Banking & Capital Markets, Senior Consultant, Risk Technology Consulting FS

EY; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Consultant in Risk Technology Consulting to drive technology transformations in investment banking. This role demands a strong focus on data and technology, aiming to improve compliance with critical regulations while fostering innovation in risk management. You will engage with global clients and collaborate with diverse teams to deliver impactful solutions. The position offers competitive remuneration and flexible working arrangements, along with opportunities for career development in a supportive environment. If you are passionate about technology and its role in shaping the future of finance, this is the perfect opportunity for you.

Benefits

Competitive Remuneration

Flexible Working

Career Development

Health Insurance

Savings and Discounts

Qualifications

• Strong data and technology focus for strategic solutions.
• Experience with Risk Transformation and compliance regulations.

Responsibilities

• Engagement delivery with techno-functional analysis and solution design.
• Business development and building trusted advisor relationships.

Skills

Stakeholder Management

Critical Thinking

Client Relationship Building

Risk Transformation Knowledge

Financial Risk Processes

Agile Methodologies

Software Engineering

Programming (SQL, Python, Java, Scala)

Education

University Degree (2:1 or above)

Tools

JIRA

Pivotal

Confluence

Pega

Azure

AWS

GCP

Job description

Banking & Capital Markets, Senior Consultant, Risk Technology Consulting FS

Join to apply for the Banking & Capital Markets, Senior Consultant, Risk Technology Consulting FS role at EY.

Our UK Capital Markets technology and data capability helps investment banking clients deliver complex business and regulatory transformations enabled by technology.

The opportunity

EY has a market-leading Risk practice requiring a strong data and technology focus to deliver strategic, future-proof solutions with a focus on control and efficiency. This role offers support in articulating technology and data strategies, implementing transformations, harnessing data, identifying business-enabling technology tools, and streamlining technology estates.

You will work on business-critical engagements, including helping investment banks improve compliance with regulations such as Basel 3, FRTB, BCBS 239, and preparing for upcoming regulations on Liquidity, Interest Rate Risk, and deploying AI responsibly. Future prudential regulation will increasingly include Climate Risk, and EY is recognized as a leader in ESG and sustainability consulting. We also assist banks in becoming more profitable by developing new revenue streams or reducing costs.

While primarily serving the UK market, our clients are global, and we collaborate extensively with teams across EMEIA, the US, and APAC.

Our approach to transformation

• Deliver and oversee large-scale technology change, from inception to operational readiness, primarily using agile methodologies.
• Bring technology assets to clients, including proprietary EY tools and vendor solutions, to accelerate transformation.
• Deploy on-shore, near-shore, and off-shore teams, collaborating with major alliance partners like Microsoft, IBM, Snowflake, Moody’s, ServiceNow, and Pega, as well as FinTech firms.
• Stay current with emerging technologies, investing in Cloud, Digital, Automation, and AI talent, and deploying technology to solve real business problems.
• Integrate considerations of sustainability and climate risk into our solutions, advising clients on the role of data and technology in ESG initiatives.

Role overview

We are seeking Risk Technology Senior Consultants to join our team due to high demand and growth. Engage your mind and develop experiences that last a lifetime.

Your key responsibilities

• Engagement delivery: roles include techno-functional analysis, solution and data architecture, solution design, and end-to-end implementation management.
• Solution development: research, prototype design, software engineering, and testing.
• Business development: building long-term trusted advisor relationships, supporting proposals, and contributing to thought leadership.

Skills required

Commercial and interpersonal skills

• Managing multiple stakeholders, identifying opportunities, and leading proposals.
• Collaborating across teams, including offshore, and working under pressure.
• Building strong client relationships and understanding complex problems with critical thinking.
• Demonstrating commitment to diversity and inclusiveness.

Investment banking knowledge

• Understanding of Risk Transformation, Financial and Non-Financial Risk processes.
• Knowledge of regulations like Basel 3, Basel IV, CRR II / CRD V, FRTB.
• Interest in digitization of risk technology and the broader capital markets ecosystem.

Technical skills

• Experience with large-scale program delivery methodologies (Agile, DevOps, Waterfall).
• Proficiency with tools like JIRA, Pivotal, Confluence, and programming languages such as SQL, Python, Java, Scala.
• Knowledge of solution and data architecture, AI, data lineage, and integration architecture.
• Experience with testing automation, process automation platforms like Pega, and cloud technologies (Azure, AWS, GCP).
• Understanding of information security, privacy challenges, and emerging technologies.

Academic and experience requirements

• University degree, 2:1 or above, or equivalent; exceptional candidates with alternative backgrounds are considered.

What EY offers

Competitive remuneration, flexible working, career development, and benefits via FlexEY, including holidays, health, insurance, savings, and discounts. We also provide support, coaching, and opportunities to develop skills and progress your career, with flexibility to manage your role.

About EY

As a global assurance, tax, transaction, and advisory provider, EY is committed to building a better working world, offering training, opportunities, and creative freedom to make a difference. The EY experience lasts a lifetime.

Application note

If you meet the criteria, contact us promptly. We value diversity and inclusiveness and collect data confidentially to improve our recruitment process.