Risk Quant - Financial Services - Quant Trading Book - Senior - Consulting - Location NY
Location: New York
Other locations: Anywhere in Region
Date: Sep 18, 2024
Requisition ID: 1482172
EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. 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. Join us and build an exceptional experience for yourself, and a better working world for all.
CONSULTING SENIOR - QUANT TRADING BOOK: This position could be located in NY (primary), NJ, and NC.
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 organization’s governance, risk, and compliance activities.
EY is currently seeking highly motivated individuals to be part of our QTB team. You 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 in high exposure quantitative service projects related to the development and validation of financial models used for valuation of financial instruments, advanced analytics, and risk management.
Your key responsibilities as a Senior in QTB 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 to help clients solve business problems and complex issues in the financial services industry.
- Documenting results, suggesting ideas for efficiencies, and reaching conclusions.
Qualifications that we are looking for:
A Bachelor’s degree with at least 3 years’ experience, or a Masters’ degree with at least 2 years’ experience, or a PhD 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.
What we look for:
We’re interested in intellectually curious people, with the ability to adjust to change and thrive in a constantly evolving environment. You’ll need to be capable of asking the tough questions and independently driving your own career and learning initiatives. You’ll also need excellent organizational skills and a proven record of multitasking and working effectively across multiple projects. If you’re 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 you’ll 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.
EY accepts applications for this position on an ongoing basis. If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
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