Complex Securities Valuation Manager

EY’s Valuation, Modelling and Economics team (VME) is looking to expand its existing Complex Securities business to capture exciting opportunities. As a result, we are looking for a Manager or an Executive with experience in the valuation of complex securities to grow our team to the next level.

VME work provides the opportunity for a variety of assignments, from office-based to client-based work, from an assignment that lasts a couple of days to very large assignments working as part of a multi-disciplinary team. The nature of the work is project-based and covers a spectrum of industries and asset classes. As no two projects are the same, the work requires a high level of adaptability, flexibility and innovation.

The Complex Securities team specialised in the valuation of illiquid securities using various quantitative pricing models. The services provided include valuation opinions regarding a wide range of complex financial products, developing valuation models, and reviewing such valuation opinions and models.

Valuation, Modelling and Economics is an integrated national team of over 30 people providing Business Valuation, Financial Modelling and Economic Advisory services.

Your key responsibilities

• Carry out valuations, modelling and pricing of complex financial products and derivatives.
• Develop solutions for external and internal clients based on sound quantitative models.
• Collect and analyse financial market data and time series.
• Prepare and present reports to support these analyses and solutions.
• Review complex quantitative models developed by clients or third parties.
• Assist senior consulting staff with analytic and presentational support.
• Work within available budgets and tight timelines while keeping the assignment manager updated with progress.

Skills and attributes for success

Suitable applicants will demonstrate numerate and analytical skills combined with knowledge of the fundamentals of valuation. Preferably, the applicants will hold an MSc or PhD in financial mathematics or a highly numerate subject.

The experience of the candidate will ideally include:

• At least two years of experience in the valuation of illiquid securities, such as employee stock options, preferred shares, alternative investments, convertible/callable debt and contingent considerations;
• Familiarity with credit risk assessment and synthetic credit rating approaches;
• Valuation for financial reporting purposes (such as IAS 39, IFRS 13 and IFRS 2 valuations);
• implementation of both valuation formulas (B&S model and variations) and numerical techniques such as binomial trees and the Monte Carlo technique.
• Experience in a financial consultancy firm will be a distinct advantage

Applicants will need to demonstrate strong technical modelling or programming skills, with expert knowledge of Excel and (preferably) VBA. In addition, they will be able to deliver to demanding deadlines, be a team worker and possess good communication skills, with the ability to communicate the essence of complex models and concepts to less technical personnel and clients.

What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. 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 EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. 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.

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.