- Entry level
- No Education
- Salary to negotiate
EY is the only professional services firm with a separate business unit ('FSO') that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!
EY is currently seeking highly motivated individuals to be part of our Quantitative Advisory Services (QAS) banking book team.
You will use quantitative techniques to help our clients solve Financial Services Risk Management issues facing the financial services sector, drive business efficiencies, and manage risks in their portfolio.
Our team is engaged in
high exposure quantitative service projects related to the development and validation financial models
used for wholesale and retail credit, advanced analytics, and risk management. Our team brings deep industry knowledge and quantitative modeling experience 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.
As part of our Advisory Services, you’ll have the opportunity to team with a variety of QAS professionals and clients to deliver professional services and to actively participate in our growing practice. You’ll 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 problem-solving capabilities.
Your key responsibilities
As a Manager in QAS, your primary responsibilities, among other things, will include delivering services in wholesale and retail credit risk, risk management and governance, model development and implementation, model/system documentation, and model benchmarking while establishing relationships with client personnel at appropriate levels. You will be
applying quantitative techniques to help institutions develop and validate credit risk modeling methodologies
and performing the practical application of advanced analytics techniques to
help clients solve business problems and
complex issues in the financial services industry.
You’ll need to consistently deliver quality client services by leading teams, monitoring progress, managing risks and ensuring key stakeholders are kept informed about progress and expected outcomes.
Skills and attributes for success
Perform in-depth technical analytics, for example in the space of regression analysis or machine learning, to help solve our clients complex business issues
Communicate and interpret deep technical concepts to both technical and non-technical client stakeholders
Maintain an ambitious attitude towards finding innovative solutions to challenging problems
Have functional knowledge related to some of the following: broad credit risk modeling, modeling knowledge of wholesale (e.g., CRE and C&I), retail (e.g., mortgage and credit card, other consumer loans), expected credit loss modeling, applicability of models in the context of CECL/IFRS 9, risk management, model development, model validation, financial analytics, advanced analytics (e.g., machine learning techniques)
Bring functional experience in credit risk modeling and associated methodologies and their role in the overall risk management framework. Demonstrate knowledge of the risk management function and the model lifecycle.
new knowledge and stay abreast of new developments in advisory services capabilities, reserving and allowance, advanced analytics, regulatory expectations, and current business and industry trends relevant to our clients
Understand our clients’ needs and consistently deliver quality client services focusing on more complex, judgmental, and/or specialized issues
Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes
Ability to perform in a high pressure environment
Drive high-quality work products within expected timeframes and on budget
Lead and manage a team in a dynamic environment. Focuses on the importance of coaching and developing teams.
Understand EY and its service lines and actively assess what the firm can deliver to serve
About the company
A multinational professional services firm headquartered in London, United Kingdom. It is one of the "Big Four" audit firms and is the third largest professional services firm in the world by aggregated revenue in 2014.