Senior Quantitative Analyst, Credit Risk – Credit Risk Analytics and Model Review Quants (Market and Credit Risk)Position 1: Senior Quantitative Analyst, Credit Risk (3 open roles)Location: London (Hybrid Working)Our client, a leading global investment bank, is currently seeking an experienced professional to join their Model Development team in the role of Senior Quantitative Analyst, Credit Risk. This position offers a unique opportunity to contribute to the development and maintenance of statistical credit risk models that are integral to their global operations.Key Responsibilities:Delivering components of quantitative credit risk model development, including Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models.Developing and maintaining models under the Advanced Internal Ratings Based (AIRB) approach and IFRS9 provisioning process.Conducting data quality assessments and performing data analytics to support model development.Building and benchmarking challenger models using advanced techniques, including machine learning.Assessing model performance, impact, and reporting findings to senior management.Collaborating with risk transformation and data teams for model implementation.Engaging with stakeholders across global regions and disciplines to design best-in-class modelling approaches.Required Qualifications:Significant experience in wholesale credit risk modelling, including PD, EAD, and LGD models.Excellent understanding of AIRB and/or IFRS9 credit risk modelling frameworks.Familiarity with UK (PRA) or EU (EBA/ECB) regulatory requirements.Proficiency in manipulating large data sets, particularly using Python, and a strong grasp of credit risk-related data.Ability to communicate complex technical concepts to non-technical stakeholders.Proven track record of cross-functional collaboration in a global environment.Desirable Skills:Experience with Python, SAS, and SQL.Knowledge of model implementation within a banking environment, linked to policies and regulations.Proficiency in English, both written and verbal.Position 2: Quantitative Analyst, Credit Risk (2 Open Roles)Location: London (Hybrid Working)In addition to the Senior role, our client is also looking to fill a slightly junior position within the same team: Quantitative Analyst, Credit Risk. This role offers an excellent opportunity for professionals looking to further their career in credit risk analytics.Key Responsibilities:Assisting in the development of PD, LGD, and EAD models as part of a dynamic team.Conducting data quality assessments and analytics to support model development.Supporting the build and evaluation of challenger models using a variety of techniques.Working closely with team leads to ensure successful model implementation and stakeholder engagement.Required Qualifications:Experience in credit risk modelling, particularly in PD, LGD, and EAD.Basic understanding of AIRB and/or IFRS9 frameworks.Familiarity with data manipulation tools, preferably Python.Ability to work effectively in a collaborative, global environment.Desirable Skills:Knowledge of Python, SAS, and SQL.Understanding of regulatory requirements and model implementation processes.Both roles are based in London with hybrid working arrangements. These positions offer an excellent opportunity to join a thriving and expert risk management function within a prestigious global investment bank, where you can contribute to cutting-edge credit risk models and play a key role in their development and implementation.Position 3 Senior Quant FTRB Model Validation/Review (3 Open Roles) - please apply for full spec.Position 4 Senior Quantitative Analyst, Credit Risk Model Validation/Review (2 Open Roles) - please apply for full spec.I can also facilitate entire Team Moves - please feel free to call me on for a confidential conversation.ThanksParv