Manager, Stress Testing, Financial Risk Measurement, Risk Advisory, London

Deloitte LLP; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Manager to enhance their Credit Risk Management practice. This role involves working on stress testing engagements, where you will support clients in streamlining their processes and integrating innovative solutions. Your expertise in scenario design and model execution will be pivotal in delivering impactful results. Join a diverse team that values collaboration and integrity, and help shape the future of risk management in a dynamic environment. This opportunity allows you to leverage your skills while contributing to meaningful change in the financial sector.

Qualifications

• Experience in banking or consulting with stress testing focus.
• Knowledge of regulatory stress testing requirements.

Responsibilities

• Support end-to-end reviews of stress testing processes.
• Assist in designing stress testing frameworks and processes.

Skills

Stress Testing

Scenario Design

Model Execution

Results Analysis

Business Analysis

Communication Skills

Project Management

Teamwork

Coding (Python)

Tools

PowerPoint

Word

Excel

Job description

Financial institutions face a period of unprecedented changes in terms of regulatory challenges, emerging technologies, and customer expectations.

Against this backdrop, Deloitte’s Credit Risk Management practice assists clients in streamlining and transforming their end-to-end Credit Risk Operating Model, including key credit risk processes. A particular focus for the team is supporting clients with enhancing their stress testing and scenario analysis. The team is further strengthened by having a close network within Risk, Regulation, and Analytics and is widely regarded as market leading.

In response to the growing demand for the team’s services, we are looking for a Manager to join, working on stress testing engagements at various clients and supporting initiatives to grow our business.

Connect to your career at Deloitte

Deloitte drives progress. Using our expertise, we help clients become leaders in their fields. We invest in outstanding people, building diverse teams of future thinkers, and empower them to achieve more.

Our values guide us: leading the way, serving with integrity, taking care of each other, fostering inclusion, and collaborating for impact. These principles influence every decision and action, helping us deliver meaningful impact.

Connect to your opportunity

The successful candidate will work closely with the leadership of the Credit Risk Advisory practice. Responsibilities include:

1. Supporting end-to-end reviews of stress testing processes to identify improvements and recommend innovative solutions to increase efficiency and reduce costs;
2. Reviewing various aspects of banks’ stress testing processes such as scenario design, model execution, results analysis, documentation, and frameworks;
3. Supporting clients in delivering stress testing components, including scenario design, model execution, results analysis, project management, and documentation across regulatory and internal stress testing use cases;
4. Assisting in designing stress testing frameworks and processes;
5. Advising on climate scenario analysis and integrating climate risks into stress testing programs;
6. Ensuring stress testing is effectively integrated into risk management to maximize benefits;
7. Supporting the development and implementation of stress testing tools;
8. Taking on additional duties as appropriate and working effectively within diverse, inclusive teams.

Connect to your skills and experience

Qualifications include:

• A passion for stress testing and a desire to be part of the team;
• Experience in a banking or consulting environment covering at least two of: scenario design, stress testing execution, or reporting;
• Knowledge of regulatory stress testing requirements and use cases;
• Strong communication skills and proficiency with PowerPoint, Word, and Excel;
• Business analysis skills in requirements and process design;
• Work ethic and commitment to excellence;
• Teamwork, professionalism, and interpersonal skills;
• Proactivity, collaboration, independence;
• Project and people management experience;
• Experience or knowledge in climate risk stress testing, economics/finance, and coding languages such as Python.

Additional information about our advisory services, culture, hybrid working policy, and commitment to employee wellbeing is included to provide a comprehensive overview of the role and environment.