Senior Manager - Credit Risk Modelling

Senior Manger - FS - CRA - BLR

Job details

•Proposed designation 
Senior Manager •Role type 
Team Management & Supervisory Role •Reporting to  
Director or above •Geo to be supported 
United Kingdom •Work timings 
9:00 AM to 5:30 PM IST (Subject to delivery requirements)

Summary of Role Purpose

As a Credit Risk Modelling Senior Manager, you will have a senior technical specialist role supporting the external audit of credit risk models (IFRS9, CECL, etc.).  You will have accountability for  managing workstreams of large complex audits, from the initial scoping and planning phases to the delivery of testing. 

As a member of our leadership team, you will work closely with the Directors and Partners to define the team’s strategy, contribute to the team’s thought leadership, and support colleagues in resolving the most complex technical issues.

You will be responsible for leading teams of and supervising the work of staff, providing coaching and development to assist them in the effective delivery of engagements. You will also have performance management responsibilities for a small number of employees.

The role offers exposure to a wide range of techniques used by institutions, from globally systemically important banks to small credit providers. It also provides access to the latest technology, including data processing and software packages like Python, R and SAS

Roles and Responsibilities

•Managing and executing quantitative testing engagements for large and complex engagements. This includes activities from scoping and planning, budgeting, progress tracking and the review of deliverables. •Critically assessing appropriate model documentation against the requirements of the accounting standard and industry practice. •Independently reperforming the procedures and tests detailed within the model documentation using the appropriate software packages •Completing associated documentation for quantitative testing in a clear and succinct manner •Acting as a key point of contact for other technical specialists to answer complex technical issues. •Providing thought leadership on evolving issues in the market. •Supporting the Credit Risk Assurance leadership in the running of the department •Leading the development of next generation audit tools and methodologies. •Managing, coaching and training of team members. •Performance managing junior team members, ensuring that you are having rich development conversations that supports their growth and career progression.

Mandatory  technical & functional skills

Our Global Audit & Assurance Technical core competencies provide clarity and consistency of expectations to ensure the minimum audit technical requirements are being met by level to drive Audit Quality, which is fundamental to achieving our ambition to become the most trusted and trustworthy firm. The relevant competencies for this role are:

•Technical Knowledge:  Understands relevant technical accounting and financial reporting standards as well as being well versed in contemporary statistical techniques and practices in credit risk modelling. •Technology Skills:  Able to read, interpret and create software code, and is well versed in modern computing languages related to credit risk modelling (e.g. SAS, Python, or R). •Professional skepticism and issue identification:  Applies professional skepticism, objectivity and independence to identify and support resolution of potential audit issues. •Documentation: Completes  audit documentation demonstrating an unwavering focus on audit quality. •Detailed understanding of IFRS 9 and other relevant accounting standards is essential. •Detailed understanding of credit risk models and statistical estimation processes is essential. •Able to direct complex code development in languages like R, Python, SAS. •Proven track record of managing and delivering a portfolio of complex workstreams with stakeholder. •Extensive experience of leading and performance managing teams, coaching and mentoring staff at all levels.

Work Experience

•11-15 years of experience with a Big 4 in a client facing environment working with corporate and/or international or captives of top tier banks is preferred.  

Educational Qualification

•Degree in a quantitative subject is desired. •Excellent written and verbal communication skills; able to communicate complex matters in a clear and compelling manner. •Strong organisational and time management skills; able to work effectively in a fast-paced environment with conflicting priorities and deadlines. •Self-driven and resilient; able to thrive in a high-pressure environment. •Strong analytical skills and attention to detail; able to analyse and interpret complex technical information. •Effective team working skills; works collaboratively with others, building effective relationships and working towards shared goals. •Takes full accountability for their team’s delivery of high-quality work. •

Experience Level

Senior Level