Case study

Jessica Looney — Financial Engineer

First Derivatives plc
jessica pic

Making good use of her finance degree, Jessica works as a Financial Engineer in risk technology in Boston

What is a typical day like?

My day involves analysing numbers across several complex regulatory projects - looking at parameters such as depreciation, deferral rates and resource utilisation to better gauge project spend and budget alignment.

As part of the job, I get to create models that consume raw numerical data and output valuable metrics to allow for effective business decisions.

I spend time indirectly managing resources across some of the project to ensure deliverables are being produced in a timely manner and also transforming complex quantitative data into executive summaries for senior management.

What do you enjoy most about your job?

Leaving university, I wasn't entirely sure of my next step but I wanted to exercise my finance degree in a major, bustling city.

First Derivatives (FD) both facilitated this opportunity and exceeded my career expectations in the corporate world, straight out of third level education.

Since joining FD two years ago, I have experienced life in Manhattan, London and Boston - meeting new people and gaining invaluable exposure to various roles in tier one investment banks.

How has your role developed and what are your career ambitions?

My role has grown exponentially in the last year. I have been given responsibilities to manage and oversee work streams independently in addition to managing project spend and milestone tracking.

Having proven my ability to be good with numbers and present complex data in simple ways, my role has transformed from junior level to more managerial. With additional projects starting up and my knowledge of the various regulations increasing, I see the role continuing to develop further.

I aspire to overcome new challenges and take on more responsibility as I continue my role here in Boston. At 24, I am still not sure what I want to be 'when I grow up' but being my own boss someday would be an achievement.