Risk Quant - Financial Services - Quant Trading Book - Staff 2 - Consulting - Location NY

CONSULTING Staff - QUANT TRADING BOOK

EY Financial Services Office 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 Trading Book (QTB) practice offers a combination of quantitative qualitative 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 organizations governance risk and compliance activities.

EY is currently seeking highly motivated individuals to be part of our QTB will 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 models used 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 QTB team!

The opportunity

As part of our Advisory Services you will have the opportunity to team with a variety of QTB 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 risk liquidity risk and climate risks) digital asset / crypto analytics wealth and asset management Financial Crime (FinCrime) / cybersecurity analytics balance sheet and income statement stress testing. 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 QTB among other things your primary responsibilities will include delivering services in quantitative risk management and governance model development and implementation model/system documentation and model validation while establishing relationships with client personnel at appropriate levels and consistently delivering quality client services.

Other responsibilities may also include:

• Supporting the development and validation of mathematical/statistical models for valuation of advanced financial instruments risk models and other analytical tools
• Performing detailed data analysis tohelp clients solve business problems andcomplex issues in the financial services industry
• Documenting results suggesting ideas for efficiencies and reaching conclusions

Skills and attributes for success

You would have opportunities to:

• Perform advanced analytical analyses and apply critical thinking to help our clients solve business issues
• Demonstrate in-depth technical capabilities ability to apply quantitative techniques and analytical tools to various business analyses and professional knowledge
• Communicate and interpret technical concepts to both technical and non-technical client stakeholders
• Maintain an ambitious attitude towards finding innovative solutions to challenging problems
• Bring functional experience in financial 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
• 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
• 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 Bachelors degree with at least 2 years experience or a Masters degree with at least one years experience in Mathematics Statistics Economics Computer Science Engineering Physics Finance Data sciences or other related fields. Work experiences must be in quantitative areas 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
• Quantitative methods and capital markets products including FO pricing Market Counterparty Credit and other risk models
• Statistical and numerical techniques and the principles of the theory of probability and stochastic calculus
• Statistical languages (e.g. R MATLAB SAS) programming (e.g. C/C Python Java Solidity VBA) and database languages (e.g. SQL)
• Big data/machine learning and AI techniques including neural network and deep learning frameworks and machine learning tools (e.g. TensorFlow Theano Torch Keras)
• Digital asset risk analytics and modeling DeFi protocols testing and blockchain analytics
• Climate/ESG risk analytics and stress testing

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

Were interested in intellectually curious people with the ability to adjust to change and thrive in a constantly evolving environment. Youll need to be capable of asking the tough questions and independently driving their own career and learning initiatives. Youll also need excellent organizational skills and a proven record of multitasking and working effectively across multiple projects. If youre 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 youll 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:

• A collaborative environment where everyone works together to create a better working world
• Excellent training and development prospects both through established programs and on-the-job training
• An excellent team of senior colleagues dedicated to managing and varying your workload
• Support coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way thats right for you