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- Tasks: Lead change initiatives in credit risk model development from design to implementation.
- Company: Join a leading financial institution focused on modernising credit risk modelling.
- Benefits: Enjoy hybrid work options and competitive daily rates with potential for extension.
- Why this job: Be part of a high-priority project that impacts regulatory commitments and enhances efficiency.
- Qualifications: Experience in change management and credit risk modelling is essential.
- Other info: Ideal for self-starters who thrive in fast-paced environments and enjoy problem-solving.
The predicted salary is between 60000 - 84000 £ per year.
Job Title: Change Manager Credit Risk Modelling
Location: London (Hybrid 3 days per week in office)
Rate: £781.35 per day (Inside IR35 via Umbrella)
Duration: 6 months (with potential for extension)
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About the Role
A leading financial institution is seeking a hands-on Change Manager to drive enhancements in credit risk model development capabilities. This high-priority initiative supports regulatory commitments and aims to deliver a modernised, efficient model lifecycle for credit risk modelling.
Key Responsibilities
Lead the delivery of change across the IRB model development lifecycle, from design through to implementation.
Develop a deep understanding of current and target state architectures for credit risk modelling.
Create detailed process maps and define the future Target Operating Model (TOM).
Support the formation and leadership of delivery teams, including hiring and structuring to manage multiple models through development, testing, validation, and regulatory approval.
Collaborate with stakeholders across Risk, Analytics, IT, Internal Audit, and Regulatory functions.
Drive change management activities including impact assessments, planning, and stakeholder engagement.
Coordinate communications, user guides, demos, and training materials to support change adoption.
Ensure alignment with regulatory timelines and expectations, particularly in relation to model testing and submission.
Identify and resolve delivery risks, ensuring timely execution of critical milestones.
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Required Experience & Skills
Proven experience leading change initiatives in a wholesale credit risk or modelling environment.
Strong understanding of IRB models and credit risk components (LGD, PD, EAD).
Experience in change management, ideally with exposure to programme-level delivery.
Ability to work independently, proactively identifying solutions and driving delivery.
Strong stakeholder management and communication skills, with the ability to influence across functions.
Comfortable working with technical teams and understanding testing and implementation challenges.
Familiarity with Agile delivery tools (e.g. JIRA, Confluence, PowerBI, EazyBI) is desirable.
Strong documentation and presentation skills (MS Office, Excel, PowerPoint).
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Ideal Candidate
A self-starter who thrives in a fast-paced, delivery-focused environment.
Not a coordinator or PMO this role requires someone who can lead, problem-solve, and get hands-on.
Experience in credit model development or implementation is highly advantageous.
Comfortable managing multiple workstreams and aligning delivery with regulatory deadlines.
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Change Manager employer: Networker Global Limited
Contact Detail:
Networker Global Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Change Manager
✨Tip Number 1
Familiarise yourself with the specific credit risk models mentioned in the job description, such as LGD, PD, and EAD. Understanding these components will not only help you in interviews but also demonstrate your expertise in the field.
✨Tip Number 2
Network with professionals in the financial sector, particularly those involved in credit risk modelling. Engaging with industry peers can provide insights into the role and may even lead to referrals, increasing your chances of landing the job.
✨Tip Number 3
Showcase your experience with Agile delivery tools like JIRA and Confluence during discussions. Being able to speak confidently about these tools will highlight your readiness for a hands-on role and your ability to manage change effectively.
✨Tip Number 4
Prepare to discuss your approach to stakeholder management and communication strategies. This role requires strong interpersonal skills, so having examples ready will help you stand out as a candidate who can influence and engage effectively across functions.
We think you need these skills to ace Change Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in change management and credit risk modelling. Use specific examples that demonstrate your ability to lead change initiatives and manage multiple workstreams.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your understanding of the role and how your skills align with the responsibilities. Mention your familiarity with IRB models and your experience in driving change within financial institutions.
Showcase Your Stakeholder Management Skills: In your application, emphasise your strong communication and stakeholder management skills. Provide examples of how you've influenced cross-functional teams and engaged stakeholders in previous roles.
Highlight Technical Proficiency: If you have experience with Agile delivery tools like JIRA or Confluence, make sure to mention this in your application. Highlighting your technical skills will show that you're comfortable working with technical teams and can navigate implementation challenges.
How to prepare for a job interview at Networker Global Limited
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of what a Change Manager does, especially in the context of credit risk modelling. Familiarise yourself with key terms like IRB models, LGD, PD, and EAD, as well as the specific responsibilities outlined in the job description.
✨Showcase Your Change Management Experience
Prepare to discuss your previous experiences leading change initiatives. Be ready to provide specific examples of how you've successfully managed change in a similar environment, particularly focusing on your hands-on approach and problem-solving skills.
✨Demonstrate Stakeholder Engagement Skills
Since this role involves collaboration with various stakeholders, think of instances where you've effectively communicated and influenced across different functions. Highlight your ability to engage with technical teams and manage expectations.
✨Familiarise Yourself with Agile Tools
If you have experience with Agile delivery tools like JIRA or Confluence, be sure to mention it. If not, take some time to learn the basics of these tools, as they may come up during the interview and show your willingness to adapt.
