Financial Services Technology Consulting, Financial Risk Technology (FRT) Engineering - Senior
Ernst & Young Advisory Services Sdn Bhd
A complete application in a minute — tailored resume and cover letter, ready to send.
Job summary
EY is seeking a Senior Software Engineer for Financial Services Technology Consulting in New York. You will help design, develop and modernize risk platforms across Insurance Risk, Credit Risk and Capital Markets technology.
You will translate complex regulatory and actuarial requirements into robust technical solutions, deliver cloud-native services, and collaborate with onshore/offshore teams to ensure production readiness.
Qualifications
- Bachelor's or higher degree in computer science or related field.
- 5+ years of software engineering experience in risk, finance, insurance or analytics domains preferred.
- Strong knowledge of Java and concurrent programming.
Responsibilities
- Contribute to design, development and modernization of Insurance and Credit Risk platforms.
- Translate business, regulatory, actuarial and analytical requirements into technical designs.
- Develop front-to-back Capital Markets modernization across trading, risk, and settlements.
- Implement capabilities for VaR, stress testing, XVA, P&L attribution and counterparty risk.
- Build data pipelines and services for risk engines, data lakes and systems.
- Deliver high-quality software through design, testing, code reviews and documentation.
Skills
Education
Tools
Job description
Location: New York
Other locations: Anywhere in Region
Date: Sep 28, 2026
Requisition ID: 1746705
Location: New York, Charlotte, Atlanta
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:
Our Financial Services (“FSO”) teams help clients address complex transformation priorities across Banking, Insurance and Capital Markets. This opportunity combines Insurance Risk, Credit Risk and Capital Markets technology expertise with modern engineering to deliver high-impact enterprise transformation programs.
Financial institutions are modernizing risk, finance, and trading platforms to improve scalability, transparency, control and responsiveness. The role supports cloud-native risk platforms, analytical and model‑execution engines, regulatory and actuarial processing, and front‑to‑back modernization across front‑office, middle‑office and back‑office functions. Key capabilities include pricing and positions, pre‑trade and counterparty risk, Value at Risk (VaR), stress testing, sensitivities, XVA, clean P&L, hypothetical P&L, actual P&L, P&L attribution, settlement, reconciliation and regulatory reporting.
Your key responsibilities:
- Contribute to the design, development and modernization of Insurance and Credit Risk platforms.
- Translate business, regulatory, actuarial and analytical requirements into technical designs and implementation tasks.
- Develop components for front-to-back Capital Markets modernization across front‑office trading and pricing, middle‑office risk and controls, and back‑office settlement, accounting and reconciliation.
- Implement and enhance capabilities supporting VaR, stress testing, sensitivities, XVA, counterparty risk, clean P&L, hypothetical P&L, actual P&L and P&L attribution.
- Build components supporting Credit Risk Management, CECL / IFRS 9, CCAR stress testing, Expected Credit Loss, portfolio analytics, regulatory reporting, insurance modeling and reserving, and liquidity or balance‑sheet risk.
- Participate in solution reviews and recommend improvements for maintainability, performance and scalability.
- Develop cloud-native services supporting model execution, analytical workloads and risk calculations.
- Implement distributed processing, workflow orchestration and event‑driven integration patterns.
- Optimize application and data‑processing performance through profiling, testing and engineering improvements.
- Apply platform standards for resiliency, scalability, observability, security and supportability.
- Develop and maintain data models supporting Insurance and Credit Risk calculations.
- Build data pipelines and integration services across risk engines, data lakes and operational systems.
- Implement controls supporting lineage, governance, auditability, data quality and reconciliation.
- Deliver high-quality software through design, development, unit testing, code review and technical documentation.
- Collaborate effectively with onshore and offshore teams across architecture, development, data, testing and platform engineering.
- Participate in design reviews, sprint planning, estimation, defect resolution and production‑readiness activities.
- Share technical knowledge and provide guidance to junior engineers when appropriate.
- Strong software-engineering fundamentals with the ability to understand risk-domain requirements.
