Job Title : Director – Quantitative Credit Risk Modelling (Assurance / Audit Focus)
Location : London, United Kingdom
Client : Global Financial Services Consultancy
Practice Area : Risk & Quantitative Advisory
Seniority Level : Director
Experience Required : 10+ Years
Employment Type : Full-time
About the Client
Our client is a leading global financial services consultancy known for delivering exceptional risk, finance, and compliance solutions to top-tier banks and financial institutions. With operations spanning multiple continents, they combine deep regulatory insight with hands-on technical expertise.
Role Overview
We are seeking a highly experienced Director to lead and grow the Quantitative Credit Risk Modelling team, with a strong focus on model assurance and audit support . This is a London-based leadership role within the firm's expanding risk and quantitative advisory practice.
You will work with banking clients, regulators, and internal stakeholders to deliver end-to-end quantitative model reviews, validations, and independent assurance across credit risk models including IFRS 9 , IRB , and stress testing frameworks . The ideal candidate will bring a deep understanding of the UK / EU regulatory landscape, strong technical credentials, and a proven track record in consulting.
Key Responsibilities
- Lead assurance and audit-focused engagements on credit risk models across retail and wholesale portfolios
- Oversee end-to-end project delivery, from scoping and technical review to reporting and client communication
- Engage with internal audit teams, external audit providers, and regulatory bodies (e.g., PRA, ECB)
- Drive technical excellence in the evaluation of model design, methodology, implementation, and performance
- Manage, mentor, and grow a team of quantitative professionals
- Contribute to the firm’s thought leadership on credit risk modelling and regulatory trends
- Support business development through proposal writing, client pitches, and networking
- Collaborate with global colleagues to ensure best practices across markets
Key Requirements
10+ years of experience in quantitative credit risk modelling within a consulting or advisory environmentDeep expertise in IRB , IFRS 9 , and related credit risk frameworksStrong understanding of model assurance, model risk management, and audit protocolsProven leadership experience managing teams and client relationshipsProficient in relevant programming languages (e.g., Python, R, SAS, MATLAB) and statistical techniquesExcellent written and verbal communication skills, with the ability to convey complex technical concepts to non-technical stakeholdersMaster’s or PhD in a quantitative field (e.g., Mathematics, Statistics, Financial Engineering, Economics)Based in London, occasional travel may be requiredWhat’s on Offer
Senior leadership position within a globally recognised consultancyOpportunity to shape the future of credit risk model assurance servicesCompetitive remuneration package with performance-based incentivesHybrid work environment with flexibility and support for professional growth