Credit Risk Senior Manager - UK
Credit Risk Senior Manager - UK

Credit Risk Senior Manager - UK

Leeds Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead advisory projects in credit risk for banks, developing and validating models.
  • Company: 4most is a dynamic consultancy redefining the industry with a focus on innovation and diversity.
  • Benefits: Enjoy 25 days holiday, annual bonuses, and wellness perks like gym memberships and private health insurance.
  • Why this job: Join a top-rated company where your unique contributions are valued and rewarded in a fun environment.
  • Qualifications: 8+ years in risk or analytics, with strong leadership and technical skills in financial risk management.
  • Other info: Hybrid work model with opportunities for professional development and a supportive team culture.

The predicted salary is between 43200 - 72000 £ per year.

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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

    #J-18808-Ljbffr

    Credit Risk Senior Manager - UK employer: 4most

    At 4most, we pride ourselves on being an exceptional employer that champions individual growth and innovation within a vibrant and diverse work culture. With a strong focus on employee wellbeing, we offer generous benefits including a flexible holiday scheme, professional development sponsorship, and a supportive environment where your contributions are valued and rewarded. Our recognition as the Best Company to Work For at the 2023 Credit Strategy Awards reflects our commitment to fostering a collaborative atmosphere where every team member can thrive and make a meaningful impact in the credit risk sector.
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    Contact Detail:

    4most Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Credit Risk Senior Manager - UK

    ✨Tip Number 1

    Network with professionals in the credit risk field, especially those who work at 4most or similar firms. Attend industry events, webinars, and workshops to connect with potential colleagues and learn more about the company culture.

    ✨Tip Number 2

    Familiarise yourself with the latest trends and regulations in credit risk management, particularly IRB and IFRS9. Being well-versed in these areas will not only boost your confidence but also demonstrate your commitment to staying updated in the field.

    ✨Tip Number 3

    Prepare to discuss your leadership experience and how you've successfully guided teams in previous roles. Highlight specific projects where you made a significant impact, as this aligns with 4most's emphasis on individual contributions.

    ✨Tip Number 4

    Showcase your technical skills in data processing and analysis during conversations. Be ready to discuss your experience with tools like Python, SAS, SQL, or R, as these are crucial for the role and will set you apart from other candidates.

    We think you need these skills to ace Credit Risk Senior Manager - UK

    Credit Risk Modelling
    IRB and IFRS 9 Expertise
    Stress Testing Methodologies
    Data Processing and Analysis
    Python, SAS, SQL, or R Proficiency
    Regulatory Knowledge (UK/European Prudential Regulation)
    Model Validation and Implementation
    Team Leadership and Project Management
    Strong Verbal and Written Communication
    Attention to Detail
    Continuous Improvement Mindset
    Client Engagement and Presentation Skills
    Problem-Solving Skills
    Adaptability in a Consultancy Environment

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights your 8+ years of experience in risk, analytics, or data science. Emphasise your leadership skills and specific projects related to credit risk models, IRB, IFRS 9, and stress testing.

    Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your background aligns with their values of innovation and teamwork, and mention any relevant awards or recognitions you've received.

    Showcase Technical Skills: Clearly outline your technical expertise in financial risk management and your proficiency with tools like Python, SAS, SQL, or R. Provide examples of how you've processed large datasets and improved data quality in previous roles.

    Demonstrate Communication Skills: Highlight your ability to communicate complex topics simply. Include examples of presentations or discussions you've led with senior management, showcasing your strong verbal and written communication skills.

    How to prepare for a job interview at 4most

    ✨Showcase Your Technical Expertise

    As a Senior Manager in Credit Risk, it's crucial to demonstrate your deep technical knowledge in financial risk management. Be prepared to discuss your experience with IRB, IFRS 9, and stress testing models, as well as your proficiency in data processing tools like Python, SAS, SQL, or R.

    ✨Communicate Clearly and Effectively

    Strong communication skills are essential for this role. Practice breaking down complex topics into simple ideas, as you will need to present findings to senior management. Use clear examples from your past experiences to illustrate your points during the interview.

    ✨Emphasise Team Leadership and Collaboration

    Highlight your experience in leading teams and delivering projects. Discuss how you've guided colleagues and collaborated with client teams on advisory projects. This will show that you value teamwork, which aligns with the company's culture.

    ✨Demonstrate Your Passion for Continuous Improvement

    4most values individuals who are driven by continuous improvement and attention to detail. Share specific examples of how you've implemented improvements in your previous roles, particularly in credit risk processes or model validation, to showcase your commitment to excellence.

    Credit Risk Senior Manager - UK
    4most
    4
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