Wholesale Credit Risk Quant, London recruitment
Title: Wholesale Credit Risk Quant,London
Location: London
Job Ref: RISKRD120556
My client is a leading banking group who are looking for a Credit Risk professional to work in their Group Risk function. They will be working in the team responsible for the development and validation of the models and methodologies for Wholesale Credit Risk measurement. They require someone with previous experience developing models and a strong quantitative background, PhD would be an advantage. A strong knowledge of Regulatory requirements for the Wholesale Credit Risk models is also important.
Responsibilities include but are not limited to;
- To review and improve the existing suite of models and methodologies.
- To drive improvements to the systems and data infrastructure supporting deployment of the wholesale credit risk models.
- To coordinate projects aimed at aligning methodologies, governance and policies around the Group.
- Lead model, policy and systems development projects globally to harmonise and coordinate with regional activities.
- Engage with credit and businesses to manage model risk.
- Proactively manage model development projects: attention to time schedule and resource planning, lead panel meetings and discussion with business experts, and write good quality and comprehensive documentation.
- Negotiate with senior management, model owners and model sponsors as well as model reviewers and approvers.
- Liaise with Risk Systems and IT to support model deployment.
- Foster, coordinate and participate to global initiatives as well as cross-risk projects.
The ideal candidate is likely to posses the following profile;
- University degree and / or Ph.D. in a quantitative field.
- Good understanding of statistics and familiarity with sophisticated tools for numerical analysis.
- Strong knowledge of wholesale credit business and wholesale credit products as well asBasel2 framework.
- Good understanding of market risk and traded credit risk.
- Relevant working experience in a bank, rating agency, consultancy or advisory firm.
- Experience of wholesale credit analytics orBasel2 implementation.
- Ability to organise presentations, trainings, workshops and to drive negotiations with senior management.
- Open personality and effective communication skills, ability and flexibility to work in an international team.
- Ability to write clear and understandable documents.
- Ability to lead, manage and successfully deliver projects within the agreed time scale, in liaison with all relevant stakeholders: model owners, credit, business, IT, senior management and regulators.
If you feel you have the relevant skill set and previous experience to qualify for the role then please do forward your CV to Rudy de Oliveiraat rdeoliveira@morganmckinley.co.uk. Please be aware due to the large number of applications it may not always be possible to reply to your application immediately.
