Vallum Associates
Senior Credit Risk Specialist

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Senior Credit Risk Specialist – Contract
Location: London (50% Hybrid Working)
IR35 Status: Inside IR35
Security Clearance: SC Clearance Required
We are looking for an experienced Senior Credit Risk Specialist to support a major financial regulatory organisation on a contract basis.
The successful candidate will have strong experience in UK Retail Banking and/or SME Banking credit risk, with particular expertise in Credit Asset Quality Reviews, Credit Risk Management Framework Reviews and credit portfolio risk management.
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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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour 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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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.
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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No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Essential Skills and Experience


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- Extensive experience in UK Retail Banking and/or SME Banking Credit Risk.
- Proven experience conducting Credit Asset Quality Reviews.
- Strong understanding of Credit Risk Management Framework Reviews.
- Experience in credit portfolio risk management within a bank or financial regulator.
- Good understanding of retail credit risk models, including:
- IFRS 9
- Internal Ratings-Based (IRB) models
- Credit risk stress testing
- Application and behavioural scorecards
- Credit risk forecasting models
- Strong quantitative and qualitative analytical capabilities.
- Experience producing detailed risk assessment and review reports.
- Excellent stakeholder management and communication skills.
- SC security clearance required.
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