Quantitative Analyst - FSRM - QAS - Banking Book - FSO - Manager - Multiple Positions - 1552069

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) (1552069), Ernst & Young U.S. LLP, Boston, MA. 
 
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, 40-45 hours per week, 8:30 am – 5:30 pm. 

 

MINIMUM 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
- 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 
- Matlab.
 
Requires domestic and regional travel up to 30% to serve client needs. 
 
Employer will accept any suitable combination of education, training, or experience.

 

Please apply on-line at ey.com/en_us/careers and click on "Careers - Job Search”, then “Search Jobs" (Job Number - 1552069).
 

  What we offer   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 for this job is $160,525.00 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. 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.

  If you can demonstrate that you meet the criteria above, please contact us as soon as possible.   The exceptional EY experience. It’s yours to build. EY | Building a better working world   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.   Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.   Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.   EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.   EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, type Option 2 (HR-related inquiries) and then type Option 1 (HR Shared Services Center), which will route you to EY’s Talent Shared Services Team or email SSC Customer Support at ssc.customersupport@ey.com   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 https://www.gpo.gov/fdsys/pkg/CFR-2011-title20-vol3/pdf/CFR-2011-title20-vol3-sec656-3.pdf 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."