At a Glance
- Tasks: Join us to deliver tech-driven solutions for investment banking clients and tackle complex regulatory challenges.
- Company: EY is a global leader in assurance, tax, transaction, and advisory services, committed to building a better working world.
- Benefits: Enjoy flexible working options, competitive pay, and a comprehensive rewards package tailored to your needs.
- Why this job: Be part of a market-leading Risk practice and work on impactful projects that shape the future of finance.
- Qualifications: We're looking for candidates with strong commercial skills, technical expertise, and relevant academic experience.
- Other info: This role offers opportunities for career growth and the chance to collaborate with global teams.
The predicted salary is between 43200 - 72000 £ per year.
Location: London
Other locations: Primary Location Only
Date: 10 Mar 2025
Requisition ID: 1556052
Our UK Capital Markets technology and data capability helps our investment banking clients to deliver complex business and regulatory transformation, enabled by technology.
The opportunity
EY has a market leading Risk practice which requires a strong data and technology focus to deliver strategic future proof solutions with a control and efficiency lens. This presents an opportunity for Technology Consulting to support our clients in helping them to articulate their technology and data strategy and implement their transformations by harnessing the power of their data, identifying business enabling technology tools and capabilities and streamlining their technology estates.
You will have the opportunity to work on business-critical engagements. In recent years we have helped investment banks improve their compliance with regulations such as the Basel 3 Regulatory Framework, FRTB and BCBS 239, and prepare for upcoming regulation around Liquidity and Interest Rate Risk and supporting our clients in leverage how to deploy AI in their businesses responsibly. As we look to the future prudential regulation will increasingly have a Climate Risk component, and EY have been recognised as leaders in ESG and sustainability consulting.
We also help banks to become more profitable, either by developing new revenue streams, or crucially, by reducing costs.
While we predominantly serve the UK market, our clients are global, and we collaborate extensively with our fellow capital markets teams in EMEIA, the US and APAC.
We come at transformation problems in the following ways with respect to technology:
- We are highly skilled at delivering and overseeing large scale technology change – from inception and requirements definition through to operational readiness. We prefer an agile methodology but are happy to work in whatever ways our client’s demand.
- We are increasingly bringing technology assets to clients to help accelerate transformation. Our technology assets include proprietary EY tools as well as best-of-breed vendor tools.
- We deploy team members from on-shore, near-shore and off-shore teams, and often work alongside our major alliance partners, such as Microsoft, IBM, Snowflake, Moody’s, Service Now and Pega to deploy solutions. Increasingly we collaborate with FinTech firms too.
- We are passionate about keeping pace with the latest emerging technology. We have recently invested in senior hires in Cloud, Digital, Intelligent Automation and AI. But we aren’t interested in technology for the sake of technology – we combine the tech mindset with EY’s deep business and regulatory knowledge in order to deploy technology intelligently to solve business problems.
- We are always mindful of the role we and our clients play in relation to long term sustainability and the drive to help financial services become a low carbon industry. We are already advising clients on sustainability and the enabling role that data and technology play.
We are looking for Risk Technology Senior Consultants to join our team due to high demand and expected growth.
Your key responsibilities
- Engagement delivery: roles vary from engagement to engagement, but are likely to include techno-functional analysis, solution and data architecture, solution design, and end to end implementation management.
- Solution development: contributing in a number of ways to the solutions that we bring to market to address the needs of our client. This could entail research, design of prototypes, software engineering and testing.
- Business development: we encourage the development of long-term trusted advisor relationships with our clients at an early stage in your career. You will also work on proposals and, from time to time, support thought leadership that we issue to the market.
There are three sets of skills required for successful candidates – commercial and interpersonal skills, investment banking knowledge and technology domain expertise. We recognise that Senior Consultants are unlikely to have had the opportunity to demonstrate all the skills listed below in their careers to date.
Commercial and interpersonal skills
- Ability to manage multiple stakeholder communities with varying levels of experience
Identifying opportunities for and securing new business, including leading proposals and bid teams - Ability to demonstrate strong collaboration across a wide spectrum of colleagues, including internationally. A proven track record of working with offshore teams would be a major benefit.
