At a Glance
- Tasks: Analyse data, develop models, and support real client projects in credit risk.
- Company: A growing UK consultancy with a focus on innovation and collaboration.
- Benefits: Hands-on experience, mentorship, and a clear path to career progression.
- Other info: Dynamic environment with opportunities to learn about AI and data engineering.
- Why this job: Kickstart your career in finance with real-world impact and technical training.
- Qualifications: Recent graduates or final-year students in quantitative fields encouraged to apply.
The predicted salary is between 25650 - 31350 £ per year.
Location: Central London
Experience: Graduate / 0–1 year
The Opportunity
We are recruiting for a growing UK consultancy seeking a Junior Credit Risk Modelling Consultant to join its graduate programme. This is an excellent opportunity for a quantitatively strong graduate looking to begin a career in credit risk, data and financial modelling. You’ll work alongside experienced consultants on live projects for UK lenders, with exposure to real client work from the outset. Previous credit risk experience is not required. Full support will be provided to develop your knowledge of areas including IFRS 9, IRB and credit risk modelling.
What You’ll Be Doing
- Preparing, cleaning and analysing modelling datasets
- Using Python to support quantitative analysis and model development
- Supporting model estimation, calibration and back-testing
- Working with credit risk models including IFRS 9, IRB and scorecards
- Producing analysis, tables and visualisations for client projects
- Supporting model documentation and validation reports
- Learning to query and analyse data using SQL
- Participating in client meetings and project discussions
- Gaining wider exposure to data engineering, machine learning and applied AI
What We’re Looking For
- 0–1 year of professional experience – final-year students and recent graduates are encouraged to apply
- BSc or MSc in a quantitative subject such as Mathematics, Statistics, Physics, Econometrics, Engineering or Computer Science
- Strong academic record, typically 2:1 or above
- Practical Python experience
- Good understanding of statistics, probability and quantitative analysis
- Experience working with and analysing datasets
- Evidence of completing a substantial quantitative project, dissertation, internship or placement
- Strong written and verbal communication skills
- Genuine interest in credit risk, lending and financial services
- Able to work from the Central London office 5 days per week
- Experience with pandas, scikit-learn, SQL, Git, R, SAS, financial services or credit risk would be beneficial but is not essential.
Why Apply?
You’ll join a small and growing consultancy where graduates gain hands‑on exposure quickly. The first year is designed as a technical apprenticeship, providing the foundations to progress into a Consultant role while developing expertise across credit risk modelling, data and emerging technologies.
Junior Credit Risk Modelling Consultant - Graduate employer: Technology & Risk Recruitment
Join a dynamic and growing consultancy in Central London, where you will receive unparalleled support and training as a Junior Credit Risk Modelling Consultant. Our collaborative work culture fosters innovation and hands-on experience, allowing you to engage with real client projects from day one. With a focus on employee growth, we offer a structured apprenticeship programme that equips you with essential skills in credit risk modelling and data analysis, setting the stage for a rewarding career in financial services.
Contact Details:
Technology & Risk Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Junior Credit Risk Modelling Consultant - Graduate
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Technology & Risk Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Junior Credit Risk Modelling Consultant - Graduate
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Technology & Risk Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Technology & Risk Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Technology & Risk Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Technology & Risk Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Technology & Risk Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Technology & Risk Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
