Description of the role and purpose of the job: We have an exciting opportunity to join our business unit, since we are looking to fill a Manager position in our Credit Risk Solutions (CRS) team. We are a specialist function within BDO’s Advisory Practice which has as its main purpose to assist clients with the development and review of often complex statistical models used to quantify financial risks. The CRS team is made up of credit risk modellers and analysts from a broad and diverse range of quantitative backgrounds, including mathematics, statistics, engineering and actuarial. As an Manager you will not only have a technical specialist role in the auditing and the development of credit risk models (IFRS9, scorecards, etc.), but also assist the Associate Directors with responsibilities with regard to the planning, organization and quality control of projects. The role offers exposure to a wide range of modelling techniques used by banks ranging from smaller local credit providers to globally systemically important banks. It also provides access to the latest technologies and developments, and you will be able to hone your coding skills in packages like Python, R and SAS. Key responsibilities:
Development and review of credit risk model both for provisioning and regulatory capital requirement purposes
Support with managing projects in the planning/budgeting, execution, and close-out phases.
Assisting with the coding and automation of financial risk management models
Participating in building a coaching culture aimed at getting the best out of others in an environment where everyone in the team feels empowered to speak up or challenge where appropriate.
Skills and attributes required for the role:
Relevant experience within a quantitative credit risk-based role
Well versed in contemporary statistical techniques and practices in credit risk modelling.
Able to read, interpret and create software code, and relevant experience with modern computing languages related to credit risk modelling (e.g. SAS, Python, or R)
Strong organisational and time management skills
Proven track record of managing and delivering small workstreams
Experience of managing teams, coaching and mentoring junior staff
Able to work effectively in a fast-paced environment with conflicting priorities and deadlines.
Good presentation and communication skills with ability to articulate quantitative concepts to both technical and non-technical individuals
Participating in building a coaching culture aimed at getting the best out of others in an environment where everyone in the team feels empowered to speak up or challenge where appropriate.
Minimum requirements to apply for the role (including qualifications and experience):
A Hons or Masters degree in a quantitative discipline such as Quantitative Finance, Mathematics, Statistics or equivalent, FRM advantageous
At least three (3) years of experience in credit risk