Offers “Ernst & Young”

Expires soon Ernst & Young

2018 Fall Internship Program – Risk

  • 香港 Hong Kong (中西區 Central and Western District)
  • Accounting / Management control

Job description

EY is a global leader in assurance, tax, transactions and advisory services. Worldwide, our 250,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
 
What you can gain from this internship program

If you are considering about a career with EY, start ahead by joining our internship program. This program helps you understand what a career with us might be. Through our internship program, you should be able to gain a more realistic view of our business and workplace environment while we can get to know you better and provide you the platform to gain the knowledge and skills you need to begin your professional career with EY.

Background to Risk
Risk management protects business performance and contributes to sustainability in results. It is about achieving a clear understanding of risks and developing plans to manage them. As part of our team of risk professionals, you will work with multinational businesses and public sector organizations to develop and integrate holistic approach to risk and control.
Underpinning our risk capabilities are our strengths and skills in day-to-day operations, management and strategic decision-making. These skills are concentrated in the four supporting areas of:
·         People and organizational change
·         IT advisory
·         Strategic direction
·         Program management

There are in total three areas for the internship

1. Accounting and Finance
2. Quantitative Advisory Services
3. Risk Technology

1. Accounting and Finance
Key Responsibilities:
·  Assist in implementing new accounting standards for financial institutions; perform impact assessment for the adoption of the new standard; in particular, perform market data capturing and collection, analysis and implementation
·  Perform analytical procedures to understand the business activities of the financial institutions
·  Assist in drafting the policy and procedure manuals for financial institutions in relation to the adoption of the new accounting standards
·  Perform derivative pricing for financial reporting and risk management purposes; in particular, performing market data capturing, pricing model assessment, analysis and implementation
·  Perform impact assessment on the adoption of new accounting standard; in particular, performing pros and cons analysis and fair value measurement for different financial instruments
·  Assist in risk management services in the treasury area, including asset liability management, liquidity risk management, capital management, funds transfer pricing (FTP) and other treasury activities
·  Assist in the advisory work on the risk governance and/or regulatory compliance (e.g., IFRS, HKMA, SFC, BCBS compliance)
Requirements:
·  Penultimate or final year in pursuing a Bachelor’s degree or Master's degree in all disciplines, especially with an emphasis on Accounting, Economics, Finance or related majors
·  Excellent written and spoken English and/or Chinese; fluent in Mandarin is preferred
·  Strong analytical, teamwork and organizational skills, positive attitude and enthusiasm in the performance of responsibilities
·  Able to work independently and under pressure
·  Proficient in Microsoft Office Suite; experience in Bloomberg and/or Reuters is preferred
·  Programming experience in Excel VBA is preferred
·  Familiar with banking business and financial instruments, i.e., fixed income securities is preferred
·  Experience in derivatives pricing, quantitative finance and/or market risk management is preferred
·  Mathematics or statistics related background
Internship period and duration
·  September to November/December 2018 (3-4 months)
2. Quantitative Advisory Services
 
Key Responsibilities:

·  Perform derivative pricing for financial reporting and risk management purposes; in particular, perform market data capturing, pricing model assessment, analysis and implementation
·  Perform market and counterparty credit risk model development and validation, such as VaR, PFE, SIMM, CVA, and other valuation adjustments (XVA)
·  Conduct research and assist in the implementation of new margin rules for OTC uncleared derivatives; in particular, assist in regulatory gap analysis and collateral management business process re-engineering
·  Assist in statistical model development and validation in risk management advisory projects
·  Conduct research and involve in implementation on credit risk modeling, impairment modeling, predictive modeling, interest rate risk modeling, liquidity risk modeling and behavioral modeling
·  Conduct research and assist in design, implementation and documentation of stress testing framework
·  Perform qualitative and quantitative analysis on credit risk, interest rate risk and liquidity risk projects
·  Assist in risk management services in the treasury area, including asset liability management, liquidity risk management, interest rate risk management, capital management, funds transfer pricing (FTP) and other treasury activities
·  Assist in the advisory work on the risk governance and/or regulatory compliance (e.g., HKMA, SFC, BCBS compliance)
Requirements
·  Penultimate or final year in pursuing a Bachelor’s degree or Master's degree in all disciplines, especially with an emphasis on Quantitative Finance, Risk Management, Mathematics, Actuarial Science, Statistics, Data Science, Finance or related majors
·  Excellent written and spoken English and/or Chinese; fluent in Mandarin is preferred
·  Strong analytical, teamwork and organizational skills
·  Positive attitude and enthusiasm in the performance of responsibilities
·  Able to work independently and under pressure
·  Proficient in Microsoft Office Suite; experience in Bloomberg and/or Reuters is preferred
·  Programming experience, i.e., Excel VBA, MATLAB, R, SQL, SAS, Java, is preferred
·  Basic knowledge in Basel / HKMA requirements is preferred
·  Experience in derivatives pricing, quantitative finance, market and counterparty credit risk management, credit risk management, interest rate risk management, liquidity risk management, statistical modeling or data analysis is preferred
Internship period and duration
·  September to November/December 2018 (3-4 months)

3. Risk Technology
 
K ey Responsibilities:
·  Assist in execution of a wide range of financial risk advisory projects
·  Prepare pre-sales materials and client proposals
·  Design and develop prototypes using object oriented programming language
·  Design and document user manual
·  Design, document and execute test cases
·  Perform technology and business analysis using BPMN model
·  Participate in design and set-up of technology risk management function,      requirement, process and system
Requirements:
·  Penultimate or final year in pursuing a Bachelor’s degree or Master's degree in all disciplines, especially with an emphasis on Computer Science, Computer Engineering, System Engineering, Information Engineering, Information Technology, Information System or related majors
·  Excellent written and spoken English and/or Chinese; fluent in Mandarin is preferred
·  Strong analytical, teamwork and organizational skills
·  Positive attitude and enthusiasm in the performance of responsibilities
·  Able to work independently and under pressure
·  Experience with strong programming language Java, C/C++
·  Competent in Microsoft Powerpoint, Word and Excel
·  Experience in the relevant industry is preferred

 
Internship period and duration
·  ·         September to November/December 2018 (3-4 months)

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