Quants Credit Risk Manager at EY

Job description

Quants Credit Risk Manager, Johannesburg, South Africa

The opportunity

We are looking to expand our Quantitative Advisory Services (QAS) team by recruiting a credit risk manager. This team focusses on providing credit risk, market risk and data science solutions to banking, insurance and other corporate clients. Our services cover statutory, regulatory and other quantitative areas from both a consulting and an assurance perspective.

Your key technical responsibilities

The successful applicant will help develop and lead a team which can offer our clients advice and hands on assistance with issues such as the design, review and validation of credit risk models (PD, LGD, EAD and ECL) under IFRS 9. You will also be expected to perform validations of Basel internal rating-based models and support the design and review of credit risk pricing models.

Your managerial responsibilities

• Participate in and, as required, lead QAS client engagements

• Develop long-term, sustainable relationships with key client stakeholders in line with our go-to-market strategy and individual market development initiatives

• Build and deliver relevant client solutions, based on knowledge of the client’s agenda

• Develop informed views for clients on the implications of current and anticipated industry issues

• Generate/ new business sales through proactively managing accounts, identifying new client opportunities and playing a significant role in developing and driving sales campaigns

To qualify for the role, you must have: 

• Qualifications: Relevant Masters (MCom / MSc /MPhil) or Honours degree and professional qualification (CFA / FRM / PRM / FIA / FASSA)

• A minimum of 5 years relevant working experience

• The ability to develop people through effectively supervising, coaching, and mentoring all levels of staff (identifying training needs where necessary)

• Willingness to provide learning and growth opportunities to staff and encourage the potential within all staff to take on challenging opportunities

What we look for:

We are looking for a trusted business advisor who appreciates a collaborative culture by nurturing team members through mentoring and coaching, knowledge sharing and adapting relevant ideas from previous projects or experiences. Drawing on your knowledge and experience, you will provide innovative commercial insights for clients, adapt methods and practices to fit operational team and cultural needs, and contribute to thought leadership. You will also actively contribute to improving operational efficiency on projects and internal initiatives. In line with our commitment to quality, you will consistently drive projects to completion and determine that work is of a high quality. 

What working at EY offers

As one of our valued employees in EY, you get to work on inspiring, meaningful and challenging projects. Our focus is education and coaching alongside practical experience to ensure your personal development. At EY we value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. In addition to these, you will be part of an interdisciplinary environment that encourages high quality and knowledge exchange. Furthermore, we offer excellent working conditions, in a stimulating, inclusive and enjoyable environment. We offer:

• Support, coaching and feedback from some of the most engaging colleagues around

• Opportunities to develop new skills and progress your career

• The freedom and flexibility to handle your role in a way that’s right for you