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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 competitive 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.
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
Stay updated on the latest regulatory changes from PRA, ECB, and Basel. This knowledge will not only enhance your understanding but also demonstrate your commitment to the role during interviews.
✨Tip Number 3
Prepare to discuss specific projects where you have led LGD model development or validation. Be ready to share insights on challenges faced and how you overcame them, showcasing your project delivery skills.
✨Tip Number 4
Consider reaching out to current or former employees of the consultancy to gain insights into their culture and expectations. This can help you tailor your approach and show that you’re a good fit for their team.
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.
Showcase Your Communication Skills: In your application, provide examples of how you've effectively communicated complex credit risk concepts to stakeholders. This is crucial for the role, so highlight any relevant experiences where you led client engagements or mentored junior staff.
Highlight Regulatory Knowledge: Demonstrate your understanding of regulatory frameworks such as PRA, ECB, and Basel in your application. Mention any specific projects where you ensured compliance with these regulations, as this will show your capability to meet the expectations of the role.
How to prepare for a job interview at Leadenhall Search & Selection
✨Showcase Your Technical Expertise
Make sure to highlight your experience with IRB LGD modelling during the interview. Be prepared to discuss specific projects you've worked on, including model development and validation, as this will demonstrate your technical proficiency and understanding of regulatory frameworks.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about how you would approach model governance or stakeholder engagement in challenging situations, and be ready to articulate your thought process clearly.
✨Demonstrate Leadership and Mentorship Skills
Since the role involves mentoring junior staff, be prepared to discuss your leadership style and any previous experiences where you've guided or developed others. This will show your potential employer that you can contribute to internal capability development.
✨Research the Company and Its Clients
Familiarise yourself with the consultancy's key clients and recent projects. Understanding their focus areas and challenges will allow you to tailor your responses and demonstrate your genuine interest in contributing to their success.
