Market Risk - Senior Manager

Senior Manager: Market Risk

The opportunity

We are currently recruiting for a senior manager within our Financial Services Risk Management – Quantitative Advisory Services (QAS) team. The role will focus on the market risk competency. The practice focusses on financial services across banking, insurance, and corporate treasuries.

Your key responsibilities 

The successful applicant will help develop and lead a team which can offer our clients advice and hands on assistance with issues such as:

• IFRS 13 fair value measurement focussing on the valuation of exotic derivatives across a range of underlying asset classes and the valuation of fixed income and money market instruments
• IFRS 2 share-based payment and BEE deal valuation
• xVA modelling (credit and debit valuation adjustment, funding valuation adjustment, etc.)
• IFRS 16 lease fair valuation and incremental borrowing rate estimation
• Review and validation of FRTB and IRRBB implementations
• Development of thought leadership material on relevant industry topics

Client responsibilities

• Participate in and as required, lead QAS client engagements
• Develop long-term, sustainable relationships with key client stakeholders in line with our go to market strategies and individual market development initiatives
• Develop client solutions based on a deep understanding and knowledge of clients’ business needs
• Develop informed views for clients on the implications of current and anticipated industry issues
• Generate new business sales through proactively managing key accounts, identifying new client opportunities, and playing a significant role in developing and driving sales campaigns/solutions

People responsibilities

• Live the EY values
• Lead engagement teams and accounts
• Develop people through effectively supervising, coaching and mentoring all junior levels of staff
• Provide learning and growth opportunities to staff and encourage the potential within all staff to take on challenging opportunities
• Conduct performance reviews and contribute to performance feedback for junior levels of staff
• Contribute to people initiatives including recruiting, retaining and training FS Risk professionals
• Maintain an educational program to continually develop your own personal skills

Qualifications and experience required

• Relevant Masters (MComm / MSc /MPhil) or Honours degree. For example, in computer science, engineering, actuarial science, statistics, mathematics or accounting
• Professional qualification (CFA / FRM / PRM / FIA / FASSA) a plus
• Sound understanding of quantitative methods and the application of these to financial risk management
• Advanced knowledge of valuation techniques (e.g. Risk neutral pricing and its application in the capital markets, etc.)
• Proficiency in VBA, R or Python
• A minimum of 8+ years relevant working experience

 Other skills and attributes for success 

• Strong analytical skills and statistical aptitude in a modelling environment
• Proficient in MS Office
• Innovative, creative thinking and problem-solving skills
• Robust project management skills
• Solid presentation skills and confidence to be client-facing
• Effective time management
• Strong writing skills
• Initiative and enthusiasm
• People skills
• Ability to work under pressure
• Flexibility to accept change and adapt

What working at EY offers  

• Work for a globally integrated firm of actuarial and quantitative professionals across more than 150 countries, enabling optimised and consistent views across the globe.
• Work with and have access to industry experts, whilst gaining exposure across multiple engagements and clients in the financial services sector.
• Develop both your technical expertise and other skills such as project and stakeholder management.
• Further your continuous professional development through our in-house learning platforms as well as our external learning FS Risk study policy.
• Work in a company culture that values diversity and inclusiveness, flexibility, employee wellness and corporate social responsibility.
• Receive ongoing mentoring, support and guidance to optimise your professional growth and progress your career at EY.

About EY  

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.  

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

It’s yours to build.   

Apply now.