At a Glance
- Tasks: Develop and validate credit risk models while analyzing large datasets.
- Company: Join a fast-growing consultancy specializing in financial risk management.
- Benefits: Enjoy equity options, bonuses, and exposure to top-tier financial institutions.
- Why this job: Be part of an entrepreneurial culture with career growth and innovative projects.
- Qualifications: 2-4 years in credit risk modeling; strong knowledge of IFRS9 and IRB frameworks required.
- Other info: Ideal for talented quantitative risk professionals seeking dynamic opportunities.
The predicted salary is between 43200 - 72000 £ per year.
This range is provided by Bailey & French. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Compensation: Up to £60,000 fixed + Share Options + Bonus
About Us
We are a rapidly growing consultancy specializing in financial risk management, offering innovative and cutting-edge solutions to our clients in banking and financial services. As we expand, we are looking for talented individuals to join our team and contribute to our success.
The Role
We are seeking a Quantitative Credit Risk Consultant to support our clients in the development and validation of credit risk models, focusing on IFRS9 and IRB frameworks. This role offers a dynamic environment, exposure to top-tier financial institutions, and the opportunity to shape the future of a high-growth consultancy.
Key Responsibilities
- Develop, validate, and enhance IFRS9 and IRB credit risk models.
- Analyze large datasets and apply statistical techniques to assess model performance.
- Work closely with clients to understand their regulatory and risk management needs.
- Contribute to technical documentation and regulatory submissions.
- Stay up to date with regulatory developments and best practices in credit risk modeling.
Requirements
- 2-4 years of experience in credit risk modeling within a bank or consultancy .
- Strong knowledge of IFRS9 and IRB models (model development or validation).
- Proficiency in programming languages such as Python, R, or SAS .
- Experience working with large datasets and statistical techniques.
- Strong communication skills and the ability to engage with clients.
- A degree in mathematics, statistics, finance, or a related field .
Why Join Us?
- Equity/share options – Be part of our growth journey and benefit from our success.
- Exposure to high-profile financial institutions and challenging projects.
- A fast-paced, entrepreneurial culture with career progression opportunities.
- A supportive, collaborative environment that values innovation and expertise.
If you’re a talented quantitative risk professional looking for an exciting opportunity in a high-growth environment, we’d love to hear from you!
Seniority level
Associate
Employment type
Full-time
Job function
Consulting and Analyst
Industries
Business Consulting and Services and Financial Services
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Credit risk consultant employer: Bailey & French
Contact Detail:
Bailey & French Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit risk consultant
✨Tip Number 1
Make sure to showcase your experience with IFRS9 and IRB models during networking events or informational interviews. This will help you connect with industry professionals who can provide insights and potentially refer you to opportunities.
✨Tip Number 2
Engage in online forums and communities focused on credit risk modeling. Sharing your knowledge and asking questions can help you build a network of contacts who may know about job openings at consultancies like ours.
✨Tip Number 3
Stay updated on the latest regulatory developments in credit risk management. Being knowledgeable about current trends will not only enhance your discussions with potential employers but also demonstrate your commitment to the field.
✨Tip Number 4
Consider reaching out directly to our team or other professionals in the consultancy space via LinkedIn. A personalized message expressing your interest in the role can make a strong impression and increase your chances of being noticed.
We think you need these skills to ace Credit risk consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in credit risk modeling, particularly with IFRS9 and IRB frameworks. Use specific examples to demonstrate your skills in programming languages like Python, R, or SAS.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for quantitative risk consulting. Mention your relevant experience and how it aligns with the company's goals. Be sure to express your enthusiasm for working in a fast-growing consultancy.
Highlight Relevant Skills: In your application, emphasize your strong communication skills and ability to engage with clients. Discuss your experience analyzing large datasets and applying statistical techniques, as these are crucial for the role.
Stay Updated on Industry Trends: Demonstrate your knowledge of current regulatory developments and best practices in credit risk modeling. This shows your commitment to the field and can set you apart from other candidates.
How to prepare for a job interview at Bailey & French
✨Showcase Your Technical Skills
Be prepared to discuss your experience with IFRS9 and IRB models in detail. Highlight specific projects where you developed or validated credit risk models, and be ready to explain the statistical techniques you used.
✨Demonstrate Your Analytical Abilities
Since the role involves analyzing large datasets, come equipped with examples of how you've successfully handled data analysis in previous roles. Discuss the programming languages you're proficient in, such as Python, R, or SAS, and how you've applied them.
✨Engage with Clients
Strong communication skills are essential for this position. Prepare to share experiences where you effectively engaged with clients to understand their regulatory and risk management needs. This will show your ability to build relationships and provide tailored solutions.
✨Stay Updated on Regulatory Changes
The consultancy values staying current with regulatory developments. Be ready to discuss recent changes in credit risk modeling regulations and how they might impact your work. This demonstrates your commitment to continuous learning and expertise in the field.