Manager, Quant, Credit Risk

Ernst & Young, City of Westminster

Manager, Quant, Credit Risk

Salary Not Specified

Ernst & Young, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted today, 23 Nov | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: c20abc5a69504a33bbf33c5b23fd5a3c

Full Job Description

As a Manager in the team you can expect to be involved in the following activities:

  • Manage a team on quantitative credit risk engagements, providing support to junior team members, ensuring effective communication, timely delivery and reporting on progress to senior stakeholders
  • Drive business development opportunities, contributing to proposals and playing a key role in work winning
  • Take a lead role on project planning, budgeting and internal reporting
  • Preparing and presenting external reports and schedules that will be delivered to clients and other parties
  • Develop and maintain productive working relationships with clients while building strong internal relationships within the advisory practice and across other services
  • Conduct performance reviews and contribute to performance feedback for staff, providing training, coaching and mentoring where required
  • Maintain an educational program to continually develop personal skills and take an active role in side of desk activities
  • Promote an inclusive and positive working environment, We're looking for problem solvers, with strong proven project management skills who can demonstrate a depth of quantitative credit risk experience. You should also be comfortable taking ownership as well as working as a team member who has a real desire to share responsibility and provide support to your colleagues, whilst maintaining constant communication on the progress of engagements.

    Recent leadership experience managing high performing teams to deliver outstanding results
  • Solid continuous experience in Financial Services, either as part of an institution; in an advisory or business consulting capacity to such organisations or in the regulation of such institutions
  • Strong academic background in a quantitative and technical course (Engineering, Quantitative Finance, Math, Physics, Statistics preferred) or equivalent
  • Excellent Credit risk knowledge across different regulations (IFRS9 / IRB (EBA GL and SS11/13) / Basel / Stress Testing (BoE/EBA/CCAR guidance) / MRM (CP6/22 and PS6/23) and modelling areas (DoD, Scorecards, PD, LGD, EAD, ECL and model adjustments)
  • Proven experience in model development, monitoring and/or validation of credit risk models
  • Knowledge of credit risk programming languages such as SAS, Python, SQL, R and other tools such as Microsoft Excel, VBA, Word and PPT
  • Recent leadership experience managing high performing teams to deliver outstanding results
  • Excellent communication skills, with the ability to explain technical complex credit risk concepts in a simple way to colleagues/stakeholders with different levels of understanding of credit risk
  • Drive the delivery of given tasks, ensuring their timely delivery
  • What we look for We are interested to hear from people with the right attitude for the job! That's naturally curious and innovative people that feed on the energy of a thriving global team. You'll need a balance of technical and analytical skills, a creative approach to work and strong communication skills. If you've got big ideas on how we can do better, this role is for you.

    EY is seeking a Manager to become part of our Credit Risk team. With industry-wide emphasis fuelling rapid growth in Credit Risk, it presents an ideal opportunity to join our esteemed, diverse group. You will collaborate with a variety of highly knowledgeable well-informed colleagues on some of the most interesting engagements in the sector. Our Credit Risk team works closely with other EY financial services risk practitioners, as well as our IT Advisory and Financial Accounting teams, bringing together the range of quantitative modelling and technical skillsets needed to support our clients' complex requirements. We offer our clients comprehensive solutions to industry wide challenges, including IFRS9, Stress Testing, IRB and Basel, Model Risk Management, capital management, credit automation, model re-platforming and many others. Through our delivery, we apply a wide range of traditional modelling skills sets as well as newer more tech-enabled ones, such as machine learning and Generative AI. The opportunity As part of our team, you will have the opportunity to work with many of the world's leading banks, and to leverage the deep knowledge and wide-ranging skills and experience of your Credit Risk colleagues. The successful Credit Risk Manager will lead client engagements and internal projects. You will also take the lead in identifying and escalating potential business opportunities for EY on existing engagements. You will also help create a collaborative and inclusive working environment by practicing active listening skills and respecting differences. Similarly, you will anticipate and identify risks and raise any issues with senior members of the team. In line with our commitment to quality, you will review work, determine that it is of a high quality and is reviewed by the next-level reviewer. As an influential member of the team, you'll help to create a positive learning culture and will coach and counsel junior team members and help them to develop. Your career journey will also be supported by an EY counsellor, and you will be encouraged to ask questions and seek collaborative solutions with your teammates to tackle the challenges that arise on client projects.

    We offer a competitive remuneration package. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:
  • Continuous learning: You'll develop the mindset and skills to navigate whatever comes next.
  • Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way.
  • Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs.
  • Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs.

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