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Risk Consulting – Financial Services Risk Management - FSRM – Liquidity and Treasury Services – Senior

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 consulting 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 Consulting include market, credit, liquidity and operational risk management, regulatory consulting, quantitative consulting, structured finance transaction, actuarial consulting, treasury consulting, technology enablement, risk and security, program consulting, and process & controls.

Within EY’s Business Consulting 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), liquidity, operational, and regulatory risks associated with their trading, asset-liability management, capital management and other capital markets activities.

Clients include large domestic and global financial institutions, broker-dealers, foreign banking organizations, asset management firms with significant capital markets activities. Project teams frequently work with the senior management of these firms, including CFOs and CROs.

Key Responsibilities

• Demonstrate deep technical capabilities and industry knowledge of financial products
• Perform gap assessments, impact analysis and business readiness assessments for regulatory change management
• Deliver high quality work products as per client expectations
• 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

Qualifications, Certifications and Education

Key skillsets:

• Master’s degree in business administration (finance, economics) with at least 5 years of relevant work experience
• Experience in liquidity regulatory reporting in Banks (FR 2052a, LCR, NSFR, PRA reporting)
• Experience in gap analysis on Liquidity compliance of LCR and NSFR regulatory text
• Understanding of Bank’s Balance Sheet and various products like loans, commitments, deposits, derivatives, etc.
• Understanding of cash flows and methods to project the cash flows (principal repayments and interest payments in futures)
• Basic understanding of regulatory stress testing scenarios including Recovery and Resolution Planning framework and resolution liquidity metrics such as RLEN.
• Policy and procedures documentation
• Ability to perform data analysis for cross report amount reconciliation
• Strong problem solving and solution development skills
• Excellent communication skills with ability to liaise with business and technical teams of all levels including senior management
• Automation/innovation mindset

Good-to-have:

• Certifications such as FRM, CFA
• Risk management system knowledge/experience
• Experience in working in Treasury & ALM department in Banks
• QRM or equivalent solution working and modelling knowledge
• Internal Liquidity Stress Testing (ILST) reporting and process understanding
• Understanding of IRRBB regulations (Economic Value of Equity (EVE), Net Interest Income (NII), Daily Gap, Non-Traded Market Risk (NTMR), etc
• Understanding of CSRBB (Credit Spread Risk in the Banking Book) methodologies
• Willingness to travel to meet client needs

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