Senior Manager- Risk Consulting - FSRM

The opportunity

 

As part of EY’s Financial Services Risk & Finance practice, you will help leading banks, capital markets firms, insurers, non-banking financial institutions and public-sector financial services entities strengthen resilience, meet regulatory expectations and unlock value through risk and finance transformation. Our work spans regulatory compliance and prudential supervision, credit and capital (incl. capital adequacy and liquidity), market risk, operational risk, enterprise risk, structured finance and quantitative advisory.

 

At EY, you’ll join a collaborative, inclusive and high-performing team where your development is intentional and continuous. With a structured career framework and a global network, you’ll gain exposure to leading practices, complex engagements and diverse perspectives across industries and geographies. Saudi Arabia is a strategic priority market for EY, offering exceptional growth and the opportunity to shape outcomes for some of the region’s most important financial institutions and national champions.

 

Your key responsibilities

 

As a Financial Services Risk Senior Manager, you will lead and deliver complex FS Risk engagements and provide technical direction across workstreams. You will operate as a trusted team leader—owning day-to-day delivery, coaching team members, managing stakeholders and proactively updating engagement Directors and Partners on progress, risks and dependencies. You will build strong relationships with clients and internal peers, contribute to compelling presentations and support business development through proposals and pursuit materials.

 

Skills and attributes for success

 

• Leading and delivering financial risk and risk transformation programs, domestically and/or internationally
• Ability to analyse current-state reporting and the underlying complexity (requirements, data, reporting solutions and operating model)
• Experience across finance and data/reporting initiatives; strong IT and financial accounting knowledge to bridge business and technology
• Ability to profile and interpret data constructs and translate them into meaningful business constructs
• Self-motivated, with strong energy, drive and accountability
• Proven ability to lead teams and projects, communicate and influence senior stakeholders, resolve issues and deliver under pressure
• Learning agility—able to ramp up quickly, explore new ideas and identify opportunities

 

 

To qualify for the role, you should have

 

• 10+ years of strong Financial Services Risk experience within leading FS organisations and/or top-tier consultancy firms
• Prior experience working (as an employee or a consultant) with government-owned financial institutions—particularly development funds and sovereign wealth funds (SWFs)
• Experience in as many of the following areas: quantitative analytics, treasury and treasury operations, investments, market risk, performance measurement, ALM/FTP, fixed income, derivatives and hedging, credit risk modelling and ECL, liquidity analysis, financial planning and forecasting, capital and RWA management/optimisation, risk appetite, credit lifecycle and operating model, loan pricing and analytics, etc.
• Experience in economic capital modelling, economic analysis, data analytics, design and implementation of ERM solutions, and deployment / integration of risk analytics into business processes, etc.
• Prior experience in credit risk, market risk, liquidity risk and/or operational risk
• Ideally, the previous experience in developed markets (e.g., EU, US, Canada, Australia, Hong Kong, Singapore, etc.) and some presence in, or connection to, MENA is preferred
• Strong educational background from a top institution in a quantitative discipline (finance, economics, actuarial science or related)
• Experience working in a project-based, team-oriented environment (ideally consulting), with a proven track record of managing teams and delivering in fast-paced, demanding settings
• Strong understanding of the credit lifecycle, including experience with credit rating and analysis and approval processes
• Foundational understanding of AI/GenAI concepts and practical familiarity with common tools (e.g., prompt engineering basics, model lifecycle concepts, responsible AI, and productivity platforms such as Microsoft Copilot/ChatGPT) and how they can be applied to risk and finance use cases
• Excellent analytical, report-writing, facilitation and presentation skills

 

 

Ideally, you’ll also have

 

• Hands-on exposure to using AI/GenAI to accelerate delivery (e.g., research synthesis, requirements drafting, analytics, documentation) and awareness of AI risk considerations (model risk management, data privacy, and governance)
• Experience with analytical and risk management tools/systems (e.g., SAS, Murex, VBA, MATLAB)
• Professional certifications such as FRM, CFA, PRM, etc.
• Willingness to travel across the region, as required

 

 

What we look for

 

We’re looking for highly motivated leaders with strong problem-solving skills and the ability to prioritise shifting workloads in a fast-changing environment. You’ll be an effective communicator, comfortable engaging senior stakeholders, and a coach to your teams—bringing rigour, commercial acumen and a genuine passion for delivering impact. If you’re ready to take on a wide range of responsibilities and continuously seek better ways of working, this role offers the platform to grow and make a difference in Saudi Arabia and across the region.

 

What we offer

 

We offer a competitive compensation package where you’ll be rewarded based on performance and recognised for the value you bring. In addition, you can expect:

• Continuous learning: Develop the mindset and capabilities to navigate what comes next.
• Success as defined by you: The tools, flexibility and support to make a meaningful impact—your way.
• Transformative leadership: Coaching, insights and experiences that help you become the leader the world needs.
• Diverse and inclusive culture: Be embraced for who you are and empowered to use your voice to help others find theirs.

 

If you can demonstrate that you meet some of the criteria above, please contact us as soon as possible.

 

EY | Building a better working world

 

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

 

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

 

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.