- High level of drive, commitment to achieving solutions and ability to work under pressure
- Ability to engage with our clients and build strong, collaborative relationships
- Intellectual strength / flexibility to rapidly understand complex problems, apply critical thinking, and rationalise these into workable solutions which can then be delivered
- Appreciation of EY’s solutions / go to market abilities and how these service client needs
- A demonstrable commitment to diversity and inclusiveness
- Strong understanding of Risk Transformation and Financial Risk and Non-Financial Risk business process
- Strong product knowledge, with the ability to face off to risk functions and front office in particular
- Knowledge of regulations – Basel 3 Framework, Basel IV, CRR II / CRD V and FRTB, would be valuable
- A demonstrable interest in the digitisation of investment banks, especially the Risk Technology landscape
- Understanding of the capital markets ecosystem (sell side, buy side, FMIs, service providers, vendors)
- Financial risk management skills and knowledge of systems and data to support the industry respond to UK and European regulation to manage climate risk
- A point of view on how the investment banking industry will continue to evolve and how the technology, innovation and FinTech landscape will shape the future
Technical skills
- Large scale programme delivery (Agile, DevOps, waterfall) – SCRUM qualifications would be beneficial
- Experience of using agile delivery tools such as JIRA, Pivotal, Collab, Confluence
- Experience of engineering based on the likes of SQL, SSIS, Python, Java, Scala, XML/FpML and Power BI
- Data architecture, data lineage including an understanding of AI
- Testing/quality engineering; experience of test automation will be beneficial
- Process Automation, BPM and Digital Platforms, e.g. Pega
- Cloud technology (knowledge of any or all of Azure, AWS and Google would be beneficial)
- Experience of handling information security and privacy challenges
- Interest and awareness in emerging technologies
- Experience of vendor packages. The following are of particular interest:
- An appreciation of Artificial Intelligence and Machine Learning
Academic and prior experience
- A university degree, 2:1 (or equivalent) or above is usually preferred, however we would be open to outstanding candidates who may have followed an alternative academic path.
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:
- Support, coaching and feedback from some of the most engaging colleagues around
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way that’s right for you
About EY
As a global provider of assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
Join us in building a better working world.
Apply now.
#J-18808-Ljbffr
Banking & Capital Markets, Senior Consultant, Risk Technology Consulting FS employer: Ernst & Young Advisory Services Sdn Bhd
Contact Detail:
Ernst & Young Advisory Services Sdn Bhd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Banking & Capital Markets, Senior Consultant, Risk Technology Consulting FS
✨Tip Number 1
Familiarize yourself with the latest regulations in the banking sector, especially Basel 3, FRTB, and BCBS 239. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Showcase your technical skills by discussing relevant projects or experiences where you implemented technology solutions in financial services. Highlighting your hands-on experience with data architecture or software engineering can set you apart from other candidates.
✨Tip Number 3
Network with professionals in the Risk Technology space, especially those who work at EY or similar firms. Engaging in conversations about industry trends and challenges can provide valuable insights and potentially lead to referrals.
✨Tip Number 4
Prepare to discuss how you can contribute to business development efforts. Think of ways you can build long-term relationships with clients and how your unique skills can help EY enhance its service offerings in the capital markets sector.
We think you need these skills to ace Banking & Capital Markets, Senior Consultant, Risk Technology Consulting FS
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and skills required for the Senior Consultant position in Risk Technology Consulting. Tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in technology consulting, risk management, and any relevant projects that demonstrate your ability to deliver complex business and regulatory transformations.
Showcase Technical Skills: Clearly outline your technical skills related to data architecture, solution design, and implementation management. Mention any specific technologies or methodologies you are proficient in that align with the role.
Craft a Compelling Cover Letter: Write a cover letter that not only summarizes your qualifications but also expresses your enthusiasm for the role and the company. Discuss how your background aligns with EY's focus on ESG and sustainability consulting.
How to prepare for a job interview at Ernst & Young Advisory Services Sdn Bhd
✨Understand the Regulatory Landscape
Familiarize yourself with key regulations such as Basel 3, FRTB, and BCBS 239. Be prepared to discuss how these regulations impact risk technology and how you can help clients navigate compliance challenges.
✨Showcase Your Technical Skills
Highlight your experience in data architecture, solution design, and implementation management. Be ready to provide examples of past projects where you successfully utilized technology to solve complex problems.
✨Demonstrate Business Development Acumen
Discuss your approach to building long-term relationships with clients. Share any experiences where you contributed to proposals or thought leadership, emphasizing your ability to understand client needs and deliver tailored solutions.
✨Emphasize Collaboration and Teamwork
EY values collaboration across global teams. Prepare to share examples of how you've worked effectively in diverse teams, particularly in high-pressure environments, to achieve common goals.