Manager, Market Risk

Manager Market Risk
Location: London

EY is looking for aMarket Risk Manager (Quant)with strong analytical skills traded risk expertise and experience in derivative products 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 be surrounded by knowledgeable colleagues and exciting project opportunities to learn and further develop your skillset and career.

The Opportunity

As a Manager you will lead client engagements or workstreams and participate in internal projects. On a day-to-day basis youll deliver complex risk and regulatory transformation engagementsfrom strategy through to implementation. Depending on the role you may have line management responsibilities and own specific client deliverables from inception to completion in consultation with EY leadership.

A key part of your role will be to actively establish maintain and strengthen internal and external client relationships. You will also support internal go-to-market proposition development on relevant risk solutions (e.g. FRTB risk transformation data and technology CCR management) contribute to thought leadership and support the sales process through proposal development and closureproviding a unique blend of skills 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 focusing on traded products and a wide 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 initiatives (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 emerging digital assets and sustainability agenda

In line with our commitment to quality youll ensure work is of a high standard and reviewed appropriately. As an influential team member youll help foster a positive learning culture and coach junior colleagues.

Key Responsibilities

As a Manager 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 presentations reports and other deliverables for senior stakeholders
• Conduct performance reviews and contribute to staff feedback
• Support recruitment and other people initiatives
• Maintain an educational program to continually develop personal skills
• Contribute to internal solution development business development materials and EYs market growth
• Participate in project planning and economics (e.g. budgeting billing)

Skills and Attributes for Success

• Strong hands-on experience in mathematical modelling and risk management practices across derivatives
• Confident and credible communicator (written and verbal) with strong technical knowledge of traded products and commercial awareness
• Project management and report writing skills
• Experience in stakeholder and client management; well-organised
• Ability to support business development and contribute to EYs market solutions and thought leadership

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#)
• Experience managing small teams and reviewing deliverables
• Strong communication skills and commercial understanding
• Ownership of tasks timely delivery and project management experience
• Soft skills: teamwork collaboration inclusiveness flexibility proactiveness and motivation

Good to Have

• Professional qualifications (e.g. CQF CFA FRM PRM)
• Experience with Risk Data & BCBS 239: Market Risk and Counterparty Credit Risk reporting (e.g. risk appetite ICAAP SREP COREP) data lineage data quality metrics and controls design
• Experience with software development environments (e.g. VBA Java C SQL R ) and project management tools (e.g. Tableau MS Project)
• Understanding of risk and controls risk appetite frameworks and policies target operating models governance traded risk measurement internal model permissions and regulatory interactions

What We Look For

Were interested in people with the right attitudeentrepreneurial individuals who thrive in a global team. Youll need a balance of technical and analytical skills creativity and strong communication. If you have bold ideas and the confidence to share them this role is for you.

What Working at EY Offers

We offer a competitive remuneration package rewarding both individual and team performance. Our Total Rewards package includes flexible working career development support and benefits tailored to your needscovering holidays health and well-being insurance savings and a wide range of discounts and promotions.

We also offer:

• Continuous learning: Develop the mindset and skills to navigate whats next
• Success as defined by you: Tools and flexibility to make a meaningful impact
• Transformative leadership: Insights coaching and confidence to lead
• Diverse and inclusive culture: Be embraced for who you are and empowered to help others

If you meet the criteria above wed love to hear from you.

The exceptional EY experience. Its yours to build.
Apply now.