Senior Consultant - Market Risk

Senior Consultant Market Risk
Location: London

EY is looking for aSenior Consultantwith strong analytical skills and knowledge of derivative product pricing and risk management to join theMarket Risk teamwithin theRisk Consultingbusiness. This is a full-time London (UK)-based role.

The team works with clients in Financial Services facing regulatory and risk challenges in areas such as Market Counterparty Credit and Climate Risk. This is a rapidly growing area supported by increased industry focus. Its a great time to join a high-profile team where youll collaborate with knowledgeable colleagues and work on exciting projects that will help you develop your skillset and advance your career.

The Opportunity

As a Senior Consultant you will participate in client engagements or workstreams and contribute to internal initiatives. On a day-to-day basis youll help deliver complex risk and regulatory transformation projectsfrom strategy through to implementation. You will be responsible for specific client deliverables from inception to completion working closely with EY leadership.

A key part of your role is to collaborate with colleagues and leadership to ensure high-quality outcomes for clients. You will also support internal go-to-market proposition development in areas such as FRTB risk transformation data and technology and CCR management. Additionally youll contribute to thought leadership and support the sales process through proposal development and closurebuilding a well-rounded skillset to grow your career within the firm.

As a Market Risk professional youll work on a variety of complex and high-profile projects with some of the largest financial institutions globally. These projects focus on traded products and involve a broad stakeholder landscape across Front Office Risk Model Development and Validation Model Governance Finance and Technology functions. Example topics include:

• Strategic business growth and regulatory remediation (PRA ECB OCC/Fed)
• Capital optimisation and financial resource management
• FRTB and trading book wind-down
• Model governance risk and controls across the three lines of defence
• Future of risk digital assets and sustainability initiatives

In line with EYs commitment to quality youll ensure that your work meets high standards and is reviewed appropriately. As a valued team member youll also contribute to a positive learning culture and support the development of junior colleagues.

Key Responsibilities

As a Senior Consultant you can expect to be involved in the following:

• Participate in Risk and Assurance engagements with a focus on Market and/or Counterparty Credit Risk
• Collaborate effectively as a team member sharing responsibilities providing support and updating senior team members on progress
• Draft presentations reports and other deliverables for senior stakeholders
• Maintain an educational program to continually develop personal skills
• Contribute to internal solution development business development materials and EYs market growth
• Support project planning and economics (e.g. budgeting billing)
• Skills and Attributes for Success

• Strong hands-on experience in mathematical modelling particularly in derivative pricing and risk management
• Confident and credible communicator (written and verbal) with solid technical knowledge of traded products and risk management
• Ability to support business development and contribute to EYs market solutions thought leadership and go-to-market strategies
• To Qualify for the Role You Must Have

• Strong academic background including at least a 2:1 Bachelors degree
• Solid understanding of derivative pricing market risk and CVA methodologies including greeks market data and capital calculations
• Knowledge of statistical and numerical techniques used in traded risk methodologies
• Hands-on experience with programming languages (e.g. Python C C#)