Senior Manager Wholesale IRB Credit Risk Consultant

JR United Kingdom; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An innovative management consultancy is seeking a Senior Manager for Wholesale IRB Credit Risk. This role offers a unique opportunity to lead challenging projects in the financial services sector, focusing on developing credit risk models. The firm values its people and fosters a collaborative culture, encouraging active participation in its growth. With a strong presence in key financial markets, this position not only promises career advancement but also the chance to impact the firm's success significantly. Join a dynamic team and contribute to shaping the future of credit risk management.

Qualifications

• Outstanding academic achievement, likely with a Master's Degree in a highly quantitative discipline.
• Strong Wholesale IRB experience, including IRB model development and relevant regulations.

Responsibilities

• Build risk management models and deliver excellent client outcomes in Wholesale IRB credit risk.
• Work on challenging projects with a focus on credit risk management solutions.

Skills

SAS

Python

R

SQL

Analytical Skills

Education

Master's Degree in Quantitative Discipline

Tools

pandas

pyspark

pytest

git

Job description

Social network you want to login/join with:

Senior Manager Wholesale IRB Credit Risk Consultant, London

Client:

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

2

Posted:

02.05.2025

Expiry Date:

16.06.2025

Job Description:

The Opportunity:

• This is a hugely exciting opportunity for a highly motivated, entrepreneurial, and commercially minded candidate seeking the next step in their Management Consulting career.
• Working for a growing, ambitious, and dynamic independent boutique consultancy, you will join a team of highly motivated colleagues with a common goal.
• The client is expanding their presence across leading financial jurisdictions, working with Wholesale banking clients in London. You will work on challenging projects and help grow their credit risk consulting expertise in Wholesale banking through developing Wholesale IRB Credit Risk models.
• The client partners with various Financial Service clients, including local full-service commercial banks and Challenger Banks, valuing outcome-oriented staff. Their staff are their differentiator, and this role offers an opportunity to participate actively in the firm's success.
• The primary focus will be on Wholesale IRB credit risk, utilizing hands-on modeling experience to build risk management models and deliver excellent client outcomes.

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 services industry related to risk management.
• Strong Wholesale IRB experience, including IRB model development, understanding of IRB approval processes, and relevant regulations like PRA/ECB supervision.
• Hands-on experience in IRB credit risk model building and validation, with deep technical knowledge of modeling, validation techniques, and regulatory requirements.
• Proficiency in programming languages such as SAS, Python, R, SQL, with familiarity with frameworks like pandas, pyspark, pytest, and version control systems like git.
• Additional experience in ICAAP/ILAAP, risk appetite, stress testing, capital management, recovery/resolution, strategic planning, or pricing is advantageous.
• Strong analytical skills and an interest in quantitative topics.

My Client:

• A relatively young management consultancy with a global footprint and nearly 20 years of success, offering an influential senior position.
• People-driven culture encouraging staff participation in firm development.
• Presence in London, UAE, Germany, Spain, Middle East, Netherlands, South Africa, focusing on Credit Risk Management, modeling, data analytics, and validation.
• Works with innovative and ambitious financial services firms, providing tailored, risk-based solutions rather than traditional audit or review services.
• Offers excellent future career opportunities and primarily supports remote work, with on-site client work as needed.