Senior Manager - BCG Vantage, Credit Risk

Senior Manager - BCG Vantage, Credit Risk

Location: Frankfurt | London

About Us

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. We help clients with total transformation—innovation, change, growth, competitive advantage, and bottom‑line impact.

We blend digital and human capabilities. Our global teams bring deep industry and functional expertise to spark change, delivering solutions through leading‑edge management consulting, technology, design, corporate and digital ventures, and business purpose. We work collaboratively across the firm and across all levels of the client organization, generating results that allow clients to thrive.

What You’ll Do

As a Senior Manager – BCG Vantage on the Topic Activation path within BCG’s Risk & Compliance (R&C) Practice Area (PA), you will deliver against client and commercial priorities for Credit Risk Management. In a consulting capacity you will support case teams and manage assets, IP, tools, and team processes.

You will grow and deploy a team of experts to support client case work, content development, and business build initiatives. You will lead the Intellectual Property (IP)/content agenda for your topic, building technical tools with support from internal IT colleagues. You will be responsible for the team’s performance across key performance indicators (case billability, quality, content creation, etc.).

The R&C PA helps clients manage key risks strategically, advance resilience, and establish a profound risk culture, by defining and transforming operating models. We cover a diverse set of topics across financial and non‑financial risks and enable clients’ strategy through technical enablement and deep expertise in risk modelling, analytics, and digitization.

As a Senior Manager – BCG Vantage, you will engage with case teams & clients based on your expertise, demonstrating differentiated impact and value‑add. You will support clients with complex credit risk challenges across banks and FinTech lenders, optimizing credit processes to improve customer experience, reduce costs, and enhance credit decision quality.

You will be experienced in organisational risk management processes, including risk assessment methodologies, risk appetite and tolerance setting, compliance monitoring, issue management, corrective action plans, control design and testing, and key risk indicators. You should be technologically savvy, able to interface with technical teams, and inquisitive about AI in risk management, including building and using AI tools in second‑line functions and AI risk management. Familiarity with risk tech and reg tech is desirable. Experience supporting heavily regulated corporates through regulatory scrutiny or transformation is valuable.

YOU'RE GOOD AT

• Leading problem solving and solutioning for clients and driving towards pragmatic solutions tailored to the business context
• Leading development and commercialization of knowledge and assets (e.g., tools, non‑financial risk frameworks, target operating models, cost‑optimisation scenarios)
• Engaging and communicating with senior stakeholders, demonstrating expert presence and credibility
• Leading projects effectively, mobilizing the team to deliver on business priorities and commercial impact
• Coaching and mentoring team members, acting as a team ambassador and role model
• Working in a fast‑paced, ambiguous environment
• Staying current in your topic and forward‑thinking about market trends
• Working autonomously, understanding nuances and hierarchies in the operating environment
• Innovating, ideating and taking a proactive approach, applying yourself to the task at hand even when it is not a direct responsibility

What You’ll Bring

• Bachelor’s degree (or equivalent) required
• 5+ years consulting experience in Banking / Finance (preferred), or 7+ years industry experience (10‑12+ years strongly preferred)
• At least 2 years in a second‑line credit risk function or 1.5‑line business risk & controls focused on credit risk processes
• Experience designing and implementing credit risk models (PD, EAD, LGD, scorecards, stress testing) and credit portfolio assessment
• Experience preparing documentation and reports for senior management, auditors, and regulators
• Awareness and experience using Artificial Intelligence in credit risk management
• Fluency in English and German; additional fluency in Spanish or Italian is a plus
• Exceptional attention to detail and a reputation for thoroughness and integrity
• Outstanding interpersonal and communication skills to interact with and manage internal and external stakeholders across a global, collaborative team environment
• Solid commercial acumen

Who You’ll Work With

As a Senior Manager – BCG Vantage on the Topic Activation path, you will collaborate with global topic leads and colleagues across BCG to bring expertise and capabilities to our internal and external clients. Our team comprises a diverse pool of BCG Vantage positions that allow us to pursue exciting, innovative careers.

Equal Opportunity Employer

BCG 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 applicable law. Applicants with criminal histories will be considered in a manner consistent with applicable state and local laws.

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