Risk Consulting - Manager - Market Risk

EY

  • Thiruvananthapuram, Kerala
  • Permanent
  • Full-time
  • 29 days ago
At EY, we're all in to shape your future with confidence.We'll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.Join EY and help to build a better working world.Job DescriptionAt 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.Risk Consulting - MENA FS Risk - Market Risk - ManagerDivisional OverviewEY 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.EY's 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 clients-ranging from large domestic banks to global financial institutions-in 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 and manage a team of 5-8 professionals, including Senior Consultants and Analysts, in delivering high-quality Financial Services and Risk Management engagements aligned with client objectives.
  • Provide subject matter expertise on capital market instruments, focusing on pricing and risk assessment of fixed income, equity, FX, interest rate, credit, and derivative products.
  • Take ownership of project planning and execution, ensuring timely delivery, quality assurance, and effective communication with stakeholders.
  • Oversee and ensure the quality of deliverables, providing guidance and final review to maintain high standards.
  • Serve as the primary point of contact for mid-level client stakeholders, managing expectations and ensuring satisfaction.
  • Stay current with financial market developments and regulatory changes to inform strategic recommendations.
  • Adapt to diverse projects involving model audits, validation, and development, demonstrating flexibility and domain expertise.
  • Mentor and coach junior team members, fostering a culture of continuous learning and performance excellence.
Qualifications, Certifications, and EducationMust-have:
  • Bachelor's degree in quantitative finance, Financial Engineering, Mathematics, Physics, Statistics, Engineering or other numerical subjects from a reputable institution.
  • 6-8 years of experience in financial services, consulting, or risk management, with exposure to pricing, valuation, or quantitative modeling of financial instruments.
  • Strong understanding of risk analytics, including hedge effectiveness.
  • Proficiency in at least one programming or analytical language (e.g., Python, VBA, MATLAB).
  • Familiarity with financial data platforms and tools (e.g., Bloomberg, Refinitiv, Numerix).
  • Excellent analytical, communication, and documentation skills.
  • Proven ability to manage multiple projects and deliver results in a fast-paced, client-facing environment.
Preferred:
  • Professional certifications such as FRM, CFA, or PRM.
  • Experience with at least one pricing/risk management system (e.g., Calypso, Murex, Bloomberg).
  • Exposure to quantitative and qualitative analysis of risk exposures, including scenario analysis and stress testing.
  • Proven team management skills, including mentoring and developing junior staff.
  • Willingness to travel for client engagements as required.
What working at EY offersAs a global leader in assurance, tax, transaction, and consulting 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.At EY, we're 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 that's right for you.
EY | Building a better working worldEY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

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