Assistant Manager, Credit Risk Analytics and Modelling in Manchester

Assistant Manager, Credit Risk Analytics and Modelling in Manchester

Manchester Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our Credit Risk Analytics team to enhance credit measurement capabilities and deliver impactful modelling services.
  • Company: Deloitte, a leading firm known for its inclusive culture and commitment to professional growth.
  • Benefits: Hybrid working model, support for career breaks, and opportunities for continuous learning.
  • Other info: Collaborate with diverse teams and build long-term client relationships as a trusted advisor.
  • Why this job: Make a real difference in the financial services industry while developing your skills in a dynamic environment.
  • Qualifications: Experience in credit modelling, strong communication skills, and proficiency in Python and data analysis tools.

The predicted salary is between 60000 - 80000 £ per year.

As a member of the Credit Risk Analytics team, you will work to improve the credit measurement capabilities of entities audited, focusing on IFRS9, IRB and stress testing across credit asset classes. You will deliver credit measurement modelling and analytics services and support clients in building and enhancing their credit measurement ecosystems.

Responsibilities

  • Help entities we audit improve and develop their credit measurement capabilities focusing on IFRS9, IRB and stress testing approaches.
  • Provide credit measurement modelling and analytics services to clients.
  • Support 1st Line teams with building new models or improving existing models, support 2nd Line oversight/model review functions or 3rd Line Internal Audit teams.
  • Assist clients in designing and improving wider credit measurement ecosystems (data, controls, model risk management, monitoring, reporting and disclosure).
  • Support Deloitte's external audit of IFRS9 and assurance of RWA through challenging clients' methodological approaches and identifying material weaknesses.
  • Contribute to projects such as acquisition due diligence, stress testing and Asset Quality Reviews.
  • Contribute to thought leadership around credit measurement best practice.
  • Support the Analytics & Modelling team’s strategy and identify new opportunities for Deloitte.
  • Build long‑term relationships with clients as a trusted advisor.
  • Promote an inclusive culture within a diverse team.

Essential Skills

  • Good credit modelling skills and experience in development, delivery and/or validation of credit risk models under IFRS9, IRB or forecasting/stress testing regimes.
  • Understanding of credit financial governance and stakeholder perspectives.
  • Knowledge of the financial services industry and credit fundamentals of various asset classes.
  • Ability to communicate complex concepts to non‑expert audiences.
  • Project management and leadership skills.
  • Ability to partner with audit clients and build strong relationships.
  • Python modelling software skills (mandatory).
  • Good skills with SAS, SQL, MS Excel (including VBA), R.
  • Creative thinking, ability to generate innovative ideas and challenge the status quo.

Desirable Skills

  • 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.
  • Knowledge of wider rating system concepts such as data, systems, controls and testing.
  • Aware of the changing regulatory environment for credit measurement.
  • Experience with data visualisation or equivalent.

Location & Working

Based in Leeds, London or Manchester with a hybrid working model. Work will involve time in the local office, virtual collaboration spaces, client sites, and remote work.

Return to Work Support

Support is offered for individuals returning to work after an extended career break of two years or more, including coaching to refresh knowledge and skills.

Our Commitment

Deloitte is committed to creating an inclusive environment that values diversity, fosters well‑being, and supports continuous professional development.

Assistant Manager, Credit Risk Analytics and Modelling in Manchester employer: Hm Revenue & Customs (Hmrc)

Deloitte is an exceptional employer that prioritises professional growth and inclusivity within its Credit Risk Analytics team. With a hybrid working model based in vibrant cities like Leeds, London, or Manchester, employees benefit from a supportive culture that encourages innovation and collaboration, alongside comprehensive return-to-work support for those re-entering the workforce. The company not only values diversity but also invests in continuous development, making it an ideal place for individuals seeking meaningful and rewarding careers in credit risk analytics.

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Contact Details:

Hm Revenue & Customs (Hmrc) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Assistant Manager, Credit Risk Analytics and Modelling in Manchester

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

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Apply Directly and Be Proactive

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We think you need these skills to ace Assistant Manager, Credit Risk Analytics and Modelling in Manchester

Credit Modelling
IFRS9
IRB
Stress Testing
Data Analysis
Project Management
Python

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Hm Revenue & Customs (Hmrc).

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Hm Revenue & Customs (Hmrc)'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Hm Revenue & Customs (Hmrc)

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Hm Revenue & Customs (Hmrc).

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Hm Revenue & Customs (Hmrc) will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Hm Revenue & Customs (Hmrc) employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.