EY FSO - Consulting BC Derivatives Valuation/Market 

China, Hong Kong, Hong Kong Island 

950382927

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
• 5-8 years of 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