Job Description

Basic information

Location

London

Business Line

Strategy, Risk & Transactions Advisory

Date published

07-May-2025

Req #

18746
Job description

Connect to your Industry

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 the team, working on stress testing engagements at a range of clients and to work on initiatives to support the growth of our business.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.


What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we

lead the way

,

serve with integrity

,

take care of each other

,

foster inclusion

, and

collaborate for measurable impact

. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.

Connect to your opportunity

Successful applicants will work closely with the leadership of the Credit Risk Advisory practice. The role will require a flexible approach to tackle a wide range of tasks including:

Supporting end-to-end reviews of stress testing processes to assess opportunities for enhancement and recommend innovative solutions to increase productivity and reduce costs; Supporting reviews of different aspects of banks' stress testing processes including - scenario design; model execution; results analysis; documentation; and frameworks; Supporting clients with delivery of different aspects of stress testing including: scenario design, expansion and review; model execution; results analysis; project management; and documentation. This could apply across various stress testing use cases including regulatory stress testing, ICAAPs and also internal/ management stress testing; Supporting clients with the design of their stress testing processes, including stress testing frameworks; Supporting clients with climate scenario analysis, advising them on how to incorporate climate risk into their scenario analysis and stress testing programmes; Supporting clients with the appropriate integration of stress testing into risk management, ensuring they are realising the full benefits of stress testing; Supporting the design and implementation of stress testing tools; Being flexible and collaborative in taking on other duties commensurate with the grade and the nature of the post; Working effectively in diverse teams within an inclusive team culture where people are recognised for their contribution.

Connect to your skills and professional experience

Essential


To qualify for the role you must have:

A passion for stress testing and a very strong desire to be part of the team. Stress testing experience in a project-based banking environment or a consulting environment covering at least two of the following (or equivalent): + Scenario design or expansion.
+ Stress testing execution.
+ Stress testing reporting.
Knowledge of regulatory stress testing requirements. Knowledge of stress testing use cases and appropriate processes. Strong business communication skills, both verbally and through the use of PowerPoint, Word and Excel. Core business analysis skills across requirements, business process design. Strong work ethic and commitment to delivering excellence to clients. Professional and personable with excellent team working skills. Proactive, highly collaborative and capable of working independently. Flexible to adjust to Deloitte culture and work in line with our shared values. Some project management and people management or equivalent experience. Evidence of relevant professional work experience.

Desirable:

Experience/ knowledge of climate risk stress testing or scenario analysis. Knowledge of economics/ finance or equivalent. Knowledge of climate risk in the context of banks. Knowledge of broader bank credit risk processes. Knowledge/ experience of designing/ implementing stress testing frameworks. Knowledge/ experience of coding languages (e.g. Python).

Connect to your business - Strategy, Risk & Transactions Advisory

In an ever-evolving world, there are no certainties in business. Our teams help clients to navigate risks, process major transactions and deliver transformational change that will future-proof their business. Join us to make a positive difference.

Regulatory & Financial Risk

We provide advisory services across the risk and regulatory landscape to help our clients move beyond simply meeting the minimum compliance standards, to strategically creating a responsible, sustainable future. This includes providing critical insight and advice on the future of regulation to assist our clients in anticipating change and responding with confidence.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

"At Deloitte you're given all the training, support and on the job experiences you need to equip you with the core skills and knowledge for your role. I've been supported in developing technical and leadership skills for example." - Gurpal, Strategy, Risk & Transactions Advisory

Our hybrid working policy

You'll be based in London with hybrid working.


At Deloitte we understand the importance of balancing your career alongside your home life. That's why we'll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you'll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You'll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Our commitment to you

Making an impact is more than just what we do: it's why we're here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.


We want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for.


Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you'll experience a purpose you can believe in and an impact you can see. You'll be free to bring your true self to work every day. And you'll never stop growing, whatever your level.


Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers


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