Credit Risk Assurance Manager London, Greater London

London, Greater London

Permanent

Risk and Regulation

Investment Banking

£60,000.00 - £76,000.00Year


Location: London


Salary: £60-£76k + Car allowance


Contract type: Permanent - Hybrid working


LHH are proud to be partnering with a globally renowned consultancy firm who are looking to add a manager to their Credit Risk team. Acting as a technical specialist on the external audit of: Credit risk models (IFRS 9, CECL, Regulatory) at our audit entities and conducting procedures to challenge and validate assumptions and implementation of said models. And the end-to-end credit risk process and credit file reviews.


Description of the Role:


  • Technical review of model development documentation
  • Technical review of model validation documentation
  • Assessment of model performance
  • Independent replication of any of the above
  • Credit governance reviews
  • Credit risk policy and procedure reviews
  • Individual credit file reviews and substantive testing

Management & Responsibilities:


  • Responsible for providing technical guidance and will have oversight of the work performed by 3-4 assistant managers and analysts
  • Interaction with stakeholders within our banking audit teams as well as model development/ validation teams at entities we audit.
  • Accountable for the work performed but ultimate accountability for the work and conclusions reached will vest with the director for Credit Risk Assurance

Experience:


Essential:


  • Experience of credit risk modelling techniques
  • Knowledge of credit risk processes, governance, and documentation
  • Experience in all aspects of model development/validation including data extraction, data transformation, modular model development, user acceptance testing, model performance testing

Skills & Qualifications:


  • Experience of Retail/Wholesale PD/LGD/EAD models
  • Understanding of key regulatory/ accounting requirements (e.g., IFRS 9, Basel, CECL)
  • Ability to understand and execute programming code including SAS, R, Python
  • Ability to communicate risk/finance requirements of IFRS9 to the reciprocal function, i.e., risk to finance and finance to risk.
RefCREDITRISKMANAGER_1663754708

Credit Risk Assurance Manager

LHH

10 days ago

£60,000.00 - £76,000.00Year

Permanent

Risk and Regulation

Investment Banking

London, Greater London


Location: London


Salary: £60-£76k + Car allowance


Contract type: Permanent - Hybrid working


LHH are proud to be partnering with a globally renowned consultancy firm who are looking to add a manager to their Credit Risk team. Acting as a technical specialist on the external audit of: Credit risk models (IFRS 9, CECL, Regulatory) at our audit entities and conducting procedures to challenge and validate assumptions and implementation of said models. And the end-to-end credit risk process and credit file reviews.


Description of the Role:


  • Technical review of model development documentation
  • Technical review of model validation documentation
  • Assessment of model performance
  • Independent replication of any of the above
  • Credit governance reviews
  • Credit risk policy and procedure reviews
  • Individual credit file reviews and substantive testing

Management & Responsibilities:


  • Responsible for providing technical guidance and will have oversight of the work performed by 3-4 assistant managers and analysts
  • Interaction with stakeholders within our banking audit teams as well as model development/ validation teams at entities we audit.
  • Accountable for the work performed but ultimate accountability for the work and conclusions reached will vest with the director for Credit Risk Assurance

Experience:


Essential:


  • Experience of credit risk modelling techniques
  • Knowledge of credit risk processes, governance, and documentation
  • Experience in all aspects of model development/validation including data extraction, data transformation, modular model development, user acceptance testing, model performance testing

Skills & Qualifications:


  • Experience of Retail/Wholesale PD/LGD/EAD models
  • Understanding of key regulatory/ accounting requirements (e.g., IFRS 9, Basel, CECL)
  • Ability to understand and execute programming code including SAS, R, Python
  • Ability to communicate risk/finance requirements of IFRS9 to the reciprocal function, i.e., risk to finance and finance to risk.
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