EY-Parthenon - Corporate Finance - Quantitative Finance and Economics - Senior Associate
Job description
At EY, we’re all in to shape your future with confidence.
We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.
Strategy and Transactions – Transactions and Corporate Finance, Quantitative Finance & Economics – Experienced Staff
Our Quantitative Finance & Economics team is part of the Transactions and 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.
The opportunity
As a member of our national 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 Transactions and 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.
What to expect
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 business English 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
· 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
· The flexibility and the willingness to travel occasionally
Ideally, you’ll also 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.
What we look for
We’re interested in people who are rigorous in their thought processes, are able to work under pressure and multitask, and are committed to meeting deadlines. You’ll also need plenty of enthusiasm, positivity and energy, paired with a thirst to learn. So, if you’re ready to bring eagerness and new perspectives, you’re a perfect fit for the Quantitative Finance & Economics team.
What we Offer
We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. 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.
Plus, we offer
· 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.
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.
EY | Building a better working world
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
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Nearest Major Market: Chicago