Ernst & Young

EY-Parthenon - Corporate Finance - Quantitative Finance and Economics - Senior Associate

Ernst & Young$135K — $212K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or advanced degree in finance, mathematics, economics, or related field
  • Minimum 1 year of relevant work experience
  • Proficiency in Python, R, Matlab, or VBA
  • Experience with financial instruments like options and derivatives
  • Strong analytical and communication skills

Responsibilities

  • Advising clients on corporate finance and financial instrument valuations
  • Conducting market research and analysis
  • Developing complex valuation models
  • Utilizing proprietary models for financial assessments
  • Employing data visualization and machine learning techniques
  • Presenting analyses to team and clients
  • Performing due diligence on credit risks

Benefits

  • Comprehensive benefits package including medical and dental coverage
  • Flexible work environment with a hybrid model
  • Flexible vacation policy allowing self-determined time off
  • Professional development with future-focused skills training
  • Supportive culture promoting diversity and inclusion
Full Job Description
Location: New York, Atlanta, Boston, Chicago, Denver, Los Angeles, McLean, Hoboken, San Francisco

The opportunity

EY-Parthenon's unique combination of transformative strategy, transactions and corporate finance delivers real-world value - solutions that work in practice, not just on paper. Benefiting from EY's full spectrum of services, we've reimagined strategic consulting to work in a world of increasing complexity.

With deep functional and sector expertise, paired with innovative AI-powered technology and an investor mindset, we partner with CEOs, Boards, Private Equity and Governments every step of the way - enabling you to shape your future with confidence.

Our Quantitative Finance & Economics team is part of the EY-Parthenon Corporate Finance practice. We advise our clients on the economics and valuation of complex financial securities through the application of sophisticated techniques in the areas of corporate finance, data & economic analysis, and financial engineering. Our work spans different disciplines in the capital markets, including equities, fixed income, credit, derivatives, and the structured products markets. If you're passionate about delivering the highest quality advice to clients, this rapidly growing team is perfect for you.

As a member of our team, you'll work on a broad variety of financial instruments and perform analyses for many purposes including assisting clients with their corporate finance strategy, M&A transactions, and regulatory reporting, to name a few. You'll be working in an intensive learning environment in which you will be a key team member developing new solutions and models, performing research and analyses, raising issues and challenging assumptions. In return we'll support you throughout your career and offer you an outstanding environment in which to develop your skills and make an impact. You will have the opportunity to be part of a larger EY-Parthenon - Corporate Finance team that creates and delivers broad, analytics-enabled solutions that align to our client's focus on finance strategy, buy and integrate, sell and separate decisions, and reshaping of results.

You will be seen as an expert in quantitative finance and in the analysis and valuation of complex financial instruments. As part of an innovative, cutting edge group that solves complex and challenging problems, you will also hone your communication and client delivery skills by becoming accustomed to presenting our complex analyses to audiences with highly diverse technical backgrounds. By joining our team, you'll be part of a culture in which drive, collaboration, enthusiasm, and the willingness to try new methods and approaches are the keys to success.

Your key responsibilities
  • Advising clients on corporate finance and the valuation of complex financial instruments.
  • Conducting research on the fixed income and equity markets and on individual companies.
  • Developing valuation models, including binomial lattice and Monte Carlo simulation models.
  • Using our proprietary valuation models for valuing financial instruments, estimating market parameters and inputs for valuation models.
  • Analyzing financial instruments using data visualization tools, modern statistics, and machine learning techniques.
  • Presenting your results and findings to the team and to clients.
  • Analyzing and performing due diligence on credit and expected losses.
  • Working with clients to establish valuation processes and documentation.


Skills and attributes for success

  • Strong financial and quantitative analysis skills.
  • Strong problem-solving skills.
  • Excellent verbal and written skills.
  • Intellectual curiosity.


To qualify for the role, you must have

  • A bachelor's degree and at least 1 year of related work experience; or a graduate degree and at least 1 year of related work experience; or an advance degree (master's or Ph D.) in a quantitative discipline, such as finance, mathematics, statistics, financial engineering, engineering or economics.
  • Demonstrated aptitude to quantitative and qualitative analysis of financial instruments which may include options, warrants, fixed income & hybrid securities, structured products and other derivatives.
  • Proficiency in at least one of the following programming languages: Python, R, Matlab, or VBA.
  • Knowledge of Bloomberg, Thomson Reuters, or Capital IQ is a plus.
  • Experience in developing web-based applications and working with large datasets is a plus.
  • Ability to work within a given budget and schedule, providing top-quality results in a fast-paced, dynamic environment.
  • Proficient in the English language, including the ability to listen, understand, read and communicate effectively, both in writing and verbally, in a professional environment.
  • Ability to work independently and as part of a team prioritizing multiple tasks, deadlines, and project stakeholders.
  • A strong work ethic, strong communications skills, and demonstrate an ability to work in a dynamic environment full of new challenges and ideas
  • You must either reside in or be in a commutable distance to your office location for this position.
  • The ability and willingness to travel and work in excess of standard hours when necessary. In certain circumstances, travel may be required beyond your work location based on client and project needs.


Ideally, you will have

  • Achievement of or significant progress towards a CFA, FRM, PRM or ASA/AM designation is a plus, with an expectation of the completion of one designation within a given timeframe.
  • Knowledge of how to leverage firm-approved AI tools in a business setting, including Microsoft Copilot.


What we look for

We are interested in talented professionals with the ability to visualize our clients' goals and think creatively to facilitate them. If you have an entrepreneurial spirit, and a genuine passion for taking on new challenges, this role is for you.

What we offer you
At EY, we'll develop you with future-focused skills and equip you with world-class experiences. We'll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more.
  • We offer a comprehensive compensation and benefits package where you'll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $113,100 to $186,700. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $135,700 to $212,200. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
  • Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year.
  • Under our flexible vacation policy, you'll decide how much vacation time you need based on your own personal circumstances. You'll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.


Are you ready to shape your future with confidence? Apply today.
EY accepts applications for this position on an on-going basis.

For those living in California, please click here for additional information.

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.

About Ernst & Young

Ernst & Young (EY) is a multinational professional services firm that provides audit, tax, consulting, and advisory services to clients in a wide range of industries. The firm was founded in 1989 through the merger of Ernst & Whinney and Arthur Young & Co., and has since grown to become one of the largest professional services firms in the world. EY is committed to building a better working world by helping its clients solve their toughest challenges, and by creating a positive impact on the communities it serves.
Learn more about Ernst & Young
Size
300,000 employees
Industry
Founded
1989

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