GER | Experienced Consultant or Junior Manager Risk & Balance Sheet Management

Who we are

True North Partners LLP is an independent consulting firm with presence in Amsterdam, Dubai, Frankfurt, Johannesburg, Lisbon, London and Madrid, Singapore. We have extensive global experience and industry recognition in the financial services, risk management and finance communities.

True North Partners is uniquely distinct from the typical consultant firms due to the following:

• Being a boutique consulting firm focused on risk, finance and strategy, we deliver innovative concepts and methodologies based on specialist experience and analytical backgrounds

• Working across multifaceted competencies of risk, finance and strategy we overcome the traditional silo thinking and offer client-specific solutions as well as sustainable implementation development strategies

• Being people driven we allow members of all levels to actively participate in the running and development of our young firm

What we offer

Our company is built for and around its people. It is part of our culture for each member of the firm to take part in the running and development of True North Partners such as business development, marketing and management tasks. A sense of ownership for the firm is a central tenet to our overall behaviour. In particular, we offer:

• Challenging projects with leading financial institutions around the globe, where we are at the fore-front of innovation in products and methodologies

• A motivating, inspiring and team-oriented work environment with co-workers from a variety of hemispheres and backgrounds

• The opportunity to help shape a unique, professional environment with flat hierarchies and superior career opportunities

What we expect

We are looking for an entrepreneurial and dynamic consultant to strengthen our team:

• 3+ years of experience in experience in Financial Consulting and/or Banking Industry (ideally Credit Risk Management/Risk Controlling)

• Strong understanding of prudential requirements for banks

• Post-graduate Risk, Finance or Quantitative qualification, supplemented with professional qualifications (e.g., CFA, FRM), with strong analytical foundation

• Proficiency in Excel; nice-to-have: R, Python and knowledge of their uses in the work environment

• Consulting background highly preferable

• Commercial mindset and ability to develop and grow personal client relationships and networks

• Ability to participate and contribute to marketing efforts, relationship management and commercial proposals

• Sound understanding of and practical experience with subject matter expertise (at leading financial institutions) such as:

  • ICAAP / ILAAP, capital / liquidity management and planning

  • Risk appetite and risk strategy, Enterprise Risk Management (ERM) and risk frameworks

  • Stress Testing, scenario analysis and forecasting

  • Regulatory and economic capital (incl. capital & RWA optimization)

  • Recovery and resolution planning

  • Balance sheet management / financial resource management

  • Credit portfolio management and profitability optimisation

  • Funds transfer pricing (FTP), asset liability management (ALM), regulatory liquidity ratios (e.g., LCR / NSFR)

• Strong presentation skills and an ability to effectively communicate with senior and non-technical stakeholders

• Experience with the delivery of high-priority projects and activities, under pressurized conditions

• Experience with leading more junior team members with the execution of project tasks

• A keen interest in supporting business development and contributing to the commercial success of our firm

• Creative and lateral thinking as well as an intellectually curious mind

• Ability to structure complex tasks in a goal-oriented way and deliver innovative solutions under tight timelines

• Fluent in German and English (incl. the ability to create longer professional reports)

• Openness to travel, mainly within Germany/Austria