Managing Consultant – Quantitative Risk Modelling

Finalyse; Amsterdam; Hybrid; EUR 95,000 - 135,000; Full time

Benefits offered by this job

Hybrid/remote options

Healthcare

Pension

Sustainable mobility options

International travel opportunities

Tailored technical training

Job summary

Finalyse in the Netherlands seeks a senior advisor in credit risk quantification to expand our banking risk advisory team. You will lead complex projects in IRB modelling, model validation and related regulatory work, while advising clients on risk frameworks and regulatory requirements.

We value strong quantitative backgrounds, international collaboration, and the ability to drive performance across engagements. Dutch language is a plus; hybrid/remote work options are available within Europe.

Qualifications

• Master's degree in econometrics, physics, mathematics, or applied economics with strong quantitative track record.
• At least 7–8 years of experience in Financial Services in the banking sector.
• Good knowledge of risk management frameworks (Economic Capital, Risk Appetite, Stress Testing).
• Hands-on experience in credit model development or validation (PD, LGD, EAD/CCF).
• Regulatory knowledge (CRR, CRD, IRB, IFRS9).
• Proficient in SAS, Python or R.

Responsibilities

• Lead complex projects in model development and/or validation.
• Act as SME on regulatory requirements and standards.
• Track new regulations and their impact on clients and markets.
• Build and maintain client relationships.
• Participate in non-regulatory ML/AI and data analytics projects.
• Support business development and internal initiatives.
• Prepare and present end-to-end proposals.
• Promote the company’s image through industry publications and events.

Education

Master's degree or higher in econometrics, physics, mathematics, or applied economics

Tools

SAS

Python

R

Job description

At Finalyse, for over 35 years, we have supported (re)insurance and banking clients in navigating changes and embracing innovations in valuation, risk management, and regulatory compliance. Our commitment to contributing to a sustainable and resilient financial system drives us every day. We empower our talented consultants to design and implement efficient, pragmatic solutions, fostering a collaborative spirit with partners and clients. Our unique blend of financial and technological expertise has been the cornerstone of numerous successful projects and enduring relationships.

We embrace diversity at Finalyse, recognising the unique strengths everyone brings, and we are committed to creating an inclusive working environment that respects diverse beliefs and backgrounds.

THE ROLE

We are looking for ambitious and dedicated senior advisor(s) in the area of credit risk quantification: credit modelling (IRB), model validation, economic capital, stress testing, credit pricing, etc. As a Managing Consultant, you will be partly responsible for expanding our banking risk advisory department in the Netherlands, advising our clients on issues such as IRB Modelling, TRIM remediation, Economic Capital and Stress Testing models, risk management frameworks and regulatory requirements.

RESPONSIBILITIES

• Leading complex projects together with a team of consultants in the areas of model development and/or validation.
• Acting as subject-matter expert on complex regulatory requirements and standards.
• Keeping track of new regulations and their impact on our clients and markets.
• Building and maintaining close relationships with our clients.
• Participating in non-regulatory modelling activities: Machine Learning, AI, Data analytics related projects.
• Participating in business development initiatives and internal projects.
• Preparing and presenting proposals to clients for end-to-end solutions.
• Raising and promoting the company’s image in the financial industry through publications in the Regbrief and participation in external conferences and networking events.

REQUIREMENTS

• Master's degree in econometrics, physics, mathematics, or applied economics with an academic track record in a quantitative field.
• A certification like FRM or PRM would be an advantage.
• At least 7-8 years of experience in Financial Services in the banking sector.
• Good knowledge of risk management frameworks (Economic Capital, Risk Appetite, Stress Testing and others).
• Good hands-on experience in the following areas: credit model development or model validation (PD, LGD, EAD/CCF etc.)
• Expertise in ICAAP and/or ILAAP reporting procedures, along with modelling of Pillar II risks such as liquidity risk, operational risk, strategic risk, etc.
• Relevant regulatory knowledge (e.g. CRR, CRD, IRB, IFRS9 etc.)
• Good command of specific packages like SAS, Python or R.
• Ability to work autonomously in a result-oriented environment.
• Very good communication, writing and presentation skills in English (Dutch is a plus).

WHY FINALYSE

• A meaningful role and mission contributing to the stability and responsible innovation of the financial sector.
• A diverse, multinational team of talented specialists and senior experts, committed to sharing knowledge, supporting each other, and driving collective success.
• A clear and flexible career path, with the freedom to shape your own specialization and grow quickly in a flat, agile organization.
• Personalised development through tailored technical training, recognised certifications, and continuous learning.
• A healthy work culture and environment that values wellbeing, work-life balance, and sustainable consulting practices.
• Flexible ways of working with hybrid/remote options, trust-based autonomy, and openness to part-time arrangements.
• A competitive compensation and benefits package, including healthcare, pension, and sustainable mobility options, etc.
• International exposure and opportunities to travel and work with clients and colleagues across Europe and beyond.
• Innovation and thought leadership opportunities, including internal initiatives, research groups, and access to modern tools and structured methodologies.