FSO- Risk Consulting - Financial Services Risk Management (FSRM), Senior Associate/Associate

EY; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Ernst & Young Advisory Services Sdn Bhd in Malaysia is seeking a Financial Services Risk Management (FSRM) Consultant to deliver integrated risk management services for capital market participants across banking, capital markets, asset management and insurance.

You will work within a team, contribute to engagements, support senior members, and help in proposals and client interactions, while upholding EY quality and risk guidelines in a fast-paced environment.

Qualifications

• Strong educational background from a top institution in quantitative/finance/economics/actuarial
• Minimum 2 years of relevant experience in risk management areas such as Basel 2/3, credit, market, operational risk
• Experience with analytical and risk management tools/systems (e.g. SAS, Murex, VBA, MATLAB)

Responsibilities

• Contribute to FS Risk Management engagements as part of a project team
• Support engagement senior team members, maintain communication and assist in proposals
• Communicate with junior team members, help develop them to high performance

Skills

Analytical skills

Problem solving

Communication skills

Team leadership

Work under pressure

Education

Bachelor's degree in finance/economics/actuarial

Tools

SAS

Murex

VBA

MATLAB

Job description

Other locations: Primary Location Only

Date: 12 Sept 2026

Requisition ID: 1637088

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.

Join EY and help to build a better working world.

The opportunity

As part of the Financial Services Risk Management (FSRM) practice and you will provide a well-integrated broad array of risk management services to capital market participants within global banking, capital markets, asset management and insurance. FSRM products and services include Anti-Money Laundering, Regulatory Compliance, Prudential Supervision, Bank Holding Company reporting, Credit Risk/ Capital Adequacy/ Liquidity Risk, Market Risk, Operational Risk, Enterprise Risk, Structured Finance and Quantitative Advisory Services.

Your key responsibilities

As a FSRM Consultant, you'll technically contribute to FS Risk Management engagements. You will work effectively as a team member sharing the responsibility, providing support, maintaining communication, and updating engagement senior team members on progress. You’ll also contributing in building valuable relationships with external clients and maintain close working relationship with internal peers. In addition, you'll contribute to presentations and provide support to the development of proposals.

You'll serve as a role model to junior team members for quality & risk management and ensure that junior team members are aware and understand and comply with Ernst & Young's Quality & Risk Management guidelines. You’ll also communicate effectively with junior team members and help cultivating them to becoming a high performer.

Skills and attributes for success

• Strong analytical and problem-solving skills
• Strong drive to excel professionally, and to guide and motivate others
• Advanced written and verbal communication skills
• Dedicated, innovative, resourceful, analytical and able to work under pressure
• Foster an efficient, innovative and team-oriented work environment

To qualify for the role you must have

• Strong educational background from a top institution, quantitative/ finance/ economics/ actuarial programme
• We are looking for Consultants across level (Senior Associates, Managers & Senior Managers) for our FSRM practice. We would require a minimum 2 years of relevant experience in any of the following areas:
• Basel 2 / 3 or Solvency 2
• Credit Risk, Market Risk, Operational Risk, Liquidity Risk and Interest Rate Risk Management
• Quantitative modeling: credit risk rating models, Value at Risk, economic capital models, stress testing, RAROC, hedging
• Credit life cycle understanding, and experience in credit rating & analysis and approvals process
• Risk policies and procedures in credit, market, operational risks
• Treasury management, e.g. ALM, transfer pricing and hedging
• Experience in working in a project-based, team-oriented environment, ideally consulting, with a proven track record of delivering in fast-paced and demanding environments
• Experience in analytical and risk management tools/systems (e.g. SAS, Murex, VBA, MATLAB)
• Demonstrate strong planning, execution and reporting skills
• Analytical skills; specifically, the ability to assess and decompose financial services industry processes utilizing a risk and control focus

Ideally, you’ll also have

• Professional certifications in FRM, CFA

What we look for

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player equipped with strong people management skills and a genuine passion to make things happen in a dynamic organization. If you’re ready to take on a wide range of responsibilities, and are committed to seeking out new ways to make a difference, this role is for you.

What we offer you

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

To help create the best experience during the recruitment process, please describe any disability-related adjustments or accommodations you may need.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.