Credit Risk Consultant

Winning
📍 Madrid, Spain, Spain 💼 Full-time 🕒 Posted March 01, 2026

Job Description

Winning Consulting is looking for a Credit Risk Contultant, to jon a project for one of our multinational client in the banking sector in Madrid. 

Functions: 

+ Lead independent validation CCR exposure (IMM) and XVA models across derivates portfolios, ensuring conceptual soundness, implementation integrity, and ongoing performance monitoring.

+ Own IMM backtesting / outcomes analysis (EPE/ EEPE/ PFE), including methodology design, segmentation, thresholds, exception governance, and root - cause investigations.

+ Provide effective challenge of key modeling components: Monte Carlos exposure engines, risk factor simulation/ calibration, curve/ discounting, and portfolio aggregation.

+ Validate netting and collateral (CSA) mechanics (VM/ IM where aplicable), MPoR, close- out assumptions, and key limiatations/ use restrictions.

+ Develop and maintain benchmark/ challenger testing and sensitivity/ stress frameworks to assess model stabili...

Ready to Apply?

Submit your application today and join our talented team at Winning.

Submit Application

Job Details

  • Location Madrid, Spain
  • Job Type Full-time
  • Category other-general
  • Posted Date March 01, 2026
  • Application Deadline March 05, 2026