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Risk Manager - Credit Risk

BDO UK
London
8 months ago
Applications closed

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An accountancy and business advisory firm, providingthe advice and solutions entrepreneurial organisations need tonavigate today’s changing world. We work with the companies thatare Britain’s economic engine – ambitious,entrepreneurially-spirited and high‑growth businesses that fuel theeconomy - and directly advise the owners and management teams thatlead them. Our Advisory team provide a wide variety of servicesthat deliver value-led advice and outcomes. They have an in-depthknowledge of business, industry sectors and markets and understandthe constantly changing risks and opportunities at the heart of ourclients’ affairs. The team work across strategy, operations andimprovement as well as at a transactional and defined projectlevel. From technology to risk advisory, they’re experts infollowing through on top-level instructions and resolving the finerdetails – all in one straight-forward package. When you join them,you’ll work on some of the world's most exciting financialoperations and business deals, building your experience andexpertise alongside the brightest minds in the industry. We’ll helpyou succeed Leading organisations trust us because of the qualityof our advice. That quality grows from a thorough understanding oftheir business, and that understanding comes from working closelywith them and building long-lasting relationships. You’ll besomeone who is both comfortable working proactively and managingyour own tasks, as well as confident collaborating with others andcommunicating regularly with senior managers, directors, and BDO’spartners to help businesses effectively. As a Manager you will beresponsible for managing a portfolio of projects and for the timelydelivery of services. You will be expected to contribute towardmarketing and business development initiatives. You will beinvolved in a range of valuation and advisory engagements relatingto financial products (derivatives and cash based) across all assetclasses that will include both contentious and non-contentiousmatters. Such engagements will also include risk related matterssuch as the modelling of default risk and calculating expectedcredit losses (ECL). You will also be involved in other forms ofquantitative/statistical advisory projects. You will also assistwith the development of valuation models and modelling techniquesfor financial assets ranging from complex derivatives andstructured products to other hard to value instruments that arecomplex due to illiquidity or a lack of observable market datainputs. The position benefits from rigorous on-the-job trainingfrom senior team members with significant experience in investmentbanking and consulting. Opportunities for undertaking furtherfinancial (e.g., CFA, FRM) or quantitative (e.g., Provide effectiveproject management of valuation engagements from inception tocompletion. Provide effective intellectual input and challenge tosenior members of staff in the completion of projects withconceptual complications. Carry out relevant technical researchrelevant to a specific area of valuations or credit risk –disseminate key findings to the quantitative risk & valuationteam.  Prepare reports for advice to clients or solicitors orfor use in legal or regulatory proceedings. Identify and recognisebusiness and sales opportunities and inform the partner and clientas appropriate. Ensure that the firms risk management and clienttake-on procedures have appropriately been complied with. Maintaina network of professional and business contacts. Support Partner,Directors on ad hoc assignments as needed. Strong professionalinterest in the fields of retail and corporate credit risk,scorecard methods, internal ratings-based models, model validation,as well as UK and European regulatory standards underpinning theseareas. Significant credit risk experience gained ideally from amajor financial institution, another professional services firm, ora credit ratings agency. An interest in applying tools fromfinance, mathematics, and data science to provide pragmatic androbust solutions to real-world problems. Strong knowledge ofmathematics and statistics as applied to finance and credit risk.Hands on experience in credit risk modelling or the valuation offinancial products. A master’s degree in Finance, Economics,Mathematics, Statistics, Engineering or Computer Science from areputable university. Desirable previous credit risk modellingexperience or the building and / or validating credit risk modelsobtained from within a bank or a credit ratings agency. Someprogramming skills in a high-level language (e.g., Python, R,MATLAB, Excel VBA) and/or experience with econometric softwarepackages (e.g., STATA, SAS). we’ll recognise and value you for whoyou are and celebrate and reward your contributions to thebusiness. We’re committed to agile working, and we offer everycolleague the opportunity to work in ways that suit you, yourteams, and the task at hand. At BDO, we’ll help you achieve yourpersonal goals and career ambitions, and we have programmes,resources, and frameworks that provide clarity and structure aroundcareer development. Our agile working framework helps us stayconnected, bringing teams together where and when it counts so theycan share ideas and help one another. BDO’s people represent awealth of knowledge and expertise, and we’ll encourage you to buildyour network, work alongside others, and share your skills andexperiences. At BDO, we help entrepreneurial businesses to succeed,fuelling the UK economy. Across the UK thousands of unique mindscontinue to come together to help companies we work with to achievetheir ambitions

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