USA - Consulting - Financial Services - Quantitative Advisory Services - Staff

Will you shape the future or will the future shape you?

The opportunity

At EY Consulting, we are building a better working world by transforming businesses through the power of people, technology, and innovation. Our clients are at the heart of what we do. We're focused on solving the key issues of our client buyers, building deeper relationships, and generating lasting value with significant impact.

Our firm sets the standard for consulting services, fostering an environment that encourages career ownership at every stage. As a part of our team, you'll be at the forefront of this dynamic service line, driving change and delivering solutions that revolutionize business operations. You'll help our clients in transformation and innovation efforts: driving growth, reducing costs, and managing risks proactively.

In our Financial Services team, we build a better working world by rallying together to solve the most complex challenges. We accomplish this by building trusted relationships, keeping an open mind, going all in, being bold and courageous, and taking risks worth taking. We help build a financial services industry in which financial institutions are trusted, customers' financial goals are attainable, and the global economy is growing and secure. In today's complex business environment, that means understanding the relationship between risk, the regulatory environment, and performance improvement, and applying our knowledge to help clients achieve their business objectives.

Your key responsibilities

In our Financial Services Organization (FSO), the Quantitative Advisory Services (QAS) group operates as an integral component of a broader team that provides comprehensive quantitative risk management services to help identify, measure, manage and monitor the market, credit, operational and liquidity risks, asset-liability management, capital management, and other business activities of our clients across the Banking & Capital Markets, Insurance and Wealth & Asset Management sectors. The QAS team is specifically dedicated to projects focused on development, implementation, testing, validation and other quantitative services of analytic models, which are utilized in, but not limited to:

• risk management including market risk, credit risk (including counterparty credit risk, wholesale / retail), liquidity / treasury risk, operational risk, compliance risk (including Financial Crime risk), climate risk, etc

• regulatory capital analytics including Basel III / Fundamental Review of the Trading Book (FRTB), and Comprehensive Capital Analysis and Review (CCAR)

• front office derivative pricing across various asset classes (e.g., interest rate, foreign exchange, equity, credit, commodity and structured products)

• banking book credit analytics, including loss forecasting, reserves/CECL, and PPNR (Pre-Provision Net Revenue)

• balance sheet management

• wealth and asset management

The QAS team also adeptly leverages advanced analytics applications, featuring Artificial Intelligence / Machine Learning (AI / ML), including Generative AI (GenAI) capabilities empowering the delivery of unparalleled insights and solutions to the clients.

This is a highly collaborative area, where you'll always have the support of your team while working on multiple high-profile projects. It's a challenging specialist area, so we won't expect you to hit the ground running - you'll learn as you go. That doesn't mean you won't have your own responsibilities though, so if you're naturally curious, are genuinely interested in this area and are ready to engage with our clients, there's no limit to how far you can go here.

Skills and attributes for success

To qualify for the role, you must have:

• A strong academic record with Master's degree in Computational / Quantitative Finance, Mathematics, Physics, Engineering, Statistics, Economics, Computer Science etc.

• Capability to effectively program computer routines using one or more languages such as C++, Java, Python, VBA, SAS, R, and SQL

• The ability to work collaboratively in a team environment, demonstrate inclusivity, and embrace diverse perspectives

• Excellent presentation skills and the ability to communicate complex concepts effectively to all audiences

• Intellectual curiosity, the ability to take initiative and drive execution, with advanced analytical and problem-solving skills within a dynamic and evolving business landscape

• Exhibits an agile and growth-oriented mindset

• Access to reliable transportation to/from the EY office and client sites. A driver's license is strongly recommended as ride share and public transportation options may not be available in all locations.

• 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.

• The expectation for this role is in person teaming, at client site or in an EY office, on average 3 days a week depending on the needs of the engagement, project, or practice area.

• Immigration sponsorship may be available.

Ideally, you will have:

• Proficiency in statistical and numerical techniques, and stochastic calculus

• Familiarity with trading and banking products and services, along with the applicable methodologies and financial risk analytics, including an understanding of the key concepts of derivative instrument pricing, risk measurement and credit assessment

• Enthusiasm to develop and integrate quantitative skills in the design and execution of business services

• Knowledge of how to leverage firm-approved AI tools in a business setting, including Microsoft Copilot.

What we offer you

At EY, we harness our collective strength to empower you to shape your future with confidence through professional growth, personal fulfillment and an inclusive culture. Learn more at ey.com/us/careers.

• 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 $90,000 to $100,000. 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.

• 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.

• To make the most of your application experience, please limit yourself to two applications within a six-month period.

• To learn more about our anticipated application deadlines, please visit www.ey.com/us/application-review.

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

• At EY, our values set the foundation for how we work and the behaviors we expect of our people. Any misrepresentation or falsification of information or lack of integrity at any point in the recruiting process may result in withdrawal of your candidacy, revocation of an offer or immediate termination of employment.