Credit Risk Quant Manager - Hybrid - up to £100K

My Client is on the search for a Quant Manager. This high-profile role sits within the Provisions and Stress Testing Methodology team. You'll be responsible for the development and maintenance of a suite of models that cover both retail and corporate portfolios. These models will then be used for internal and external stress tests, including to estimate the future impact of climate change, and for IFRS9 provisions.

There is also the option to be involved in the day- to-day management of analysts, or instead you may choose to focus on being a technical specialist.

Key Responsibilities:

Working alongside a team of technical experts through the development and ongoing maintenance of IFRS9 and stress test models (including due to climate change) using AGILE planning techniques.

Inspiring colleagues by sharing knowledge, giving feedback and supporting innovation.

Creating models that meet the needs of stakeholders by collaborating with them throughout the development process.

Setting industry-leading standards for model developments, documentation, monitoring and ongoing model reviews.

Being part of a team that continually looks to improve the way things are done.

Key Requirements:

Proven track record and practical skills in model developments (IFRS9, IRB and stress testing methodologies.)

Excellent quantitative ability and experience in relevant mathematical approaches (time series forecasting, scorecards, transition matrices, decision trees.)

Thorough understanding of regulatory / accounting requirements applicable to the area of modelling (IFRS9, stress testing, IRB)

Proficient programming skills to develop risk models and tools (SAS, Python or R)

Relevant academic qualification (or equivalent experience) in quantitative subject (mathematics, physics, statistics, econometrics)

Understanding of the risks faced by financial services due to climate change and how we integrate climate risk management in the context of risk modelling

If interested, send your CV through to nmohamed@merje.com or call 0161 883 2762