EY – Interest Rate Risk Banking

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don’t just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we’ll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity:

IRRBB – Business Consulting Risk – FSRM – Gurgaon

Our FSRM team is a fast-moving, high-growth area with huge potential. It offers variety, challenge, responsibility and the opportunity to realize your leadership potential.

Our Financial Services Risk Management (FSRM) practice focuses on risk management, regulatory, quantitative, and technology backgrounds. The breadth of experiences of FSRM professionals enables the practice to coordinate the delivery of a broad array of risk management services to capital market participants throughout the world in a well-integrated manner.

We are looking for IRRBB Professionals to work within a dynamic team under FSRM service line focusing on regulatory requirements, Compliance, Internal Audit, and External Audit.

Your key responsibilities:

The candidate will primarily be working on Capital and Liquidity risk engagements. The key responsibilities would involve:

– Support IRRBB for all Reporting and Insight related activities by providing in-depth analysis of IRRBB metrics – NII sensitivity, EVE, Gap Risk and Basis Risk

– Provide support to improve the measurement and management of all material IRRBB risks and propose IRRBB risk appetite

– Combine strong subject matter expertise in IRRBB topics, to ensure the provision of timely and accurate management information for regulatory reporting as well as for meeting business objectives

– Work on unstructured requests and perform ad-hoc analysis to answer management queries

– Define procedures and guidance for managing the IRRBB reporting tools

– Challenge the first line control and risk owners to ensure that risk management activities are working effectively

– Monitor compliance of the minimum requirements applicable to the management of Treasury risk department

– Report on the risk and control profile, including impacts of external environment changes, emerging risks and changes to the business

– Support activities to improve the measurement and management of all material IRRBB risks, calibrating IRRBB risk appetite

– Support definition of the Risk and Control Library, including minimum control standards, with input from Risk Owners, and Control Owners, specifying key risks and key controls and providing guidance on continuous monitoring expectations

To qualify for the role you must have:

– 2 – 10 years of work experience in a Big4 / Financial services firm in area of internal audit, assurance or treasury management

– CA / MBA in Finance or Masters in similar and relevant field.

– FRM/CQF/CFA certification would be a plus

– Good working knowledge of IRRBB requirements and regulations

– Good understanding of the key risk drivers and measures of IRRBB

– Good understanding of assurance techniques obtained in a big 4 accounting firm or internal audit department of a financial institution

– Experience in gathering and writing business requirements and understand change management programs.

– Excellent communication skills with experience in interacting with individuals at all levels of an organization

– Ability to navigate in complex matrix environment with focus and execution

Skills and attributes:

In addition to technical competence, what will set you up for success at EY is your ability to:

– Strong communication, documentation, facilitation, relationship-building, presentation and negotiation skills

– Ability to build relationships by communicating, influencing and negotiating effectively with Stakeholders

– Strong interpersonal skills, coupled with the ability to succeed within a matrix management structure and build and maintain relationships globally.

– Be highly flexible, adaptable, and creative

– Broad consulting and project management skills, effective written and oral communication skills

– Pursue passions beyond work and invest in your wellbeing

What we look for:

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer:

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people – enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. Apply now.

https://www.iimjobs.com/j/ey-professional-interest-rate-risk-banking-book-2-12-yrs-1299448.html?ref=rl

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