Assurance, Intern – Financial Accounting Advisory Services (Financial Services)

Assurance, Intern – Financial Accounting Advisory Services (Financial Services), Singapore (Winter 2020)

Join Financial Accounting Advisory Services (Financial Services) within Assurance and you’ll assist our clients to address the accounting and financial reporting challenges facing their business. You’ll be part of a team that provides insight and services that leverage analytics, automation, and innovation to build a stronger and more efficient finance function.

You will experience ongoing professional development through diverse experiences, world-class learning and individually tailored coaching. That’s how we develop outstanding leaders who team effectively to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because your professional development is important to us, we are fully committed to helping you realise your potential.

The opportunity

Within EY’s Financial Accounting Advisory Services (Financial Services) practice, the Financial Instruments Valuation team supports Assurance teams in Singapore with independent valuation assessment and quantitative analysis on various financial instruments. The team at EY leverages on sophisticated financial engineering techniques to assist clients in understanding and valuing vanilla derivatives and other complex securities, for financial reporting, risk management and regulatory compliance purposes.

The services we provided within EY cover a broad spectrum of responsibilities faced with respect to financial instruments valuations. You will experience ongoing professional development through interactions with internal and external clients together with exposures to various asset classes (e.g. FX, Fixed Income, Equity, Commodity, Interest Rate, Credit, etc) and various industry sectors (e.g. banking, private equity, hedge funds, transportations, commodity, utilities, oil & gas, REITS, internet-based firms, etc).

Your key responsibilities

As an Intern in the Financial Instrument Valuation team, your typical day will include the following:

• Get involved in discussions on valuation tasks, to understand the objective of the work, key tasks to be performed, and the expected deliverables
• Comprehend the mechanics behind the financial instruments, the valuation approach, and various key parameters influencing the valuation outcome
• Leverage on the EY’s financial instruments pricing system, such as Thomson Reuters, CapitalIQ, and Numerix, to assist with completion of tasks on-hand
• Initiate self-learning and constantly seek feedback and guidance from senior team members on the practical considerations in performing the valuation
• Execute the assigned tasks on hand and regularly update your supervisor or senior members on the progress
• Communicate issues and/or findings encountered along the project, and sharing ideas or solutions to other team members
• Document the approach and methodology adopted in the assessment, the explanation behind the assumptions adopted, the assessment results, and the findings on the assessment

Skills and attributes for success

The job might be for you if:

• You are highly motivated individual who possess strong analytical skills and have keen understanding on valuation function across Financial Institutions
• You are driven for results and committed to successful completion of projects assigned
• You are able to work independently under moderate supervision and deliver quality results in a fast-paced, dynamic environment
• You are an effective communicator and a confident team player who collaborates with people from various teams
• You are comfortable working with numbers, performing complex valuation and financial modelling
• You are committed to staying at the cutting edge of the latest valuation techniques, business developments and new financial reporting standards

To qualify for the role you must have the following:

• Pursuing Bachelor or Master degree in quantitative finance, financial engineering, finance, statistics, mathematical finance, or engineering with finance related modules
• Good programming skill with demonstrated aptitude in quantitative analysis
• Sound understanding of derivatives products, financial instruments and valuation modelling
• Proficiency in at least one the financial engineering package, namely Bloomberg, Thomson Reuters, Numerix, Microsoft Excel VBA

Ideally, you’ll also have

• Strong organizational and project management skills
• Good knowledge of credit risk modelling with interest in data analysis/visualization platform (e.g. Spotfire, Alteryx, R, SQL)
• Enthusiasm in getting familiar with financial instruments valuation surrounding venture capitalist and private equity industries
• Prior experience and/or interest in valuation related programming languages (e.g. Matlab, Python)

Please note that for your application to be considered, you are required to upload the following documents together with your online application:

• Detailed Resume
• Copy of Highest Academic Certification and Transcripts

Only applications with complete set of data and documents will be considered.

What we look for

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player that collaborates with people from various teams while looking to develop your career in a dynamic organization.

What working at EY offers

EY offers a competitive remuneration package where you’ll be rewarded for your individual and team performance. We are committed to being an inclusive employer and are happy to consider flexible working arrangements. Plus, we offer:

• 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 that’s right for you

About us

EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. In Singapore, we have a history of 129 years, with over 150 partners and close to 3,100 people offering services to a wide-ranging clientele consisting of multinational companies, private companies and public sector organizations. The Singapore firm is part of an integrated Asia-Pacific area, which comprises more than 40,000 people in 22 countries, contributing to our total global headcount of nearly 250,000 people working across 152 countries.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world.

For further information, and to apply, please visit our website via the “Apply” button below.