Structuring Analyst

BriefYour role

L3 salary: Not published yetSalary figures open with the salaries section.
Upcoming dated changes: 3 changes aheadNext: 1 Jan 2027
Where the changes come from
Each change in the Regulatory calendar comes from an official text, linked on its page.
A change affects this role directly when it names a process that is one of the role's main tasks.
Top critical skills: Derivatives and how they work
Risk measures and sensitivities
Financial markets knowledge

What the role does

Structuring Analyst is a role in Investment Banking & Private Markets. The family covers M&A, capital markets, leveraged finance, private equity and venture capital. The core skill is derivatives and how they work, and the main work is market risk measurement, P&L and valuation control and treasury and cash management.

This is a brief profile written from the catalogue. A full profile with a day in the life, level descriptions and the effect of AI is being written.

Levels

L1 Starting out 0-2 years
L2 Independent 2-5 years
L3 Senior or specialist 5-9 years
L4 Leads a team or an area 8-14 years
L5 Leads the function 12+ years

Full level descriptions and job titles

The EFO level names are the common scale; job titles differ between employers.

Levels of Structuring Analyst
Level	What the work looks like	Typical years	Typical job titles
L1 Starting out	Learns the job; executes defined tasks with supervision	0-2	Banks: Analyst, Junior Analyst, Associate (asset servicing), Trainee, GraduateAsset servicers: Junior, Specialist (entry), Officer
L2 Independent	Owns a process end to end; trains L1; first contact for the team's clients	2-5	Banks: Analyst / Senior Analyst, AssociateAsset servicers: Specialist, Senior Specialist, Senior Officer
L3 Senior or specialist	Deep expertise; handles exceptions and change; represents the function in projects	5-9	Banks: Senior Associate, AVP, Assistant ManagerAsset servicers: Senior Specialist, Expert, Team Lead (small team)
L4 Leads a team or an area	Manages people or a large process; owns budgets or controls; escalation point	8-14	Banks: VP, Manager, Senior ManagerAsset servicers: Team Lead, Manager, Head of Section
L5 Leads the function	Accountable for the function in a legal entity or region; sets priorities and standards	12+	Banks: Director, Executive Director, Managing Director, Head of functionAsset servicers: Head of Department, Director

Skills

The percentage is the skill's share of the role; the bars are drawn relative to the anchor skill, which is shown full.

Critical 5

The job cannot be done without these.

Derivatives and how they workWeight 13.3%Anchor skillExpected level: expertRelevant to you
Risk measures and sensitivitiesWeight 8.9%Expected level: expertRelevant to you
Financial markets knowledgeWeight 8.9%Expected level: expertRelevant to you
Advanced Microsoft ExcelWeight 8.9%Expected level: expertRelevant to you
FX risk and hedging instrumentsWeight 8.9%Expected level: expertRelevant to you

Important and supporting skills 17

Important 8

Needed in most positions.

Conduct and investor protection rules (MiFID II, FINRA, SEBI)Weight 4.4%Expected level: practitionerRelevant to you
Collateral and marginingWeight 4.4%Expected level: practitionerRelevant to you
Python for data analysisWeight 4.4%Expected level: practitionerRelevant to you
Commercial acumen and business senseWeight 4.4%Expected level: practitionerRelevant to you
Professional written communicationWeight 4.4%Expected level: practitionerRelevant to you
Attention to detailWeight 4.4%Expected level: practitionerRelevant to you
Descriptive statistics and distributionsWeight 4.4%Expected level: practitionerRelevant to you
Basel framework and capitalWeight 4.4%Expected level: practitionerRelevant to you

Supporting 6

Help in many positions.

Bloomberg Terminal / market dataWeight 2.2%Expected level: practitionerRelevant to you
Trading and risk systems (Murex, Calypso)Weight 2.2%Expected level: practitionerRelevant to you
Working to tight deadlinesWeight 2.2%Expected level: practitionerRelevant to you
Reading client needs and dynamicsWeight 2.2%Expected level: practitionerRelevant to you
Building a slide narrativeWeight 2.2%Expected level: practitionerRelevant to you
Company valuation (DCF, multiples)Weight 2.2%Expected level: practitionerRelevant to you

Useful 3

Occasionally useful.

Querying data with SQLWeight 0.7%Expected level: working knowledgeRelevant to you
Resilience under pressureWeight 0.7%Expected level: working knowledgeRelevant to you
Corporate governanceWeight 0.7%Expected level: working knowledgeRelevant to you

Processes

The work the role takes part in.

What each process covers

Market risk measurementMainMeasuring sensitivities and potential losses on trading positions.
P&L and valuation controlMainProducing and explaining daily P&L and independently checking prices.
Treasury and cash managementMainManaging cash, funding and currency risk for the firm or its clients.
Capital calculationSupportingComputing how much capital the bank must hold against its risks.
Collateral and marginingSupportingCalling and posting collateral against exposures, and resolving disputes.
Conduct and investor protectionSupportingSuitability, product governance, disclosures and fair treatment of clients.

Dated changes for this role

1 Jan 2027ECB Pontes: DLT settlement in central bank moneyRelevant to you
1 Sep 2027CHAPS settlement to start at 01:30Relevant to you
11 Oct 2027EU securities settlement moves to T+1Relevant to you

Worth knowing

Changes that touch a process this role takes part in as a secondary task.

20 Nov 2026Second Consumer Credit Directive applies
1 Jan 2027Swiss capital and liquidity ordinance changes from January 2027
1 Jan 2027CRR3 output floor rises to 60 percent in 2027 and 65 percent in 2028
1 Jan 2027UK Basel 3.1 rules take effect
1 Jan 2027PRA retires the refined methodology to Pillar 2A

See all 17 in the Regulatory calendar

Salary snapshot

Salary figures are not published yet

The L3 salary range for this role, with its sources, will appear here when the salaries section opens.

Certifications

CFA Program Level I CFA Institute
CFA Program Level II CFA Institute

Concepts to know

Neighbouring roles

Roles that need many of the same skills, by weighted skill overlap, with the skills you would need to add.

Securitisation Analyst

78% skill overlap

To add: Securitisation and structured finance, Credit analysis and creditworthiness

Your role

Debt Capital Markets Analyst

64% skill overlap

To add: Credit analysis and creditworthiness, Financial statement analysis and ratios

Your role

Trading Analyst

60% skill overlap

To add: P&L production and explanation, Risk judgment and escalation instinct, Prioritising with incomplete information

Your role

Market Risk Analyst

58% skill overlap

To add: Model validation and governance, Risk judgment and escalation instinct, Independent price verification

Your role

Model Validation Analyst

57% skill overlap

To add: Model validation and governance, Risk judgment and escalation instinct, Independent price verification

Your role

Traded Risk Analyst

57% skill overlap

To add: Model validation and governance, Risk judgment and escalation instinct, Independent price verification

Your role

Do this job? Suggest a correction

Sources

The EFO role catalogue, with skills, levels and processes. How it is built
ESCO classification of the European Commission (external site) for job titles