Jobs in China

Serve as a Strategy and Transaction professional to prepare and execute mergers and acquisition plans to maximize synergies and financial benefits from transactions focusing on the technology functional area. Understand the factors that drive successful mergers and acquisitions, and apply knowledge of the organizations involved in a deal to drive operational value. Provide operationally focused support and advice across the transaction life cycle (including carve-out, due diligence and integration), whether supporting an acquirer or seller. Focus on enhancing value, accelerating implementation and managing operational transaction risk. Provide support and advise on transactions in the Information Technology functional area.

Full time employment, Monday– Friday,40hours per week, 8:30 am – 5:30 pm.

MINIMUM REQUIREMENTS:

Must have a Bachelor’s degree in Business, Accounting, Finance, Engineering, Computer Science, Analytics or related field and 5 years of progressive, post-baccalaureate work experience. Alternatively, will accept a Master’s degree in Business, Accounting, Finance, Engineering, Computer Science, Analytics of related field and 3 years of work experience.Must have 3 years of experience in making detailed assessments of technology, finance, operations or supply chain infrastructure, of which 2 years should be for the integration or separation of client operations.

Must have 2 years of experience in a consulting environment.

Must have 2 years of experience in business integrations, divestitures, or carve-outs including experience with quantitative and qualitative analysis.

Must have 1 year of experience with IT pre-deal and post-deal due diligence.

Must have 2 years of experience in at least two of the following:
- IT risk assessment
- IT strategy
- IT process, risks & controls
- IT applications, operating systems, and databases - Oracle, SAP, UNIX, Windows, Mainframe etc.,
- IT change management
- IT organization transformation
- IT operations and infrastructure
- Systems Development Lifecyle (SDLC) concepts
- Data analytics and visualization
- Robotic process automation capability design
- IT cost modeling.

Employer will accept any suitable combination of education, training or experience.

What we offer

We offer a comprehensive compensation and benefits package where you’ll be rewarded based on yourperformance and recognized for the value you bring to the business. The base salary for this job is $137,717.00 per year. 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.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

This particular position at Ernst & Young in the United States requires the qualified candidate to be a "United States worker" as defined by the U.S. Department of Labor regulations at 20 CFR 656.3. You can review this definition at at the bottom of page 750. Please feel free to apply to other positions that do not require you to be a "U.S. worker".

Your key responsibilities

• Assist Assurance team or client for financial instrument valuation (derivatives, securities, or cross asset class structures), model validation review, risk model review and any risk related advisory projects
• Participate in projects to help our clients on Quantitative Risk managements with a Market Risk focus
• Demonstrate strong technical capabilities, professional knowledge, and ability to quickly assimilate new knowledge. Stay abreast of new developments in valuation and risk management methodology, current market practices in risk-finance alignment and theirs corresponding regulatory requirements

• Consistently deliver quality client services within expected timeframes and on budget

• Monitor project progress, manage risk and ensure key stakeholders are kept informed
• lead a team to develop new approaches and ideas to fit client needs, by utilizing various quantitative and qualitative analysis, assessments and techniques

Skills and attributes for success

• Strong knowledge in financial instruments and market risk and assimilate new knowledge and stay abreast of new developments in advisory services capabilities, reserving and allowance, advanced analytics, regulatory expectations, and current business and industry trends relevant to our clients
• Strong business sense, analytical thinking, consultation and interpersonal skills with high commitment to delivery excellence
• Have functional knowledge related to some of the following: broad market risk management for banks and other financial institutions, derivatives valuation, applicability of models in the content of Fundamental Review of the Trading Book (FRTB) requirement, model development, model validation.
• Communicate and interpret deep technical concepts to both technical and non-technical client stakeholders
• Understand our clients’ needs and consistently deliver quality client services focusing on more complex, judgmental, and/or specialized issues
• Demonstrate ability to perform in a high-pressure environment
• Cultivate business development opportunities

To qualify for the role you must have

• Master or Bachelor degree in Quantitative Finance, Financial Engineering, Mathematics, Statistics, Engineering or other numerical subjects from a reputable institution; an advanced degree and professional certification (e.g. FRM / CFA) will be a bonus
• 2 years+ experience within a consulting firm, a bank or other financial institution’s risk management, valuation control, quantitative analytics related business functions, preferable with experiences about pricing and modeling financial derivatives, structured notes and complex financial instruments, and/or capital management and associated regulatory requirements with Basel III and FRTB

• Fluent in English and Chinese (both written and verbal). Knowledge in Mandarin would be an advantage. Non-Chinese speaker will also be considered based on individual merits

Ideally, you’ll also have

• Previous programming experience in languages such as VBA, Python or MATLAB would be an advantage
• Experiences with vendor software (e.g. Bloomberg, Numerix, Refinitiv) will be a plus
• Ability to positively engage and develop relationships with multiple stakeholders
• Possess the desire and ability to work closely with quantitative and technology professionals on engagements
• Knowledge in hedge accounting under IAS 39/IFRS 9 is a plus

What working at EY offers

• 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

The team you will be working with across FSRM will complement your scope of work with deep knowledge in:

• Undertaking risk management advice, remediation and transformation
• Conducting risk management framework design and operational effectiveness
• Regulatory and compliance consulting
• Enterprise risk and controls consulting
• Professional risk support for consulting, internal and external audit services
• Future operating models
• Responding to regulatory criticism and regulatory preparedness
• Providing guidance on current and emerging control practices
• Advising clients on risk culture, conduct and accountability regimes and practices
• Conducting important proactive assessments and assurance around the effectiveness of controls and company processes, while also providing objective consulting support

Your key responsibilities

Business development and management of EY projects with respect to:

• Substantive matters of current and emerging HKMA, SFC, and global regulatory expectations regarding ESG and Climate Risk
• Strategy setting and implementation of net-zero commitments made by our clients
• Advice and guidance on structuring client organizational model (people, process and technology) for ESG / climate risk
• Structure and function of compliance roles and responsibilities and business models
• Understanding of ESG and Climate aligned technology and data solutions including fintech and regtech innovation
• Regulatory change management including planning and communication with regulators
• Policy development efforts in Hong Kong
• Climate Risk Management Framework Development
• Revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirements
• Collaboration with our ESG / climate risk professionals in other parts of the globe (Americas, EMEIA and APAC) on ESG / climate risk

To qualify for the role you must have

• A university degree majoring in sustainability, climate risk, accounting, information systems, data, business or legal related subjects
• At least 3+ years of solid experience in ESG / Sustainability preferably within the financial services industry, either in a consulting role or in-house. In-depth knowledge of regulatory compliance and risk management is a must. Candidates with lesser experience will be considered at Manager Level
• Robust practical experience of internal controls, regulatory compliance, risk governance and related operational knowledge
• Familiarity with Financial Services domain and the regulatory environment of Hong Kong with experience in liaising with HKMA and SFC. Regional experience would be an advantage.
• Good command of both written and spoken English; dual language skills are a plus
• Ability to interact with executive levels of clients, regulators and EY management
• Good influencing skills and stakeholder relationship management skills, advanced conflict management/resolution skills and project coordination experience
• Strong report-writing skills, with ability to create and organize varying forms of business information while developing it into clear, meaningful, professional reports and presentations
• Industry related certification is a plus (e.g., FRM, CPA/ CA, CFA, GARP SCR)
• Sustainability certification is a plus

What working at EY offers

• Support, coaching and feedback from some of the most engaging colleagues around
• A variety of roles and client experiences, you will have the opportunity to work on multiple client projects solving complex problems across financial services
• 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