At a Glance
- Tasks: Lead the redesign of credit risk models and enhance their performance.
- Company: A growing niche lender focused on modernising credit modelling capabilities.
- Benefits: Competitive salary, collaborative environment, and exposure to diverse credit portfolios.
- Other info: Flexible work pattern with opportunities for professional growth.
- Why this job: Make a significant impact in a high-stakes modelling transformation project.
- Qualifications: Experience in credit risk modelling and proficiency in Python or R.
The predicted salary is between 100000 - 100000 £ per year.
This organisation is a growing, niche lender operating across multiple product lines including property and asset finance. With a strong focus on risk management and regulatory alignment, they are investing heavily in modernising their credit modelling capabilities and governance frameworks.
You will take the lead on redesigning and enhancing a suite of credit risk models, ensuring they are robust, compliant, and aligned with evolving regulatory requirements. This is a hands-on role with significant ownership across both technical delivery and stakeholder engagement.
- Leading redevelopment of credit risk rating, ICAAP and stress testing models
- Designing and implementing PD, LGD and expected loss frameworks across portfolios
- Enhancing model risk sensitivity and improving overall model performance
- Managing model lifecycle processes including testing, documentation, and governance
- Collaborating with risk, finance, and lending teams to ensure models are understood and effectively utilised
Your skills and experience:
- Strong experience developing credit risk models (e.g. scorecards, stress testing, ICAAP, or IFRS 9 models)
- Solid understanding of key risk metrics including PD, LGD and EAD
- Proficiency in Python or R for modelling and data analysis
- Experience working with large datasets and data tools (e.g. SQL, Excel)
- Ability to communicate technical concepts clearly to non-technical stakeholders
The Benefits:
- Opportunity to lead a high-impact modelling transformation project
- Exposure to a broad range of credit portfolios and risk frameworks
- Collaborative and evolving risk function environment
The Process:
- Initial interview
- Technical assessment / case study
- Final stage interview
- Offer!
How to apply: Please register your interest via the apply link on this page.
Credit Risk Modeller employer: Harnham
This organisation is an excellent employer, offering a dynamic work environment in London that fosters collaboration and innovation. With a strong commitment to employee growth, you will have the opportunity to lead impactful projects in credit risk modelling while enjoying a flexible work pattern. The company prioritises modernisation and compliance, ensuring that you are at the forefront of industry advancements in a supportive and engaging culture.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Modeller
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Harnham.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Harnham might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Credit Risk Modeller
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Harnham will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Harnham. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Harnham confidence in your short-term commitment to the role.
How to prepare for a job interview at Harnham
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Harnham.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Harnham that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
