Ernst & Young
USA - Consulting - Financial Services - Quantitative Advisory Services - Senior
Ernst & Young, New York, NY
Applications will be accepted until September 27. For those living in California, please click here for additional information.
At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better. Join us and build an exceptional experience for yourself, and a better working world for all.
The exceptional EY experience. It's yours to build.
To improve your application experience, please apply to no more than two positions within a six-month period.
EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.
Consulting - Financial Services - Quantitative Advisory Services - Senior
In our Financial Services Organization (FSO), we build a better working world by rallying together to solve the most complex challenges. We accomplish this by building trusted relationships, keeping an open mind, going all in, being bold and courageous, and taking risks worth taking. We help build a financial services industry in which financial institutions are trusted, customers' financial goals are attainable, and the global economy is growing and secure. In today's complex business environment, that means understanding the relationship between risk, the regulatory environment, and performance improvement, and applying our knowledge to help clients achieve their business objectives.
Within our (FSO), the Quantitative Advisory Services (QAS) group is part of a larger team that provides integrated risk management guidance to help identify, measure, manage and monitor the market, credit, operational and regulatory risks associated with our client's trading, asset-liability management, capital management and other capital market activities. The QAS team is specifically engaged in projects related to the development, implementation, validation, and other quantitative services of financial models used for front office derivative pricing (e.g., forwards, swaps, options, and other exotics) spanning different asset classes (interest rate, FX, equity, credit, commodity and structure products, etc.), risk management (market risk, credit risk, liquidity risk and operational risk), balance sheet and income statement stress testing, and wholesale and retail credit.
This is a highly collaborative area, where you'll always have the support of your team while working on multiple high-profile projects. It's a challenging specialist area, so we won't expect you to hit the ground running - you'll learn as you go. That doesn't mean you won't have your own responsibilities though, so if you're naturally curious, are genuinely interested in this area and are ready to engage with our clients, there's no limit to how far you can go here.
Your key responsibilities
What we look for
What we offer
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. The salary for this job, in the US, is $150,000. Individual salaries are based on education, geographic location, and alignment to the market data
In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Our expectation is for most people to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you'll decide how much vacation time you need based on your own personal circumstances. You'll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.
EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY's Talent Shared Services Team (TSS) or email the TSS at [redacted]
At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better. Join us and build an exceptional experience for yourself, and a better working world for all.
The exceptional EY experience. It's yours to build.
To improve your application experience, please apply to no more than two positions within a six-month period.
EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.
Consulting - Financial Services - Quantitative Advisory Services - Senior
In our Financial Services Organization (FSO), we build a better working world by rallying together to solve the most complex challenges. We accomplish this by building trusted relationships, keeping an open mind, going all in, being bold and courageous, and taking risks worth taking. We help build a financial services industry in which financial institutions are trusted, customers' financial goals are attainable, and the global economy is growing and secure. In today's complex business environment, that means understanding the relationship between risk, the regulatory environment, and performance improvement, and applying our knowledge to help clients achieve their business objectives.
Within our (FSO), the Quantitative Advisory Services (QAS) group is part of a larger team that provides integrated risk management guidance to help identify, measure, manage and monitor the market, credit, operational and regulatory risks associated with our client's trading, asset-liability management, capital management and other capital market activities. The QAS team is specifically engaged in projects related to the development, implementation, validation, and other quantitative services of financial models used for front office derivative pricing (e.g., forwards, swaps, options, and other exotics) spanning different asset classes (interest rate, FX, equity, credit, commodity and structure products, etc.), risk management (market risk, credit risk, liquidity risk and operational risk), balance sheet and income statement stress testing, and wholesale and retail credit.
This is a highly collaborative area, where you'll always have the support of your team while working on multiple high-profile projects. It's a challenging specialist area, so we won't expect you to hit the ground running - you'll learn as you go. That doesn't mean you won't have your own responsibilities though, so if you're naturally curious, are genuinely interested in this area and are ready to engage with our clients, there's no limit to how far you can go here.
Your key responsibilities
- Delivering services in derivative valuation, risk management and governance, quantitative engineering including model development and implementation, model/system testing, and model validation
- Establishing relationships with client personnel at appropriate levels. Consistently delivering quality client services. Monitoring progress, managing risks and ensuring key stakeholders are kept informed about progress and expected outcomes
- Staying abreast of current business and industry trends relevant to the client's business and respecting and protecting confidential client information
- Improving clients' efficiency and effectiveness through the design of their operations, processes, information technology and business functions
- Executing procedures, performing detailed data analysis, reaching conclusions, documenting results and suggesting ideas for efficiencies
What we look for
- You have an agile, growth-oriented mindset. What you know matters. But the right mindset is just as important in determining success. We're looking for people who are innovative, can work in an agile way and keep pace with a rapidly changing world.
- You are curious and purpose driven. We're looking for people who see opportunities instead of challenges, who ask better questions to seek better answers that build a better working world.
- You are inclusive. We're looking for people who seek out and embrace diverse perspectives, who value differences, and team inclusively to build safety and trust.
- Qualifications
- Ph.D. in Computational / Quantitative Finance, Mathematics, Engineering, Statistics, Economics, Physics, Computer Science etc. for staff (senior) candidates
- A strong academic record
- Familiarity with statistical and numerical techniques, probability theory and stochastic calculus
- Ability to program computer routines such as C++, Java, Python, SAS, R, VBA and SQL
- A desire to develop and integrate quantitative skills in designing and implementing business services
- Excellent communication skills, both verbal and written
- Knowledge of capital markets products, related valuation methodologies and financial analytics, including an understanding of the key concepts of derivative instrument pricing and risk measurement
- The ability and willingness to travel and work in excess of standard hours when necessary
- Access to reliable transportation to/from the EY office and client sites. A driver's license is strongly recommended as ride share and public transportation options may not be available in all locations.
What we offer
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. The salary for this job, in the US, is $150,000. Individual salaries are based on education, geographic location, and alignment to the market data
In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Our expectation is for most people to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you'll decide how much vacation time you need based on your own personal circumstances. You'll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- Continuous learning: You'll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way.
- Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.
EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY's Talent Shared Services Team (TSS) or email the TSS at [redacted]