Assistant Manager, Credit Risk Analytics and Modelling

Assistant Manager, Credit Risk Analytics and Modelling London, England

Deloitte
Full Time London, England 33000 - 74664 GBP ANNUAL Today
Job description

Basic information
Location
London
Service line
Audit & Assurance
Date published
19-May-2023
Req #
12707
Job description

Connect to your Industry

Our Assurance practice encompasses skills across regulation and finance with a deep analytics capability. We harness these to provide Assurance to those charged with governance, serving the public interest. Working in Assurance means you will have an opportunity to work alongside leading experts, as we help build and enhance trust between businesses and the public, by responding to emerging issues and protecting the public interest. Providing assurance to help businesses become more resilient, agile and better prepared for the future.

To be resilient, businesses must be ready to respond to current and future challenges and opportunities. They are increasingly being required to be more transparent with their reporting, to drive trust and confidence in the market, and protect the wider public interest.

Assurance builds, maintains and develops confidence. We provide independent assurance by assessing the risks and underlying processes, providing conclusions as to which risks are being managed and mitigated in line with the business’ appetite for risk. Deloitte’s assurance offerings help those charged with governance to understand their business and build trust amongst key stakeholders and regulators.

Analytics

High quality and transparent reporting on data use and compliance of data handling is critical for both regulatory compliance and for rebuilding the trust of the public. Our dedicated Analytics team specialise in helping clients understand their data. By working seamlessly with the Specialist, Modelling and Analytics, Central and Securitisation teams we are able to get client projects over the line, often against challenging timelines.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, that covers audit, risk advisory, and consulting services across tax, legal, business, technology and corporate finance, we help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.

Connect to your opportunity

As a member of the Credit Risk Analytics team, your role will include:

  • Helping our clients improve and develop their credit measurement capabilities focussing on IFRS9, IRB and stress testing approaches across the full range of credit asset classes.
  • Providing credit measurement modelling and analytics services to clients.
  • Supporting a client's 1st Line teams with the build of new models or improvement/review of existing models, support to 2nd Line oversight/model review functions or to 3rd Line Internal Audit teams
  • Help clients with designing and improving their wider credit measurement ecosystems; for example practices around insight into movements, data, controls, model risk management, model monitoring and maintenance, reporting and external disclosure
  • Supporting Deloitte's external audit of IFRS9 and assurance of RWA through challenge of our clients' methodological approaches and quality of implementation to identify material weaknesses or areas of concern
  • Supporting other credit measurement-related projects such as acquisition due diligence, stress testing and Asset Quality Reviews
  • Contributing to thought leadership around credit measurement best practice and its evolution
  • Contributing to the Analytics & Modelling team's strategy and identifying new opportunities for Deloitte to help its clients
  • Building long-term relationships with clients to be regarded as a trusted advisor
  • Working in a diverse team and promoting an inclusive culture where colleagues are recognised for their contribution

Connect to your skills and professional experience

Essential

  • Good credit modelling skills and experience in the development, delivery and/or validation of credit risk models under one or more of the IFRS9, IRB and forecasting/stress testing regimes
  • Understanding of the management of credit financials, associated governance and stakeholder perspectives
  • Knowledge of the financial services industry and the credit fundamentals of different asset classes
  • Ability to communicate complex concepts to non-expert audiences
  • Project management and leadership skills
  • Ability to partner with clients or other stakeholders and build great relationships
  • Good skills with modelling software such as SAS, SQL, MS Excel (including VBA), Python, R
  • Ability to think creatively, generate innovative ideas, challenge the status quo and deliver effectively

Desirable

  • Knowledge of current economic and market trends
  • Understanding of regulator and/or auditor point of view
  • Commercial understanding of the use and business consequences of rating system outputs
  • Understanding of wider rating systems concepts including data, systems, controls, use test etc.
  • Understanding of the changing regulatory environment as it relates to credit measurement
  • Experience with data visualisation

Connect to your service line - Audit & Assurance

We know it’s not just about the numbers. Often, we let the technology take care of those. It’s about the creative and collective thinking or our people. That’s where the true insight is found. We’re redefining the future of audit. Come join us.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints. This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm. The recruitment team will provide further detail as you progress through the recruitment process.

Connect with your colleagues

“Deloitte is known for its flexible working environment and the support it offers to new parents. As a first-time mother I was a bit nervous joining the team, but the people around me have made it easy for me to manage my career around personal commitments. “

“I assumed the culture would be very corporate, however, I have worked with people who have different personalities and approaches to the way they work. We do have a clear brand, but everyone is encouraged to be themselves.”

  • Alice, Audit and Assurance

“The team I support works with one of Deloitte’s biggest clients. To be involved with such an influential client so early in my career is really rewarding; I love it.”

  • Owen, Audit and Assurance

The progression at Deloitte is steady and I’ve always felt in control of my own career path. You can learn something new here every day which I really enjoy.

  • Ali, Audit and Assurance

Connect to your agile working options

Location: London based with occasional domestic and international travel

Your Work, Your Way: We call our hybrid working vision Deloitte Works. And it does. We trust you to make the right choices around where, when and how you work. You’ll be able to make decisions about how you work best, to be collaborative, learn from colleagues, share your experiences, build the relationships that will fuel your career and prioritise your wellbeing. Having great conversations with your team and your leadership paves the way for great collaborative ways of working.

Discover more about our locations.

Connect to your return to work opportunity

Are you looking to return to the workplace after an extended career break?

For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.

Our commitment to you

Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers

RTWPROG WPFULL SLAUDA

Assistant Manager, Credit Risk Analytics and Modelling
Deloitte

http://www.deloitte.com
New York, United States
Joe Ucuzoglu
$10+ billion (USD)
10000+ Employees
Company - Private
Accounting & Tax
Finance
1850
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