Senior Manager Wholesale IRB Credit Risk Consultant

ZipRecruiter; London; Remote; GBP 60,000 - 90,000; Full time

Job summary

A leading boutique consultancy in London seeks a motivated candidate for a Management Consulting role focused on Wholesale IRB credit risk. The position offers the chance to work with a dynamic team and develop risk management models for financial clients. Ideal for career-minded professionals with strong quantitative skills and experience in the financial services sector.

Qualifications

• Experience in management consulting within financial services or banking.
• Extensive Wholesale IRB experience, including model development.

Responsibilities

• Build risk management models and deliver exceptional client outcomes.
• Develop Wholesale IRB Credit Risk models.

Skills

Quantitative Analysis

Analytical Skills

Education

Master’s Degree in a highly quantitative discipline

Tools

SAS

Python

R

SQL

Job description

Job Description

The Opportunity:

• This is an exciting opportunity for a highly motivated, entrepreneurial, and commercially minded candidate seeking the next step in their Management Consulting career.
• You will join a growing, ambitious, and dynamic independent boutique consultancy firm, working with a team of motivated colleagues with a common goal.
• My client is expanding its presence across leading financial jurisdictions, working with Wholesale banking clients in London to develop Wholesale IRB Credit Risk models and grow their credit risk consulting expertise.
• The firm partners with various Financial Service clients, including commercial banks and Challenger Banks, emphasizing outcome-oriented staff participation and success.
• The role primarily focuses on Wholesale IRB credit risk, utilizing hands-on modelling experience to build risk management models and deliver exceptional client outcomes.
• This position is suitable for career-minded professionals.

Your Experience:

• Outstanding academic achievement, likely with a Master’s Degree in a highly quantitative discipline.
• Experience in management consulting within financial services or banking, focusing on credit risk management solutions.
• A strong quantitative background with practical experience in the European financial industry’s risk management applications.
• Extensive Wholesale IRB experience, including model development, understanding of IRB approval processes, regulations, and familiarity with PRA/ECB supervision.
• Hands-on experience in IRB credit risk model building and validation, with deep technical knowledge of modelling, validation techniques, and regulatory requirements.
• Proficiency in programming and data structures such as SAS, Python, R, SQL, with familiarity in pandas/polars/pyspark, pytest, OOP principles, git, and frameworks like pydantic, pandera, sphinx.
• Additional advantageous experience includes ICAAP/ILAAP, risk appetite, stress testing, capital management, recovery/resolution, strategic planning, and pricing.
• Strong analytical skills and an interest in quantitative topics.

My Client:

• A management consultancy with a nearly 20-year track record and a global footprint, offering a senior and influential position.
• Staff participation in firm development is encouraged, emphasizing a people-driven culture.
• With offices in London, UAE, Germany, Spain, Middle East, Netherlands, and South Africa, the firm specializes in Credit Risk Management, modelling, data analytics, and validation.
• The firm works with innovative and forward-thinking financial services businesses, providing tailored, risk-based solutions and valuing staff expertise beyond audits.
• Excellent future career opportunities are available within their holistic client offerings.
• The firm primarily supports remote work, with on-site client work as needed.