EY Quantitative Advisory Opportunities - Credit Risk in England, United Kingdom

Title: Quantitative Advisory Opportunities - Credit Risk

Location: GB-England-London

Job Number: LON00BBK

EY is looking for a Quantitative Advisory Services Executive to join the Credit Risk team in our Canary Wharf offices.

Our EMEIA Quantitative Advisory Services (QAS) team works closely with other EY financial services risk practitioners, as well as our IT Advisory and Financial Accounting teams, bringing together the range of quantitative modelling and technical skillsets needed to support our clients’ highly specific and complex requirements. Driven by our strategic growth plans and industry change, our EMEIA QAS team is projected to see year-on-year growth over the next 3 years in our key hubs: the United Kingdom, Germany, France, Italy and Belgium.

We offer our clients comprehensive solutions to industry wide challenges, including IFRS 9, Stress Testing, FRTB, and derivative valuation and xVA.

As part of our team you will have the opportunity to work with many of the world’s leading banks, and to leverage the deep knowledge and wide ranging skills and experience of your QAS colleagues. You will deliver solutions to our clients that support the enhancement of liquidity risk management frameworks, helping to with improve client organizations’ governance, policies, processes and infrastructures.

As a Quantitative Advisory Services Executive you will technically contribute to external client engagements and internal projects. An important part of your role will be to actively establishing, maintaining and strengthening internal and external relationships. You will also identify and escalate potential business opportunities for EY on existing engagements.

The successful Quantitative Advisory Services Manager will lead client engagements and internal projects. You will also take the lead in identifying and escalating potential business opportunities for EY on existing engagements.

Similarly, you will anticipate and identify risks and raise any issues with senior members of the team. In line with our commitment to quality, you will determine that work is of a high quality and is reviewed by the next-level reviewer. As an influential member of the team, you'll help to create a positive learning culture and will coach and counsel junior team members and help them to develop.

As a Quantitative Advisory Senior Manager , you'll build valued relationships with external clients and internal peers and develop a portfolio of business by focusing on growth opportunities. You'll lead presentations and proposals for medium complex projects or elements of highly complex projects, and provide subject matter insight to bids and proposals. Drawing on your skills, knowledge and experience, you will create innovative commercial insights for clients, adapt methods and practices to fit client and cultural needs, and contribute to thought leadership. You will package overall project findings into clear, concise, high-quality work products and act as a subject matter resource in Market Risk, leveraging knowledge and experience to service client problems. Driving improvements in business processes, you will serve as a role model for Quality & Risk Management and make sure that project teams understand and comply with our Q&RM guidelines. As a respected senior professional you will communicate effectively with EY engagement partners and managers and work to build, manage and motivate high-performing teams, and help key staff to build sustainable competencies.

The person we are looking for:

  • Experience in Financial Services, either as part of an institution; in an advisory or business consulting capacity to such organisations or in the regulation of such institutions.

  • Strong academic background including at least a 2.1 Bachelor's degree (Computational Finance, Mathematics, Engineering, Statistics, or Physics preferred) or equivalent. / Professional Qualification e.g. CQF / CFA / FRM / PRM

  • Knowledge of Probability of Default (PD) / Loss Given Default (LGD) / Exposure at Default (EAD) / Internal Ratings Based (IRB) / Stress Testing

  • Knowledge of Credit Risk & Financial Services Regulation - experience in IFRS9

  • Modelling background

  • Experience in any of the following software development environments: VBA / Java / C / SQL / R / Matlab / .NET / SAS

Qualifications:

Who we are

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.