Senior Credit Risk Modeller

Location London
Discipline: Software Engineering
Job type: Permanent
Salary: £70,000-£90,000 + equity
Contact name: Mohammed Imran

Contact email: mohammed@exalto-consulting.com
Job ref: 720469A
Published: 3 days ago
Startdate: ASAP
Senior Credit Risk Modeller and/or Validator – Retail IRB
Location: London (client site, office)
Salary: £70,000 – £90,000 plus equity
  
This is a rare opportunity to join a boutique, founder-led consultancy that punches well above its weight in the financial services sector. With a reputation for delivering high-quality, technically sound solutions, this firm partners with some of the most respected institutions in banking. Despite a compact team structure, their work is complex, valuable, and increasingly in demand.
Following a series of significant project wins, the consultancy is seeking experienced credit risk professionals to lead delivery across a range of IRB retail portfolios. The roles offer a blend of hands-on model development and/or independent validation, combined with client advisory work in an evolving regulatory landscape.
  
Candidates must bring:
  • Extensive experience in IRB credit risk modelling or model validation within retail portfolios.
  • Technical proficiency in Python, SAS, and SQL for data handling, analysis and model implementation.
  • Strong working knowledge of PD, LGD or EAD methodologies.
  • Experience managing workstreams and delivering directly to clients.
  • An analytical mindset and structured approach to technical delivery and documentation.
  
Responsibilities include:
  • Leading the delivery of IRB model build or validation projects for major clients.
  • Engaging with client stakeholders to define scope, priorities and risks.
  • Performing robust documentation and clearly communicating technical findings.
  • Supporting and challenging assumptions to uphold best practice.
  • Representing the consultancy with confidence and professionalism in client-facing roles.
This position is ideally suited to technically capable individuals who enjoy hands-on delivery, thrive on intellectual challenge, and want to work within a focused, expert team making a tangible impact across the credit risk landscape without the bureaucracy of a larger organisation.