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Risk Consultant

Location:  Nicosia
Other locations:  Anywhere in Country
Salary: Competitive
Date:  May 1, 2024

Job description

Requisition ID:  1490771

At EY Consulting Service Line, we support you in achieving your unique potential both personally and professionally. We give you stretching and rewarding experiences that keep you motivated, working in an atmosphere of integrity and teaming. And while we encourage you to take personal responsibility for your career, we support you in your professional development in every way we can.  


The opportunity


We are currently seeking highly motivated people to join our Risk Consulting practice, which is a leading provider of risk management services to the banking sector supporting clients across virtually all aspects of their risk management and regulatory compliance activities. You will be part of a team of highly skilled professionals participating in challenging projects for major financial institutions in Cyprus and abroad. Working in this creative environment, you will be given the opportunity to take responsibility and build valued relationships with external clients and internal peers. You will build the skillsets and growth mindsets to become the leader you want to be. There’s never been a more exciting time to join EY Consulting!


To qualify for the role, you must have


  • Excellent academic background, including a Bachelor and a Master’s degree in, Finance, Risk Management, Statistics, Mathematics, Econometrics, Engineering, Operational Research, or other related field.
  • Ph.D. and/or professional qualifications (e.g. PRM, CFA etc) will be considered an asset
  • Skills in quantitative methods in risk management with knowledge/familiarity of any programming language (SAS, MatLab, Python, R, SQL, etc.)
  • Strong analytical, problem solving and interpersonal skills
  • Ability to interact with teams at all hierarchical levels and work under tight deadlines
  • Strong attention to detail with a logical and methodical approach
  • Excellent business acumen
  • Willingness to learn and continuously expand technical and business skills
  • Strong communication, presentation and writing skills in Greek and English for both technical and business audiences


Knowledge and/or prior experience in the below topics is desired, depending on the candidate’s experience


  • Risk management practices across major risk types such as Credit Risk, Market Risk, Operational Risk, Interest Rate Risk and Liquidity Risk
  • IFRS9 standards and methodologies, Rating Systems, PD/LGD/EAD/CCF models
  • Sustainable finance, including the incorporation of ESG factors into key risk management policies, processes, methodologies, quantitative models and tools
  • Banking products and services and/or investment products and the key risks associated with these
  • Risk quantification methods for credit and/or market risk and/or knowledge of risk parameters modelling
  • Prudential risk requirements in the banking industry


What working at EY offers 


EY offers an attractive remuneration package for rewarding both personal and team performance. We are committed to be an inclusive employer and are happy to consider flexible working arrangements. In addition, but not limited to our benefits include: 


  • 13th salary and yearly bonus
  • Provident Fund
  • Private Medical and Life Insurance
  • Flexible working arrangements (hybrid work and flexible work schedule)
  • Friday afternoon off
  • EY Tech MBA and EY MSc in Business Analytics
  • EY Badges - digital learning certificates
  • Mobility programs (if interested to work abroad)
  • Paid Sick Leave
  • Paid Paternity Leave
  • Yearly wellbeing days off
  • Maternity, Wedding and New Baby Gifts
  • EY Employee Assistance Program (EAP) (counselling, legal and financial consultation services)



About EY  


EY | Building a better working world  


EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.   

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform, and operate.   

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.  




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


The exceptional EY experience. It’s yours to build. 


Apply Now. 


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