Senior Manager, Credit Risk Analytics and Modelling, Audit and Assurance - #1800792

Connect to your Industry

Deloitte's UK Financial Services Audit and Assurance practice provides a full range of high value external audit services to many of the world's leading financial institutions, including banks, brokers, insurers, investment managers, investment and pension funds, private equity businesses and more. Our portfolio of audit clients includes some of the largest and most complex businesses that Deloitte work with. They are influential, exciting and at the heart of the UK economy.

Our Assurance work requires 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.

In joining our Credit Risk team, you will partner with world-renowned clients, helping them to leverage the power of their data to solve their most complex business challenges. You will be part of a market-leading team, bringing together people and insights from a variety of sources and backgrounds. You will work on cutting edge projects in a multi-disciplinary team of specialists, accelerating your learning and allowing you to progress more quickly.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, 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 leader within the Credit Risk team, your role will include:

• Providing credit measurement modelling and analytics services to clients. This could involve 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
• Helping 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 Credit Risk team’s strategy and identifying new opportunities for Deloitte through going into the market and business development
• Leading the Credit Risk team, including project management/leadership of client engagements, developing talent and capability and acting as a role model for Deloitte’s values and behaviours
• Building long-term relationships with clients to be regarded as a trusted advisor a diverse team and building an inclusive culture where people are recognised for their contribution
• Managing diverse teams within an inclusive team culture where people are recognised for their contribution

Connect to your skills and professional experience

Essential:

• Expert 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
• Strong skills and experience with modelling software such as SAS, SQL, Python and R
• Good understanding 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
• Experience of developing talent and coaching a team
• Ability to think creatively, generate innovative ideas, challenge the status quo and deliver effectively

Desirable

• Knowledge of current economic and market trends
• Experience interacting with regulators and/or auditors
• Commercial understanding of the use and business consequences of IFRS9 and capital 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 business - 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.

Assurance

Businesses need to be resilient and transparent in their reporting to build trust and confidence. Assurance practitioners play a key role in achieving this through independent review and challenge of management’s views on a range of regulatory and reporting requirements, whether financial, operational or compliance in nature.

For a full job description please visit our online Deloitte Careers portal.