Credit Risk Modelling Consultant: Lead with Python

Technology & Risk Recruitment; Greater London; On-site; GBP 42,000 - 62,000; Full time

Job summary

Technology & Risk Recruitment is seeking a Credit Risk Modelling Consultant in London to work on early-career credit risk projects for UK lenders. The role focuses on building, testing and validating models across IFRS 9, IRB, scorecards and model validation, with exposure to data engineering and applied AI.

You will develop in PD, LGD, EAD and ECL modelling, pulling complex lending data, scripting in Python, and querying with SQL.

Qualifications

• ~2-3 years of relevant experience within credit risk, analytics, data science or quantitative research.
• Hands-on experience in at least one of IFRS 9, IRB, credit scorecards or model validation.
• Strong quantitative degree in Mathematics, Statistics, Econometrics, Physics, Engineering, Computer Science, Finance or a related discipline.
• Strong practical Python skills.
• Working knowledge of SQL.
• Strong statistical and quantitative modelling skills.
• Ability to independently deliver pieces of analytical/model development work.
• Clear written and verbal communication skills.
• Genuine interest in lending, credit risk and financial regulation.
• Able to work from the Central London office 5 days per week.

Responsibilities

• Building, testing, calibrating and documenting credit risk models.
• Working across PD, LGD, EAD and ECL modelling.
• Supporting IFRS 9, IRB, scorecard and model validation projects.
• Preparing and analysing complex lending datasets.
• Developing high-quality, reusable analysis in Python.
• Querying and reconciling client data using SQL.
• Performing back-testing, benchmarking and model monitoring.
• Owning individual workstreams with support from senior colleagues.
• Working directly with client analysts and model owners.
• Producing clear model documentation and presenting analytical findings.

Skills

Credit risk modelling

Python

SQL

Education

Quantitative degree (Mathematics/Statistics/Econometrics/Physics/Engineering/CS/Finance)

Tools

Git

SAS

R

Cloud platforms (AWS/Azure/GCP)

Job description

Technology & Risk Recruitment is seeking a Credit Risk Modelling Consultant in London to work on early-career credit risk projects for UK lenders. The role focuses on building, testing and validating models across IFRS 9, IRB, scorecards and model validation, with exposure to data engineering and applied AI.

You will develop in PD, LGD, EAD and ECL modelling, pulling complex lending data, scripting in Python, and querying with SQL.