026, Prudential Risk quants are shifting focus toward “Reverse Stress Testing” to manage geopolitical and climate-related volatility. This role is highly strategic because it bridges the gap between pure data science and high-level regulatory capital management. Mastery of Pillar 2 assessments is currently a top-tier skill in the London banking market.

Location & Logistics Guide

The role is based in London, likely in the financial districts of the City or Canary Wharf. These hubs are accessible via the Elizabeth Line and the DLR. Working in these areas provides a density of networking opportunities within the UK’s primary risk and quant communities.

Wikipedia URL: https://en.wikipedia.org/wiki/London

Career Path

A Quant Risk Analyst at this level typically progresses to a Senior Risk Manager or Head of Prudential Risk. The broad mandate of this role allows for a transition into Model Validation or Treasury Risk, where quants manage the bank’s overall liquidity and capital strategy on a global scale.

To apply for this job please visit rkycareers.com.