At a Glance
- 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 Β£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 Β£ 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 Whatβs on Offer Salary up to Β£110,000 Hybrid working model Opportunity to work on Tier 1 client projects Supportive and collaborative team culture Clear progression path in a growing consultancy41bf1e1f-b16b-4260-a40a-17c77a06fd15
Wholesale Credit Risk Manager employer: Leadenhall Search & Selection
Contact Detail:
Leadenhall Search & Selection Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Wholesale Credit Risk Manager
β¨Tip Number 1
Network with professionals in the credit risk field, especially those who have experience with IRB LGD modelling. Attend industry conferences or webinars to connect with potential colleagues and learn about the latest trends and challenges in the sector.
β¨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 during interviews but also demonstrate your commitment to staying updated in the field.
β¨Tip Number 3
Prepare to discuss specific projects you've worked on that involved LGD model development or validation. Highlight your role, the challenges you faced, and how you overcame them to showcase your project delivery skills effectively.
β¨Tip Number 4
Consider reaching out to current or former employees of the consultancy to gain insights into their work culture and expectations. This can help you tailor your approach and show that you're genuinely interested in being part of their team.
We think you need these skills to ace Wholesale Credit Risk Manager
Some tips for your application π«‘
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 in model development and validation.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your relevant experience and why you are interested in this role. Mention your understanding of regulatory frameworks and how you can contribute to the consultancy's projects.
Showcase Your Communication Skills: In your application, emphasise your ability to communicate effectively with stakeholders. Provide examples of past experiences where you successfully led client-facing engagements or collaborated with teams.
Highlight Leadership Experience: If you have experience mentoring junior staff or leading project teams, make sure to include this in your application. This will demonstrate your capability to support internal development and align with the company's collaborative culture.
How to prepare for a job interview at Leadenhall Search & Selection
β¨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.
β¨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.
β¨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.
β¨Emphasise Mentorship Experience
As the role involves mentoring junior staff, be ready to discuss any previous experience you have in training or guiding others. Highlight your approach to developing talent within a team, which aligns with the supportive culture of the consultancy.