Fs - Risk Consulting - Fsrm - Lts - Senior
Fs - Risk Consulting - Fsrm - Lts - Senior
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Job Description
At EY youll have the chance to build a career as unique as you are with the global scale support inclusive culture and technology to become the best version of you. And were counting on your unique voice and perspective to help EY become even better too. Join us and build an exceptional experience for yourself and a better working world for all.
Business Consulting Financial Services Risk Management (FSRM) Business Solutions Senior
Description
EYs Financial Services Office (FSO) is a unique industry-focused business unit that provides a broad range of integrated services that leverage deep industry experience with strong functional capability and product knowledge. FSO practice provides integrated consulting services to financial institutions and other capital markets participants including commercial banks investment banks broker-dealers asset managers (traditional and alternative) insurance and energy trading companies andthe Corporate Treasury functions of leading Fortune 500 Companies. The service offerings provided by the FSO Consulting include market credit liquidity and operational risk management regulatory consulting quantitative consulting structured finance transaction actuarial consulting treasury consulting technology enablement risk and security program consulting and process & controls.
Within EYs Business Consulting Practice the Financial Services Risk Management (FSRM) group provides solutions that can help FSO clients to identify measure manage and monitor the market (trading book) credit (banking book) liquidity operational and regulatory risks associated with their trading asset-liability management capital management and other capital markets activities.
Within FSRMthe Business Solutions team assists across end-to-end aspects of Capital management CECL BASEL credit risk liquidity & treasury and ICAAP related activities.
Clients include large domestic and global financial institutions broker-dealers foreign banking organizations asset management firms with significant capital markets activities. Project teams frequently work with the senior management of these firms including CFOs and CROs.
Key Responsibilities
- Exposure to gap assessments impact analysis and business readiness assessments for regulatory change management
- Demonstrate deep technical capabilities and industry knowledge of financial products
- Lead components of large-scale client engagements and/or smaller client engagements while consistently delivering quality client services
- Review work products to ensure that the team consistently delivers high quality work
- Understand market trends and demands in the financial services sector and issues faced by clients by staying abreast of current business and industry trends relevant to the clients business
- Monitor progress manage risk and effectively communicate with key stakeholders regarding status issues and key priorities to achieve expected outcomes
- Play an active role in mentoring junior consultants within the organization
Qualifications Certifications and Education
Must-have:
- Masters degree in business administration (finance economics) with at least 3-7 years of relevant work experience
- Experience in regulatory reporting in Banks (FR 2052a/LCR/NSFR etc.)
- Treasury and/or Liquidity Risk / Operations experience in BFSI
- IRRBB risk understanding modelling & reporting capabilities
- Understanding of Banks Balance Sheet and various products like loans commitments deposits derivatives etc.
- Understanding of cash flows and methods to project the cash flows (principal repayments and interest payments in futures)
- Understanding of discounting techniques and Present Value Duration Pv01
- Understanding of interest rate structures (fixed rates floating rates benchmark indexes etc)
- Working Knowledge of FTP (Funds Transfer Pricing) methodologies benchmarking and enhancement plus FTP systems implementation support
- Regulatory understanding of IRRBB regulations (Economic Value of Equity (EVE) Net Interest Income (NII) Daily Gap Non Traded Market Risk (NTMR) etc
- Basic understanding of regulatory stress testing scenarios including Recovery and Resolution Planning framework and resolution liquidity metrics such as RLEN.
- Business analysis skill around documenting As Is model and define Target Operating Model (TOM) for various treasury and liquidity risk management processes.
- Skills in areas of Policy and procedures document writing
- Ability to perform data analysis for cross report amount reconciliation. Working knowledge of SQL is a must.
- Skills around defining business and IT architecture
- Data skills (Data framework Data Controls Data architecture etc)
- Testing capabilities (UAT plan UAT strategy UAT review and sign off etc)
- Strong problem solving and solution development skills
- Knowledge of Risk Management Regulatory Compliance and Financial Reporting
- Ability to liaise with business and technical teams of all levels including senior management
- Automation/innovation mindset
- Professional English language written and verbal skills
- Excellent communication skills
Good-to-have:
- Certifications such as FRM CFA
- Risk management system knowledge/experience
- Experience in working in Treasury & ALM department in Banks
- QRM or equivalent solution working and modelling knowledge
- Internal Liquidity Stress Testing (ILST) reporting and process understanding.
- Willingness to travel to meet client needs
EY Building a better working world
EY exists to build a better working world helping to create long-term value for clients people and society and build trust in the capital markets.
Enabled by data and technology diverse EY teams in over 150 countries provide trust through assurance and help clients grow transform and operate.
Working across assurance consulting law strategy tax and transactions EY teams ask better questions to find new answers for the complex issues facing our world today.
Employment Type
Full Time
