Derivatives Valuation Quant Professional – EMEIA Financial Services (Advisory)

Job description

The opportunity

 

We currently have an opportunity for an agile, market-savvy professional with solid knowledge of a broad range of derivatives instruments and hands-on valuation experience, to join the team as experienced Senior Consultant or Manager, depending on the level of experience.

 

The Belgian Risk practice acts as a center of excellence within the EMEIA region with respect to quantitative modelling. Among others, this means  we have a robust and broad expertise in the practical aspects of derivative pricing. Our team of quantitative advisors consists of around 35 highly skilled professionals with background in Physics, Mathematics and (Commercial) Engineering, where academic excellence is a given.

 

In the context of external audit of financial institutions, we work closely with our colleagues from the Assurance team, as  the complex matters we encounter during our advisory assignments are equally important for delivering a quality audit of major banks. While part of our Belgian Risk team, you will have the  opportunity to work with, and learn from colleagues in other departments, also on  international level.

  

About the role

 

We are looking for a skilled quantitative professional, who will combine working on advisory engagements with audit support engagements for top Belgian and European financial institutions. The ability to drive work forward to a conclusion, to find pragmatic solutions to complex problems and to explain them convincingly, are key factors in order to be successful in this role. Building on a strong foundation of technical knowledge, you will further develop into a leading international expert in the field of quantitative modelling.

    

Your main tasks and responsibilities

 

·  You participate in engagements in the Risk practice, in the quantitative space, both from an advisory and an assurance perspective
·  An important part of your job will be the independent valuation of (complex) derivative instruments. Some typical tasks:
·  Develop and apply EY tools & models for valuation of financial instruments
·  Participate to model development and model validation exercises, including risk models
·  Identify new areas for further development of EY tools & models, including the innovative application of machine learning in this application domain.
·  You coordinate the workload in various projects, and develop productive working relationships with internal and external clients
·  You prepare concise, complete and convincing reports on the work done, and present it to more senior colleagues and clients
·  You act as a team member, coaching and supervising junior staff, seeking guidance from senior colleagues as needed, and keeping everybody informed on the progress of the assignment.
·  Your work may include international travel.

  

To qualify for the role you must have

  

·  Master degree in Physics, Mathematics, Statistics, Computer Science or relevant quantitative field
·  Between 3-5 years of relevant professional experience, ideally in the front office or a valuation control department of a major bank
·  Solid understanding of quantitative modeling techniques and practical experience with derivative pricing in one or more asset classes (FX, rates, equity, …)  is mandatory.
·  Experience with building (risk) reports and experience with communication around (mathematical) complex issues at management level is a major plus
·  Knowledge of some key vendor packages, and some frequently used programming languages (R, Matlab, C++, Python) in the risk and/or valuation domain is mandatory
·  Proficient level of business English and good communication skills; knowledge of Dutch and/or French is a major asset
·  Team spirit, but self-sufficient and autonomous
·  Pragmatic approach, with the ability to self-motivate and inspire the members of a team
·  Eagerness to learn more about the Financial Services market in Belgium and Europe.

   

Working at EY

  

·  You will join a team of experts and businessmen, genuinely passionate about their work, and recognized as being at the leading edge in their field of expertise, while benefiting from the advantages that a Big 4 offers. As a strong and equally passionate individual, you will feel that the team will help you reach a higher level
·  You will join a team of peers; our practice counts at all levels several quantitative skilled professionals, both in Belgium and in Europe
·  You will gain access to challenging international projects, and gain exposure to major investment banks, while still based in Belgium. This enables a well-balanced life-style
·  We offer you the opportunity to make your mark on the financial services industry
·  We provide extensive trainings, both on technical matters, as well as on soft skills and project management
·  We support you to ‘learn on the job’ from more experienced professionals in our team, who take on a coaching and mentoring role.

    

We are proud of our flexible working arrangements , and we will support you to build a successful career and deliver excellent client service, without sacrificing your personal priorities. While our client-facing profession might require regular travel, and at times working at client sites, we are committed to help you achieve a balanced lifestyle.

  

Our commitment to Diversity & Inclusion

  

At EY we are passionate about diversity and inclusion, and we support individuals of all groups; we do not discriminate on the basis of race, religion, gender, sexual orientation, or disability status.