Risk Analytics Jobs

Working within Risk Analytics is demanding; but finding and securing the people who can take these pressures is what we do.






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RISK ANALYTICS

What We Do

We place talented analytical professionals into the Risk Analyst positions that come with so much responsibility.

We appreciate the importance of protecting the world’s interests and know the role that data has to play. Our Risk Analytics team fully understands financial risk and decision science, as well as the significance of knowing your market.

As within the world of Risk Analytics, the customers we work with differ by location, size and industry. We have experience across all the major marketplaces and can assist you, whether you are hiring to reinforce an existing presence or build a new one.

how We Do it

To ensure effective, risk-free solutions for our clients and candidates, our recruitment solutions in this marketplace are determined by tried and tested methods.

What do we mean by risk-free? Simply that our focus on establishing networks of skilled individuals, as well as knowing our client businesses, culture and skill requirements guarantees when we place an individual, you can be certain that their placement will be a successful one.

We protect against the potential pitfalls of hiring by evaluating our candidate’s career aspirations and skills before introducing them only to organisations where we know they will fit.

What sets us apart?

Harnham appreciates the significant resources and sophisticated programs used to analyse and manage risk.

We are dedicated to the people who ensure banks and other financial institutions can identify, measure, monitor and control their credit risk.

We successfully recruit across the full spectrum of skill sets required to support this, from Customer Acquisition to Portfolio Management, Fraud Analytics to Collections & Recoveries, as well as Risk Audit to Scorecard Modeling & Development.

Whether you’re looking for a new opportunity or another team member, we can help you find your ideal solution.


As working from home becomes ever more common, you can now search Remote Risk Analytics Jobs.

Latest Jobs

Salary

£55000 - £75000 per annum + Additional Benefits

Location

London

Description

Join the largest bank and one of the biggest mortgage providers in the UK, working across long term and high impact projects.

Salary

£30000 - £45000 per annum + Additional Benefits

Location

Manchester, Greater Manchester

Description

Join the UKs biggest multinational investment bank and financial services company, delivering long term, sustainable value for both employees and customers.

Salary

£55000 - £65000 per annum + bonus + travel

Location

London

Description

A one of a kind opportunity for a strong modelling analyst to join a market leading fraud detection vendor.

Salary

600000kr - 750000kr per annum + competitive benefits package

Location

Stockholm

Description

An exciting IRB Development role for a leading bank in Sweden!

Salary

£45000 - £65000 per annum + Comprehensive Benefits Package

Location

London

Description

Fintech role for a bright Credit Risk Analyst with experience working on PD, LGD and EAD models!

Salary

£50000 - £60000 per annum + bonus, flexible working, pension

Location

Leeds, West Yorkshire

Description

A Senior role working across to business to analyse and develop the company's technology risk appetite

Salary

£35000 - £45000 per annum + Additional Benefits

Location

London

Description

An exciting opportunity to join a disruptive challenger bank, changing the way this space operates, providing a tough competition to existing players.

Salary

£55000 - £65000 per annum + Bonus + 5% pension + Private Medical

Location

London

Description

Credit Risk Modelling Manager role offering ownership over Credit Risk Modelling projects at a challenger bank

Salary

£40000 - £48000 per annum + Competitive Benefits

Location

Surrey

Description

A live and urgent Credit Risk Analyst role based in Surrey. SAS and Risk or FS experience required

Salary

£40000 - £65000 per annum + Benefits

Location

London

Description

A Senior Credit Risk Analyst position at a growing fintech start-up focusing on growing the portfolio within Risk Appetite, setting Underwriting Strategies etc

Salary

£30000 - £45000 per annum + Comprehensive Benefits Package

Location

Coventry, West Midlands

Description

Focus on analysing and optimising IFRS9 models, capital and impairment numbers etc

Salary

€80000 - €100000 per annum

Location

Den Haag, South Holland

Description

New Senior Credit Risk Analyst Role!

Harnham blog & news

With over 10 years experience working solely in the Data & Analytics sector our consultants are able to offer detailed insights into the industry.

Visit our Blogs & News portal or check out our recent posts below.

