Associate Director Economic Risk

I am recruiting an Associate Director Financial Economics for a global consultancy based in London.

The role will have a particular focus on financial and economic analysis, including cost of capital estimation, financeability assessments, risk and scenario analysis, financial modelling, investment appraisal & valuation.

The role:

• Leading day-to-day project delivery activities, including conducting detailed quantitative analyses, preparing regulatory submissions, drafting well written and clear report and clearly communicating complex analytical results to stakeholders.
• Leading proactively business development, bringing innovative analytical ideas to the team, leading and supporting the drafting of proposals, and participating effectively in client pitches.
• Deploying a robust understanding of regulatory finance and risk analysis within regulated infrastructure sectors, specifically focusing on the identification and quantification of key risk drivers. These include but are not limited to asset health deterioration, complexity of capital investment programmes, supply chain vulnerabilities, geographical factors, climate-related impacts, and macroeconomic dynamics such as inflation and interest rate fluctuations.
• Applying advanced statistical and econometric modelling to quantify how each identified risk factor interacts with specific regulatory mechanisms (e.g., cost allowances, incentives, depreciation profiles, and allowed cost of capital). Clearly articulating how these interactions translate into financial exposure and implications for regulated entities across current and future price control periods.
• Leading the implementation and continuous improvement of quantitative risk modelling platforms, including model development, parameter calibration, sensitivity testing, and validation, using programming languages and statistical software such as R (primary) and Python.
• Utilising statistical scenario analysis and stochastic simulation techniques to assess the overall risk profile of regulated entities, explicitly quantifying asymmetries in financial exposure and financeability under varying economic and policy-driven scenarios.
• Supporting in managing the team and developing individual members within the team. Specifically managing the long-term resourcing process for your engagements and the team overall, identifying growth areas for individuals for both the short- and long-term, coaching them to achieve these, providing feedback to all team members routinely during and after each engagement and supporting the recruitment process.