Consultant, Risk & Compliance – Credit Risk (Financial Services) – Stuttgart

Consultant, Risk & Compliance – Credit Risk (Financial Services) – Stuttgart, Germany

Locations : Germany | Austria

What You’ll Do

• Work as part of cross-functional project teams across financial institutions to develop and implement tailored credit risk strategies, frameworks, and operating models, conducting in-depth quantitative and qualitative analyses to inform client decision‑making.
• Drive delivery across core credit risk project types, including Credit Process Optimization, Credit Model Development and Validation (PD, LGD), Asset Quality Reviews (AQR), and IFRS 9 impairment frameworks.
• Collaborate closely with client teams to ensure successful delivery of regulatory compliance programs, credit risk model validations, and risk governance redesigns.
• Serve as a key contributor in credit risk transformation projects, applying your expertise to maximize client impact.

What You’ll Bring

• Relevant experience in credit risk within financial services or management consulting, particularly in credit underwriting, PD/LGD model development or validation, regulatory capital, IFRS 9, or lending operations.
• Experience working on or alongside regulatory bodies in a supervisory, advisory, or project capacity is a plus. Strong analytical and problem‑solving skills in quantitative credit risk modelling and financial analysis, with a solid understanding of credit risk model mechanics (PD, LGD) and proficiency in AI‑assisted analytics and credit risk platforms used in major banks, as well as tools such as Python or R.
• Financial Institutions Experience: Demonstrated track record of delivering credit risk projects for major European banks, helping them address complex regulatory, modelling, and operational challenges.
• Excellent Communication Skills: Ability to communicate clearly and persuasively at the C‑suite level and build trusted, long‑term client relationships.
• Fluent oral and written language skills: German (C1) and English.

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws. BCG is an E – Verify Employer. Click here for more information on E-Verify.