Why Businesses Need To Put Fraud Prevention Front And Centre

If Fraudsters are anything, they are opportunists. Once the first new stories about COVID-19 started running, it wasn’t long until they were joined by tales of fraudsters selling face masks and hand sanitiser, asking panicked customers to transfer money and then disappearing without a trace.  And it’s not the first time we’ve seen this. Fraudsters are notoriously wise to periods of heightened sensitivity and uncertainty, often preying on the vulnerable. The 2008 financial crisis saw an increase in email-based phishing scams and a decade’s worth of technological advancements means that Fraud remains a many-headed beast.  Add into the mix a change in working styles and environments, and many businesses are more exposed to potential security breaches than they have been in years. Now, more than ever, companies need to make sure their Data is well protected and secure. THE FIRST LINE OF DEFENCE If you’re part of, or leading, a Fraud Prevention team, there are a number of ways you can support your business and keep on top of the situation. Here are just a few: Increase and update your investigation capacity. This team are the front line of your business’ Fraud defence team, interacting with customers daily and spotting new scams. During an uncertain period, retention and team stability is key. These are the people that understand the day-to-day Fraud challenges you face and will be essential in fighting any future challenges.  Sharing Fraud Prevention knowledge is key. Throughout this crisis, trends will be evolving quickly and working collaboratively across teams, and even other businesses, is the best way to combat this. We consistently hear from Fraud Managers that the key to beating Fraud is to share information and knowledge. Despite this, there is always a hesitation amongst companies to admit that they have been a victim to an attack. Perhaps now is the time to change this. Invest in Machine Learning and real time updates for your Fraud defences. Fraud technology has moved on from script writing in SQL and rule changes. Businesses need a real time reactive response and now is an important time to be embracing new technologies. There are a number AI-driven off the shelf packages available or, for a more bespoke solution, a Fraud Data Scientist can create something internally. Educate your team. It may seem simple, but the Fraud team can play a crucial role in minimising any potential risk from human-error. Educating employees on the risks they may face when working remotely, or what scams they need to look out for, is one of the most effective ways of fighting Fraud.  PREPARING YOUR BUSINESS Success in the fight against Fraud isn’t purely down to the group of individuals that make up the Fraud team. As a business, now is the time to be making decisions that can help you stay ahead of the Fraudsters. Here are some considerations: Consider investing in tech as an your immediate response. Not just to bolster your Fraud defences (although there are plenty of vendors offering AI-based solutions), but also technology for your employees to keep work as normal as possible such a sharing platforms, DevOps technology and video calling networks. One of the best ways to block some of the vulnerability loopholes fraudsters are trying to exploit is to keep working habits as close to normal as possible as you move to a remote solution. Be transparent with your customers. Consumers are being incredibly savvy and noting how businesses respond to the pandemic in a way that could have a big impact when normality returns. But they’re also being more empathetic and are willing to understand difficulties. For example, shopping delivery service Ocado were open and transparent when their system could not initially deal with demand. Having communicated the difficulties, worked through their issues and gone the extra mile to let customers know how they can be supported in this time, the received minimal backlash. There is an understanding that we’re all in this together. Finally, if you have the budget, continue to staff up - particularly in competitive fields such as Data Science. A lot of top Data professionals are currently at home and much more accessible than they have been in a long time. With a number of ways to remotely interview and onboard both permanent and contract staff, if you are able to get begin conversations with them now, you’ll have an edge in what will be a very competitive market come later in the year.  If you’re looking to take your next step in the world of Fraud, we may have a role for you, including a number of remote opportunities.  Or, if you’re looking to expand and build out your Fraud team, get in touch with one of expert consultants who will be able to advise on the best remote and long-term processes. 

How Will New Financial Risk Regulations Affect European Banks?

How Will New Financial Risk Regulations Affect European Banks?

The financial crisis of 2007-2008 changed banking. The world moved from taking mortgage loans in our dogs’ names to introducing strict regulations for banks prohibiting them from giving out loans to “anyone” without assessing Risk properly. In 2010 the Basel Committee on Banking Supervision (BCBS) introduced BASEL III, a regulatory framework that builds on BASEL I, and BASEL II. This framework changed how banks and financial institutions asses risk. It introduced an Advanced Internal Rate Based Approach (Commonly known as the AIRB approach).  Now, the committee has introduced new changes and, by 2022, all banks and institutions will have to implement the revised IRB Framework, as well as new revised regulations for the standardised approach, CVA Framework and new frameworks for Operational Risk and Market Risk. So, what does this mean for those working Risk? Change Is Coming Change is inevitable, no matter what you do. If you work in Risk Management and Compliance, change is something you can expect to happen, often. As mentioned above, by 2022 there will be lots of changes. The Basel Committee calls this initiative the “finalised reforms”, or BASEL IV which builds on the current regulatory framework BASEL III. Quickly summarised, the changes limit the reduction in capital that effect banks IRB models.  This change is predicted to impact banks in Sweden and Denmark the most, with estimations that capital ratio will fall by 2.5-3%, far higher than the 0.9% expected for the average European bank.  So what does all this mean for Swedish and Danish banks?  What’s Happening Now? One of the main things that Swedish and Danish banks need to revise for these new regulations, are their internal models. The new regulations introduced a new definition of Probability of Default, measured through a model commonly known as a PD model. Effectively this means that every bank must “re-develop” their internal PD Models in the IRB approach. Consequently, we are already seeing a clear response from the banks in their strategies moving forward. It has already become quite apparent that many banks are looking to make IRB model development their focus for 2019-2020 and 2021. This has resulted in a boom in the hiring space for developers with experience in IRB Modelling and Credit Risk Modelling in general, which in turn has led to high demand in the face of the low supply of these types of candidates. Understandably aware of this, modellers are now looking to negotiate higher salaries.  What You Can Do  For candidates that hold the right experience, there are good opportunities at hand. If so inclined, they can utilise this chance to finally see if the grass actually is greener on the other side, or not. However, there are a couple of things worth considering before making a move.   Firstly, are you actually keen on switching jobs? Your skills are probably equally in demand at your current employer and, if you are having doubts about moving from the get-go, you may well be able to negotiate a rise without pursuing a new opportunity. However, if you are serious about finding something new, this is a great time to do so. The majority of banks have found that these new regulations are creating an unsustainable workload,  and are now looking for talent externally to expand their teams. This means that the experienced modeller can pretty much have their pick of the litter.  Furthermore, if you are a junior modeller, there are now plenty of opportunities for you to enter a niche area known for being exciting and innovative. So, wherever you are in your career, these regulatory changes  are likely to have a large impact and open up new avenues for you to explore.   We all know that regulations in banking and finance are now essential, we all agree, even if they can be a little frustrating. However, what people often fail to think of are the opportunities new regulatory requirements create. In the case of BASEL IV, we’re already seeing an increase in demand for strong talent, and a demand for people who are passionate about Risk Management and model development.  For businesses, new regulations also provide the chance to not only improve their teams, but to  create new models that can be utilised to optimise and automate. A lot of financial institutions are already aware of this and are using these models to gain competitive advantage over their competitors, as well as to stay one hundred percent compliant.  If you’re looking to build out you Risk Management team or take on a new Risk opportunity for yourself, we may be able to help. Take a look at our latest opportunities or get in touch with one of our expert consultants to find out more. 

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