Title: Senior Consultant or Manager - Financial Risk (Banking) Location: Warrang – Sydney or Naarm - Melbourne, Australia 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. The opportunity As our Senior Consultant/Manager -Financial Risk (Banking), you'll work with clients in Financial Services to support the management and measurement of financial and treasury risks including market risk, credit risk, liquidity risk, operational risk, and climate risk. Engagements will vary and will commonly be centred around business initiatives spanning risk strategy, transformation, understanding regulatory requirements, and the development, validation, and use of models. You will work closely with other financial services risk practitioners, technology consulting, and financial accounting teams to support clients' often highly specific and complex requirements. You will get to work with a highly driven team across a range of projects focused on financial risks that banks and other financial services companies are exposed to. You will get the opportunity to leverage your quantitative, statistical, or analytical skills to support model development and model validation engagements. This is a hybrid role based in Warrang - Sydney or Naarm - Melbourne Your Key Responsibilities You'll provide financial risk consulting to clients mainly within the financial services sector. Your responsibilities will include managing projects and delivering results and strategic advice that help clients handle risk, optimise performance, and develop growth strategies. You'll have opportunities to: - Work with a diverse range of clients, making a significant impact in both the public and private sectors - Develop and implement financial risk models and methodologies tailored to client needs - Conduct risk assessments and provide strategic advice on risk management and regulatory compliance - Mentor and develop junior team members, fostering a culture of continuous learning and development - Analyse and interpret data to uncover critical insights for informed decision-making Skills and attributes for success - Qualifications and Experience: A Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Engineering or a related field. Completed, or progressing towards, a professional actuarial qualification (e.g., FIAA or CFA), with 3 to 7 years of professional experience in a related role. Experience with coding, programming, and AI/GenAI is highly valued. - Skills and Abilities: Proven analytical and problem-solving skills; strong quantitative abilities; proficiency with financial risk modelling software and programming languages such as SAS, R, and Python. Excellent communication and interpersonal skills for building and maintaining client relationships, and the ability to present complex information clearly to non-specialists. - Industry Knowledge: In-depth understanding of the banking sector. Experience in areas like credit risk modelling (provisioning and capital), market risk (traded and non-traded), capital and stress testing, risk management, controls, prudential standards is advantageous. Ideally, you'll also have the skills and attributes below but don't worry if you don't tick all the boxes. We're interested in your aptitude, attitude and willingness to learn. - Project Management and Leadership: Ability to manage projects, seek new business opportunities, and mentor junior staff. Demonstrates initiative, a can-do attitude, and a willingness to try new approaches. - Adaptability and Continuous Learning: Comfortable with complexity and flexible in a dynamic, technology-driven environment. Commitment to staying up to date with market trends, legislation, and regulatory changes, and contributing to business thought leadership. We're interested in your strengths, aptitude, and willingness to learn. Don't worry if you don't meet every criteria-what matters most is your attitude and potential. What we offer you At EY, we'll fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more. - Career development: At EY, your career is yours to shape! We'll develop you with future-focused skills and equip you with world-class experiences ey.com/au/careerdevelopment - Flexible work arrangements: Our flexible work policies empower you to balance your professional and personal life, fostering a culture of trust and autonomy. - A comprehensive benefits package: From a yearly wellness incentive, to access to additional 8 weeks of flex leave per year, and family-friendly policies, including up to 26 weeks of gender-neutral paid parental leave, we cater to your diverse needs to help you thrive both personally and professionally ey.com/au/benefits - Salary: We offer a competitive salary which is open to negotiation pending on skills and experience.

• Proactively solicits new and renewal business from Sales Producers • Acts as a resource for carrier information, including appetite guides, carrier brochures, whom to contact, and other important information • Mentors regional risk placement team members • Trains team members on duties, expectations, standards, and policies • Works with the Director of Placement, National Accounts to oversee employees’ day to day activities and implement projects and directives • May participate in the hiring process and provide recommendations for new hires • Oversees and manages the new hire onboarding process to ensure success of new risk placement associates • Holds monthly renewal meetings with Sales Producers and Account Managers to designate accounts that need to be marketed through the Placement Team • Reviews applications and obtains additional information from Sales Producers or Account Managers as needed • Partners with Sales Producers to ensure the prospect's needs have been met • Collaborates and implements a renewal strategy based on potential and existing clients’ risk profiles, market conditions, and carrier options • Develops the submission narrative describing risk, losses & controls, target premium, and quote due date • Makes complete submissions to markets including, but not limited to, 3-5 year loss runs with a summary spreadsheet, completed supplemental applications, financial statements, photos, brochures, etc • Follows up with markets to ensure submissions were received and to inquire whether further information is required • Compares quotes received with application and other quotes • Prepares and completes proposals • Utilizes AMS360 and ImageRight to document the placement process and to collaborate with the service team • Engages with insurance carriers to negotiate favorable renewal terms • Proactively identifies opportunities to enhance client satisfaction and retention by providing exceptional service • Builds and maintains strong relationships with insurance carriers, underwriters, and clients (internal and external) • Adheres to legal and regulatory requirements in the insurance industry

