Ernst & Young Global Limited (EY)
Assistant Manager / Manager – Credit Risk
EY is a global leader in assurance, tax, transaction, and advisory services. We are looking for a dedicated professional to join our Financial Services Risk Management (FSRM) team within the Quantitative Advisory Services (QAS) division. This role focuses on credit risk modeling, validation, and advanced analytics for clients in banking and insurance.
The Role
As a Manager or Assistant Manager, you will lead projects that help our clients manage credit risk. You will be responsible for developing analytical solutions, validating models, and providing expert advice on financial regulations.
Key Responsibilities
- Technical Modeling: Develop and validate credit risk models (PD, LGD, EAD, ECL) under IFRS 9 and Basel standards.
- Data Insights: Analyze complex data to create clear visualizations and actionable insights for clients.
- Client Management: Build and maintain strong relationships with stakeholders, identifying their needs and providing expert solutions.
- Project Leadership: Manage consulting engagements, ensuring they are delivered on time and meet high-quality standards.
- Team Development: Supervise, coach, and mentor junior staff to help them grow their technical and professional skills.
Requirements
- Education: A Master’s or Honours degree in a quantitative field such as Mathematics, Statistics, Computer Science, Engineering, or Actuarial Science.
- Experience: At least 5 years of relevant working experience in credit risk or financial modeling.
- Technical Skills: Proficiency in SAS is required. Experience with Python, R, VBA, or SQL is highly valued.
- Professional Qualifications: Certifications like CFA, FRM, PRM, or Actuarial designations are a plus.
Skills for Success
- Strong analytical and statistical skills.
- The ability to explain complex technical concepts to non-technical audiences.
- Excellent writing and presentation skills.
- A professional and confident approach when working with clients.
- Strong project management skills and the ability to work under pressure.
- A proactive, innovative, and enthusiastic mindset.
About the Team
Our Quantitative Advisory Services team works with major financial institutions across South Africa. We value professional growth, diversity, and a collaborative work environment. If you are passionate about credit risk and data science, we encourage you to apply.
How to Apply
Interested candidates should submit their application through the official EY careers portal.