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

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 Traded Products Risk and Capital. 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 legislative and regulatory requirements such as Basel III, Fundamental Review of the Trading Book (FRTB), LIBOR transition, Uncleared Margin and Comprehensive Capital Adequacy and Review (CCAR). Manage and motivate teams of professionals with diverse skills and backgrounds. Consistently monitor progress and deliver quality client services. Demonstrate in-depth technical capabilities and professional knowledge. Maintain long-term client relationships and networks. Possess strong written and verbal communication skills. Cultivate business development opportunities.

To qualify for the role 
 

Must have a bachelor’s degree in Finance, Accounting, Business, Management, Engineering or a related field and 5 years of progressive, post-baccalaureate work experience in the Financial Services industry.

Alternatively, must have a Master’s degree in Finance, Accounting, Business, Management, Engineering or a related field and 4 years of work experience in the Financial Services industry.

Must have 4 years of experience at a financial institution, a consulting firm, or a combination of both, all of which must be focused on at least one or a combination of the following:

• Capital markets
• Risk management
• Quantitative analytics
• Front office sales and trading
• Front office risk management
• Market risk
• Counterparty credit risk

Must have 4 years of experience in at least one or a combination of the following from front office or risk management related functions:

• Risk governance, risk appetite, risk identification, risk monitoring, risk measurements (limits, greeks) and risk reporting;
• Capital management and associated regulatory requirements with Basel III and FRTB, including market risk, counterparty credit risk, credit valuation adjustment (CVA) or stress testing;
• Derivatives product knowledge across asset classes including interest rates, credit, equity, commodity, and FX.

Must have 1 year of experience leading a team of professionals on financial services implementation projects within at least one of the following key US and global regulatory issues: Basel III market, counterparty credit, or CVA risk, Fundamental Review of the Trading Book (FRTB), SIMM or CCAR.

Must have 2 years of experience communicating with and presenting before senior level client employees.

Requires domestic and regional travel up to 60% to serve client needs.

    Employer will accept any suitable combination of education, training or experience.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.