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FDM is a global business and technology consultancy seeking a Junior Model Risk Analyst to work for our client within the Banking sector. This is initially a 6 month contract with very good prospects to extend and will be a hybrid role that will be based in London.
Our client is seeking highly motivated early‑career professionals to join the Model Risk Management team within a top FDM Client- a major Australian bank. This team plays a critical role in safeguarding the bank through independent oversight, validation, and governance of the models that drive key financial, risk, and regulatory decisions.
This is an excellent opportunity for candidates with strong quantitative capability, analytical thinking, and an interest in financial markets, modelling, and emerging technologies such as AI. As a Junior Model Risk Analyst, you will support the review, validation, and ongoing monitoring of a wide range of risk models used across the bank- including credit risk, market risk, valuation, pricing, and AI/ML‑based applications.
You will work closely with senior analysts to ensure models meet regulatory expectations, internal standards, and industry best practice. The work is varied, intellectually challenging, and central to the bank’s risk and compliance framework.
Responsibilities:
About You
We’re looking for candidates who bring strong quantitative foundations, curiosity, and attention to detail, you must hold a University Degree (Bachelor or Higher). You may come from backgrounds such as:
You should also have:
Experience with SAS, Python, R, or similar tools is highly regarded. Experience in Finance desirable.
About Us
We are a business and technology consultancy and one of the UK's leading employers, recruiting the brightest talent to become the innovators of tomorrow. We have centres across Europe, North America and Asia-Pacific, and a global workforce of over 2,500 Consultants. FDM has shown exponential growth throughout the years, firmly establishing itself as an award-winning employer and is listed on the FTSE4Good Index.
Diversity and Inclusion
FDM Group is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, national origin, age, disability, veteran status or any other status protected by federal, provincial or local laws.
Why join us