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| Job Mode : | Permanent Job |
| Published On : | 2010-01-06 |
| Last Application Date : | 0 days remaining (2010-03-28) |
| Category : | Banking (Credit/Risk Management) |
| Pay Rate : | Appropriate to experience plus car allowance, bonus and benefits |
| Location : | Canary Wharf, Docklands, East London, London |
| City : | London |
| Country : | UK |
| Job Posted By: | Parham Consulting |
| Jobs Publisher's Website: |
www.parhamconsulting.com |
Job Description
THE COMPANY AND SITUATION OVERVIEW:
One of the biggest names in the world of professional services has launched a modelling team producing a unique service offering for which there is currently no equivalent in existence. This consists of advisory services relating to Credit Portfolio Modelling for the financial sector. For this role they require someone with previous experience of working in the loan portfolio modelling function in a financial institution.
EXPERIENCE REQUIRED:
The following experience and attributes are essential for this role:
• A first class degree OR a PhD in a quantitative subject such as applied mathematics, engineering, physics or a related discipline (regrettably, accounting & finance or economics degrees are not suitable)
• Experience in modelling loan or credit portfolios in a financial institution.
• A quantitative background sufficient to fully understand credit portfolio models
• Knowledge of the transaction process and the internal / external interactions that are part of the transaction process
• An awareness of the range of credit products; vanilla, derivatives and structured.
• Outstanding written and communication skills, of the standard required to produce proposals and liaise at board level
Please note the above experience is essential: You require all of the above to be eligible for this role.
Desirable, but not essential is knowledge of interest rates and/or commodities markets.
THE ROLE:
This team focuses on two main areas: Credit Portfolio Management and Credit Portfolio Modelling. This role is essentially a mix of Consulting and Business Development. You would be assisting with the delivery of client engagements, delivering cutting-edge models and providing bespoke advice on credit portfolio risk assessment, credit portfolio management and improved credit portfolio modelling to a range of financial institutions globally. You would also assist with proposals and developing or identifying sales opportunities. This is a unique product and service offering.
THE OPPORTUNITY:
Partner! No, seriously! This is a unique offering in cutting-edge technologies for which there is no equivalent or competition elsewhere. Consequently, the team have been hugely successful so far, are already far ahead of target even in these early stages and are experiencing a huge demand for their services, hence their need for more staff. If you contribute to their success, the team will need to continue to grow quickly and expand globally. Consequently, the prospects are to step up to Director and then Partner in relatively quick succession. There is no “glass ceiling†here and nothing preventing there being multiple partners in the one team.
