Risk Consulting Senior Manager Credit Risk Quant

Risk Consulting MENA FS Risk Credit Risk Senior Manager

Divisional Overview

EY GDS Risk Consulting is a unique industry-focused business unit that provides a broad range of integrated services that leverage deep industry experience with strong functional capability and product knowledge.

EYs MENA Financial Services Risk Management (FSRM) team part of the EY GDS Risk Consulting Practice delivers tailored risk solutions to help clients identify assess manage and monitor a range of financial and regulatory risks. These include market (trading book) credit (banking book) operational and regulatory risks arising from trading asset-liability management capital management and broader capital markets activities. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Within FSRM the Credit Risk (CR) team focuses on supporting clientsranging from large domestic banks to global financial institutionsin implementing strategic functional and regulatory transformations across credit risk management within their banking book portfolios.

You will work within different sized multi-disciplinary teams and play a key role in ensuring high quality outputs and service to our clients. The role involves developing knowledge and implementing new solutions to meet the ever-changing needs of our clients. We value intellectual curiosity and a passion for promoting solutions across organizational boundaries.

Role Overview

We are seeking a Senior Manager / Director to join our Risk Advisory practise specializing in credit risk management. This leadership role requires deep expertise in financial services and insurance along with quantitative AI and machine learning capabilities to drive innovative risk solutions.

Key Responsibilities

• Lead a team of 2-3 Managers10-12 Senior consultants analysts for engagement execution and delivery. You will also spend teaming up with industry professionals to develop and deliver a wide range of risk management strategies and solutions
• Showcase exceptional project management abilities and foster a collaborative environment and accountability among team members on engagements
• Demonstrate deep technical expertise and industry knowledge particularly in financial products with a focus on lending solutions.
• Design assessment and benchmarking of financial risk management policies frameworks methodologies covering a range of risk domains such as credit risk market risk operational risk liquidity risk climate risk and integrated risk topics viz. capital adequacy and stress testing measurement methodologies in financial institutions (FI)
• Stay abreast of market trends and challenges in the financial services sector to understand client needs and industry dynamics
• Understand EY and its service lines and actively assess what the firm can deliver to serve clients
• Monitor project progress manage risks and effectively communicate status issues and priorities to key stakeholders to ensure successful outcomes.
• Review analyze and validate the work completed by junior team members to ensure accuracy and quality
• Adapt to projects involving model audits validation and development demonstrating flexibility and domain knowledge

Qualifications Certifications and Education

Must-have:

• Graduate or Masters degree in a technical or quantitative discipline such as Engineering Mathematics Statistics Physics or equivalent with a minimum of 10-12 years of proven experience in financial services risk management.
• Strong background in consulting firms and/or top banks
• Excellent analytical and problem-solving expertise
• Solid foundation in statistics and econometrics.
• In-depth knowledge of Credit risk model development validation audit and/or implementation of the banking book portfolio
• Quantitative analysis and financial modeling (e.g. stress testing capital models portfolio analytics).
• AI & machine learning applications in risk management (predictive modeling anomaly detection natural language processing)
• Advanced technical skills with proficiency in Python SAS SQL R and Excel.
• Excellent Oral and written communication and presentation skills
• Strong documentation skills with the ability to quickly grasp complex concepts and present them clearly in documents or presentations.
• Strong multi-tasking skills with demonstrated ability to manage expectations and deliver high quality results under tight deadlines and minimal supervision.

Preferred:

• Professional certifications such as FRM CFA PRM or SCR.
• Knowledge of regulatory modeling (BASEL CCAR IFRS9) is preferred
• Exposure to regulatory stress testing processes around credit risk & ICAAP
• Experience in climatic risk space preferably in the areas of stress testing /scenario designing
• Exposure to Interest Rate Risk in Banking Book (IRRBB)
• Experience in data/business intelligence (BI) reporting.
• Familiarity with machine learning models and their practical applications.
• Prior project management experience
• Willingness to travel for client engagements

What working at EY offers

As a global leader in assurance tax transaction and consulting services were using the finance products expertise and systems weve developed to build a better working world. That starts with a culture that believes in giving you the training opportunities and creative freedom to make things better.

At EY were dedicated to helping our clients from startups to Fortune 500 companies and the work we do with them is as varied as they are.

You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. 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. Moreover you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus 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 thats right for you.