Senior Consultant - Business Consulting Risk - Market Risk FRTB- FSRM - Bangalore, Mumbai, Pune

Requisition Id: 1674080

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. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Senior Consultant- Traded Risk(Market risk/FRTB,CCR/SACCR/IMM) - FSRM - Mumbai,Bangalore,Pune

We are looking for a talented Traded Risk Specialist Consultant to join our dynamic team in Mumbai,Pune or Bangalore. The ideal candidate will have a robust background in Traded Risk, particularly in asset classes, and a solid understanding of regulatory frameworks such as FRTB SA/IMA, Basel 2.5,SACCR,IMM and CVA. The candidate should have at least 3 years of experience in Traded Risk and demonstrate expertise in risk models, methodologies, and risk management practices.

Experience and Skills Required:

Market Risk Expertise: Comprehensive understanding of Market Risk across asset classes, including IMA model permissions (VaR, SVaR, IRC), and VaR calculation methodologies such as Historical Simulation and Monte Carlo simulations. Strong grasp of pricing approaches—Sensitivity-based and Full-Revaluation—and FRTB-SA/IMA capital calculations.

Experienced in designing and executing Market Risk controls, including VaR/SVaR back-testing controls, limit monitoring, risk-factor data-quality checks, and validation of sensitivities and stress-testing outputs to ensure accuracy and regulatory compliance.

Counterparty Credit Risk Expertise: Strong ability to interpret and work with CCR exposure methodologies such as SA-CCR, CEM, and IMM, with deep understanding of exposure metrics including EE, EPE, PFE, and MtM. Robust knowledge of CCR capital requirements under Basel III/IV and Credit Risk Mitigation techniques such as collateral management, netting frameworks, margining, and ISDA/CSA arrangements.

Skilled in implementing and testing CCR controls across exposure calculations (SA-CCR/IMM), XVA processes, data-quality workflows, and regulatory reporting, ensuring completeness, consistency, and audit-ready governance across the CCR lifecycle.

Implementation Experience: Practical experience in Market Risk architecture, with a solid grasp of regulatory guidelines and requirements pertaining to Market Risk Regulations.

Product Knowledge: Solid Fundamental understanding of Products such as Options, Option Pricing techniques, Greeks, Swaps/Swaptions and its pricing, Bonds and its pricing, Exotic options.

Project Management & Business Analysis: Demonstrated project management capabilities, including the ability to identify errors early in the process and effectively challenge them as necessary.

Numerical Skills and Documentation: Excellent numerical skills, with the ability to clearly articulate complex topics and proficiency in Excel and PowerPoint.

Documentation and Management: Ability to create Requirement Documents/User Stories with accurate interpretations, assessments, and thorough note-taking.

Communication and Collaboration: Strong communication and collaboration skills, facilitating effective teamwork and stakeholder engagement.

Qualifications:

· Master’s degree in a relevant field (Finance, Risk, Economics, Mathematics, etc.)

· Preferred Certifications: CFA/FRM/CQF

· 3+ years of experience in Market Risk/Counterparty Credit Risk/Traded Risk Controls

· Excellent communication and interpersonal skills

· Ability to work effectively with cross-functional teams

· Proven ability to thrive in a dynamic and fast-paced environment

· Proven track record of successful involvement with change management programs and excellent communication skills

· Creative approach to problem solving and ability to navigate in complex matrix environment with focus and execution

If you possess the required skills and experience, and you are ready to contribute to our team's success, we encourage you to apply. This is an exciting opportunity to be part of a forward-thinking organization in the financial industry.

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer

Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities.

EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people—enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.

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

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