EY • Consultant Quantitative Risk Management • Financial Services

22 September 2023

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EY is currently seeking highly motivated individuals to be part of our Quantitative Advisory Services (QAS) team. You will use analytics and quantitative techniques to help our clients solve Financial Services Risk Management issues facing the financial services sector, drive business efficiencies, and manage risks in our client’s portfolios. Our team is engaged in high exposure quantitative service projects related to the development and validation of financial models used for managing market and credit risks and advanced analytics.

Our team brings deep industry knowledge and quantitative modelling experience to support our clients in the evolving regulatory landscape and financial services market. As a member of the QAS team, you will have the opportunity to work with a variety of clients, learn on the job, and build insight into the market landscape.

The opportunity – What future are you building towards?

As part of our Business Consulting practice, you’ll have the opportunity to team with a variety of QAS professionals and clients to deliver professional services and actively participate in our growing practice. You’ll work on client assignments that will help you deepen and broaden your skills, while gaining valuable and rewarding experiences. With each engagement, you can expect to build leadership, communication, and client management skills, as well as sharpen your problem-solving capabilities.

Our team – Do great minds always think alike?

Within the Financial Services Risk Management department, we provide advice to financial institutions on strategic and organizational challenges. We are organized around Prudential Risk, Enterprise Risk Management, and Quantitative Advisory Services. With these disciplines, as well as colleagues from the Technology Risk, Cyber Security, and Data Privacy teams, we work closely together. The FSRM team is very diverse, with a wide variety of personalities, skills, and more than fifteen different nationalities, which aligns with the broad diversity of challenges the team deals with on a daily basis.

Responsibilities – How can you make a lasting impact in a rapidly changing world?

  • Performing detailed data analysis to help clients solve business problems and complex issues in the financial services industry, including model development, documentation, testing, validation, benchmarking, and implementation.
  • Supporting the development of mathematical/statistical models used to develop analytical tools or financial instruments.
  • Applying quantitative techniques to help institutions develop and validate market and credit risk modeling methodologies.
  • Reaching conclusions, documenting results, and suggesting ideas for efficiencies.
  • Perform advanced analytical analyses and apply critical thinking to help our clients solve business issues.

Job requirements – Where do you start if you want to change the world?

  • A Master’s degree in Mathematics, Statistics, Data Science, Computer Science, Engineering, Physics, or a related field.
  • Experience working with one or more of the following languages: SAS, R, Python.
  • Ability to execute statistical modelling software routines and analytical programming requirements.
  • Excellent written and verbal communication skills for client presentations and project management.
  • Interest in financial services.

*Research shows that male candidates often apply if they see a 60% match with the profile, while women only apply if they see a 100% match. If you do not meet the above points but think this is the right position for you, we warmly invite you to apply anyway.

Already interested? Apply now!

What we offer – Is everything that counts being counted?

  • Salary: in addition to your fixed salary, depending on EY’s financial performance, you may be eligible for a bonus. You are also entitled to an expense allowance (depending on the position) and an internet allowance of €40 net per month
  • Flexible working: you decide where and when you work in consultation with your team. At home, at the office, at the client’s location, or from another European country (up to 20 working days per year)
  • Home office arrangement: to optimize your home office, EY provides the following resources for you: an office chair, a sit/stand desk, an external monitor, a desk lamp, a (Bluetooth) headset, and a large external keyboard
  • Time off: you are entitled to 29 vacation days per year when full-time employed and you have the option to purchase additional days.
  • Mobility: contribute directly to our ambition to reduce EY’s carbon footprint to zero by 2025. With the new scheme, you can choose from diverse sustainable options through the EY My Daily Travel app or online platform. This includes lease bicycles, electric shared scooters, electric shared cars, flexible lease cars, and various subscriptions for public transport. You can also track your CO2 footprint using the app

The office

Our office in Amsterdam is located in the Zuidas, a bustling area where many businesses are situated. In our Cross Towers, Anouchka and Lucia welcome up to 1.000 people every day upon arrival. Haven’t had breakfast yet? Taib will make his special smoothie for you or simply a delicious cappuccino. During the lunch break, the team of Hans and Mehdi will be ready with a fresh lunch for you. For a breathtaking view of Amsterdam, head to the 22nd floor. Collaborating takes on a new meaning with the Wavespace. This high-tech environment brings clients and colleagues together virtually from all over the world!

Due to laws and regulations, and because EY (and in some cases its clients) has high demands on the reliability and integrity of its employees, every new employee will be screened. Depending on your rank the pre-employment screening could contain the following: Certificate of Conduct (in Dutch: VOG) or – if requesting a Dutch VOG is not possible – Criminal Background Check of the country you are currently living or have lived during the last five years, integrity questionnaire, verification of ID, diploma’s and/or work experience and consultation of the Dutch insolvency registry. 

To learn more about working at EY, please visit the following link: What it’s like to work here | EY – Netherlands