Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead and participate in audit projects focused on credit risk management.
- Company: Join a leading financial institution with a strong reputation in risk management.
- Benefits: Enjoy a 6-month contract with opportunities for professional growth.
- Why this job: Make a real impact by enhancing risk management processes in a dynamic environment.
- Qualifications: 7-10 years in Internal Audit or Credit Risk Management; certifications like FRM or CFA preferred.
- Other info: Ideal for experienced professionals looking to advance their careers in finance.
The predicted salary is between 60000 - 84000 £ per year.
Job Description
Internal Audit – Counterparty and Lending Credit Risk – 6 month contract – London
We are recruiting an experienced professional with a strong background in Internal Audit, Counterparty Credit Risk (CCR), and Lending Credit Risk Management to join a leading financial institution on a 6 month contract. This is a great opportunity to play a pivotal role in assessing and enhancing risk management processes.
Key Responsibilities
As part of the Internal Audit Corporate Risk team, you will:
- Lead and participate in CCR and Lending Credit Risk audit projects, including planning, scoping, execution, reporting, and stakeholder engagement.
- Document audit procedures, assess the design and effectiveness of controls, and prepare audit test programs.
- Evaluate risks and issues identified during audits or on an ad hoc basis, ensuring timely remediation with stakeholders.
What We're Looking For
We are seeking a highly skilled professional with:
- Professional certifications such as FRM, CFA, CIA, ACA, ACCA, or CPA are preferred.
- 7-10 years in Internal Audit or CCR/Lending Credit Risk Management (2LOD), with expertise in areas like Credit Risk Appetite, Governance, CRR risk metrics, CVA, Asset Secured Lending, and Commercial Real Estate.
- Familiarity with Basel Capital Frameworks (eg, PD/LGD models), global markets products, and relevant laws/regulations impacting credit risk management.
- Strong analytical abilities, critical thinking skills, attention to detail, excellent communication (verbal/written), and project management expertise.
Start Date: ASAP
Contract Type: 6 months (Inside IR35)
Internal Audit - Counterparty and Lending Credit Risk - 6 month contract - London employer: Marshall Wolfe
Contact Detail:
Marshall Wolfe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Internal Audit - Counterparty and Lending Credit Risk - 6 month contract - London
✨Tip Number 1
Make sure to familiarize yourself with the latest trends and regulations in Counterparty Credit Risk and Lending Credit Risk Management. This knowledge will not only help you during the interview but also demonstrate your commitment to staying updated in this fast-paced field.
✨Tip Number 2
Network with professionals in the Internal Audit and Credit Risk sectors. Attend industry events or join relevant online forums to connect with people who can provide insights into the role and potentially refer you internally.
✨Tip Number 3
Prepare to discuss specific audit projects you've led or participated in, especially those related to CCR and Lending Credit Risk. Highlight your role in planning, execution, and stakeholder engagement to showcase your hands-on experience.
✨Tip Number 4
Brush up on your analytical and critical thinking skills. Be ready to solve case studies or hypothetical scenarios during the interview that test your ability to assess risks and recommend effective controls.
We think you need these skills to ace Internal Audit - Counterparty and Lending Credit Risk - 6 month contract - London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in Internal Audit and Counterparty Credit Risk. Use specific examples that demonstrate your expertise in areas like Credit Risk Appetite and Basel Capital Frameworks.
Craft a Strong Cover Letter: In your cover letter, explain why you are the perfect fit for this role. Mention your professional certifications and how your 7-10 years of experience align with the job requirements. Be sure to express your enthusiasm for the opportunity.
Highlight Relevant Skills: Emphasize your analytical abilities, critical thinking skills, and attention to detail in your application. Provide examples of how you've successfully managed audit projects or assessed risk management processes in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Ensure there are no grammatical errors and that your documents are clear and concise. A polished application reflects your professionalism.
How to prepare for a job interview at Marshall Wolfe
✨Showcase Your Audit Experience
Be prepared to discuss your previous experiences in Internal Audit, particularly focusing on CCR and Lending Credit Risk. Highlight specific projects you've led or participated in, detailing your role in planning, execution, and reporting.
✨Demonstrate Knowledge of Risk Management
Familiarize yourself with the key concepts related to Credit Risk Appetite, Governance, and CRR risk metrics. Be ready to explain how these concepts apply to the role and how you have utilized them in past positions.
✨Prepare for Technical Questions
Expect questions regarding Basel Capital Frameworks and PD/LGD models. Brush up on these topics and be ready to discuss how they impact credit risk management in a practical context.
✨Highlight Communication Skills
Since stakeholder engagement is crucial, prepare examples that showcase your communication skills. Discuss how you've effectively communicated audit findings and collaborated with stakeholders to ensure timely remediation of risks.
