Assistant / Senior (Valuation – Credit Track), Financial Services – Financial Accounting Advisory
Assistant / Senior (Valuation – Credit Track), Financial Services – Financial Accounting Advisory Services
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 accelerate analytics, decision-making and innovation to build a stronger and more efficient finance function.
With so many offerings, you have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That’s how we develop outstanding leaders who team 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 whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
About the opportunity
Within EY’s Financial Accounting Advisory Services (Financial Services) practice, Valuation team supports Assurance teams with collaborative testing of various models used for the purpose of financial reporting. The services we provided within EY cover a broad spectrum of responsibilities faced with respect to financial instruments valuations and expected credit loss modelling. 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, Loans etc) and various industry sectors (e.g. banking, private equity, hedge funds, transportations, commodity, utilities, oil & gas, REITS, internet-based firms, etc).
The Valuation team at EY uses sophisticated techniques from financial engineering to credit modelling to assist clients to develop risk models for pricing, valuation, risk management and regulatory compliance purposes.
Your key responsibilities (Credit track)
- Credit Modelling
- Perform model development and model validations on credit risk models for Basel and IFRS 9 purposes
- Identify sources of model risk through comprehensive review of all model components and developmental evidence and challenging the assumptions and basis of which the components are being derived
- Employ statistical modelling methodologies in performing validation and produce results to be analyzed from statistical as well as business perspective.
- Keep updated on industry developments in terms of regulatory requirements and best practice modelling techniques
- Write high quality model validation reports and/or presentations
- Project Management
- Technically contribute to managing projects which includes packaging overall project findings into clear, concise and high-quality deliverables
- Ensure all modelling tasks are completed timely
- Data Analytics
- Design meaningful application of data analytics to be used for auditing financial numbers including developing toolkit for data mining and work paper documentation standards
- Use data analytics to provide actionable, timely and accurate data to drive business insights around customer, regulatory risk, compliance, operations and financial to achieve greater return on investment.
- Build valuable relationships with external clients and internal peers
- Challenge yourself to continually learn and teach, mentoring others while developing your own career through various exposures in client projects
Skills and attributes for success
- Work effectively as a team member, sharing responsibility, providing support, maintaining communication and updating team members on progress
- Highly motivated, ability to multi-task, work independently under minimum supervision and deliver top-quality results in a fast-paced, dynamic environment
- Dedicated, innovative, resourceful, analytical and able to work under pressure
- Excellent analytical and problem-solving skills
- Strong written and verbal communication skills
- Strong drive to excel professionally, and to guide and motivate others
- Advanced written and verbal communication skills
- Demonstrate integrity, values, principles, and work ethics within a professional environment
To qualify for the role, you must have following attributes:
- Bachelor's or master's degree in a quantitative field e.g. mathematics, statistics, quantitative finance, data science, business analytics, physics, financial engineering or engineering with programming skills
- For senior role, minimum 2 years of relevant experience in any of the following areas: Capital Management, Model Development & Validation, Stress Testing, Risk Management IT implementation
- Experience in working in a team-oriented environment with proven track record of managing teams and delivering in fast-paced and demanding environments
- Experience in analytical and risk management tools/systems (e.g. SAS, R, Python, VBA, MATLAB, QlikView, Power BI, Excel, ACL, Python, R)
- Strong analytical skills with the ability to collect, organize, analyse, and disseminate significant amounts of information with attention to detail and accuracy
- Strong written communication and presentation skills to multiple levels of management and teams
- Proven ability to work autonomously and in teams
- Fresh grads are welcomed
Ideally, you'll also have
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
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture and believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a life time. And with a commitment to hiring and developing the most passionate people, we'll make our ambition to be the best employer by 2020 a reality.
Join us in building a better world world.
For further information, and to apply, please visit our website via the “Apply” button below.