Finance Risk Consultant

NORRIQ Financial Services; Brussel; On-site; EUR 70,000 - 110,000; Full time

Benefits offered by this job

Company car

iPhone

Allowances

Training Belgium & Denmark

Growth culture

Job summary

NORRIQ is seeking an Expert Consultant - Finance & Risk in Financial Services to join our international team in Belgium. As a Senior Consultant, you will address complex financial and credit risk challenges across the risk lifecycle, with a focus on capital adequacy, RWA, and regulatory compliance for banks and insurers.

You will translate Basel III/IV and CRR into practical risk calculations, support risk data aggregation and governance, and collaborate closely with senior client stakeholders

Qualifications

• Master's degree in Finance, Risk Management, Economics, or Engineering.
• 3-6 years of experience in financial risk management within banking or risk consulting.
• Strong hands-on experience with credit risk, RWA, and capital requirement calculations within CRR and Basel III/IV.
• Solid understanding of end-to-end financial risk management frameworks, governance, reporting, and regulatory interactions.
• Good knowledge of BCBS 239, risk data aggregation, and regulatory reporting with SQL and data analysis skills.
• Ability to translate complex regulatory topics into clear insights for clients.
• Demonstrated consulting project experience across institutions and benchmarking.
• Fluency in French and Dutch, with English proficiency.

Responsibilities

• Advise banks on financial risk management across the risk lifecycle, focusing on credit risk, RWA, capital adequacy, and regulatory capital requirements under CRR and Basel III/IV.
• Contribute to assessment and enhancement of end-to-end risk frameworks, governance, risk appetite, capital planning, and regulatory reporting.
• Translate regulatory requirements into practical risk calculation, implementation, and governance solutions.
• Develop, review, and validate risk, capital, and exposure calculations with BCBS 239 principles.
• Support risk data aggregation, reporting, and data governance initiatives using SQL-based analysis.
• Collaborate on broader topics like stress testing, capital planning, credit risk modelling, and liquidity/balance-sheet risk.
• Deliver client-facing consulting services including benchmarking, deliverables, and presentations to senior stakeholders.

Skills

Credit risk

RWA

Regulatory reporting

SQL

Data analysis

Capital adequacy

Governance

BCBS 239

English proficiency

French & Dutch (passive)

Education

Master's degree in Finance / Risk Management / Economics / Engineering

Tools

SQL

Job description

Expert Consultant - Finance & Risk in Financial Services

NORRIQ is an international group based in Denmark and Belgium, comprised of over 350 consultants dedicated to unlocking the full business potential of companies through technology and digital transformation. Our Financial Services practice is rapidly growing, with over 100 consultants focused exclusively on assisting banks and insurance companies in redesigning their operations to meet changing client expectations, adopt new technologies, and adhere to evolving regulations such as DORA, RIS, AI Act, AML, and KYC.

Role Overview

Join us as a Senior Consultant in Financial Risk Management and support leading banks in addressing complex financial and credit risk challenges across the risk lifecycle. You will contribute to end-to-end financial risk management engagements, with a strong focus on capital adequacy, Risk Weighted Assets (RWA), credit risk, and regulatory compliance. The role combines qualitative risk expertise, strong data capabilities, and a consulting mindset, with direct exposure to senior client stakeholders.

Key Responsibilities

• Advise banks on financial risk management across the risk lifecycle, with a primary focus on credit risk, RWA, capital adequacy, and regulatory capital requirements under CRR and Basel III / Basel IV.
• Contribute to the assessment and enhancement of end-to-end risk frameworks, including risk methodologies, governance, risk appetite, capital planning, and regulatory reporting, in collaboration with client risk and finance functions.
• Interpret and translate regulatory requirements (Basel III / IV, CRR, ECB expectations) into practical risk calculation, implementation, and governance solutions, including challenges related to evolving regulatory standards.
• Develop, review, and validate risk, capital, and exposure calculations, ensuring consistency, accuracy, and traceability in line with BCBS 239 principles and regulatory expectations.
• Support risk data aggregation, reporting, and data governance initiatives, leveraging strong data affinity and SQL-based analysis to enhance data quality, lineage, and transparency.
• Contribute to broader financial risk topics depending on project context, such as stress testing, capital planning, credit risk modelling, or interactions with liquidity and balance-sheet risk topics.
• Deliver consulting services across multiple banks, including benchmarking, preparation of client deliverables, and presentations, supporting senior stakeholders in decision-making.

Qualifications

• Master's degree in Finance, Risk Management, Economics, or Engineering
• 3-6 years of experience in financial risk management within the banking sector or a risk consulting environment.
• Strong hands-on experience with credit risk, RWA, and capital requirement calculations, within the CRR and Basel III / Basel IV framework.
• Solid understanding of end-to-end financial risk management frameworks, including governance, capital adequacy, risk reporting, and regulatory interactions.
• Good knowledge of BCBS 239, risk data aggregation principles, and regulatory reporting, with proven SQL and data analysis skills.
• Ability to translate complex regulatory topics into clear, structured insights for client audiences.
• Demonstrated consulting project experience, including working across institutions and applying benchmarking and best practices.
• Fluency in French and Dutch, with at least a passive knowledge of the other language; professional working proficiency in English.
• Strong analytical mindset, attention to detail, and collaborative working style.

Our NORRIQ Offer to You

• Be part of an international company with a unique people culture that thrives on excellence and innovation.
• Enjoy a competitive salary package inclusive of a company car, iPhone, and various allowances.
• Engage in continuous learning with extensive training in Belgium and Denmark covering technical and soft skills, along with project management.
• Work within a vibrant, forward-thinking team that embraces technological advancements and pioneering ideas.
• Experience an environment that fosters personal and professional growth, offering creative freedom and a collaborative family atmosphere.

The Opportunity

As our department grows, your role will be crucial in shaping the future of financial services. Embrace emerging trends and contribute to the evolution of the financial landscape through your expertise in finance and risk.