Job Details

Click here to become a registered jobseeker.

Quant Credit Risk Manager

London, United Kingdom, £ £ - Annual Annual, Permanent


In Consulting, you will join a growing team of 300 relationship driven, strategic thinkers who take pride in the positive impact they can have on society whilst advising the boardrooms of UK and International clients across all sectors. Our Consulting teams support clients in solving business critical, complex problems through a broad range of services including risk assurance, technology advisory, business transformation, regulatory consulting and actuarial support. Our expertise ranges from financial services and insurance to retail, government and education. In a rapidly changing business world, we help clients overcome the challenges that they face today and prepare for whatever the future may hold.

Our specialist Risk Consulting deliver internal audit and controls work to a range of clients nationally and internationally. Our broad range of clients, including those in FTSE 350, allow you to gain experience across a range of sectors including:

  • Financial Services, Banking, Insurance and Investment
  • Corporates/Private Sector/Industry & Services
  • Central and Local Government
  • Retail and Consumer products organisations
Job Purpose

You will be an experienced Credit Risk modeller. Within the quantitative finance team of the Consulting department, you will interact mainly with banks, but also with regulators, for a variety of quantitative services assignments.

Role & Responsibilities

Within the quantitative finance team you will be involved in projects as follows:

  • The Manager would be expected to participate in the active growth of our Quant practice by contributing to multiple client engagement teams, working with a wide variety of clients to deliver professional services, and lead business development activities on key accounts.
  • Lead small and large-sized multidisciplinary engagement teams delivering quantitative finance projects for clients:
    • Credit Modelling: support banks in building Credit Models on different segments (Retail, Corporate, Soveregin) or support Bank or regulators in Credit Models validation. Either in accounting framework of IFRS9 (Europe, Africa) or CECL (US) or China (CAS22) or regulatory ones (CRR - Internal Rating Based models, PRA and EBA guidelines)

Average duration: between 2 and 6 months.

Location: UK, Europe, US;

  • Technological monitoring, tools development for our internal library;
  • Manage project execution and delivery of client engagements, making sure the project is delivered within the agreed timeline and budget
  • Identify likely issues that could impact delivery and leverage Mazars network support as required
  • Contribute to Mazars' regulatory watch activities by writing articles or providing technical content.
  • Work on management tasks (team planner, budget monitoring, recruitment)
  • Work with senior managers / directors and the partner team to developing our product offerings around data science, credit modelling and marketing to external and internal clients. Prepare client proposals in order to contribute to meeting the Quant team's sales budget.
  • Assist in the development of training, engagement procedures and methodologies.
  • Mentor, coach and develop more junior staff.
Skills, Knowledge and Experience
  • Holds a degree specialising in mathematics applied to finance or actuarial studies
  • Holds significant relevant and recent quantitative experience within a consulting environment
  • Advanced knowledge in modelling, statistics and probabilities
  • Strong significant experience in IFRS9 and IRB Models (including rating scorecard)
  • Strong experience in Python, R and SAS
  • Excellent project management and stakeholder management skills and experience
  • Motivated by business development activities
  • Ability to work in a team
  • People management skills and experience, especially supervising and coaching team members

Inclusion and Diversity

At Mazars inclusion and diversity are central to our values. We recognise that being an inclusive and diverse organisation makes us stronger as a business.

We seek to attract and recruit people who reflect the diverse nature of our clients and communities, regardless of sexual orientation, gender identity, ethnicity, nationality, faith or belief, social background, age and disability. Mazars selects candidates based on skills, knowledge, qualifications and experience.

Job Details

Not Specified
London, United Kingdom
£ £ - Annual Annual