Quantitative Analyst - FSRM - QAS - Banking Book - FSO - Manager - Multiple Positions - 1690793

HR Transformation Services • Hoboken, NJ

1d • Hybrid

About The Position

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. Quantitative Analyst, Financial Services Risk Management - Quantitative Advisory Services - Banking Book - Financial Services Office (Manager) (Multiple Positions) (1690793) , Ernst & Young U.S. LLP, Hoboken, NJ. Apply mathematical, statistical, and other quantitative techniques to help solve our clients’ complex business issues. Develop quantitative products used to assist clients in developing and validating credit risk modeling methodologies and performing the practical application of advanced analytics techniques. Apply mathematical and statistical techniques to understand how quantitative risk governance interacts with risk and control assessment processes, modeling, regulatory readiness, and risk reporting. Apply quantitative techniques to help institutions develop and validate risk measurement and valuation methodologies. Consistently deliver quality client services by monitoring progress. Demonstrate in-depth technical capabilities and professional knowledge. Maintain long-term client relationships and networks. Cultivate business development opportunities. Full time employment, Monday – Friday, 40 hours per week, 8:30 am – 5:30 pm.

Requirements

• Must have a Bachelor’s degree in economics, statistics, computational finance, mathematics, engineering, data science, physics, or a related field and 5 years of post-baccalaureate progressive quantitative analysis work experience.
• Alternatively, must have a Master’s degree in economics, statistics, computational finance, mathematics, engineering, data science, physics, or a related field and 4 years of quantitative analysis work experience.
• Alternatively, must have a Ph.D. in economics, statistics, computational finance, mathematics, engineering, data science, physics, or a related field and 2 years of quantitative analysis work experience.
• Must have 2 years of experience with statistical and numerical techniques, or technical analytics, including regression analysis or machine learning.
• Must have 2 years of experience communicating (written and oral) and interpreting technical concepts for technical and non-technical users.
• Must have 2 years of experience in two of the following: broad credit risk modeling and related analytics; retail modeling for at least one of the following: mortgage, credit card, or consumer loans; wholesale credit modeling for C&I, CRE or related exposures; credit loss forecasting for US GAAP, CECL or IFRS 9; model development; model validation; advanced analytics; and quantitative analysis supporting consumer regulatory compliance.
• Must have 2 years of consulting (advisory services) work experience.
• Must have 1 year of experience in one or more of the following: SAS or STATA; R; Python; and Matlab.
• Requires domestic and regional travel up to 30% to serve client needs.
• Employer will accept any suitable combination of education, training, or experience.

Responsibilities

• Consistently deliver quality client services by monitoring progress.
• Demonstrate in-depth technical capabilities and professional knowledge.
• Maintain long-term client relationships and networks.
• Cultivate business development opportunities.

Benefits

• comprehensive compensation and benefits package
• medical and dental coverage
• pension and 401(k) plans
• wide range of paid time off options
• flexible vacation policy
• 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
• Success as defined by you
• Transformative leadership
• Diverse and inclusive culture

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Ph.D. or professional degree