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Risk Consultant - Quantitative Modelling

EY

EY

Nicosia, Cyprus
Posted on Dec 19, 2025

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

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 we offer you

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more.

In addition to a competitive salary, our benefits include but are not limited to:

  • 13th salary
  • 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)

Are you ready to shape your future with confidence? Apply today.

To help create the best experience during the recruitment process, please describe any disability-related adjustments or accommodations you may need.

About EY

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.