At a Glance
- Tasks: Lead credit risk modeling projects and develop innovative solutions for financial institutions.
- Company: Join a global consulting firm known for its expertise in finance, risk, and strategy.
- Benefits: Enjoy competitive pay, a motivating team environment, and opportunities for career growth.
- Why this job: Be part of a dynamic team shaping the future of risk management with innovative projects.
- Qualifications: 5-10 years in consulting, strong analytical skills, and a master's degree in quantitative studies required.
- Other info: Fluent English and German at C1 level is essential; experience with programming languages like Python is a plus.
The predicted salary is between 54000 - 84000 £ per year.
Exciting opportunities have arisen to join an independent global consulting firm recognised for specialising in finance, risk and strategy. They seeking to strengthen their consulting team with entrepreneurial and dynamic talent at Senior Manager level.
The opportunities will help shape a unique and professional environment with fantastic career prospects.
·5 – 10 years of experience in management consulting for financial services and /or banking industry (risk management, credit risk, risk modelling).
·Hands-on experience in 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, especially in the context of PRA/ECB supervision.
·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. as an advantage.
·Problem-solving skills and ability to see the bigger picture.
·Strong communication skills.
·Strong academics i.e. a master’s degree in quantitative studies e.g. mathematics, industrial engineering, economics, physics is a must.
·Fluent English and German at C1 Level
The company is built for and around its people – they try to find individual setups that work for both sides. A sense of ownership for the firm is a central tenet of their overall behaviour. In particular, they offer:
·Challenging projects with leading financial institutions around the globe, where they 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
IRB Credit Risk Modelling Senior Manager employer: Datatech Analytics
Contact Detail:
Datatech Analytics Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IRB Credit Risk Modelling Senior Manager
✨Tip Number 1
Make sure to highlight your hands-on experience in IRB credit risk model development during networking events or conversations. This is a key requirement for the role, and demonstrating your practical knowledge can set you apart from other candidates.
✨Tip Number 2
Familiarize yourself with the latest trends and regulations in financial services, especially those related to PRA/ECB supervision. Being well-versed in these areas will not only boost your confidence but also show your commitment to staying updated in the field.
✨Tip Number 3
Engage with professionals in the industry through platforms like LinkedIn. Join relevant groups and participate in discussions about risk management and credit risk modelling to expand your network and gain insights that could be beneficial during interviews.
✨Tip Number 4
Prepare to discuss your problem-solving skills and how you've applied them in previous roles. The ability to see the bigger picture is crucial for this position, so think of specific examples that showcase your analytical thinking and strategic planning capabilities.
We think you need these skills to ace IRB Credit Risk Modelling Senior Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your 5-10 years of experience in management consulting, particularly in the financial services and banking industry. Emphasize your hands-on experience with IRB credit risk model development and relevant programming languages like Python, SAS, R, or SQL.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your analytical skills and quantitative background align with the requirements, and mention any specific projects that demonstrate your problem-solving abilities in risk management.
Showcase Relevant Experience: When detailing your work experience, focus on your knowledge of local and international regulations in financial services, especially regarding PRA/ECB supervision. Highlight any experience you have with ICAAP/ILAAP, stress testing, and capital management.
Language Proficiency: Since fluency in English and German at C1 level is required, ensure to mention your language skills prominently in your application. If possible, provide examples of how you've used these languages in a professional context.
How to prepare for a job interview at Datatech Analytics
✨Showcase Your Technical Skills
Make sure to highlight your hands-on experience with IRB credit risk model development and your proficiency in programming languages like Python, SAS, R, and SQL. Be prepared to discuss specific projects where you applied these skills.
✨Demonstrate Your Analytical Abilities
Prepare examples that showcase your strong analytical skills and quantitative background. Discuss how you've applied these skills in risk management scenarios, particularly in the banking sector.
✨Understand Regulatory Frameworks
Familiarize yourself with local and international regulations relevant to financial services, especially those related to PRA/ECB supervision. Be ready to discuss how these regulations impact credit risk modeling and management.
✨Communicate Effectively
Since strong communication skills are essential for this role, practice articulating your thoughts clearly and concisely. Be prepared to explain complex concepts in a way that is understandable to non-experts.