Description

At Finalyse, for over 35 years, we have supported (re)insurance and banking clients in navigating changes and embracing innovations in valuation, risk management, and regulatory compliance. Our commitment to contributing to a sustainable and resilient financial system drives us every day. We empower our talented consultants to design and implement efficient, pragmatic solutions, fostering a collaborative spirit with partners and clients. Our unique blend of financial and technological expertise has been the cornerstone of numerous successful projects and enduring relationships.

We embrace diversity at Finalyse, recognising the unique strengths everyone brings, and we are committed to creating an inclusive working environment that respects diverse beliefs and backgrounds.

THE ROLE

We are seeking a Consultant in Quantitative Risk Modelling to join our Risk Advisory practice and support banking clients across a broad range of quantitative models. In this role, you will be involved throughout the full model lifecycle, from design and methodological development to implementation, testing, and independent validation.

You will advise banking clients on quantitative risk modelling, including credit risk, IFRS 9 provisioning, Pillar 2 modelling frameworks, stress testing, economic capital modelling. Senior team members also mentor colleagues and coordinate projects.

You will work on a wide spectrum of models, including credit risk (PD, LGD, EAD/CCF), IFRS 9, Economic Capital, and Pillar 2 models such as concentration risk, operational risk, and other non-Pillar 1 risks. Your work will help ensure that models are technically robust, well governed, and fully aligned with regulatory and supervisory expectations.

As a Consultant, you will contribute to complex quantitative projects and collaborate closely with clients to translate analytical insights into practical, risk-informed decisions. This role combines strong quantitative expertise with applied problem solving, enabling banks to rely on accurate, transparent, and well-governed models for decision-making and regulatory compliance.

RESPONSIBILITIES

• Participating in and leading engagements within the Risk Advisory practice in the quantitative domain for banking clients.
• Participating in the development of credit risk and related models, from model design through to model implementation, using advanced technologies and software packages.
• Participating in model validation assignments and providing clients with appropriate recommendations to improve models and related processes.
• Working as a member of a team of talented professionals or, depending on experience, coordinating workloads across multiple projects while coaching and mentoring junior staff.
• Building and maintaining close relationships with clients.
• Participating in business development initiatives and internal projects.
• Raising and promoting the company's image in the financial industry through publications in the Regbrief and participation in external conferences and networking events.

REQUIREMENTS

• Master's degree in econometrics, physics, mathematics, or applied economics with an academic track record in a quantitative field.
• A certification like FRM or PRM would be an advantage.
• At least 2-3 years of experience in Financial Services in the banking sector.
• Affinity with banking products: retail and non-retail.
• First hands-on experience in the following areas: model development or model validation, valuation models for financial instruments etc.
• Relevant regulatory knowledge (Basel III/IV, CRR 3, IFRS9, ...)
• Good command of specific packages like Matlab, SAS, R, Python or VBA.
• Ability to work autonomously in a result-oriented environment.
• Very good communication, writing and presentation skills in English.
• Fluency in French or Dutch, both written and oral is a plus.
• Readiness to travel throughout Europe.

WHY FINALYSE

• A meaningful role and mission contributing to the stability and responsible innovation of the financial sector.
• A diverse, multinational team of talented specialists and senior experts, committed to sharing knowledge, supporting each other, and driving collective success.
• A clear and flexible career path, with the freedom to shape your own specialization and grow quickly in a flat, agile organization.
• Personalised development through tailored technical training, recognised certifications, and continuous learning.
• A healthy work culture and environment that values wellbeing, work-life balance, and sustainable consulting practices.
• Flexible ways of working with hybrid/remote options, trust-based autonomy, and openness to part-time arrangements.
• A competitive compensation and benefits package, including healthcare, pension, and sustainable mobility options, etc.
• International exposure and opportunities to travel and work with clients and colleagues across Europe and beyond.
• Innovation and thought leadership opportunities, including internal initiatives, research groups, and access to modern tools and structured methodologies.