Quant & Analytics Consultant - Financial Services Risk Consulting

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. The opportunity: your next adventure awaits Our Financial Services Risk Advisory team is responsible for both consulting and audit projects across various areas of Risk Management for Financial Services clients (e.g., banks, insurance companies, clearing houses, and private equities). We are looking for a Quantitative Risk Consultant for our Zürich office. Join our dynamic department to tackle complex challenges and contribute to the future of the financial services industry! At EY, you will have the opportunity to advance your career in a supportive and inclusive environment, leveraging global resources and technology to enhance your professional growth. We value your unique voice and perspective to help EY become even better. Join us and create an exceptional experience for yourself, and a better working world for all. Your key responsibilities As a Quantitative Risk Consultant at EY, you will be an integral part of our team, engaging in impactful projects from day one. Within our Quant & Analytics team, you will gain exposure to a wide range of quantitative aspects of risk management. You will have the opportunity to contribute to projects that align with your expertise, ensuring a rewarding and enriching experience. You will work with a diverse portfolio of high-profile domestic and international clients across all areas of financial risk. Potential projects where you can contribute to: Support our advisory as well as financial and regulatory audit engagements with leading financial institutions in risk management by: Reviewing and developing quantitative models for measuring various risk types (market risk, credit risk, operational and fraud-related risks). You will perform statistical and quantitative analysis to validate models and present results internally, to clients, and to regulators via dedicated memos and presentations. Valuating financial products and contracts: you will gain a comprehensive overview of current and latest trends in structured products and derivatives, the valuation techniques behind them, and their industry application for different client needs. Analyzing the risk management function and risk appetite of our clients and assessing adherence to market, credit, liquidity, and operational risk regulatory requirements while establishing processes that enable an effective and controlled application of models along the whole lifecycle. Designing and establishing AI governance and risk management frameworks in financial institutions by considering regulatory guidance, fostering innovation as well as identifying and measuring AI related (model) risks. Supporting non-financial risk engagements in sustainability and climate risk and integrating those into existing risk frameworks. You will be supported by a "counselor" who will guide you throughout your career development. What we look for You hold an MSc or PhD in a quantitative field (mathematics, physics, statistics, financial or computational engineering, econometrics) and might have 1-3 years of relevant professional experience in a consulting environment, a financial risk management team or a model development/validation team in the financial industry. A strong interest in financial risk management and proven experience in applying new and classical quantitative techniques to solve risk management problems. Profound analytical skills and the ability to combine method, rigor, and transversal skills. Programming experience in languages such as Python, R, C#, or VBA is an advantage. You are curious about innovation and new trends (such as AI, ML, LLM, and sustainability) in the banking and insurance sector. Excellent written and oral communication skills in English and German (French is an advantage). Skilled at explaining and simplifying complex topics to ensure understanding for different audiences. You are open-minded, with excellent interpersonal and communication skills, and the ability to demonstrate initiative and a flexible working style in a multinational team. What’s in it for you Here at EY, you’ll have the chance to build a truly exceptional experience. We’ll empower you with the latest technology and surround you with high-performing teams. Through our coaching and training programs, you’ll develop the skills you need - all while building a network of colleagues, mentors, and leaders who will be on the journey with you at EY and beyond. Inclusion is at the heart of everything we do. We are committed to fostering a workplace where everyone has equal access to opportunities. If you require any accommodation during the recruitment process, we are happy to support you. Click here to find out more about our benefits and corporate social responsibility. Are you ready to shape your future with confidence? Apply today. 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. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.