Risk Consulting - Manager - Market Risk

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.

Risk Consulting MENA FS Risk Market Risk - Manager

Divisional Overview

EY GDS Risk Consulting 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.

EYs MENA Financial Services Risk Management (FSRM) team part of the EY GDS Risk Consulting Practice delivers tailored risk solutions to help clients identify assess manage and monitor a range of financial and regulatory risks. These include market (trading book) credit (banking book) operational and regulatory risks arising from trading asset-liability management capital management and broader capital markets activities. The division is ideal for collaborative individuals who have strong ethics and attention to detail.

Within FSRM the Market Risk (MR) team focuses on supporting clientsranging from large domestic banks to global financial institutionsin developing validating or reviewing Capital Markets and Market risk models (e.g. Derivatives Pricing VaR/ES Counterparty Credit Risk FRTB xVAs Hedge effectiveness testing) based on industry best practises.

You will work within different sized multi-disciplinary teams and play a key role in ensuring high quality outputs and service to our clients. The role involves developing knowledge and implementing new solutions to meet the ever-changing needs of our clients. We value intellectual curiosity and a passion for promoting solutions across organizational boundaries.

Key Responsibilities

• Lead and manage a team of 58 professionals including Senior Consultants and Analysts in delivering high-quality Financial Services and Risk Management engagements aligned with client objectives.
• Provide subject matter expertise on capital market instruments focusing on pricing and risk assessment of fixed income equity FX interest rate credit and derivative products.
• Take ownership of project planning and execution ensuring timely delivery quality assurance and effective communication with stakeholders.
• Oversee and ensure the quality of deliverables providing guidance and final review to maintain high standards.
• Serve as the primary point of contact for mid-level client stakeholders managing expectations and ensuring satisfaction.
• Stay current with financial market developments and regulatory changes to inform strategic recommendations.
• Adapt to diverse projects involving model audits validation and development demonstrating flexibility and domain expertise.
• Mentor and coach junior team members fostering a culture of continuous learning and performance excellence.

Qualifications Certifications and Education

Must-have:

• Bachelors degree in quantitative finance Financial Engineering Mathematics Physics Statistics Engineering or other numerical subjects from a reputable institution.
• 68 years of experience in financial services consulting or risk management with exposure to pricing valuation or quantitative modeling of financial instruments.
• Strong understanding of risk analytics including hedge effectiveness.
• Proficiency in at least one programming or analytical language (e.g. Python VBA MATLAB).
• Familiarity with financial data platforms and tools (e.g. Bloomberg Refinitiv Numerix).
• Excellent analytical communication and documentation skills.
• Proven ability to manage multiple projects and deliver results in a fast-paced client-facing environment.

Preferred:

• Professional certifications such as FRM CFA or PRM.
• Experience with at least one pricing/risk management system (e.g. Calypso Murex Bloomberg).
• Exposure to quantitative and qualitative analysis of risk exposures including scenario analysis and stress testing.
• Proven team management skills including mentoring and developing junior staff.
• Willingness to travel for client engagements as required.

What working at EY offers

As a global leader in assurance tax transaction and consulting services were using the finance products expertise and systems weve developed to build a better working world. That starts with a culture that believes in giving you the training opportunities and creative freedom to make things better.

At EY were dedicated to helping our clients from startups to Fortune 500 companies and the work we do with them is as varied as they are.

You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus we offer:

• Support coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career.
• The freedom and flexibility to handle your role in a way thats right for you.