- Ability to solve technical problems, communicate design choices and work effectively in multidisciplinary teams.
- Commitment to engineering quality, automated testing, documentation and continuous improvement.
- Strong written and verbal communication skills.
- Insurance Risk Management
- Reserving and Capital Models
- Risk Aggregation and Reporting
- Reinsurance Processing
- Probability of Default (PD)
- Loss Given Default (LGD)
- Credit Stress Testing
Experience supporting one or more of the following:
- Liquidity Risk
- Asset and Liability Management (ALM)
- Front‑office trading, pricing, position management and pre‑trade risk platforms
- Middle‑office risk, controls, trade validation, valuation and P&L processes
- Back‑office confirmations, settlement, accounting, reconciliation and regulatory reporting
- Value at Risk (VaR), stress testing, sensitivities and market‑risk analytics
- XVA, including counterparty credit and funding valuation adjustments
- Clean P&L, hypothetical P&L, actual P&L and P&L attribution
- Front-to-back modernization and integration across trading, risk, finance and operations
- Java (advanced or expert proficiency)
- Scala and/or C++
- Spring Boot and REST APIs
- Object-oriented design and design patterns
- Multithreaded development
- High-performance computing
- DAG-based workflow engines
- Distributed architectures and grid computing
- Parallel and large-scale batch processing
- Event streaming and pub/sub architectures
- Apache Kafka, AWS MSK and/or Azure Event Hubs
- AWS: ECS, EKS, Lambda, S3, DynamoDB, EC2, AWS Batch and CloudFormation
- Risk data warehousing
What we offer you
At EY, we harness our collective strength to empower you to shape your future with confidence through professional growth, personal fulfillment and an inclusive culture. Learn more at ey.com/us/careers.
- We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job is:
- New York City, Boston, and Washington DC Metro Areas, Washington State, and Southern California offices – $122,900 to $204,900
- Bay Area California offices – $128,100 to $213,400
- All other offices locations in the US, including Sacramento – $102,500 to $187,900
- Individual salaries within these ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
- Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well‑being.
- Capital Markets products and front-to-back trade lifecycle knowledge
- Front-office trading systems, including pricing, positions and pre-trade risk
- Distributed computing and high-performance processing architectures
- Advanced Java development, including multithreading and concurrency
- Databricks and/or Snowflake data platforms
- Redis and/or GridGain-style distributed caching solutions
- Agentic AI and risk automation
- Retrieval-Augmented Generation (RAG) architectures
- 5+ years of software engineering experience, including 3+ years contributing to risk, finance, insurance or analytical technology solutions.
- Delivery experience in Insurance, Banking or Capital Markets.
- Working knowledge of Credit Risk, Insurance Risk or regulatory risk frameworks.
- Proficiency in Java and working knowledge of Python; exposure to Scala or C++ is beneficial.
- Experience with automated testing, CI/CD, source control and modern software-delivery practices.
- Undergraduate or graduate degree in computer science, engineering, mathematics, actuarial science, finance or a related field.
- Prior consulting experience is preferred.
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.
All in to shape the future with confidence.
EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information,national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.
EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at ssc.customersupport@ey.com .
Select how often (in days) to receive an alert:
EY refers to the global organization, and may
'/%3e%3cpath%20d='M101.744%2012.4726L102.894%2016.1947L99.0021%2013.2201L101.744%2012.4726ZM105.3%208.40937H100.488L99.0026%203.59473L97.5116%208.41047L92.7%208.40385L96.5965%2011.3834L95.1055%2016.1942L99.0021%2013.2196L101.408%2011.3834L105.3%208.40992V8.40937Z'%20fill='white'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_5593_1381'%20x1='90'%20y1='9.44471'%20x2='99'%20y2='9.44471'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%2300AD70'/%3e%3cstop%20offset='0.998594'%20stop-color='%2300B67A'/%3e%3cstop%20offset='1'%20stop-color='%23DCDCE6'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e){kind=small}
