UK | Credit Risk Specialist

True North Partners LLP; Greater London; On-site; GBP 90,000 - 120,000; Full time

Job summary

True North Partners LLP in London seeks a technically strong Credit Risk Specialist with UK and global exposure to strengthen our risk team. You will work on advanced analytics, model development and regulatory compliance to support client engagements.

The role requires 5–8 years in financial services consulting, hands-on IFRS 9/IRB work, and programming in Python, SAS, R and SQL, with a master’s degree in quantitative studies from a UK university.

Qualifications

• 5–8 years in management consulting for financial services or banking risk.
• Hands-on experience in IFRS 9 or IRB credit risk model development.
• Strong programming experience in Python, SAS, R or SQL.
• Thorough knowledge of local and international financial regulations.
• Quantitative background with risk management applications.

Responsibilities

• Strengthen the client risk management team with deep credit risk expertise.
• Develop and review models and methodologies for credit risk.
• Apply analytical approaches to capital management and risk appetite.
• Support ICAAP/ILAAP processes and stress testing efforts.

Skills

Credit risk

Analytical skills

Problem solving

English fluency

Education

Master’s degree in quantitative studies

Tools

Python

SAS

R

SQL

Job description

True North Partners LLP is an independent boutique consulting firm with a presence in Amsterdam, Dubai, Frankfurt, Johannesburg, Lisbon, London, Madrid, Singapore and Vienna. We have extensive global experience and industry recognition in the financial services, risk management, and finance communities.

True North Partners is uniquely distinct from typical consultancy firms due to the following:

Being a boutique consultancy firm focused on risk, finance, and strategy, we deliver innovative concepts and methodologies based on specialist experience and analytical backgrounds.

Working across multifaceted competencies, we overcome traditional silo thinking and offer client-specific solutions as well as sustainable implementation development strategies.

Being people-driven, we allow members of all levels to actively participate in the running and development of our firm.

What we offer

Our company is built for and around its people. It is part of our culture for each member of the firm to take part in the running and development of True North Partners, such as business development, marketing and management tasks. A sense of ownership for the firm is a central tenet of our overall behaviour. In particular, we offer:

Challenging projects with leading financial institutions around the globe, where we are at the forefront of innovation in products and methodologies

A motivating, inspiring and team-oriented work environment with co-workers from a variety of hemispheres and backgrounds

The opportunity to help shape a unique, professional environment with flat hierarchies and superior career opportunities

Competitive remuneration

Job requirements

We are looking for a technically strong Credit Risk Specialist with both UK and global exposure to strengthen our team:

5 - 8 years of experience in management consulting for financial services and /or banking industry (risk management, credit risk, risk modelling).

Hands-on experience in their field of specialism, whether IFRS 9 or IRB credit risk model development (i.e., beyond audit or review activities).

Experience in programming languages and data structures. Relevant programming languages include Python, SAS, R, SQL, etc.

Thorough knowledge of local and relevant international regulations in financial services.

Strong analytical skills and a quantitative background with an application to risk management in banking.

Additionally, experience in ICAAP/ILAAP, risk appetite/limiting, stress testing, capital management, recovery/resolution, strategic planning and/or pricing, etc. is an advantage.

Problem-solving skills and ability to see the bigger picture.

Strong academics, i.e. a master’s degreein quantitative studies, e.g. mathematics, industrial engineering, economics, orphysics from a UK university,is a must.

Fluent English – German or Spanish would be a plus.