EY Hiring for Strategy and Transactions – Quantitative Finance & Economics- Manager Job at Chicago, IL Full Time

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.

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

• 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 5 years of related work experience; or a graduate degree and at least 4 years 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
• Minimum of 3 years relevant experience with a national consulting or accounting firm, or in investment banking, private equity/venture capital or commercial banking
• 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 working at EY offers

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, both pension and 401(k) plans, a minimum of three weeks of vacation plus ten observed holidays and three paid personal days, and a range of programs and benefits designed to support your physical, financial and social wellbeing. Plus we offer:

• Support and coaching from some of the most engaging colleagues in the profession

• Opportunities to develop new skills and progress in your career

• Gained flexibility through two-way communication and commitment with your engagement teams

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. Apply now.

Ernst & Young LLP, an equal employment opportunity employer (Females/Minorities/Protected Veterans/Disabled), values the diversity of our workforce and the knowledge of our people. To learn more about career opportunities at EY, please visit us at www.ey.com/us/careers

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.

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  Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
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  Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
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  Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
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  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, 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 individuals with disabilities. If you are a qualified individual with a disability and either need assistance applying online or need to request an accommodation during the interview 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 [email protected].