Credit Risk Senior Manager - UK

4most; Leeds; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

4most, a consultancy firm specializing in credit risk, is seeking a Senior Manager to lead advisory projects with banks. The role covers developing and validating credit risk models, working on stress testing, and improving data quality in a hybrid working environment. Join a company recognized for its supportive culture and numerous awards, where your expertise will directly impact client success and strategic outcomes.

Benefits

25 days' holiday

Annual bonus

50% sponsorship towards relevant courses

Private health insurance

Mobile phone bill reimbursement

Pension matching contributions

Death-in-service life assurance

Electric Vehicle scheme

Cycle-to-work scheme

Qualifications

• 8+ years in risk, analytics, or data science.
• Experience leading teams and delivering projects.
• Deep technical experience in financial risk management.

Responsibilities

• Develop credit risk models for regulatory and business purposes.
• Validate and challenge models on design and performance.
• Stress testing and processing large credit risk datasets.

Skills

Risk Management

Data Processing

Team Leadership

Communication

Attention to Detail

Education

Professional Qualification or Higher Degree

Tools

Python

SAS

SQL

R

Job description

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Credit Risk Senior Manager - UK

Working at 4most

We are not your typical consultancy firm; our purpose is to redefine consulting by enabling all our people to flourish and excel. We have over 250 consultants working in credit risk, data, market risk, life insurance, and general insurance across multiple sites - London, Leeds, Edinburgh, Dublin, Amsterdam, Dubai, and Bengaluru. We value every individual's contribution to the success of the company, with colleagues owning a significant share of the business, and we have ambitious plans to grow even further.

As experts in our field, we are passionate about what we do and embrace diversity; we've created a fun and innovative environment where technical minds flourish. Individual success is not measured by the size of your team or the hours you work, but by the unique value you bring to the community. We want our people to think differently and challenge the status quo.

Our people are our biggest asset, having been voted the Best company to work for at the 2023 Credit Strategy Awards, Women in Credit Employer of the Year for 2023, and Best Management Consultancy Firm MEA Finance UAE 2022. Our awards speak for themselves. We reward teamwork and believe value should be shared with all who contribute.

What you'll do

As a Senior Manager at 4most, you'll work on advisory projects at banks, ranging from large global banks to regional banks and lenders. You will learn from, and work together with, other 4mosters and client teams on projects. Tasks could include the following, based on your expertise, experience, and interest:

• Developing credit risk models, used for regulatory and business purposes, with particular focus on IRB and IFRS9.
• Validating and challenging these models on areas such as model design, model performance, and model implementation.
• Stress testing exercises, ranging from operational execution to model development and validation.
• Processing large credit risk datasets and assessing or improving data quality.
• Integration of ESG across data, models (IRB, IFRS 9, stress testing), and risk processes.
• Interpretation and implementation of regulatory requirements and supervisory expectations.
• Remediation of supervisory findings (ECB/DNB).
• Presenting and discussing results with senior management.
• Ad-hoc assistance on business development activities, client events/roundtables, client meetings, workshops, pitching, drafting proposals, and creating marketing material.

Your background

• You bring 8+ years' experience in risk, analytics, or data science for banks, obtained by working for a bank, consulting firm, or regulatory body.
• You bring significant experience leading a team and delivering projects while providing guidance and leadership to colleagues.
• You have deep technical experience in financial risk management and hands-on experience in development, validation, and implementation of IRB, IFRS 9, or Stress Testing models.
• You are experienced with data processing and analyzing large datasets using Python, SAS, SQL, or R.
• You have detailed knowledge of UK or European prudential regulation and supervision at banks.
• You are a strong communicator both verbally and in writing, with the ability to break down complex topics into simple solutions and ideas.
• You have a good command of the English language.
• You are passionate about the business impact of analysis, driven by continuous improvement, and attention to detail.

Benefits

Salary dependent on experience plus:

• 25 days' holiday (Freedom holiday scheme).
• Annual bonus.
• 50% sponsorship towards relevant courses (professional qualification, Masters, PhD, etc.).
• Private health insurance.
• Juno (wellbeing platform):
• £50 per month to spend on anything to help with wellbeing (physical & mental).
• £50 per month to spend on anything fitness-specific: gym membership, yoga classes, fitness equipment, etc.
• Mobile phone bill reimbursed (up to a maximum of £40 per month).
• Pension (4most matches contributions between 3% and 6% of your basic salary).
• Death-in-service life assurance at 3x salary.
• IE protection.
• Electric Vehicle scheme.
• Cycle-to-work scheme.

Department: Credit Risk

Locations: Leeds, London, Edinburgh

Remote status: Hybrid

Job ID: 01FNFZ1GnSr8