About our business
At EY Consulting, we are building a better working world by transforming businesses through the power of people, technology, and innovation. Our clients are at the heart of what we do. We’re focused on solving the key issues of our client buyers, building deeper relationships, and generating lasting value with significant impact.
Our firm sets the standard for consulting services, fostering an environment that encourages career ownership at every stage. As a part of our team, you’ll be at the forefront of this dynamic service line, driving change and delivering solutions that revolutionize business operations. You’ll help our clients in transformation and innovation efforts: driving growth, reducing costs, and managing risks proactively.
In our Financial Services team, 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.
What you will do
In our Financial Services Organization (FSO), the Quantitative Advisory Services (QAS) group operates as an integral component of a broader team that provides comprehensive quantitative risk management services to help identify, measure, manage and monitor the market, credit, operational and liquidity risks, asset-liability management, capital management, and other business activities of our clients across the Banking & Capital Markets, Insurance and Wealth & Asset Management sectors. The QAS team is specifically dedicated to projects focused on development, implementation, testing, validation and other quantitative services of analytic models, which are utilized in, but not limited to:
- risk management including market risk, credit risk (including counterparty credit risk, wholesale / retail), liquidity / treasury risk, operational risk, compliance risk (including Financial Crime risk), climate risk, etc
- regulatory capital analytics including Basel III / Fundamental Review of the Trading Book (FRTB), and Comprehensive Capital Analysis and Review (CCAR)
- front office derivative pricing across various asset classes (e.g., interest rate, foreign exchange, equity, credit, commodity and structured products)
- banking book credit analytics, including loss forecasting, reserves/CECL, and PPNR (Pre-Provision Net Revenue)
- balancesheet management
- wealth and asset management
The QAS team also adeptly leverages advanced analytics applications, featuring Artificial Intelligence / Machine Learning (AI / ML), including Generative AI (GenAI) capabilities empowering the delivery of unparalleled insights and solutions to the clients.
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.
Job Requirements and Preferences
Required Qualifications
- A strong academic record with Master’s degree in Computational / Quantitative Finance, Mathematics, Physics, Engineering, Statistics, Economics, Computer Science etc.
- Capability to effectively program computer routines using one or more languages such as C++, Java, Python, VBA, SAS, R, and SQL
- The ability to work collaboratively in a team environment, demonstrate inclusivity, and embrace diverse perspectives
- Excellent presentation skills and the ability to communicate complex concepts effectively to all audiences
- Intellectual curiosity, the ability to take initiative and drive execution, with advanced analytical and problem-solving skills within a dynamic and evolving business landscape
- Exhibits an agile and growth-oriented mindset
Preferred Qualifications
- Proficiency in statistical and numerical techniques, and stochastic calculus
- Familiarity with trading and banking products and services, along with the applicable methodologies and financial risk analytics, including an understanding of the key concepts of derivative instrument pricing, risk measurement and credit assessment
- Enthusiasm to develop and integrate quantitative skills in the design and execution of business services