Credit Risk IRB

JCW; Köln; Remote; EUR 70.000 - 100.000; Vollzeit

Zusammenfassung

A leading consultancy firm is seeking a Wholesale IRB Credit Risk Consultant to develop and validate credit risk models for banking clients. This role involves ensuring compliance with regulatory requirements and improving risk management frameworks. The ideal candidate will have 5–10 years of experience in management consulting, strong programming skills, and a solid understanding of financial regulations. The position offers the opportunity to work on international projects and contribute to innovative methodologies in risk management.

Leistungen

Autonomy and ownership of client projects

International projects

Competitive salary and benefits package

Flexible work options

Qualifikationen

• 5–10 years of experience in management consulting within financial services.
• Hands-on experience in Wholesale IRB credit risk model development.
• Fluency in English; additional languages are a plus.

Aufgaben

• Develop and enhance Wholesale IRB credit risk models (PD, LGD, EAD).
• Collaborate with clients to ensure models meet Basel III and CRR / CRD IV regulations.
• Conduct model validation and regulatory reporting.

Kenntnisse

Analytical skills

Quantitative skills

Programming in Python

Programming in SAS

Programming in R

Understanding of Basel III

Understanding of CRR / CRD IV

Ausbildung

Degree in mathematics, economics, industrial engineering, or similar

Jobbeschreibung

JCW are working with a dynamic, boutique consultancy firm that specializes in risk, finance, and strategy within the banking and financial services industry across the globe.

Location : remote from the Netherlands or Germany

Role Overview : As a Wholesale IRB Credit Risk Consultant, you will play a critical role in developing and validating IRB credit risk models for banking clients, with a strong focus on PD, LGD, and EAD models. You will also be responsible for helping clients meet the latest regulatory requirements and improving their risk management frameworks, working closely with senior consultants and clients to deliver practical and sustainable solutions.

Key Responsibilities :

• Develop and enhance Wholesale IRB credit risk models (PD, LGD, EAD).
• Use programming languages such as Python, SAS, and R to build and refine models.
• Collaborate with clients to ensure models meet Basel III and CRR / CRD IV regulations.
• Provide insights and support in stress testing, capital management, and ICAAP / ILAAP processes.
• Assist clients in navigating PRA and ECB supervision requirements.
• Conduct model validation and regulatory reporting.
• Support strategic planning and risk appetite / limiting initiatives.
• Work in a cross-functional, collaborative environment, leveraging your experience to influence clients and stakeholders across different teams and disciplines.

What We’re Looking For :

• 5–10 years of experience in management consulting within the financial services or banking industry, with a focus on credit risk or risk modelling.
• Hands-on experience in Wholesale IRB credit risk model development, including PD, LGD, and EAD models.
• Strong programming experience in Python, SAS, R, or SQL.
• In-depth understanding of Basel III, CRR, CRD IV, and other relevant regulations in financial services.
• Strong analytical and quantitative skills with a solid background in mathematics, economics, industrial engineering, or a similar quantitative field.
• Experience in ICAAP / ILAAP, stress testing, capital management, and related financial risk processes is a plus.
• Fluency in English is required; additional languages (German, Spanish) are a plus.

What’s in it for You :

• Autonomy and ownership of client projects with the chance to significantly influence model development and regulatory strategies.
• International Projects.
• The opportunity to work with industry experts and contribute to cutting-edge methodologies in risk management.
• A dynamic, people-driven culture where everyone has the chance to contribute to the growth and success of the firm.
• Competitive salary and benefits package with flexible work options.