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- Tasks: Lead client projects on Loss Given Default modelling for wholesale portfolios.
- Company: Join a fast-growing consultancy focused on credit risk advisory for top banks.
- Benefits: Enjoy a hybrid working model and a salary up to £110,000.
- Why this job: Be part of a dynamic team with clear progression and impactful projects.
- Qualifications: 5+ years in credit risk with expertise in IRB LGD modelling required.
- Other info: Mentorship opportunities available for junior staff.
The predicted salary is between 66000 - 88000 £ per year.
Job Description
A fast-growing, specialist consultancy is looking for an experienced Manager to support the delivery of high-profile credit risk projects, with a focus on IRB LGD modelling for wholesale portfolios.
This is an excellent opportunity to join a dynamic team delivering regulatory and technical advisory work to leading banks and financial institutions.
The Role
You will lead client-facing engagements focused on Loss Given Default (LGD) modelling under the Internal Ratings-Based (IRB) approach. This includes model development, validation, and governance projects in line with evolving regulatory expectations.
Key Responsibilities
- Deliver and oversee LGD model development or validation for wholesale portfolios
- Ensure alignment with PRA, ECB, and Basel requirements
- Engage with stakeholders and contribute to project planning and delivery
- Support internal capability development and mentor junior staff
Candidate Profile
- 5+ years of experience in credit risk, with a strong focus on IRB LGD for wholesale portfolios
- Experience in model development and/or independent validation
- Strong understanding of relevant regulatory frameworks
- Confident communicator with strong project delivery skills
What’s on Offer
- Salary up to £110,000
- Hybrid working model
- Opportunity to work on Tier 1 client projects
- Supportive and collaborative team culture
- Clear progression path in a growing consultancy
Wholesale Credit Risk Manager employer: Leadenhall Search & Selection
Contact Detail:
Leadenhall Search & Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Wholesale Credit Risk Manager
✨Tip Number 1
Network with professionals in the credit risk field, especially those who have experience with IRB LGD modelling. Attend industry events or webinars to connect with potential colleagues and learn about their experiences.
✨Tip Number 2
Familiarise yourself with the latest regulatory frameworks such as PRA, ECB, and Basel requirements. Being well-versed in these regulations will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss specific projects you've worked on that involved LGD model development or validation. Highlight your role in these projects and how you contributed to their success, as this will showcase your hands-on experience.
✨Tip Number 4
Practice your communication skills, as you'll need to engage with various stakeholders. Consider mock interviews or discussions with peers to refine your ability to convey complex information clearly and confidently.
We think you need these skills to ace Wholesale Credit Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in credit risk, particularly focusing on IRB LGD modelling. Use specific examples from your past roles that demonstrate your expertise and achievements in this area.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this consultancy. Emphasise your relevant experience, particularly in model development and validation, and how it aligns with the company's focus on regulatory advisory work.
Highlight Regulatory Knowledge: In your application, showcase your understanding of regulatory frameworks such as PRA, ECB, and Basel requirements. This will demonstrate your capability to engage with stakeholders effectively and contribute to project planning.
Showcase Communication Skills: Since the role requires confident communication, include examples in your application that illustrate your ability to lead client-facing engagements and mentor junior staff. This could be through previous project experiences or team leadership roles.
How to prepare for a job interview at Leadenhall Search & Selection
✨Showcase Your Expertise in Credit Risk
Make sure to highlight your 5+ years of experience in credit risk, particularly focusing on IRB LGD modelling. Be prepared to discuss specific projects you've worked on and how they align with the requirements of the role.
✨Understand Regulatory Frameworks
Familiarise yourself with the PRA, ECB, and Basel requirements as they relate to LGD modelling. Demonstrating a strong understanding of these frameworks will show that you are well-prepared for the challenges of the role.
✨Prepare for Client Engagement Scenarios
Since the role involves leading client-facing engagements, think of examples where you've successfully communicated complex concepts to stakeholders. Practice articulating your thoughts clearly and confidently.
✨Emphasise Team Collaboration and Mentorship
The consultancy values a supportive team culture, so be ready to discuss your experience in mentoring junior staff and contributing to team projects. Highlight any instances where you've fostered collaboration within a team setting.
