EY's Financial Services Office (“FSO”) 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. FSO practice provides integrated advisory services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers (traditional and alternative), insurance and energy trading companies, and the Corporate Treasury functions of leading Fortune 500 Companies. The service offerings provided by the FSO Advisory include: market, credit and operational risk management, regulatory advisory, quantitative advisory, structured finance transaction, actuarial advisory, technology enablement, risk and security, program advisory, and process & controls.
Within EY's FSO Advisory Practice, the Financial Services Risk Management (“FSRM”) group provides solutions that help FSO clients to identify, measure, manage and monitor the market, credit, operational, and regulatory risks associated with their trading, asset-liability management, capital management and other capital markets activities.
Your key responsibilities
- Develop, implement, validate and maintain asset and liability management (ALM) models for different segments of banks portfolios
- Develop and implement Funds Transfer Pricing (FTP) framework and risk models to help address interest rate risk and funding gaps
- Develop ALM policies and procedure manuals for management of key balance sheet risks
- Analyze key balance sheet metrics to identify drivers, trends and risk to structure recommendation on positioning and optimization strategies
- Communicate the methodology and results of the FTP framework to the Risk Committee, business line leaders, and other related stakeholders
- Work closely with relevant stakeholders to source and price funding for their products
- Lead a team to develop new approaches and ideas to fit client needs, by utilizing various quantitative and qualitative analysis, assessments and techniques
Requirements
To qualify for the role, you must have
- Master or Bachelor degree holder with major Economics, Finance, Math, Accounting or similar quantitative major. A professional certification (e.g. FRM / CFA) will be a bonus
- 2 years+ experience within a consulting firm, a bank or other financial institution’s risk management, ALM related business functions
- Knowledge of asset and liability tools, techniques and business practices
- Ability to manage, measure, and monitor risks associated with assets and liabilities
- Strong quantitative skills, comfortable building models, managing large amounts of data, and analyzing the output to identify trends or present solutions
- Proficient in Microsoft Excel, PowerPoint and Word
- Excellent communication and presentation skills, good command of written and spoken Chinese and English
- Ability to work collaboratively with team members and to work individually
- Ability to multi-task, prioritize workload and meet deadlines
Skills and attributes for success
- Knowledge and practical experience with data analytics, statistical modelling and financial risk management methodologies
- Knowledge and practical experience with risk modelling and risk analysis, ALM/FTP modelling, liquidity risk modelling, stress testing, and BASEL/HKMA requirements
- Able to adapt quickly and manage an environment of rapid change and development, and manage others through this process
- Someone who thinks out-of-the-box while developing models, reports or data code to solve challenging problems
What working at EY offers
- Support, training, coaching and feedback from some of the most engaging colleagues around
- A variety of roles and client experiences, you will have the opportunity to work on a wide range of financial service risk management projects solving complex problems
- 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
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.