Risk Management Analytics Manager

  • Full-time

Company Description

The digital revolution is changing everything. It’s everywhere – transforming how we work and play.

We are a top-tier consulting firm. The massive amounts of information our clients collect today become their most valuable asset. The ability to gain actionable insights from that data is critical to produce tangible results. We are driving these exciting changes and bringing them to life across 40 industries in more than 120 countries.

As part of our Analytics practice, you’ll deliver analytically-informed, issue-based solutions that help clients make faster, smarter decisions. You’ll play a critical role in helping them tackle complex business issues.

At the forefront of digital you’ll create it, own it, and make it a reality for clients looking to better serve their connected customers and operate always-on enterprises. If you are passionate about helping clients make faster, smarter decisions to tackle their most complex business issues, we want to meet you.

Our commitment to you:

  • Your entrepreneurial spirit and vision will be rewarded, and your success will fuel opportunities for career advancement.
  • You will make a difference for some pretty impressive clients.
  • You will have excellent opportunities to learn daily through training, assignments and collaboration with experts across the company.
  • You will have access to leading-edge technology.
  • Along with a competitive salary, we offer a comprehensive package that includes generous paid time off, 401K match and an employee healthcare plan.

Job Description

For our Risk Analytics Practice, we are seeking experienced and accomplished Risk Management professionals with significant experience in risk modeling and analytics, and sound understanding of Financial Services risk management principles and practice.

You will support financial services firms in achieving their expected return targets while managing risks, and complying with regulatory requirements in the most cost-effective manner. By refining and optimizing our clients’ abilities to identify measure, monitor and manage financial risks, we create substantial shareholder and economic value. We have the breadth of risk analytics experience, global resources, best-in-class analytical tools and frameworks, superior assets and deep knowledge to help our clients become high-performing Financial Services businesses.

Responsibilities:

Engagement Execution

  • Lead client engagements including model development, validation, governance, risk strategy, transformation, implementation and end-to-end delivery of risk management solutions
  • Advise clients on a wide range of Credit, Market and Operational Risk Management/Analytics initiatives. Projects may involve Risk Management advisory work for CROs, CFOs, etc. to achieve a variety of business, operational and regulatory outcomes.
  • Be a trusted advisor to senior executives and management on their business needs and issues.

Practice Enablement

  • Mentor, groom and counsel analysts and consultants to be successful and effective Management Consultants.
  • Support development of the Risk Analytics Practice by driving initiatives around staffing, quality management, recruitment, capability development, knowledge management, etc.
  • Develop thought capital and disseminate information around current and emerging trends in Financial Risk Management.
  • Publish research and present ideas at industry conferences and seminars
  • Identify business development opportunities for our Risk Management offerings in the Banking and Capital Market domains.
  • Develop compelling business case/response to new business opportunities.
  • Work with deal teams to provide subject matter expertise on credit, market and operational risk related topics and participate in development of client proposals and RFP responses.

Client Relationship Development

  • Develop trusted relationships with internal and external clients, and have an eye for qualifying potential opportunities and negotiating complex deals.
  • Build strong relationships with our global Analytics and Risk Management teams, and further develop existing relationships based on mutual benefit and synergies.


Qualifications

Must-haves:

  • Minimum of 4 years of experience with Risk Analytics at a Financial Services firm (Consumer/Commercial Bank or Investment Bank or Broker-Dealer), Rating Agency or Professional Services/Risk Advisory firm.
  • Minimum of 1 year experience with at least one of the following:

Risk Ratings and Credit Risk Methodology

Economic and Regulatory Capital

Stress Testing

Liquidity Risk

Counterparty Risk

Market Risk

Model Validation/Audit/Governance

ALLL and Provisioning

Pricing

Underwriting

Collections and Recovery

Fraud

Credit Policy and Limit Management

  • Minimum of 3 years at a Management Consulting firm;
  • Minimum of 1 year experience with analytical techniques used for development and validation (conceptual foundation and technical merit) of wide range of risk and valuation models.
  • Minimum of 1 year experience with one or more of analytical tools such as SAS, R, SQL, Excel/VBA, Matlab, C++, etc.
  • Minimum of Bachelor degree (MA/MS preferred) in quantitative discipline, (Economics, Statistics, Operations Research, Computer Science, Engineering).
  • Ability to travel to clients’ sites Monday – Friday

Pluses:

  • Masters or PhD in a Quantitative discipline.
  • Strong academic credentials and publications, if applicable. Industry certifications such as FRM, PRM, CFA and strong academic performance (GRE, GMAT, GPA) preferred.
  • Knowledge of tools/ vendor products such as: Moody’s Risk Calc/ Risk Frontier / Credit Edge, Bloomberg, Reuters, Murex, QRM, etc.
  • Experience in some of the following areas:

Banking: Understanding of banking products across retail and wholesale asset classes, frameworks and methodologies used in one or more of the areas listed above. Advanced skills in quantification and validation of risk model parameters (E.g.: PD, LGD, EAD) for Wholesale, SME and/or Retail Banking portfolios

Capital Markets: Understanding of financial instruments/ products across equity, fixed income, derivatives and/or securitization space. Conceptual understanding or direct exposure to one or more of the following types of models: interest rate pricing models, equity and FX option pricing models, commodities, single and multifactor derivative pricing models, stochastic volatility models, etc.

Risk Regulation: In-depth understanding of new/ evolving regulations in the Risk management space. Knowledge of Basel II/ III principles and practice, Dodd Frank, ICAAP, CCAR, etc.

  • Exposure to working in globally distributed workforce environment including offshore model.
  • Experience in extracting, aggregating and structuring large volumes of data along different dimensions.
  • Interpersonal and presentation skills – ability to interface effectively with the client individually and as a member of an engagement team
  • Team-oriented and collaborative working style, both with clients and those within the organization.

Additional Information

Applicants for employment in the U.S. must possess work authorization which does not require current or future sponsorship by the employer for a visa.

All candidates should reside or be willing to relocate at their own expense to one of the core locations: 

Washington, DC, PA – Philadelphia, MA – Boston, NC – Charlotte, GA – Atlanta, IL – Chicago, MN – Minneapolis, CA – San Francisco