FSRM - Credit Risk - Manager

Job Description

At EY, youll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of you. And were counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself and a better working world for all.Risk Consulting MENA FS Risk Credit Risk - ManagerAt EY, youll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of you. And were counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself and a better working world for all.Divisional OverviewEY 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 clients ranging from large domestic banks to global financial institutions in 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.Key Responsibilities- Lead a team of 5-6 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 EducationMust-have:- Graduate or Masters degree in a technical or quantitative discipline such as Engineering, Mathematics, Statistics, Physics, or equivalent with a minimum of 6 years of relevant experience.- 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.- Solid understanding of Risk analytics methodologies.- 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 multitasking 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 offersAs 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 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.EY | Building a better working worldEY exists to build a better working world, helping to create long-term value for clients, people, and society and build trust in the capital markets.Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform, and operate.Working across assurance, consulting, law, strategy, tax, and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.,

Keyskills :
Risk ConsultingCredit Risk ManagementFinancial Risk ManagementProject ManagementRisk AnalyticsStatisticsEconometricsPythonSASSQLExcelStress TestingRegulatory ModelingInterest Rate RiskDataBusiness Intelligence Reporting