Quantitative Analyst – Climate Risk

  • Location
    London
  • Contract Type
    Permanent
  • Posted
  • Start Date
    ASAP
  • Industry
    Banking (In-house)
  • Expiry Date
    2023-01-30

Quantitative Analyst | Manager – Wholesale Credit Risk, Climate Credit | COMPETITIVE SALARY

** INTERNATIONAL OPORTUNITY **

** MULTIPLE HEADCOUNT WITHIN TEAM **

** START ASAP **

Taylor Root have partnered with a Top Tier Investment Bank in POLAND! My client is looking to expand the Wholesale Credit Risk team which is located across London, Edinburgh, Poland, Bangalore and Chennai.

This is a fantastic opportunity for Quantitative analyst with strong experience of IFRS9, Stress Testing or Involvement of large regulatory change especially related to Climate Risk in a large financial services institution.

If you have experience in Climate Risk this would be a great opportunity for you to grow with the business.

Some of the duties include:

  • Review, analyse and report the Group-level expected credit loss / loan impairment numbers and provide insightful trends, analytics and forecast for future periods. Manage the LIC reporting related book of work.
  • Ability to articulate trends in PDs, LGDs, EADs and ECLs in terms of modelling and non-modelling drivers of the Wholesale portfolio, and relate to macroeconomics, methodology, credit policy and wider climate risk impact.
  • Enhance ECL management judgement process to embed impact of climate related variables
  • Enhance and analyse loan exposure to the transition risk drivers and affected sectors and additional management judgements for different climate risk scenarios.
  • Support model change review by performing ECL sensitivity and impact analysis using sandbox and other analytics tools.
  • Support governance requirements and enhancements (related to climate risk) with the responsibility for the review packs and ensure a thorough review and challenge of the numbers by internal and external stakeholders.
  • Ability to build ad-hoc analytical tasks with ease (e.g. ECL impact estimates or management overlays for tackling model limitations etc.);

The successful candidate will have the following experience:

  • Strong experience of IFRS9, Stress testing or involvement of large regulatory change especially related to Climate risk in or a large UK bank is essential;
  • Experience in working with Climate Risk and other emerging macro risk drivers will be useful.
  • Good understanding of Impairment related processes including systems, models and reporting aspects across credit risk and finance functions;
  • Strong problem-solving/analytical abilities, needs to be able to distil complex problems into manageable parts and plan work accordingly;
  • Excellent communication skills and ability to articulate complex information in clear and structured way to suit audience
  • Strong knowledge of credit risk models (PD, LGD, EAD, Staging and ECL) – both in terms of development/validation/monitoring practices and downstream usage of modelled outputs by business/finance/risk, will be an advantage.
  • Knowledge and in-depth understanding of new and emerging trends in the credit risk space like but not limited to Climate Risk, Macros trends, industry sector trends etc. will be essential.
  • Promote a culture of control awareness and best practice across the IFRS 9 impairment process.
  • Ability to effectively work with global and regional teams in Risk, Finance and relevant Transformation functions.
  • Exposure to Reporting tools and integration via API’s (E.g. Quicksight, Tableau, Qlik, Power BI)
  • Demonstrable expertise in the areas of cloud architecture, software architecture, software development and integration of solutions with large complex IT estates
  • Understanding of the DevSecOps pipelines and integration of multiple SaaS solutions into the pipeline to meet comprehensive security non functional requirements.

Please do reach out to me directly to find out more: Emily Hickman emilyhickman@taylorroot.com


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