• Develop and execute enterprise Benefits, Leave, Disability, and Workers' Compensation strategies aligned with organizational, operational, and financial objectives. • Lead long-term planning, program design, and continuous improvement initiatives that enhance employee experience, mitigate risk, and support business growth. • Establish governance frameworks, policies, standard operating procedures, controls, and audit practices that promote compliance, consistency, and operational excellence. • Monitor industry trends, legislative developments, and workforce needs to proactively recommend program enhancements and risk mitigation strategies. • Serve as a trusted advisor to senior leadership on Benefits, Leave, Disability, and Workers' Compensation matters. • Oversee all health and welfare benefit programs, including medical, dental, vision, life insurance, disability, retirement, wellness, EAP, and voluntary benefit offerings. • Lead annual benefits planning, open enrollment, employee communications, and program implementation efforts. • Evaluate plan performance, utilization trends, enrollment data, and employee feedback to optimize program effectiveness, competitiveness, and cost efficiency. • Partner with brokers, consultants, actuaries, and carriers to develop plan design recommendations and long-term benefits strategies. • Oversee enterprise leave and disability programs, including FMLA, ADA, state leave programs, Paid Family Leave, Short-Term Disability, Long-Term Disability, and workplace accommodations. • Provide strategic oversight of the organization's Workers' Compensation program, including claim management, return-to-work initiatives, injury prevention, and vendor performance. • Establish and monitor key performance indicators including claim frequency, severity, lag time, litigation rates, reserve accuracy, lost-time claims, and return-to-work outcomes. • Analyze claim trends and organizational risk factors to identify opportunities for prevention, cost reduction, and improved employee outcomes. • Partner with third-party administrators, carriers, legal counsel, and operational leaders to ensure effective claim management and regulatory compliance. • Develop enterprise-wide education, reporting, and investigation practices that strengthen injury management and workplace safety. • Develop and manage budgets related to Benefits, Leave Administration, Disability, Workers' Compensation, and associated vendor partnerships. • Conduct financial forecasting, trend analysis, and cost modeling to support strategic decision-making and long-term planning. • Identify opportunities to improve program efficiency, reduce costs, and maximize organizational return on investment. • Deliver executive-level reporting, dashboards, and recommendations that provide actionable insights into program performance, cost drivers, and emerging risks. • Lead relationships with brokers, carriers, third-party administrators, leave vendors, disability providers, wellness partners, and consultants. • Conduct vendor performance reviews and ensure accountability for service levels, contractual obligations, compliance standards, and business outcomes. • Lead vendor selection processes, contract negotiations, implementations, renewals, and ongoing optimization efforts. • Drive process improvements, workflow enhancements, and scalable solutions that improve service delivery and operational effectiveness. • Ensure compliance with all applicable federal, state, provincial, and local regulations, including ERISA, ACA, COBRA, HIPAA, FMLA, ADA, OSHA, Workers' Compensation regulations, and state leave laws. • Partner with Legal, Compliance, Finance, and HR Operations to proactively identify and mitigate organizational risk. • Lead internal audits, compliance reviews, and corrective action initiatives while maintaining audit-ready documentation and practices. • Lead, mentor, and develop a team of Benefits and Workers' Compensation professionals, including internal employees and contracted resources. • Establish clear performance expectations, accountability measures, and service standards. • Foster a culture of collaboration, innovation, continuous improvement, and exceptional employee service. • Build scalable team structures, processes, and capabilities that support organizational growth and evolving business needs.

• Serve as the primary operational partner for external clients across medical groups • Directly manage a department of 70+ production coders and auditors • Establish, monitor, and optimize department KPIs