Credit Risk Modeller

Harnham; Greater London; On-site; GBP 90,000 - 110,000; Full time

Benefits offered by this job

Opportunity to lead high-impact projects

Exposure to diverse credit portfolios

Collaborative work environment

Job summary

Harnham is seeking a Senior Credit Risk Modeller for a 6-month FTC in London. You will lead the redesign and enhancement of credit risk models, ensuring compliance with regulatory requirements. This hands-on role allows for significant ownership across technical delivery and stakeholder engagement.

Key responsibilities include managing model lifecycle processes and collaborating with various teams. Strong experience in developing credit risk models and proficiency in Python or R are essential.

Qualifications

• Strong experience developing credit risk models like scorecards and stress testing.
• Solid understanding of key risk metrics.
• Proficiency in Python or R for modelling and data analysis.

Responsibilities

• Lead redevelopment of credit risk rating and stress testing models.
• Design and implement expected loss frameworks across portfolios.
• Enhance model risk sensitivity and improve overall model performance.

Skills

Developing credit risk models

Understanding of PD, LGD and EAD

Proficiency in Python or R

Experience with large datasets

Communication of technical concepts

Tools

SQL

Excel

Job description

Senior Credit Risk Modeller (6 month FTC)

Salary: 100k salary Pro-rated

Location + work pattern

London - 4 days per week in office (with some flexibility)

The Company

This organisation is a growing, niche lender operating across multiple product lines including property and asset finance. With a strong focus on risk management and regulatory alignment, they are investing heavily in modernising their credit modelling capabilities and governance frameworks.

The Role

You will take the lead on redesigning and enhancing a suite of credit risk models, ensuring they are robust, compliant, and aligned with evolving regulatory requirements. This is a hands‑on role with significant ownership across both technical delivery and stakeholder engagement.

• Leading redevelopment of credit risk rating, ICAAP and stress testing models
• Designing and implementing PD, LGD and expected loss frameworks across portfolios
• Enhancing model risk sensitivity and improving overall model performance
• Managing model lifecycle processes including testing, documentation, and governance
• Collaborating with risk, finance, and lending teams to ensure models are understood and effectively utilised

Your skills and experience

• Strong experience developing credit risk models (e.g. scorecards, stress testing, ICAAP, or IFRS 9 models)
• Solid understanding of key risk metrics including PD, LGD and EAD
• Proficiency in Python or R for modelling and data analysis
• Experience working with large datasets and data tools (e.g. SQL, Excel)
• Ability to communicate technical concepts clearly to non-technical stakeholders

The Benefits

• Opportunity to lead a high-impact modelling transformation project
• Exposure to a broad range of credit portfolios and risk frameworks
• Collaborative and evolving risk function environment

The Process

• Initial interview
• Technical assessment / case study
• Final stage interview
• Offer!

How to apply

Please register your interest via the apply link on this page.