EY 2017 Hong Kong Fall Internship - Advisory - Risk in Hong Kong, China

Title: 2017 Hong Kong Fall Internship - Advisory - Risk

Location: CN-Hong Kong-Hong Kong

Job Number: HON002DG

EY is a global leader in assurance, tax, transactions and advisory services. Worldwide, our 231,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

What you can gain from this internship program

If you are considering about a career with EY, start ahead by joining our internship program. This program helps you understand what a career with us might be. Through our internship program, you should be able to gain a more realistic view of our business and workplace environment while we can get to know you better and provide you the platform to gain the knowledge and skills you need to begin your professional career with EY.

Background to Risk

Risk management protects business performance and contributes to sustainability in results. It is about achieving a clear understanding of risks and developing plans to manage them. As part of our team of risk professionals, you will work with multinational businesses and public sector organizations to develop and integrate holistic approach to risk and control.

Underpinning our risk capabilities are our strengths and skills in day-to-day operations, management and strategic decision-making. These skills are concentrated in the four supporting areas of:

· People and organizational change

· IT advisory

· Strategic direction

· Program management

Qualifications:

Area: Accounting and Finance

Key Responsibilities:

  • Assist in implementing new accounting standards for financial institutions; perform impact assessment for the adoption of the new standard; in particular, perform market data capturing and collection, analysis and implementation

  • Assist in preparing system requirement for system enhancement

  • Perform analytical procedures to understand the business activities of the financial institutions

  • Assist in drafting the policy and procedure manuals for financial institutions in relation to the adoption of the new accounting standards

  • Perform derivative pricing for financial reporting and risk management purposes; in particular, performing market data capturing, pricing model assessment, analysis and implementation

  • Perform impact assessment on the adoption of new accounting standard; in particular, performing pros and cons analysis and fair value measurement for different financial instruments

  • Assist in risk management services in the treasury area, including asset liability management, liquidity risk management, capital management, funds transfer pricing (FTP) and other treasury activities

  • Assist in the advisory work on the risk governance and/or regulatory compliance (e.g., IFRS, HKMA, SFC, BCBS compliance)

Requirements:

  • Penultimate or final year in pursuing a Bachelor’s degree or above in all disciplines, especially with an emphasis on Accounting, Finance or related majors

  • Excellent written and spoken English and/or Chinese; fluent in Mandarin is preferred

  • Strong analytical, teamwork and organizational skills, positive attitude and enthusiasm in the performance of responsibilities

  • Able to work independently and under pressure

  • Proficient in Microsoft Office Suite; experience in Bloomberg and/or Reuters is preferred

  • Programming experience in Excel VBA is preferred

  • Familiar with banking business and financial instruments, i.e., fixed income securities is preferred

  • Experience in derivatives pricing, quantitative finance and/or market risk management is preferred

  • Mathematics or statistics related background

Internship period and duration

September to December 2017 (4 months)

Area: Quantitative Advisory Services

Key Responsibilities:

  • Perform derivative pricing for financial reporting and risk management purposes; in particular, performing market data capturing, pricing model assessment, analysis and implementation

  • Perform market risk model validation (e.g., VaR, valuation models)

  • Assisting in statistical modeling in risk management advisory projects

  • Conduct research and involving in implementation on credit risk modeling, impairment modeling, predictive modeling and behavior modeling

  • Perform qualitative and quantitative analysis on credit risk projects

  • Assist in risk management services in the treasury area, including asset liability management, liquidity risk management, interest rate risk management, capital management, funds transfer pricing (FTP) and other treasury activities

  • Assist in the advisory work on the risk governance and/or regulatory compliance (e.g., HKMA, SFC, BCBS compliance)

Requirements:

  • Penultimate or final year in pursuing a Bachelor’s degree or above in all disciplines, especially with an emphasis on Quantitative Finance, Risk Management, Mathematics, Actuarial Science, Statistics, Data Science, Finance or related majors

  • Excellent written and spoken English and/or Chinese; fluent in Mandarin is preferred

  • Strong analytical, teamwork and organizational skills

  • Positive attitude and enthusiasm in the performance of responsibilities

  • Able to work independently and under pressure

  • Proficient in Microsoft Office Suite; experience in Bloomberg and/or Reuters is preferred

  • Programming experience, i.e., Excel VBA, MATLAB, R, SQL, SAS, Java, is preferred

  • Basic knowledge in Basel requirements is preferred

  • Experience in derivatives pricing, quantitative finance, market risk management, credit risk management, statistical modeling or data analysis is preferred

Internship period and duration

September to December 2017 (4 months)

Area: Risk Technology

Key Responsibilities:

  • Assist in execution of a wide range of financial risk advisory projects

  • Prepare pre-sales materials and client proposals

  • Design and develop scripts using scripting language (e.g., Java, Python, Perl, VB)

  • Design and develop toolkit to support data migration for financial system using scripting languages and database structured query languages

  • Design and document user manual

  • Design, document and execute test cases

  • Provide and develop customized services to our clients for them to fulfill regulatory and business requirements

  • Perform technology and business analysis using UML

  • Conduct researches on specific technology risk management topic

  • Perform gap analysis, review and implementation of technology risk management framework

  • Participate in design and set-up of technology risk management function, requirement, process and system

Requirements:

  • Penultimate or final year in pursuing a Bachelor’s degree or above in all disciplines, especially with an emphasis on Quantitative Finance, Risk Management, Data Science, Statistics, Financial Technology, Computer Science, Computer Engineering, System Engineering, Information Engineering, Information Technology, Information System or related majors

  • Excellent written and spoken English and/or Chinese; fluent in Mandarin is preferred

  • Strong analytical, teamwork and organizational skills

  • Positive attitude and enthusiasm in the performance of responsibilities

  • Able to work independently and under pressure

  • Experience with strong programming language or statistical tool, i.e., SAS, R, Java, Python, C/C , VB, MATLAB or SQL

  • Experience in the relevant industry is preferred

Internship period and duration

September 2017 to August 2017 (12 months)

To apply

Submit an online application at www.ey.com/cn/careers, with your CV, cover letter and academic transcripts, stating your availability of the internship period on or before 28 July 2017 .

Who we are

At EY, we support you in achieving your unique potential wherever you are in the world - both personally and professionally. We give you stretching and rewarding experiences that keep you motivated, working in an atmosphere of integrity and teaming with some of the world's most successful companies. And while we encourage you to take personal responsibility for your career, we support you in your professional development in every way we can. You enjoy the flexibility to devote time to what matters to you, in your business and personal life. At EY, we know it's your point of view, energy and enthusiasm that make the difference.