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Quantitative Risk Assistant Manager

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Grant Thornton

3d ago

  • Job
    Full-time
    Mid & Senior Level
  • Consulting
    Banking & Finance
  • Dublin
  • Quick Apply

AI generated summary

  • You must have a Master’s in quantitative risk or related field, 3-5 years in financial services, strong analytical skills, coding proficiency, and excellent communication abilities.
  • You will lead model validation projects, implement frameworks, develop client relationships, ensure effective communication, and provide training and support to junior team members.

Requirements

  • A Master’s degree or equivalent professional qualification in the area of quantitative risk (modelling) business, accounting, finance, economics, maths, risk or any related professional discipline.
  • 3-5 years experience in relevant financial services roles. Model validation experience will be considered to be of particular relevance but other relevant fields will include: working in credit/ equity analyst role, financial supervision, working in the banking or financial services sector, or financial/ economic modelling.
  • Extensive understanding/ experience of the banking sector, the practical operation of companies within that industry and quantitative risk management techniques and approaches.
  • Strong analytical, problem solving, decision making, planning and organisational skills.
  • Proven ability to critically assess complex/ once off issues and problems with the ability to distil significant volumes of information, identifying solutions for root causes of issues.
  • Knowledge of the banking regulatory and legal framework and a deep understanding of the following: retail or wholesale business models, key risk drivers and supervisory approaches.
  • Excellent verbal and written communication in particular the ability to relate to senior management, staff and Clients.
  • Excellent capability in managing and delivering under tight timeframes.
  • Strong ability to utilise statistical/ coding packages such as (SAS, R, Python, VBA, C++)
  • Excellent MS Word, Excel and PowerPoint skills

Responsibilities

  • Lead assignments and engagements with banking clients in the areas of specialist quantitative and risk expertise. This will include the provision of specialist expertise in the area of independent model validation to ensure a best in class offering to the market.
  • Implement bespoke quantitative and qualitative frameworks for the implementation of best in class end-to-end independent model validation.
  • Provide expertise and specialist knowledge input and develop a solid understanding of business strategy, products and markets and ensure on-going professional development in contributing to ensuring high quality deliverables.
  • Contribute to the development of the Firm and deliver on client facing engagements and assignments. Create excellent proposals that show understanding of the market, Client needs and the Firm’s offering. Ensure opportunities are well understood by the Firm and developed by focusing on relationship development.
  • Take responsibility to ensure appropriate outcome of work is communicated clearly and effectively within internal reporting lines and to external stakeholders.
  • Provide on-going training and support to the team and on-boarding of new hires, particularly from a technical perspective. This will include planning, managing and allocating work to junior members of the team, whilst also leading assignments and engagements.

FAQs

What is the primary focus of the Quantitative Risk Assistant Manager role?

The primary focus of the role is on delivering validation solutions in areas of risk modeling for clients in the banking sector, including second-line credit risk covering areas such as IRB, IFRS9, Stress Testing, Pillar 2, and Portfolio Management.

What educational qualifications are required for this position?

A Master’s degree or equivalent professional qualification in quantitative risk (modelling), business, accounting, finance, economics, maths, risk, or any related professional discipline is required.

How many years of experience are needed for the role?

A minimum of 3-5 years of experience in relevant financial services roles is required.

What types of experience are particularly relevant for candidates applying for this position?

Experience in model validation is particularly relevant, but other applicable fields include working in a credit/equity analyst role, financial supervision, banking or financial services, or financial/economic modeling.

What technical skills should candidates possess?

Candidates should have strong capabilities in statistical/coding packages such as SAS, R, Python, VBA, or C++, as well as excellent skills in MS Word, Excel, and PowerPoint.

Are there opportunities for professional growth in this role?

Yes, the role offers opportunities for professional development, including expertise input, ongoing training, and support for team members.

How important is communication in this role?

Excellent verbal and written communication skills are crucial, particularly the ability to relate effectively to senior management, staff, and clients.

What kind of team environment can candidates expect at Grant Thornton?

Candidates can expect a collaborative work culture that values diversity and inclusion, where fresh thinking and building relationships are prioritized.

Is Grant Thornton committed to equity, diversity, and inclusion?

Yes, Grant Thornton is committed to building an equitable, diverse, and inclusive workplace culture that values varied backgrounds and perspectives.

What recognition programs does Grant Thornton have for employee achievements?

Grant Thornton has a recognition scheme called "Shout Out" to highlight and celebrate the achievements of employees who surpass expectations.

Will the successful candidate work independently or as part of a team?

The successful candidate will be expected to lead individual engagements independently while also working collaboratively within the team.

Are there additional responsibilities involving business development in this role?

Yes, the role includes contributing to business development by creating proposals, understanding client needs, and focusing on relationship development.

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Grant Thornton

Accounting
Industry
10,001+
Employees
1924
Founded Year

Mission & Purpose

Grant Thornton is a leading global network of independent assurance, tax, and advisory firms, providing professional services to dynamic organizations worldwide. Founded in 1924, the firm operates in over 130 countries, helping businesses grow strategically while managing risks and enhancing operational efficiencies. With a focus on quality, collaboration, and innovation, Grant Thornton's mission is to empower clients to unlock their full potential and achieve success in a rapidly evolving business landscape. The firm is dedicated to building trusted relationships and delivering value through personalized and forward-thinking solutions.