DE-Technical Market Risk Analyst-GDSN02

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

Career Family - Technical Analyst The opportunity We are the only professional services organization who has a separate business dedicated exclusively to the financial services marketplace. Join Risk and Compliance Engineering Team and you will work with multi-disciplinary teams from around the world to deliver a global perspective. Aligned to key industry groups including Risk Management, Asset management, Banking and Capital Markets, Insurance and Private Equity we provide integrated advisory, assurance, tax, and transaction services. Through diverse experiences, world-class learning and individually tailored coaching you will experience ongoing professional development. That’s how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well, this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. We're looking for a Market Risk Technical Analyst at EY GDS. You will work on analysing, designing, and implementing market risk solutions for leading financial institutions using modern analytics platforms and risk management systems. You will collaborate with cross-functional teams including risk managers, quants, and technology teams to gather requirements, build user stories, and deliver data-driven risk solutions that meet regulatory requirements and business needs while leveraging best practices in Agile methodologies and risk analytics. This is a fantastic opportunity to be part of a leading firm whilst being instrumental in the growth of a new service offering. We are the only professional services organization who has a separate business dedicated exclusively to the financial and non-financial services marketplace. Join Digital Engineering team and you will work with multi-disciplinary teams from around the world to deliver a global perspective. EY Risk and Compliance Engineering 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. The Risk and Compliance Engineering (RCE) practice works with clients to analyse, formulate, design, mobilize and drive digital transformation initiatives. We advise clients on their most pressing digital challenges and opportunities surround business strategy, customer, growth, profit optimization, innovation, technology strategy, and digital transformation. We also have a unique ability to help our clients translate strategy into actionable technical design, and transformation planning/mobilization. Through our unique combination of competencies and solutions, EY’s RCE team helps our clients sustain competitive advantage and profitability by developing strategies to stay ahead of the rapid pace of change and disruption and supporting the execution of complex transformations.

Your Key Responsibilities

• Market Risk Framework Implementation: Design, develop, and implement market risk frameworks including VaR (Value at Risk), CVA (Credit Valuation Adjustment), PFE (Potential Future Exposure), ES (Expected Shortfall), stress testing, and scenario analysis for financial institutions.
• Agile Business Analysis: Lead requirements gathering and documentation in Agile environments; create and manage user stories, epics, acceptance criteria, and product backlogs for market risk initiatives.
• Risk Data Analysis: Leverage SQL to extract, transform, and analyze complex market risk datasets across asset classes (equities, fixed income, FX, commodities, derivatives).
• Analytics & Reporting: Design and develop BI dashboards and analytics solutions for market risk metrics, counterparty credit risk (CVA, PFE), risk limit monitoring, and regulatory reporting using tools like Tableau, Power BI, or similar platforms.
• Python Automation: Utilize Python for data analysis, report automation, and supporting risk calculation processes.
• Risk Reporting Solutions: Develop and maintain risk reporting workflows for market risk metrics, P&L attribution, CVA sensitivities, and XVA components.
• Stakeholder Collaboration: Collaborate with risk managers, traders, quantitative analysts, IT teams, and business stakeholders to translate risk requirements into technical solutions through Agile ceremonies (sprint planning, backlog refinement, demos).
• Regulatory Compliance: Ensure market risk solutions comply with regulatory standards including Basel III/IV, FRTB (Fundamental Review of the Trading Book), SA-CCR, and Dodd-Frank requirements.

Skills And Attributes For Success Required Skills:

• Strong experience of 4-8 years working directly with clients in a consulting or advisory capacity, managing client relationships and delivering solutions.
• Market Risk Expertise: Strong hands-on understanding of market risk and counterparty credit risk processes: + CVA (Credit Valuation Adjustment) and XVA components (DVA, FVA) + VaR (Value at Risk) methodologies (Historical, Parametric, Monte Carlo) + PFE (Potential Future Exposure) and EPE calculations + ES (Expected Shortfall) / CVaR + Stress testing and scenario analysis
• SQL Proficiency: Strong hands-on experience with SQL for data extraction, transformation, aggregation, and analysis of large-scale risk datasets.
• Agile Business Analysis: Proven experience as a Business Analyst in Agile environments writing clear user stories and epics, defining acceptance criteria and managing product backlogs, facilitating requirements workshops and backlog refinement sessions, working in sprints with cross-functional teams
• Python Skills: Working knowledge of Python for data analysis, scripting, and automation (libraries such as Pandas, NumPy).
• Analytics & BI Tools: Experience with analytics and Business Intelligence platforms such as Tableau, Power BI, Qlik, or similar tools for risk reporting and visualization.
• Financial Products Knowledge: Strong knowledge of financial instruments and their risk characteristics (derivatives, bonds, equities, FX, interest rate products).
• Regulatory Knowledge: Understanding of regulatory frameworks such as Basel III/IV, FRTB, SA-CCR, and BCBS 239.
• Communication Skills: Excellent stakeholder management and communication skills with ability to explain complex risk concepts to technical and non-technical audiences.

Preferred Experience:

• Risk Systems: Experience with market risk platforms (e.g., Murex, Calypso, Summit, RiskMetrics) or risk analytics tools.
• Cloud & Modern Platforms: Familiarity with cloud-based data platforms (AWS, Azure, GCP) or modern analytics platforms (Databricks, Snowflake).
• Data Modeling: Understanding of data warehousing concepts, and risk data architecture.
• Certifications: Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), CFA, or Agile certifications (CSPO, PMI-ACP).
• Advanced Analytics: Experience with advanced risk analytics, model validation, or quantitative finance.
• JIRA/Confluence: Proficiency with Agile tools like JIRA, Confluence, or Azure DevOps.

Education

• Degree: Bachelor's or master’s degree in finance, Mathematics, Economics, Engineering, Computer Science, or a related quantitative field, or equivalent practical experience.

What We Offer EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

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.