UK | IRB Credit Risk Consultant in London

UK | IRB Credit Risk Consultant in London

London Full-Time 60000 - 80000 £ / year (est.) On-site
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At a Glance

  • Tasks: Develop innovative credit risk models and provide tailored solutions for financial institutions.
  • Company: Boutique consulting firm with a global presence and a focus on risk and finance.
  • Benefits: Challenging projects, inspiring team environment, and excellent career growth opportunities.
  • Other info: Flat hierarchies and a diverse workplace culture await you.
  • Why this job: Join a dynamic team and shape the future of risk management in finance.
  • Qualifications: Experience in IRB credit risk model development and strong analytical skills required.

The predicted salary is between 60000 - 80000 £ per year.

True North Partners LLP is an independent consulting firm with presence in London, Amsterdam, Frankfurt, Madrid, Lisbon, Johannesburg, Dubai and Singapore. We have extensive global experience and industry recognition in the financial services, risk management and finance communities.

True North Partners is uniquely distinct from the typical consultant firms due to the following:

  • Being a boutique consulting firm focused on risk, finance and strategy, we deliver innovative concepts and methodologies based on specialist experience and analytical backgrounds.
  • Working across multifaceted competencies of risk, finance and strategy, we overcome the traditional silo thinking and offer client‑specific solutions as well as sustainable implementation development strategies.
  • Being people‑driven, we allow members of all levels to actively participate in the running and development of our young firm.

What we offer:

  • Challenging projects with leading financial institutions around the globe, where we are at the fore‑front of innovation in products and methodologies.
  • A motivating, inspiring and team‑oriented work environment with co‑workers from a variety of hemispheres and backgrounds.
  • The opportunity to help shape a unique, professional environment with flat hierarchies and superior career opportunities.

Job requirements:

  • Hands‑on experience in wholesale/corporate IRB credit risk model development (i.e., beyond audit or review activities). Experience in wholesale IRB is a must.
  • Thorough knowledge of local and relevant international regulations in financial services, especially in the context of PRA/ECB supervision.
  • Experience in programming languages and data structures. Relevant programming languages include Python, SAS, R, SQL, etc.
  • Strong analytical skills and a quantitative background with an application to risk management in banking.
  • Problem‑solving skills and the ability to see the bigger picture.
  • Strong academics, i.e. a bachelor’s degree in quantitative studies, e.g. mathematics, industrial engineering, economics, physics, is a must.
  • Fluent English. German or Spanish language skills would be a plus.

UK | IRB Credit Risk Consultant in London employer: True North Partners LLP

True North Partners LLP is an exceptional employer, offering a dynamic and collaborative work environment in the heart of London. With a focus on innovative risk management solutions, employees are empowered to contribute to the firm's growth while engaging in challenging projects with leading financial institutions globally. The company promotes a culture of inclusivity and professional development, providing unique opportunities for career advancement within a boutique consulting framework.

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Contact Details:

True North Partners LLP Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land UK | IRB Credit Risk Consultant in London

✨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 True North Partners LLP. 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 UK | IRB Credit Risk Consultant in London

IRB Credit Risk Model Development
Wholesale IRB Experience
Knowledge of PRA/ECB Regulations
Programming Languages (Python, SAS, R, SQL)
Data Structures
Analytical Skills
Quantitative Background

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 True North Partners LLP.

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 True North Partners LLP'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 True North Partners LLP

✨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 True North Partners LLP.

✨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 True North Partners LLP 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 True North Partners LLP 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.