Credit Risk Assurance Manager Job in London

Credit Risk Assurance Manager Job in London. Apply for the latest London jobs in Accounting/Financial/Insurance.

Credit Risk Assurance Manager Job in London

Job Description
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

Job Type: Permanent, Full Time
Location: London
Category: Accounting/Financial/Insurance
City: London
County: London
Country: United Kingdom
Salary: £60000 – £76000/annum £4,500 car allowance
Benefits: £4,500 car allowance