Senior Consultant, Technical Analyst, Market Risk

at  EY

LONDON

EY is looking for a Market Risk Manager to join our Market Risk team, part of our Financial Services Risk Management (FSRM) competency within Business Consulting, in our Canary Wharf offices.
The FSRM team works with clients in Financial Services with regulatory/risk challenges in areas such as Market, Counterparty, Credit and Climate Risk, etc. This is a rapidly growing area supported by an increased focus across the industry. It’s a great time to join a high-profile team where you’ll be surrounded by some of the most interesting and knowledgeable colleagues around and exciting project opportunities to learn and further develop your skillset and careers

SKILLS AND ATTRIBUTES FOR SUCCESS

• Confident and credible communicator (both written and verbal) with good technical knowledge of traded products and risk management and commercial understanding
• Project management and strong report writing skills
• Experience in stakeholder and client management and well organised
• Ability to support business development and contribute to the growth of the EY market solutions and support thought leadership development and GTM Point of Views (POVs)

YOUR KEY RESPONSIBILITIES

As a Manager in the team, you can expect to be involved in the following activities:

• Participate in Risk and Assurance engagements with a Market and / or Counterparty credit risk focus.
• Work effectively as a team member sharing responsibility, providing support, maintaining communication, and updating senior team members on progress
• Draft slides, reports and other deliverables to be delivered to clients and other parties
• Develop and maintain productive working relationships with client personnel
• Build strong internal relationships within the advisory practice and across other services
• Conduct performance reviews and contribute to performance feedback for staff
• Contribute to people initiatives including recruiting and retaining FSRM professionals
• Maintain an educational program to continually develop personal skills
• Contribute to developing internal solutions, business development materials and the growth of the EY in the market
• Collaborate on workstreams and provide coaching to more junior colleagues
• Take part in the project planning and economics aspect of the project (budgeting, billing, etc.)

TO QUALIFY FOR THE ROLE YOU MUST HAVE SOME OR ALL OF THE FOLLOWING:

• Demonstrable, relevant experience in Financial Services, either as part of an institution within Market and Counterparty Credit Risk; in an advisory or business consulting capacity to such organisations or in the regulation of such institutions.
• Strong academic background including at least a 2.1 Bachelor’s degree
• Professional Qualification e.g. CQF / CFA / FRM / PRM
• Good understanding of risk and controls, risk appetite, risk framework and policies, target operating model and governance, traded risk measurement and monitoring, internal model permissions, and regulatory interactions
• Good understanding of Traded products, Market and CVA methodologies used for the trading, risk management and ideally calculation of regulatory capital metrics (VaR, SVaR, Stress testing, Risks not in VaR etc.) for the trading book and banking book risk metrics (IRR, EVE)
• Good understanding of technology build lifecycle, which is critical for risk management projects (e.g. business and functional requirements documentation (BRD and FRD), implementation/ build, SIT testing, UAT testing) would be beneficial
• Experience in any of the following software development environments: VBA/ Java / C++/ SQL/ R / Matlab / .NET and reporting and Project management tools (Tableau, MS Project etc.) would be beneficial
• Demonstrable experience of comparing and contrasting observed Market or Counterparty Risk activities against a framework of good practice.
• Confident and credible communicator who displays both technical knowledge and commercial understanding
• Ability to document project plans, produce slides and reports
• Ownership of given tasks and ensuring timely delivery, project management and report writing experience
• Experience in stakeholder and client management
• Soft skills including teamwork, collaboration, inclusiveness, flexibility, proactiveness, and motivation
• Ability to drive business development and contribute to the growth of the EY market solutions