Senior Consultant or Manager - Financial Risk (Banking)

About the role

EY is hiring a Senior Consultant or Manager in Financial Risk (Banking) to advise clients in financial services on the management and measurement of financial and treasury risks, including market, credit, liquidity, operational and climate risk. Engagements centre on risk strategy, transformation, regulatory requirements and the development, validation and use of models. The role is hybrid, based in Warringah (Sydney) or Naarm (Melbourne).

Key responsibilities

• Provide financial risk consulting to clients mainly in the financial services sector.
• Manage projects and deliver strategic advice on risk, performance and growth.
• Develop and implement financial risk models and methodologies tailored to client needs.
• Conduct risk assessments and advise on risk management and regulatory compliance.
• Mentor and develop junior team members.
• Analyse and interpret data to support decision-making.

Required profile

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Engineering or a related field.
• Completed or progressing towards a professional actuarial qualification (e.g. FIAA or CFA), with 3 to 7 years of professional experience in a related role.
• In-depth knowledge of the banking sector; experience in credit risk modelling, market risk, capital and stress testing, risk management, controls and prudential standards is advantageous.

Required skills

• Strong quantitative and analytical abilities, with coding, programming and AI/GenAI experience highly valued.
• Proficiency with financial risk modelling software and programming languages such as SAS, R and Python.
• Excellent communication skills and the ability to explain complex information to non-specialists.

What we offer

• Career development with future-focused skills.
• Flexible work arrangements.
• A benefits package including a yearly wellness incentive, an extra 8 weeks of flex leave per year and family-friendly policies such as up to 26 weeks of gender-neutral paid parental leave.
• Competitive salary open to negotiation depending on skills and experience.