Credit Risk Management - Banking - Hybrid - Outside IR35

Summary: The role involves leading the solution design for a Limits Management platform within a banking context, focusing on technical transformation and integration of treasury systems. The consultant is expected to have extensive experience in credit risk management and enterprise architecture, particularly with Finastra/Summit. This position is hybrid and outside IR35, with an immediate start for a 6-month contract likely to extend. Key responsibilities include producing high-level designs and collaborating with analysts to ensure alignment with business requirements and architectural principles.

Key Responsibilities:

• Lead the end-to-end solution design for the Limits Management platform, covering application architecture, integration patterns, security architecture, data flows, and the underlying technology stack.
• Own the solution architecture for the Limits Management domain, ensuring full alignment with the Bank's enterprise architecture, business requirements, and future-state roadmap.
• Produce the High-Level Design (HLD) detailing logical architecture, solution domains, functional modules, and end-to-end workflows, including limit configuration, approval, monitoring, aggregation, and breach management.
• Collaborate with Data Analysts and Business Analysts to develop conceptual and logical data models, ensuring the data architecture supports exposure aggregation, credit concentration, reporting, and governance requirements.
• Contribute to the definition of as-is and to-be business process maps, including limit assignment, amendment, approval, exception handling, utilisation, monitoring, and reporting processes.
• Define and document non-functional requirements (NFRs) covering performance, security, availability, scalability, auditability, recoverability, and operational support needs.

Key Skills:

• Extensive experience designing and delivering enterprise-grade Limits Management, Exposure Management, or Credit Risk solutions within a financial institution, IFI, MDB, or large commercial bank.
• Strong understanding of credit risk concepts, including obligor hierarchy, group exposure, PD/LGD/EAD, concentration risk, country/sector limits, counterparty limits, and exposure aggregation methodologies.
• Demonstrated experience working with credit approval workflows, limit life cycle processes, utilisation monitoring, and breach/exception handling.
• Solution Architecture & Design - Proven track record of delivering end-to-end solution architectures covering application, data, integration, and security architecture domains.
• Hands-on experience producing High-Level Designs (HLDs), Detailed Designs (LLDs), data models, and interface specifications.
• Data & Integration Expertise - Deep experience with enterprise data models for credit, counterparty, and exposure reporting.
• Strong understanding of integration design patterns (REST APIs, message queues, event-driven integration, ETL, batch processing).
• Technology & Platform Knowledge - Experience with industry-standard credit or limits platforms (eg, Moody's RiskAuthority, Algorithmics, Wolters Kluwer, Temenos Infinity/Transact credit modules, Finastra credit systems, or custom solutions).
• Solid understanding of cloud-based architectures, especially Azure or AWS, including API gateways, security services, hosting models, DevOps, and infrastructure-as-code.
• Experience designing for non-functional requirements, including scalability, resilience, auditability, and high-performance aggregation.

Salary (Rate): £675 per day

City: London - Canary Wharf

Country: UK

Working Arrangements: hybrid

IR35 Status: outside IR35

Seniority Level: undetermined

Industry: Other