(Senior) Consultant - Risk Consulting - AI Use Cases in Risk & Finance
Ernst and Young23 hours ago
Zürich, SwitzerlandSenior
Responsibilities
- Clarify AI use cases and business requirements with clients and identify data needs and expected benefits for risk and finance.
- Independently develop proof-of-concepts under expert guidance by preparing data, selecting, implementing, and training models, and evaluating results.
- Test and assess AI applications for quality, robustness, and limitations, and prepare validation and approval documentation.
- Support the transition of prototypes into production by coordinating with business functions, IT, and other specialists on integration into data and IT infrastructures and workflows.
- Support approvals, risk management, and AI governance by analyzing risks and controls and helping define accountability, monitoring, and model-risk management.
- Assess the implementation of these practices at financial institutions as part of audit engagements.
- Progressively take ownership of work packages and client discussions and advise clients on prioritizing AI use cases and transforming risk and finance.
Requirements
- MSc or PhD in a quantitative field such as mathematics, statistics, physics, financial or computational engineering, or data science.
- Strong knowledge of statistics and quantitative modeling.
- Initial professional experience at a bank, insurer, or in consulting projects for financial institutions, ideally in risk, finance, quantitative modeling, or data science.
- Understanding of relevant financial-services processes and requirements.
- Strong Python skills and practical experience developing and evaluating machine-learning models, including neural networks, gained through professional, university, or personal projects.
- Experience with generative AI and integrating existing models is a plus.
- Interest in implementing AI solutions beyond prototypes and learning about data and IT interfaces, testing, approval processes, and AI governance; initial knowledge in these areas is a plus.
- Analytical, structured, proactive approach and enjoyment of working with clients and interdisciplinary teams.
- Very good German and English skills and the ability to explain complex matters clearly to different audiences.
Benefits
- Annual salary increases depending on progression and a clear promotion path.
- Hybrid and flexible working environment supporting work-life balance.
- International and multicultural team.
- Ongoing personal development through training, mentoring, consulting, and on-the-job learning.
- Exposure to a broad range of clients and opportunities to build professional networks.
Tech Stack
Categories
About Ernst and Young
Ernst & Young (EY) provides audit/assurance, tax, consulting, strategy and transactions services to enterprises, financial institutions, and public‑sector clients. Structured as a global network of partner‑owned member firms, it sells professional services on a fee basis, including a dedicated Financial Services Organization for banking, insurance, and capital markets. Headquartered in London, EY was formed in 1989 from the merger of Ernst & Whinney and Arthur Young, and operates in 150+ countries.