Risk Consulting-Senior 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 - Senior 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 a high performing teamof 10-15 members including Managers Senior Consultants and Analysts in the strategic planning execution and delivery of complex Financial Services and Risk Management engagements ensuring alignment with organizational goals and client needs.
• Provide expert guidanceon capital market instruments emphasizing the pricing and risk dynamics of fixed income equity foreign currency interest rate commodity credit and derivative transactions.
• Cultivate and manage senior-level client relationships acting as a trusted advisor to understand strategic priorities and deliver tailored risk management solutions.
• Contribute to the firms thought leadership by publishing insights participating in industry forums and staying ahead of emerging trends in financial risk and capital markets
• Comprehend EYs service offeringsand actively evaluate how the firm can deliver tailored solutions to meet client requirements.
• Demonstrate exceptional project management skillswhile fostering a collaborative environment that promotes accountability and high performance among team members throughout engagements.
• Monitor project progress diligently manage risks proactively and communicate status updates issues and priorities effectively to key stakeholders to ensure successful project outcomes.
• Adapt to diverse projectsinvolving model audits validation and development demonstrating flexibility and a deep understanding of domain knowledge.
• Lead internal initiatives to enhance methodologies tools and frameworks within the Financial Services Risk practice fostering innovation and continuous improvement.

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.
• At least 10 years of experience within a consulting firm a bank or other financial institutions risk management valuation control quantitative analytics related business functions preferable with pricing and modeling experience on financial derivatives structured notes and complex financial instruments.
• Solid understanding of Risk analytics methodologies including hedge effectiveness testing.
• Advanced technical skills with proficiency in VBA Python or MATLAB
• Experiences with vendor software (e.g. Bloomberg Numerix Refinitiv)

• Excellent analytical and problem-solving expertise

• Exceptional documentation skills with the ability to quickly grasp complex concepts and present them clearly in documents or presentations.
• Exceptional project management abilities and foster a collaborative environment and accountability among team members on engagements while guaranteeing the high standard of the work produced.

Preferred:

• Professional certifications such as FRM CFA PRM or CQF.
• Pricing/Risk management system knowledge/experience Calypso SunGard Adaptive Murex Numerix Bloomberg Risk Metrics Spectrum EQF etc
• Experience in quantitative and qualitative analysis of risk exposures (risk measures scenario analysis stress testing)
• Team management skills including coaching and mentoring junior team members and new hires.
• Willingness to travel for client engagements

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.