Consulting Services Senior - Financial Services Risk Management - Quantitative Trading Book

Job description

EY Financial Services teams (“FSO”) have been at the forefront of every event that has reshaped and redefined the financial services industry. The Financial Services Risk Management (FSRM) – Quantitative Advisory Services (QAS) practice in particular, offers a combination of qualitative, quantitative, regulatory, and technology skills along with broad industry experience to our clients. The practice assists financial institutions by driving efficiency, effectiveness, and balanced risk coverage across the organization’s governance, risk, and compliance activities.

EY is currently seeking highly motivated individuals to be part of our Quantitative Advisory Services (QAS) team. Youwill use quantitative techniques to help our clients solve risk management issues facing the financial services sector, drive business efficiencies, and manage risks in their portfolio. Our team is engaged inhigh exposure quantitative service projects related to the development and validation of financial modelsused for valuation of financial instruments, advanced analytics, and risk management.

Our team brings deep industry knowledge and quantitative modeling experiences to support our clients in the evolving regulatory landscape. As a member of the EY team, you will have the opportunity to work with a variety of clients, learn on the job, and build insight into the market landscape.

If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic QAS team!

 

The opportunity

As part of our Advisory Services, you will have the opportunity to team with a variety of QAS professionals and clients to deliver professional services and actively participate in our growing practice. Our teams are engaged in projects related to the model development, validation, technical documentation and other quantitative services related to front office pricing, risk management (market risk, counterparty credit risk, operational, and liquidity risks), balance sheet and income statement stress testing and risk management. You will work on client assignments that will help you deepen and broaden your skills, while gaining valuable and rewarding experiences. With each engagement, you can expect to build leadership, communication, and client management skills, as well as sharpen your technical skills and problem-solving capabilities.

 

Your key responsibilities

As a Senior in QAS, among other things, your primary responsibilities will include delivering services in market risk, risk management and governance, model development and implementation, model/system documentation, and model benchmarking, while establishing relationships with client personnel at appropriate levels and consistently delivering quality client services.

Other responsibilities may also include:

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Supporting the development and validation of mathematical/statistical models for valuation of advanced financial instruments, risk models, and other analytical tools

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Performing detailed data analysis tohelp clients solve business problems andcomplex issues in the financial services industry

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Documenting results, suggesting ideas for efficiencies, and reaching conclusions

Skills and attributes for success

You would have opportunities to:

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Perform advanced analytical analyses and apply critical thinking to help our clients solve business issues

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Demonstrate in-depth technical capabilities, ability to apply quantitative techniques and analytical tools to various business analyses and professional knowledge

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Communicate and interpret technical concepts to both technical and non-technical client stakeholders

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Maintain an ambitious attitude towards finding innovative solutions to challenging problems

·  Bring functional experience in market risk modelling and demonstrate knowledge of risk management function processes and overall model lifecycle management.
·  Have functional knowledge related to some of the following: modeling knowledge of financial risks and derivative products (e.g., equity, FX, commodities, credit and interest rates), risk management, model development, model validation, advanced analytics (e.g., machine learning techniques)
·  Drive high-quality work products within expected timeframes and budgets
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Establish relationships with client personnel at appropriate levels

·  Understand our clients’ needs and consistently deliver quality client services focusing on more complex and specialized issues
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Stay abreast of current business and industry trends in advanced analytics

·  Coach and mentor junior staff and new hires

 

Qualifications that we are looking for

A Bachelor’s degree with at least 3 years’ experience, or a Masters’ degree with at least 2 years’ experience, or a PhD in Mathematics, Statistics, Economics, Computer Science, Engineering, Physics, Finance, Data sciences or other related fields. Work experiences have to be in quantitative analysis as described below.

 

Experience working with

 

·  Financial product engineering/research and development designing and developing quantitative methods and services for capital market and derivative products
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Quantitative methods and capital markets products, including FO pricing, Market, Counterparty Credit, and other risk models

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Statistical and numerical techniques and the principles of the theory of probability and stochastic calculus

·  Statistical languages (e.g., R, MATLAB), programming (e.g., C/C++, Python, Java, Linux) and database languages (e.g., SQL/Excel)
·  Big data/machine learning and AI techniques, including neural network and deep learning frameworks and machine learning tools (e.g., TensorFlow, Theano, Torch, Keras)

Ideally, you must also have

·  Leadership as well as proven project management skills
·  Excellent written and verbal communication skills for client presentations and project management
·  Willingness to travel to meet client needs

 

What we look for

We’re interested in intellectually curious people, with the ability to adjust to change and thrive in a constantly evolving environment. You’ll need to be someone who is capable of asking the tough questions and independently driving their own career and learning initiatives. You’ll also need excellent organizational skills and a proven record of multitasking and working effectively across multiple projects. If you’re ready to contribute your big ideas and make a measurable difference right from the start, this role is for you.

What working at EY offers

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, both pension and 401(k) plans, a minimum of 15 days of vacation plus ten observed holidays and three paid personal days, and a range of programs and benefits designed to support your physical, financial, and social well-being. Plus, we offer:

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A collaborative environment where everyone works together to create a better working world

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Excellent training and development prospects, both through established programs and on-the-job training

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An excellent team of senior colleagues, dedicated to managing and varying your workload

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Support, coaching, and feedback from some of the most engaging colleagues around

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Opportunities to develop new skills and progress your career

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The freedom and flexibility to handle your role in a way that’s right for you

About EY

As a global leader in assurance, tax, transaction, and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities, and creative freedom to make things better. So whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

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

Join us in building a better working world. 

Apply now.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.