Manager, Credit Risk Analytics and Modelling in London

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's 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.

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

• Helping entities we audit 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 companies we audit 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 companies we audit 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 entities we audit's 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.

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.
• Python modelling software is essential.
• 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 entities we audit or other stakeholders and build great relationships.
• Good skills with modelling software such as SAS, SQL, MS Excel (including VBA), 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 visualization.

You’ll be based in Leeds, Manchester or London with hybrid working. You will have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. Please check with your recruiter for the specific working requirements that may apply to your role.