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Business Consulting QAS- Trading Book

Profile: Business Analyst

Description

EY’s Financial Services Office (FSO) is a unique, industry-focused business unit that provides a broad range of integrated services that leverage deep industry experience with strong functional capability and product knowledge. FSO practice provides integrated advisory services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers (traditional and alternative), insurance and energy trading companies, and the Corporate Treasury functions of leading Fortune 500 Companies. The service offerings provided by the FSO Advisory include: market, credit and operational risk management, regulatory advisory, quantitative advisory, structured finance transaction, actuarial advisory, technology enablement, risk and security, program advisory, and process & controls.

Within EY’s FSO Advisory Practice, the Financial Services Risk Management (FSRM) group provides solutions that can help FSO clients to identify, measure, manage and monitor the market (trading book), credit (banking book), operational, and regulatory risks associated with their trading, asset-liability management, capital management and other capital markets activities.

Within FSRM, the Market Risk (MR) team assists clients to design and implement strategic and functional changes across risk management, treasury, front office, middle office, and back office activities with a focus on risk and valuation processes, regulatory compliance, analytics, strategy, and organizational structure. Practical implementation knowledge of risk and capital management is a key competency of MR, focused on regulatory capital, market and counterparty credit risk management and broker-dealer capital requirements. Clients include large domestic and global financial institutions, broker-dealers, foreign banking organizations, asset management firms and insurance companies with significant capital markets activities. Project teams frequently work with the senior management of these firms, including CFOs and CROs

 Skills and attributes for success

Demonstrate deep technical capability and industry knowledge of financial products
Lead components of large-scale client engagements and/or smaller client engagements while consistently delivering quality client services
Understand market trends and demands in the financial services sector and issues faced by clients by staying abreast of current business and industry trends relevant to the client’s business
Monitor progress, manage risk, and effectively communicate with key stakeholders regarding status, issues and key priorities to achieve expected outcomes
Play an active role in mentoring junior consultants within the organization 

  To qualify for the role, you should have 

Bachelor’s degree in finance, economics, accounting, engineering or a related discipline and approximately 4-5 years of related/relevant work experience; or a Master’s degree in Finance, Accounting, Business, Management or a related field and at least 4+ years of work experience in the Financial Services industry
Relevant experience in the financial services industry with either a consulting firm, internal consulting organization, or within front office or market risk, counterparty risk, or related areas at leading financial services institutions in the following areas:

Capital markets functions
Quantitative analytics
Front office sales and trading
Front office risk management
Market risk management
Basel 2.5 capital requirements for Market risk
Counterparty credit risk
Margin and Collateral Management
CCAR and Stress Testing
IBOR Transition
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

Demonstrate derivatives product knowledge across asset classes including interest rates, credit, equity, commodity, and FX, including but not limited to pricing and valuation
Analyze and evaluate business systems and user needs. Document requirements define scope and objectives and formulate systems to parallel overall business strategies.
Hands on experience with JIRA, Confluence, MS Visio, MS Teams would be an advantage.
Excellent communication, strong problem solving and solution development skills

Good-to-have:

Certifications such as FRM, CQF, CFA, PRM
Pricing/Risk management system knowledge/experience – Calypso, SunGard Adaptiv, Murex, Numerix, Bloomberg, RiskMetrics, Spectrum, EQF, etc.
Willingness to travel to meet client needs

What working at EY offers

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, both pension and 401(k) plans, a minimum of 15 days of vacation plus ten observed holidays and three paid personal days, and a range of programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

A collaborative environment where everyone works together to create a better working world
Excellent training and development prospects, both through established programs and on-the-job training
An excellent team of senior colleagues, dedicated to managing and varying your workload

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.