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Posted 14 days ago

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Manager Credit Risk

UtrechtRemote

AI Summary

Manages credit risk engagements independently or leads a small team, developing and validating PD, LGD and CCF models using Python and Databricks, while advising clients and coaching consultants.

About this role

Elevate your career, perform when it counts: become part of our global financial consulting evolution!

Your role:

Zanders is an international consultancy specialising in Risk, Treasury and SaaS solutions. From our origins in the Netherlands we now work across Europe, the United States, the Middle East and Asia. Within Risk we cover every financial and non-financial risk type, including ESG and AI, for banks, insurers, lenders and asset managers. As a Manager in our Financial Risk team in Utrecht, you are the person who carries credit risk engagements: the one who can be handed a piece of work and be trusted to land it.

That takes two shapes. On smaller engagements you run the project by yourself, from first client meeting to final deliverable, whether that is a model validation, strategic credit risk support at a lending institution, or an assignment with one of our international clients. On larger model development programmes you take the day-to-day lead of a team of one to three consultants, with a director or partner alongside you.

You stay hands-on. Credit risk modelling at Zanders means writing and reviewing production-quality Python, working in Databricks on client data, and being able to open the code rather than only the documentation. You will also coach consultants on their development beyond the projects they are staffed on, and contribute to how the practice builds its credit risk expertise.

Your background will be in a consultancy specialising in financial risk, or in the model development, model validation or risk management function of a bank or lender.

Key responsibilities:

  • Develop and validate PD, LGD and CCF models, from data and methodology through to documentation and handover.

  • Apply IRB, IFRS 9 and stress testing requirements to concrete model design and validation choices.

  • Advise client stakeholders in model development, validation and risk functions as their day-to-day counterpart.

  • Own scope, planning and budget on your engagements, escalating early and keeping clients informed.

  • Contribute to proposals and scoping conversations, and identify follow-on work with existing clients.

  • Build and share credit risk expertise across the practice through internal training, tooling and written material.

  • Safeguard a healthy workload within your project team and give clear direction on performance.

  • Contribute to internal initiatives that strengthen the Financial Risk practice and the wider One Zanders culture.

Skills to be successful

Essential

  • A Master's degree in econometrics, mathematics, physics, quantitative finance, statistics or a related quantitative field.

  • 5 or more years of experience in credit risk model development or validation, including PD, LGD or CCF models taken through to completion.

  • Proven ability to carry an engagement independently, from client contact through to final deliverable.

  • Strong hands-on programming in Python, and experience working in Databricks or a comparable data platform.

  • Working knowledge of IRB, IFRS 9 and stress testing requirements and how they translate into model choices.

  • Experience guiding the day-to-day work of colleagues on a project, formally or informally.

  • Fluent in English.

Also valuable

  • SAS, R, MATLAB or SQL alongside Python.

  • Interest in developing commercially over time, towards owning proposals and client relationships of your own.

  • Experience with supervisory processes such as TRIM missions, IMIs and OSIs.

  • Exposure to adjacent risk areas such as IRRBB, liquidity stress testing, ESG risk or model risk management.

  • Experience with non-bank lenders or fintech credit portfolios alongside traditional banking clients.

  • A relevant professional certification such as FRM or CFA.

  • Dutch language proficiency.

  • Willingness to travel occasionally for international client work.

We offer:

  • A hybrid work environment, that promotes a healthy work-life balance,

  • Allowance to set up your home office in an ergonomically responsible way and an internet allowance,

  • Mobility budget to cater your commuting needs,

  • Participation in the Zanders bonus scheme,

  • Secure your future with a pension scheme,

  • 29 paid holiday days,

  • A laptop and an iPhone,

  • An entrepreneurial culture that values personal development, with ample room for initiatives,

  • Expertise in your chosen field, building skills rapidly alongside diverse clients and consultants,

  • A truly collegiate environment with enthusiastic and helpful colleagues, fostering career excellence in Treasury, Risk or Technology,

  • An international and fun working environment, Cultural night events, annual Zanders's trip to a (surprise) location in Europe and many more exciting experiences to come!

About Us: Progress your career with Zanders.


We are a global financial consulting firm focused on Treasury, Risk and Technology. From our HQ in the Netherlands, we have been expanding our presence in Europe, UK, USA, and Asia. For 30 years we have been providing innovative solutions embracing the latest technological advancements to multinational corporations, financial institutions, public sector entities and NGOs. We go beyond conventional boundaries, delving into new market segments to uncover untapped opportunities. As pioneers in Environmental, Social, and Governance (ESG) principles and practices, we support our clients to achieve their ESG goals.

At Zanders we invest in our people for an inclusive atmosphere, where freedom, fun, and collaboration are pivotal and set us apart, defining our success. We believe that diversity, equity, and inclusion (DE&I) are essential to establish a strong and sustainable business, fostering a culture that values and respects diversity in all forms. Zanders is not just a workplace – it is a supportive community.

We invite those who share our passion for collaboration, growth, and positive impact to join us on this journey. If you're in search of a workplace which nurtures personal and professional development, Zanders is the perfect fit for you.

Join us as we continue to shape the future of consultancy, making a meaningful impact in the world of Treasury, Risk, and Technology!

By applying for a role at Zanders, you give us approval to use and retain your personal details. Considering Zanders’ nature of enterprise, you are expected to behave to a high moral standard. A Pre-Employment Screening (PES) by a third party is part of the application process.

Skills

CCF Model ValidationCFADatabricksFRMIFRS 9IRBLGD Model ValidationMatlabPD Model ValidationPythonRSASSQLStress Testing

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