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Junior Credit Risk Modelling Consultant - Graduate

London
£30k – £40k/yr
Posted 2 days ago
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Junior Credit Risk Modelling Consultant – Graduate

Location

Central London

Salary

£30,000–£40,000

Working Pattern

Office-based, 5 days per week

Experience

Graduate / 0–1 year

The Opportunity

We are recruiting for a growing UK consultancy seeking a Junior Credit Risk Modelling Consultant to join its graduate programme.

This is an excellent opportunity for a quantitatively strong graduate looking to begin a career in credit risk, data and financial modelling. You’ll work alongside experienced consultants on live projects for UK lenders, with exposure to real client work from the outset.

Previous credit risk experience is not required. Full support will be provided to develop your knowledge of areas including IFRS 9, IRB and credit risk modelling.

What You’ll Be Doing

  • Preparing, cleaning and analysing modelling datasets
  • Using Python to support quantitative analysis and model development
  • Supporting model estimation, calibration and back-testing
  • Working with credit risk models including IFRS 9, IRB and scorecards
  • Producing analysis, tables and visualisations for client projects
  • Supporting model documentation and validation reports
  • Learning to query and analyse data using SQL
  • Participating in client meetings and project discussions
  • Gaining wider exposure to data engineering, machine learning and applied AI

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

P

Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Strong

Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

What We’re Looking For

  • 0–1 year of professional experience – final-year students and recent graduates are encouraged to apply
  • BSc or MSc in a quantitative subject such as Mathematics, Statistics, Physics, Econometrics, Engineering or Computer Science
  • Strong academic record, typically 2:1 or above
  • Practical Python experience
  • Good understanding of statistics, probability and quantitative analysis
  • Experience working with and analysing datasets
  • Evidence of completing a substantial quantitative project, dissertation, internship or placement
  • Strong written and verbal communication skills
  • Genuine interest in credit risk, lending and financial services
  • Able to work from the Central London office 5 days per week

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Experience with pandas, scikit-learn, SQL, Git, R, SAS, financial services or credit risk would be beneficial but is not essential.

Why Apply?

You’ll join a small and growing consultancy where graduates gain hands-on exposure quickly. The first year is designed as a technical apprenticeship, providing the foundations to progress into a Consultant role while developing expertise across credit risk modelling, data and emerging technologies.

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Location

London, England, United Kingdom

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