Senior Risk Consultant

Financial Risk Management - Senior Consultant / Manager

Tasks

• Refine how banks measure their expected credit losses and report their loan-loss provisions (PD/LGD modelling)
• Tackle emerging risks with regards to the impact of climate change on banks' portfolios (physical and transition risks)
• Assess the impact of fluctuations in interest rates on banks' balance sheet
• Perform stress tests to assess capital and liquidity adequacy as part of ICAAP/ILAAP, recovery and resolution planning
• Anticipate the impact of upcoming regulatory changes and draw roadmaps to tackle the identified gaps
• Remain attentive to trends in the banking sector (economic, financial & regulatory) and pro-actively identify opportunities to support clients tackling the associated challenges
• Take the lead on internal initiatives incl. the organization of client events, drafting of briefing notes and preparation of client presentations
• Take responsibility and ownership for certain topics within your areas of expertise (incl. regulatory watch) and share your insights and best practices with colleagues

Benefits

• We are a non-hierarchical organization and promote openness, teamwork and knowledge sharing within the firm and wider group of Reply companies
• We offer a dynamic and collaborative working
• Internal events and team building activities are regularly organized for our employees to connect and build relationships
• We offer a competitive base salary and flexible benefits package (mobility policy, hospitalization insurance, etc.). In addition, we offer a range of incentives and bonuses to reward performance
• Consultants arrange their time schedule at the client, within our offices and at home. There may also be opportunities to travel abroad (mainly within Benelux and France)
• Continuous learning with sponsorship of work-related certification programs
• Possibility to learn about the financial markets, global regulations, and innovative technologies

Qualifications

• Master's degree in Economics, Finance, Actuary, or relevant business field
• Proven relevant professional experience, whether in the industry or in a management consulting firm
• Good knowledge of bank accounting (IFRS 9) and prudential regulations (CRR / CRD, BRRD, SREP, etc)
• Quantitative skills and proficiency with VBA, R, Python and/or SAS
• Interest in business development and constant attention to identify potential challenges for our clients and devise practical solutions
• Creative problem-solving skills and ability to diagnose issues and develop solutions. Ability to work independently while also demonstrating real team-working skills
• Excellent oral and written communication and presentation skills, and ability to demonstrate these skills effectively across all levels of the organization
• Fluent in English and at least one of the following languages (French or Dutch)

About Avantage Reply
Avantage Reply, part of the Reply Group, specialises in Financial Services consulting with a focus on Governance, Risk and Finance Transformation, Treasury and Capital, Quantitative Modelling, Compliance and Regulatory Advisory. With offices across Europe, we count some of the world's most significant financial groups among our clients, including in Investment, Retail and Commercial Banking, Custodian Banking, Insurance and Investment Management .