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Capital Markets Risk Technology Architect

Location:  London
Other locations:  Primary Location Only
Salary: Competitive
Date:  Jan 15, 2023

Job description

Requisition ID:  1367061

Our UK Capital Markets Technology and Data team capability helps our investment banking clients to deliver complex business and regulatory transformation, enabled by technology.

 

We are looking for Risk Technology Architects as part of a demand-driven expansion of our Risk Technology team. The Risk Technology team is part of our broader Capital Markets Technology Consulting team and will work hand-in-hand with our broader Risk team that sits in Business Consulting.

 

Strong technology architecture skills are critical to delivering transformation in domains such as risk, finance and treasury as part of a multi-disciplinary team using agile methodologies.

 

You will have the opportunity to work on business-critical engagements. In recent years we have helped investment banks to get ready for Brexit, improve their compliance with regulations such as the Basel 3 Regulatory Framework, MiFID II, EMIR, Dodd Frank and FRTB. As we look to the future, prudential regulation will increasingly include an ESG component (where EY is already recognised as a market leader).

 

We also help banks to become more grow and become more profitable, either by developing new revenue streams, or crucially, by reducing costs. We are also helping clients to drive up revenue by providing data and analytics solutions that provide measurement and actionable insights to the front line.

 

While we predominantly serve the UK market, our clients are global, and we collaborate extensively with our fellow capital markets teams in EMEIA, the US and APAC

 

We come at transformation problems in the following ways with respect to technology:

  • We are highly skilled at delivering and overseeing large scale technology change – from inception and requirements definition through to operational readiness. We prefer an agile methodology but are happy to work in whatever ways our client’s demand.
  • We are increasingly bringing technology assets to clients to help accelerate transformation. Our technology assets include proprietary EY tools (such as our highly innovative trade and transaction reporting analytics suite) as well as best-of-breed vendor tools.
  • We deploy team members from on-shore, near-shore and off-shore teams, and often work alongside our major alliance partners, such as Microsoft, ServiceNow Snowflake, IBM and ServiceNowand Pega to deploy solutions. Increasingly we collaborate with FinTech firms too.
  • We are passionate about keeping pace with the latest emerging technology. We have recently invested in senior hires in Cloud, Digital, Intelligent Automation, Digital Assets and AI. But we aren’t interested in technology for the sake of technology;  – we combine the tech mindset with EY’s deep business and regulatory knowledge in order to deploy technology intelligently to solve business problems.

 

Do you want to engage your mind? Then join EY to gain experiences that will last a lifetime.

 

Your key responsibilities

There are multiple aspects of the role:

  • Engagement delivery: roles vary from engagement to engagement, but are likely to include, working with client CROs and CTOs to define a Risk Technology target state, technology roadmaps, solution architecture, technology target operating model design and implementation management. 
  • Business development; developing long term trusted advisor relationships with our clients, shaping propositions and commercial proposals.
  • Brand and market eminence; being a visible leader in the capital markets community, speaking at conferences, authoring thought leadership, participating in multi-client industry round tables.
  • People leadership; building and leading high performing teams, coaching, mentoring and serving as a role model for our people.

 

Commercial and interpersonal skills

  • Ability to successfully deliver multiple engagements, exceed client expectations, manage commercial aspects (e.g., contracts, billing, and budgets), and manage quality and risk
  • Proven track record in identifying and shaping sales as well as delivery. Industry hires could demonstrate this through the ability to shape and influence internal transformation.
  • Ability to maximise team performance - accountability for ensuring a collaborative and committed way for teams to work effectively together, providing coaching and leadership, and sharing knowledge
  • Ability to engage with our clients and build strong, collaborative relationships
  • Proven ability to identify, develop, take to market, and deliver leading edge solutions
  • Ability to engage with stakeholders at a C suite level and manage large cross functional projects
  • Ability to manage multiple stakeholder communities with varying levels of experience
  • Identifying opportunities for and securing new business, including leading proposals, and bid teams 
  • High level of drive, commitment to achieving solutions and ability to work under pressure
  • Intellectual strength / flexibility to rapidly understand complex problems and rationalise these into workable solutions which can then be delivered
  • Ability to balance the intellectual rigour required for market leading architecture with pragmatism and a keen sense of what can be achieved and delivered.
  • Appreciation of EY’s solutions / go to market abilities and how these service client needs
  • A demonstrable commitment to diversity and inclusiveness

 

Investment banking skills

  • A successful track record and deep experience in investment banking technology, architecture, and data, gained through time spent in top tier consultancies, software vendors and/or leading investment banks
  • Good understanding of Prudential Risk including Market Risk, Model Risk, Credit Risk, Counterparty Credit Risk and Liquidity Risk. Knowledge of Non-Financial Risks such as Conduct Risk, Cybersecurity Risk, Compliance risk and Reputational Risk would be beneficial too..
  • Strong product knowledge, with the ability to face off to Risk and Front Office functions in particular
  • Experience of working with Risk stakeholders within Risk Transformation programmes. Some knowledge of Basel 3 Framework, Basel IV, CRR II / CRD V and FRTB, would be valuable
  • Understanding of Risk business processes including but not limited to VAR, Risk Limits, Stress testing, ILAAP and ICAAP, Default Probability, Exposure at Default, Loss given Default.
  • A demonstrable interest in the digitisation of investment banks and an understanding of the Risk Technology landscape
  • Understanding of the capital markets ecosystem (sell side, buy side, FMIs, service providers, vendors)
  • Exposure to in-house build as well as the major traded risk platforms (e.g. Murex, Summit, Loan IQ) would be highly beneficial.
  • Financial risk management skills and knowledge of systems and data to support the industry respond to UK and European regulation to manage climate risk
  • A point of view on how the investment banking industry will continue to evolve and how the technology, innovation and FinTech landscape will shape the future
  • Experience of ESG would be a bonus

 

Technical skills

  • Agile Enterprise Architecture: Functional and Logical
  • Enterprise architecture certifications (e.g. TOGAF)
  • Large scale programme delivery (Agile, DevOps, waterfall)
  • Solution architecture (Business, Functional, Technical)
  • Data architecture, data lineage
  • Integration architecture
  • Modern digital technologies: cloud (especially Microsoft Azure), microservices, containerisation, distributed ledger technology, low code, and robotic automation solutions
  • Experience of handling information security and privacy challenges
  • Experience of artificial intelligence and machine learning

 

Academic and prior experience

  • A university degree, 2:1 (or equivalent) or above is usually preferred, however we would be open to outstanding candidates who may have followed an alternative academic path.

 

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 provider of 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. 

 
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
 
Join us in building a better working world.  
 
Apply now. 

CapMarkets2023


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!
 

 

 

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