EY Assistant / Senior (Valuation – Credit Track), Financial Services – Financial Accounting Advisory Services in Singapore
Assistant / Senior (Valuation – Credit Track), Financial Services – Financial Accounting Advisory Services
Requisition # SIN005Q8
Post Date Jul 02, 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 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.
Yourkey responsibilities (Credit track)
Perform model development and model validations on credit risk modelsfor Basel and IFRS 9 purposes
Identify sources of model risk through comprehensive review of all modelcomponents and developmental evidence and challenging the assumptions and basisof which the components are being derived
Employ statistical modelling methodologies in performing validation and produceresults to be analyzed from statistical as well as business perspective.
Keep updated on industry developments in terms of regulatory requirementsand best practice modelling techniques
Write high quality model validation reports and/or presentations
Technically contribute to managing projects which includes packagingoverall project findings into clear, concise and high-quality deliverables
Ensure all modelling tasks are completed timely
Design meaningful application of data analytics to be used for auditingfinancial numbers including developing toolkit for data mining and work paperdocumentation standards
Use data analytics to provide actionable, timely and accurate data todrive business insights around customer, regulatory risk, compliance,operations and financial to achieve greater return on investment.
Build valuablerelationships with external clients and internal peers
Challenge yourself tocontinually learn and teach, mentoring others while developing your own career throughvarious exposures in client projects
Skillsand attributes for success
Work effectively as a teammember, sharing responsibility, providing support, maintaining communicationand updating team members on progress
Highly motivated, abilityto multi-task, work independently under minimum supervision and delivertop-quality results in a fast-paced, dynamic environment
Dedicated, innovative, resourceful,analytical and able to work under pressure
Excellent analytical and problem-solvingskills
Strong written and verbal communicationskills
Strong drive to excelprofessionally, and to guide and motivate others
Advanced written and verbalcommunication skills
Demonstrate integrity,values, principles, and work ethics within a professional environment
Toqualify for the role, you must have following attributes:
Bachelor's or master'sdegree in a quantitative field e.g. mathematics, statistics, quantitative finance,data science, business analytics, physics, financial engineering or engineeringwith programming skills
For senior role, minimum 2years of relevant experience in any of the following areas: Capital Management,Model Development & Validation, Stress Testing, Risk Management ITimplementation
Experience in working in ateam-oriented environment with proven track record of managing teams anddelivering in fast-paced and demanding environments
Experience in analyticaland risk management tools/systems (e.g. SAS, R, Python, VBA, MATLAB, QlikView,Power BI, Excel, ACL, Python, R)
Strong analytical skillswith the ability to collect, organize, analyse, and disseminate significantamounts of information with attention to detail and accuracy
Strong writtencommunication and presentation skills to multiple levels of management andteams
Proven ability to workautonomously 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.