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The Opportunity

EY is looking for a Market Risk Manager to join the Market Risk team, part of our Financial Services Risk Management (FSRM) competency within Business Consulting, in our Canary Wharf offices. The FSRM team works with clients in Financial Services with regulatory/risk challenges in areas such as Market, Credit risk and Operational Risk, Climate Risk etc. This is a rapidly growing area supported by an increased focus across the industry. It’s a great time to join a high-profile team where you’ll be surrounded by some of the most interesting and knowledgeable colleagues around and exciting project opportunities to learn and further develop your skillset and careers.

A successful Manager will lead client engagements or workstreams and participate in internal projects. On a day-to-day basis, you’ll deliver complex risk and regulatory transformation client engagements from strategy through to implementation. Depending on the role, you will have line management responsibilities and own specific client deliverables from inception through completion in consultation with EY leadership teams. An important part of your role will be actively establishing, maintaining, and strengthening internal and external client relationships. Your role will also include supporting internal Go-to-Market proposition development, thought leadership on specific offerings and support the sales process through proposal development and closure providing a unique blend of skillset to develop and grow your career within the firm.

As a Market Risk professional, you will get the opportunity to work on a variety of complex and high-profile projects with some of the largest financial institutions globally focussing on traded products and a wide stakeholder landscape across Front office, Risk, Model development and validation, Finance and Technology functions. E.g. incl. but not limited to the following topics: Strategic Business Growth and Regulatory remediation initiatives, Capital optimisation, Financial Resource Management, FRTB, IBOR Transition, Future of Risk, Emerging digital assets, sustainability agenda, etc.
In line with our commitment to quality, you will determine that work is of a high quality and is reviewed by the next-level reviewer. As an influential member of the team, you'll help to create a positive learning culture and will coach and counsel junior team members and help them to develop.

Your key responsibilities

• 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.
• Assist in preparing reports and schedules that will be delivered to clients and other parties.
• Develop and maintain productive working relationships with client personnel.
• Build strong internal relationships within Consulting and across other service lines.

People responsibilities

• Conduct performance reviews and contribute to performance feedback for staff
• Contribute to people initiatives including recruiting and retaining FS Risk professionals
• Maintain an educational program to continually develop personal skills

Skills and attributes for success

• Confident and credible communicator with good technical knowledge and commercial understanding
• Project management and strong report writing skills
• Experience in stakeholder and client management
• Ability to drive business development and contribute to the growth of the EY market solutions

To qualify for the role, you must qualify for most of the below

• Demonstrable, relevant experience in Financial Services, either as part of an institution within Market and Counterparty Credit Risk; in an advisory or business consulting capacity to such organisations or in the regulation of such institutions.
• Strong academic background including at least a 2.1 Bachelor's degree
• Professional Qualification e.g. CQF / CFA / FRM / PRM
• Good understanding of Derivative Pricing, Market and CVA methodologies used for the trading, risk management and ideally calculation of regulatory capital metrics (VaR, SVaR, Stress testing, Risks not in VaR etc.) for the trading book and banking book risk metrics (IRR, EVE)
• Good understanding of risk and controls, risk appetite, risk framework and policies, target operating model and governance, traded risk measurement and monitoring, internal model permissions, and regulatory interactions
• Experience in any of the following software development environments: VBA/ Java / C++/ SQL/ R / Matlab / .NET and reporting and Project management tools (Tableau, MS Project etc.)
• Demonstrable experience of comparing and contrasting observed Market or Counterparty Risk activities against a framework of good practice.
• Confident and credible communicator who displays both technical knowledge and commercial understanding
• Project management and report writing experience
• Experience in stakeholder and client management
• Ability to drive business development and contribute to the growth of the EY market solutions

What we are looking for

We are interested to hear from people with the right attitude for the job! That’s naturally entrepreneurial people that feed on the energy of a thriving global team. You’ll need a balance of technical and analytical skills, a creative approach to work and strong communication skills. If you’ve got big ideas on how we can do better, as well as the confidence to voice them, this role is for you.

What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. 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 that’s right for you

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve 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. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world.

Apply now.

Who we are

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance

Please note: Prior to finalizing your application, you will be asked to provide personal information across several dimensions of diversity and inclusiveness. The information you provide is kept entirely confidential and will not be used to evaluate your candidacy. We collect this data to help us analyse our recruitment process holistically and implement actions that promote diversity and inclusiveness. While optional, we encourage you to provide this information to hold us accountable towards our goal of building a better working world. We ask because it matters!

MarRisk2022UK