via reed · 2 June 2026 ·4 days ago

Credit Risk Modeller

Harnham - Data & Analytics Recruitment
London Full-time GBP 90,000 – 100,000
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Senior Credit Risk Modeller (6 month FTC)

Salary
100k salary Pro-rated

Location + work pattern
London - 4 days per week in office (with some flexibility)

The Company
This organisation is a growing, niche lender operating across multiple product lines including property and asset finance. With a strong focus on risk management and regulatory alignment, they are investing heavily in modernising their credit modelling capabilities and governance frameworks.

The Role
You will take the lead on redesigning and enhancing a suite of credit risk models, ensuring they are robust, compliant, and aligned with evolving regulatory requirements. This is a hands-on role with significant ownership across both technical delivery and stakeholder engagement.

Specifically, you can expect to be involved in:

  • Leading redevelopment of credit risk rating, ICAAP and stress testing models

  • Designing and implementing PD, LGD and expected loss frameworks across portfolios

  • Enhancing model risk sensitivity and improving overall model performance

  • Managing model lifecycle processes including testing, documentation, and governance

  • Collaborating with risk, finance, and lending teams to ensure models are understood and effectively utilised

YOUR SKILLS AND EXPERIENCE
  • Strong experience developing credit risk models (e.g. scorecards, stress testing, ICAAP, or IFRS 9 models)

  • Solid understanding of key risk metrics including PD, LGD and EAD

  • Proficiency in Python or R for modelling and data analysis

  • Experience working with large datasets and data tools (e.g. SQL, Excel)

  • Ability to communicate technical concepts clearly to non-technical stakeholders

THE BENEFITS
  • Opportunity to lead a high-impact modelling transformation project

  • Exposure to a broad range of credit portfolios and risk frameworks

  • Collaborative and evolving risk function environment

THE PROCESS
  • Initial interview

  • Technical assessment / case study

  • Final stage interview

  • Offer!

HOW TO APPLY
Please register your interest via the apply link on this page.

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