Financial Risk Management - Trading Book (Counterparty Credit and Market Risk), Senior Consultant

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.  At EY, you’ll 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 we’re 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.  

Financial Services Risk Management Advisor, FSRM (Traded Products Risk & Capital) - Financial Services Office (Senior): This position could be located in NY, NC.

 

EY is the only professional services firm with a separate business unit (“FSO”) that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!

 

The world’s largest banks, broker-dealers, foreign banking organizations, asset management firms and insurance companies look to us to assist them with their risk and capital management challenges. Traded products continue to be a focus for our clients as a result of broad regulatory changes and ongoing efforts by our clients to improve how they measure, monitor and optimize their risk and capital.

 

The opportunity

You’ll be a part of collegiate environment, all about teaming and a “we before I” culture. You’ll help our clients to design and implement strategic and functional changes across risk management, treasury, front office, middle office, and back office activities. In return, you can expect leading-class learning and development tailored to your unique interests and motivations. You can expect to progress and become ready to build a better working world for our people, our clients, and the communities that support us.

 

Your key responsibilities

Advise and provide clients with strategic recommendations on Financial Services Risk Management issues facing the financial services sector, focusing on the identification, measurement, and management of Market Risk and Counterparty Credit Risk. Focus on financial risk identification, measurement, mitigation, monitoring and reporting of exposures to interest rate, commodity, equity, credit and foreign exchange movements.

 

Provide strategic and tactical advice on the implementation of strategic process and business as usual enhancements as well as legislative and regulatory requirements such as Fundamental Review of the Trading Book (FRTB), Standardized Approach for Counterparty Credit Risk (SA-CCR), Regulatory CVA, Risk Pricing and Valuation, Margin (i.e., Initial and Variation Margin) and Comprehensive Capital Adequacy and Review (CCAR). Work closely with a team of professionals with diverse skills and backgrounds. Consistently deliver quality client services. Demonstrate technical capabilities and professional knowledge. Maintain long-term client relationships and networks. Possess strong written and verbal communication skills. Cultivate business development opportunities.

 

Everything you’ll do will come back to providing exceptional services to our clients. Colleagues and clients will look to you to lead components of the project, drive high quality results while coaching & motivating staff and managing client expectations. You will build your knowledge and experience, become a trusted advisor, and take your career to new heights.

 

Skills and attributes for success

• Structuring and planning projects in the risk and capital markets space across a broad range of market and counterparty risk areas, including risk capital calculations, risk measurements, reporting, capital, stress testing, and controls
• Conducting field work, project management, and developing high-quality work products within expected timeframes
• Managing project risk and effectively communicating with engagement leaders and key stakeholders regarding status, issues and key priorities to achieve expected outcomes
• Understanding clients’ unique ambitions and needs and referring them to colleagues in other teams and areas to broaden our business relationships

  To qualify for the role you must have 

• Bachelor's degree in finance, economics, accounting, engineering or a related discipline and approximately 4 years of related/relevant work experience; or a Master’s degree in Finance, Accounting, Business, Management or a related field and 2 years of work experience in the Financial Services industry
• Relevant experience in the financial services industry with either a consulting firm, internal consulting organization, or within front office or market risk, c