Negotiable
EY is looking for a
Market Risk Manager (Quant)
with strong analytical skills, traded risk expertise, and experience in derivative products to join the
Market Risk team
within the
Risk Consulting
business. This is a full-time, London (UK)-based role.The team works with clients in Financial Services facing regulatory and risk challenges in areas such as Market, Counterparty, Credit, and Climate Risk. This is a rapidly growing area, supported by increased industry focus. It''s a great time to join a high-profile team where you''ll be surrounded by knowledgeable colleagues and exciting project opportunities to learn and further develop your skillset and career.The Opportunity
As a Manager, you will lead client engagements or workstreams and participate in internal projects. On a day-to-day basis, you''ll deliver complex risk and regulatory transformation engagements—from strategy through to implementation. Depending on the role, you may have line management responsibilities and own specific client deliverables from inception to completion, in consultation with EY leadership.A key part of your role will be to actively establish, maintain, and strengthen internal and external client relationships. You will also support internal go-to-market proposition development on relevant risk solutions (e.g., FRTB, risk transformation, data and technology, CCR management), contribute to thought leadership, and support the sales process through proposal development and closure—providing a unique blend of skills to grow your career within the firm.As a Market Risk professional, you''ll work on a variety of complex and high-profile projects with some of the largest financial institutions globally, focusing on traded products and a wide stakeholder landscape across Front Office, Risk, Model Development and Validation, Model Governance, Finance, and Technology functions. Example topics include:Strategic business growth and regulatory remediation initiatives (PRA, ECB, OCC/Fed)Capital optimisation and financial resource managementFRTB and trading book wind-downModel governance, risk, and controls across the three lines of defenceFuture of risk, emerging digital assets, and sustainability agendaIn line with our commitment to quality, you''ll ensure work is of a high standard and reviewed appropriately. As an influential team member, you''ll help foster a positive learning culture and coach junior colleagues.Key Responsibilities
As a Manager, you can expect to be involved in the following activities:Participate in Risk and Assurance engagements with a Market and/or Counterparty Credit Risk focusWork effectively as a team member, sharing responsibility, providing support, maintaining communication, and updating senior team members on progressDraft presentations, reports, and other deliverables for senior stakeholdersConduct performance reviews and contribute to staff feedbackSupport recruitment and other people initiativesMaintain an educational program to continually develop personal skillsContribute to internal solution development, business development materials, and EY''s market growthParticipate in project planning and economics (e.g., budgeting, billing)Skills and Attributes for Success
Strong hands-on experience in mathematical modelling and risk management practices across derivativesConfident and credible communicator (written and verbal) with strong technical knowledge of traded products and commercial awarenessProject management and report writing skillsExperience in stakeholder and client management; well-organisedAbility to support business development and contribute to EY''s market solutions and thought leadershipTo Qualify for the Role, You Must Have
Strong academic background, including at least a 2:1 Bachelor\''s degreeSolid understanding of derivative pricing, market risk, and CVA methodologies, including greeks, market data, and capital calculationsKnowledge of statistical and numerical techniques used in traded risk methodologiesHands-on experience with programming languages (e.g., Python, C++, C#)Experience managing small teams and reviewing deliverablesStrong communication skills and commercial understandingOwnership of tasks, timely delivery, and project management experienceSoft skills: teamwork, collaboration, inclusiveness, flexibility, proactiveness, and motivationGood to Have
Experience with Risk Data and BCBS 239: Market Risk and Counterparty Credit Risk reporting (e.g., risk appetite, ICAAP, SREP, COREP), data lineage, data quality metrics, and controls designExperience with software development environments (e.g., VBA, Java, C++, SQL, R, Matlab, .NET) and project management tools (e.g., Tableau, MS Project)Understanding of risk and controls, risk appetite, frameworks and policies, target operating models, governance, traded risk measurement, internal model permissions, and regulatory interactionsWhat We Look For
We\''re interested in people with the right attitude—entrepreneurial individuals who thrive in a global team. You\''ll need a balance of technical and analytical skills, creativity, and strong communication. If you have bold ideas and the confidence to share them, this role is for you.What Working at EY Offers
We offer a competitive remuneration package, rewarding both individual and team performance. Our Total Rewards package includes flexible working, career development support, and benefits tailored to your needs—covering holidays, health and well-being, insurance, savings, and a wide range of discounts and promotions.We also offer:Continuous learning : Develop the mindset and skills to navigate what\''s nextSuccess as defined by you : Tools and flexibility to make a meaningful impactTransformative leadership : Insights, coaching, and confidence to leadDiverse and inclusive culture : Be embraced for who you are and empowered to help othersIf you meet the criteria above, we\''d love to hear from you.The exceptional EY experience. It\''s yours to build.
Apply now.Select how often (in days) to receive an alert:EY refers to the global organization, and may refer to one or more, of the member firms of Ernst and Young Global Limited, each of which is a separate legal entity. Ernst and Young Global Limited, a UK company limited by guarantee, does not provide services to ..... full job details .....
Negotiable