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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 for top banks.
- Benefits: Enjoy a salary up to £110,000 and a hybrid working model.
- 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 from PRA, ECB, and Basel. 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 where you've led model development or validation. Highlight your role in these projects and how you ensured compliance with regulatory requirements, as this will showcase your hands-on experience.
✨Tip Number 4
Showcase your mentoring skills by discussing any experience you have in developing junior staff. This is particularly important as the role involves supporting internal capability development, so be ready to share examples of how you've helped others grow.
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 will help convey your strong project delivery skills.
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, the methodologies you used, and how you ensured compliance with regulatory frameworks like PRA and Basel.
✨Demonstrate Stakeholder Engagement Skills
Since the role involves engaging with various stakeholders, share examples of how you've successfully communicated complex credit risk concepts to non-technical audiences. This will show your ability to bridge the gap between technical and business needs.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in real-world situations. Think about challenges you've faced in model development or validation and how you overcame them, as this will demonstrate your critical thinking abilities.
✨Express Your Mentorship Experience
As mentoring junior staff is part of the role, be ready to discuss any previous experiences where you've guided or trained others. Highlight your approach to developing talent and fostering a collaborative team culture.
