EY - Senior Consultant - Financial Services Risk Management

EY - Senior Consultant

- EY's Financial Services Risk Management advisory resources bring you a combination of qualitative, quantitative, regulatory and technology skills.

- The practice assists financial institutions by driving efficiency, effectiveness, and balanced risk coverage across the organization's governance, risk, and compliance activities and supports the full risk agenda of associated buyers.

- Our team of industry practitioners, many of whom are former regulators and quantitative analysts, provides the clients with professional integrated risk measurement and risk management services in local and global regulatory environments while also considering the impacts of digital transformation in the areas of risk and regulation.

- The precise duties of the personnel will be agreed upon between the client manager and each personnel. Under the client management and direction, Liquidity Risk Analytics and Reporting (LRAR), within A&R is responsible for reviewing, publishing, interpreting, and communicating the firm's independent and authoritative risk measures, which include:

- Reporting regulatory metrics such as 5G, LCR, NSFR, EBA ALMM, PRA 110 and so on at a daily or regulator prescribed frequency

- Reporting GS internal stress risk metrics such as Modelled Liquidity Outflow (MLO), Long term stress test (LTST), RLAP, RLEN

- Regular documentation of assumptions and limitations associated with the regulatory and internal stress metrics

- Liaising with groups such as Modelers/Strats, Technologists, Trading & Investing businesses, Operations & Controllers to understand & explain observations in Risk data.

- Daily risk monitoring and managing processes that quantify, review, explain & convey insight for risk for a large, diverse set of financial products or activities covering the whole firm. Either on an activity by activity basis or in aggregate.

- This involves utilizing tools & signals to assist understanding risk metrics, at varying levels of aggregation across the firm, in order to discover insight while ensuring liquidity metrics continue to operate in line with intent

- Providing quantitative and qualitative risk analysis, including the use of risk modeling tools to help estimate the financial risk of the firm's transactions

- Testing, developing & integrating new/updated workflows and documentation for the BAU processes