Senior Consultant Financial Risk Management

EY; Amsterdam; Hybrid; EUR 80,000 - 110,000; Full time

Benefits offered by this job

Competitive salary

Pension plan

Annual bonus

Hybrid work

Home office setup

29 vacation days

Mobility budget

Training programs

Wellbeing platform

Job summary

EY in Amsterdam is seeking a Senior Consultant to strengthen our Financial Risk Management team. You will apply quantitative techniques to model development, validation, risk governance, regulatory compliance, and AI-driven solutions for financial institutions.

You will work on diverse engagements across market, credit, and ESG topics, collaborating with colleagues in a high-tech, global environment. The role offers hybrid working and opportunities for professional growth.

Qualifications

• At least 3 years of experience in Financial Services, either in an institution; in an advisory or business consulting capacity.
• Master's degree in a quantitative field such as Econometrics, Mathematics, Statistics, Data Science, CS, Engineering, Physics, or related.
• Experience with data analytics, AI/ML techniques, and applying these capabilities within the financial services sector.
• Experience in topics like Credit Risk (IRB, IFRS 9), Market Risk (IRRBB, Liquidity, FRTB), Financial Crime modeling, AI/ML modeling, ESG, Derivative Pricing, and Financial Services Regulation.
• Hands-on experience in development, validation and/or implementation of Financial Risk, Pricing or AI models.
• Programming experience in Python, R, VBA, Java, C++, SQL, Matlab or .NET.
• Ability to drive business development and contribute to EY market solutions.
• Optional: CFA/FRM/CQF qualification.

Responsibilities

• Apply quantitative techniques within the financial risk management of financial institutions.
• Work on model development and validation, model implementation, risk governance, regulatory compliance, and AI-driven solutions.
• Build strong client relationships, contribute to business development activities, and help grow EY's practice.

Skills

Financial risk management

Quantitative analytics

Python

R

SQL

C++

Data science

Regulatory knowledge

Stakeholder management

AI/ML

Education

Master's degree in Econometrics/Mathematics/Statistics/Data Science/Computer Science/Engineering/Physics

Tools

Python

R

SQL

Matlab

Excel

VBA

Job description

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.

Confidence in your impact today | Freedom to build tomorrow

EY is currently seeking highly motivated individuals to join our Financial Risk Management team. You will use analytics and quantitative techniques to help our clients address Financial Services Risk Management issues facing the financial services sector, drive business efficiencies, and manage risks in their portfolios. Our team works on high-profile quantitative projects related to the development and validation of financial risk models used to manage market and credit risks, as well as advanced analytics.

Your new job | About your main responsibilities

As a Senior Consultant your will focus on applying quantitative techniques within the financial risk management of financial institutions. In addition to the traditional quantitative work in the credit and market risk areas, the Financial Risk Management team focuses on new topics such as (Gen)AI and integrating ESG into models. Our services include a broad spectrum of solutions, from developing a model to supporting clients in major risk management transformations.

Your new team | About your colleagues and the office

Our office in Amsterdam is located on the Zuidas: a bustling area where many companies are based. In our Cross Towers, as many as 1000 people are welcomed daily. For a breathtaking view of Amsterdam, head to the 22nd floor. Collaboration takes on a new meaning through the Wavespace. This high-tech environment brings together clients and colleagues virtually worldwide!

Your skills and strengths | About your unique contribution

As a Senior Consultant within the Financial Risk Management team, you will support leading financial institutions in solving complex risk management, regulatory and modelling challenges. You will work on a wide range of engagements, including model development and validation, model implementation, risk governance, regulatory compliance, and AI-driven solutions. At the same time, you will build strong client relationships, contribute to business development activities, and help drive the growth of our practice.

To qualify for the role, you have:

• At least 3 years of experience in Financial Services, either as part of an institution; in an advisory or business consulting capacity to such organizations or in the regulation of such institution.
• A strong academic background including at least a Master's degree in a quantitative study, e.g. Econometrics, Mathematics, Statistics, Data Science, Computer Science, Engineering, Physics, or a related field.
• Experience with data analytics, AI/ML techniques, and an interest in applying these capabilities within the financial services sector.
• Experience in one or more of the following topics: Credit Risk (IRB, IFRS 9), Market Risk (IRRBB, Liquidity, FRTB), Financial Crime modeling, AI/ML modeling, ESG, Derivative Pricing and Financial Services Regulation.
• Hands-on experience in development, validation and/or implementation of Financial Risk, Pricing or AI models.
• Programming experience in one or more languages such as Python, R, VBA, Java, C++, SQL, Matlab or .NET.
• The ability to drive business development and contribute to the growth of the EY market solutions.
• Optional: Professional Qualification e.g. CFA / FRM / CQF.

Your benefits | About your perks and work enjoyment

• A competitive salary that reflects your role and responsibilities, depending on experience and qualifications. Plus, a solid pension plan for the future. In addition to your salary, you'll receive holiday allowance and an annual bonus (based on performance and development).
• You’ll receive a contract for 32-40 hours.
• A laptop and phone for both work and personal use, and a monthly internet allowance.
• 29 vacation days to recharge and unwind, plus the option to buy extra days.
• With the mobility budget, you decide how you travel. Choose a lease car, a discounted public transport subscription, or arrange transport easily via our app.
• At EY, we care about a healthy work-life balance. Hybrid working makes this easier. Whether you're working from the office, at a client, or from home, we’ll make sure you have a well-equipped home office.
• The opportunity to work up to 20 days per year from abroad.
• The option to swap 3 national holidays for non-national ones.
• You’ll have the space to grow both personally and professionally. Whether you want to deepen your expertise, develop your personality, or improve your leadership style, we offer a broad range of trainings and courses.
• Your well-being is our priority. We believe that when you feel good, you perform better. That’s why you’ll have access to the OpenUp wellbeing platform (including for your family). You can easily connect with psychologists and lifestyle experts within 36 hours and take part in wellbeing sessions.
• A strong focus on teaming and various internal networks where you can join all kinds of social activities. A positive work atmosphere and good collaboration with colleagues contribute to your overall happiness at work.

All this within an environment where our core values of integrity, inclusiveness, and respect are central. We think it’s important that you can be yourself and fully develop into the best version of yourself. Curious about all our benefits?

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