Financial Services Consultant 3
Ireland
Following the completion of my undergraduate degree, I accepted a role with Grant Thornton’s recently formed Quantitative Risk Consulting team. Through this role I gained significant exposure to a broad range of projects while working alongside various clients. In more detail, I was involved in the development and validation process of an IRB model for an Irish pillar bank. This process included initial exploratory data analysis, data quality, single and multiple factor analysis, model development and calibration, documentation and support throughout the model validation process. Upon completion of the IRB model development, I worked alongside the stress testing team as part of the delivery of the 2018 EBA Stress Test exercise. My responsibilities included supporting client with the regulatory burden, the development of challenger models, implementation of the stress testing engine, delivery of the final templates and finally, support in engagement with the regulator during the supervisory process. I also had the opportunity to streamline the stress testing engine, specifically in order to improve efficiency and include additional functionality for dynamic elements such as new lending and loan sales. Finally, I also had the chance to develop a suite of analysis tools and dashboards in R with the aim of both providing benefits to potential clients as well as training graduates. From my time with Grant Thornton, I received fantastic exposure to the risk management function of large institutions and gained vast knowledge of core regulatory topics including definition of default, capital requirements, IFRS 9 standards, IRB modelling guidelines and stress testing.
