Credit Risk Stress Testing Manager

Recruiter
Alexander Mann Solutions (Contingent)
Location
London, United Kingdom
Salary
Negotiable
Posted
11 Sep 2021
Closes
11 Oct 2021
Ref
12050550
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
We are AMS. We are a global total workforce solutions firm; we enable organisations to thrive in an age of constant change by building, re-shaping, and optimising workforces. Our Contingent Workforce Solutions (CWS) is one of our service offerings; we act as an extension of our clients' recruitment team and provide professional interim and temporary resources.

Our client, a major UK retail bank, provides every day banking services to over 17 million retail customers. The banks expertise and services span across Business Services, Corporate banking, Wealth Management, Group Functions, Retail and Investment Banking.

On behalf of this organisation, AMS are looking for a number of Credit Risk Stress Testing Manager for a 3 Month initial contract contract based in Remotely.

Purpose of the Role:

The successful candidate will take on a pivotal role in our Clients Finance function, in which you'll be modelling credit projections for stress testing, capital planning and strategy setting purposes.

You'll enjoy extensive visibility at a senior level within the bank and with executives and regulators. This is an opportunity to further your career by working with senior stakeholders and enhance your technical skills and knowledge of the business in a fast paced environment.

As a Credit Risk Stress Testing Manager:

You'll need knowledge of credit or financial risk management and measurement, with strong technical and communication skills. We'll also look for you to have significant experience of credit risk analysis or modelling in a retail or wholesale banking environment, and a thorough understanding of stress testing requirements and the process, models, methodology and controls for generating credit risk scenario projections.

You should also hold a degree in a quantitative discipline such as Mathematics, Statistics, Econometrics or Economics preferably to PhD or post graduate level or with additional professional qualifications, such as a CFA or FRM.

We'll look to you, to use Python in implementing the quantitative methodologies needed to project impairments and credit risk weighted assets, as well as implementing the approved models or analytics solutions.

Other key aspects of your role will involve:
  • Preparing detailed, high quality presentation materials for review purposes, and presenting modelling results to stakeholders
  • Providing accurate documentation
  • Producing ad hoc insights or analysis, as needed by the business

What we require from the candidate:
  • Excellent Python programming language skills
  • Strong data handling and analysis skills, including programming languages such as SAS, SQL and Python
  • An excellent understanding of the relevant capital requirements regulations, for example Basel II or III, and financial accounting standards such as IFRS 9
  • An organised approach with the ability to manage projects and work effectively to deadlines
  • Excellent attention to detail

This client will only accept workers operating via an Umbrella or PAYE engagement model.

If you are interested in applying for this position and meet the criteria outlined above, please click the link to apply and we will contact you with an update in due course.

Alexander Mann Solutions, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business

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