Main Purpose of Role
We are looking for an experienced Counterparty Credit Risk Consultant to support a large-scale risk and regulatory transformation programme within a leading financial-services organisation.
The role will focus on credit risk modelling and regulatory reporting development, requiring specialist Counterparty Credit Risk knowledge alongside practical delivery experience.
The successful consultant should be capable of understanding complex CCR methodologies and regulatory requirements and translating them into modelling and reporting changes.
Key Responsibilities
- Support the development and enhancement of Counterparty Credit Risk modelling.
- Assess existing CCR models and methodologies against relevant requirements.
- Support the development and enhancement of CCR regulatory reporting.
- Perform detailed impact and gap analysis where required.
- Translate regulatory requirements into clear modelling, data and reporting requirements.
- Work with Risk, Regulatory Reporting, Data and Technology stakeholders to support implementation.
- Analyse existing CCR reporting processes and identify areas requiring enhancement.
- Gather and document requirements for changes to CCR models and reporting.
- Support testing and validation of changes to risk calculations and reporting where required.
- Produce clear documentation relating to methodologies, requirements, issues and decisions.
- Support wider Counterparty Credit Risk regulatory-change activities.
Skills and Experience
Essential
Strong professional experience within Counterparty Credit Risk in banking or capital markets.
Hands-on experience with credit risk modelling.
Experience developing or enhancing regulatory risk reporting.
Strong understanding of Counterparty Credit Risk concepts and methodologies.
Experience translating regulatory requirements into risk-modelling or reporting changes.
Experience performing risk, regulatory or reporting impact analysis.
Strong analytical capability and ability to work with complex risk data and methodologies.
Experience working across Risk, Regulatory Reporting and Data/Technology stakeholders.
Evidence of hands-on delivery rather than solely senior-level oversight.
Desirable
European regulatory-change experience within Counterparty Credit Risk.
Experience within a large investment bank or capital-markets environment.
Exposure to CCR-related regulatory capital requirements.
Experience supporting large risk-transformation or regulatory-change programmes.
Broader Credit Risk or Market Risk knowledge alongside specialist CCR expertise.
Personal Requirements
Strong quantitative and analytical capabilities.
Excellent attention to detail.
Strong understanding of complex Risk concepts.
Hands-on and delivery-focused approach.
Strong stakeholder-management skills.
Ability to communicate technical risk concepts clearly to both technical and non-technical stakeholders.
Skills
- Credit risk
- CCR
- Counterparty Credit Risk
- Credit risk modelling
- regulatory reporting
- EU Regulation
- Legal Entity
- Risk management
- Risk assessment
- Risk analysis
- Operational risk
- Risk control
- Financial risk
Job Title: Counterparty Credit Risk Consultant
Location: London, UK
Job Type: Contract