EY Manager Quant Credit Risk 

United Kingdom, England, London 

916551341

London, Manchester or Edinburgh

Our Credit Risk team works closely with other EY financial services risk practitioners, as well as our IT Advisory and Financial Accounting teams, bringing together the range of quantitative modelling and technical skillsets needed to support our clients’ complex requirements.

We offer our clients comprehensive solutions to industry wide challenges, including IFRS9, Stress Testing, IRB and Basel, Model Risk Management, capital management, credit automation, model re-platforming and many others. Through our delivery, we apply a wide range of traditional modelling skills sets as well as newer more tech-enabled ones, such as machine learning and Generative AI.

The successful Credit Risk Manager will lead client engagements and internal projects. You will also take the lead in identifying and escalating potential business opportunities for EY on existing engagements. You will also help create a collaborative and inclusive working environment by practicing active listening skills and respecting differences.

Your key responsibilities

As a Manager in the team you can expect to be involved in the following activities:

• Manage a team on quantitative credit risk engagements, providing support to junior team members, ensuring effective communication, timely delivery and reporting on progress to senior stakeholders
• Drive business development opportunities, contributing to proposals and playing a key role in work winning
• Take a lead role on project planning, budgeting and internal reporting
• Preparing and presenting external reports and schedules that will be delivered to clients and other parties
• Develop and maintain productive working relationships with clients while building strong internal relationships within the advisory practice and across other services
• Conduct performance reviews and contribute to performance feedback for staff, providing training, coaching and mentoring where required
• Maintain an educational program to continually develop personal skills and take an active role in side of desk activities
• Promote an inclusive and positive working environment

some or all of the following:

• Recent leadership experience managing high performing teams to deliver outstanding results
• Solid continuous experience in Financial Services, either as part of an institution; in an advisory or business consulting capacity to such organisations or in the regulation of such institutions
• Strong academic background in a quantitative and technical course (Engineering, Quantitative Finance, Math, Physics, Statistics preferred) or equivalent
• Excellent Credit risk knowledge across different regulations (IFRS9 / IRB (EBA GL and SS11/13) / Basel / Stress Testing (BoE/EBA/CCAR guidance) / MRM (CP6/22 and PS6/23) and modelling areas (DoD, Scorecards, PD, LGD, EAD, ECL and model adjustments)
• Proven experience in model development, monitoring and/or validation of credit risk models
• Knowledge of credit risk programming languages such as SAS, Python, SQL, R and other tools such as Microsoft Excel, VBA, Word and PPT
• Recent leadership experience managing high performing teams to deliver outstanding results
• Excellent communication skills, with the ability to explain technical complex credit risk concepts in a simple way to colleagues/stakeholders with different levels of understanding of credit risk
• Drive the delivery of given tasks, ensuring their timely delivery

What we look for

We offer a competitive remuneration package. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.

Plus, we offer:

• Continuous learning:You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you:We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership:We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture:You’ll be embraced for who you are and empowered to use your voice to help others find theirs.