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. We also support our clients in deploying AI responsibly, and EY is recognized as a leader in ESG and sustainability consulting.
We help banks become more profitable, either by developing new revenue streams or reducing costs. While mainly serving the UK market, our clients are global, and we collaborate extensively with our capital markets teams in EMEIA, the US, and APAC.
Our approach to transformation involves:
- Delivering and overseeing large-scale technology change from inception to operational readiness, using agile methodologies as preferred but adaptable to client needs.
- Bringing technology assets, including proprietary EY tools and vendor solutions, to accelerate transformation.
- Deploying on-shore, near-shore, and off-shore teams, working with alliance partners like Microsoft, IBM, Snowflake, Moody's, ServiceNow, and Pega, as well as FinTech firms.
- Staying at the forefront of emerging technology, with recent investments in Cloud, Digital, Intelligent Automation, and AI, combining tech expertise with deep business and regulatory knowledge.
- Considering the role of technology in sustainability and helping clients in the low-carbon transition.
Your key responsibilities
Roles vary but include:
- Engagement delivery: techno-functional analysis, solution and data architecture, data analysis, solution design, and implementation management, with significant people leadership and client interaction.
- Risk Technology Solution development: research, prototype design, working with partners, software engineering, and testing.
- Business development: building trusted advisor relationships, working on proposals, and supporting thought leadership.
Skills required include:
Commercial and interpersonal skills- Managing stakeholder communities and securing new business.
- Leading teams and accountability for delivery.
- Collaborating across teams and internationally, with offshore experience being a plus.
- Working under pressure with drive and commitment.
- Engaging clients and building relationships.
- Critical thinking and problem-solving.
- Understanding EY's solutions and market positioning.
- Commitment to diversity and inclusion.
Investment banking skills- Knowledge of prudential and non-financial risks, Basel frameworks, and risk processes like VAR, stress testing, and ICAAP.
- Understanding of the risk technology landscape and capital markets ecosystem.
- Interest in digitization and risk technology evolution.
- Financial risk management skills and data systems knowledge, including climate risk.
- Views on industry evolution and technology's future role.
Technical skills- Experience with large-scale delivery, agile, DevOps, waterfall, and tools like JIRA, Pivotal, Confluence.
- Engineering skills: SQL, Python, Java, Scala, XML/FpML, Power BI.
- Solution and data architecture, AI, integration, testing, automation, cloud technologies, security, and emerging tech awareness.
- Experience with vendor packages and AI/ML.
Academic and prior experience- Typically a 2:1 degree or higher, but outstanding candidates with alternative paths are considered.