Deloitte Financial Instrument Valuation & Market Risk Modeling - Manager in New York, New York
Deloitte is one of the leading professional services organizations in the United States, specializing in audit, tax, consulting and financial advisory services with clients in more than 20 industries. We provide powerful business solutions to some of the world s most well-known and respected companies, including more than 75 percent of the Fortune 100.At Deloitte, you can have a rewarding career on every level. In addition to challenging and meaningful work, you ll have the chance to give back to your community, make a positive impact on the environment, participate in a range of diversity and inclusion initiatives, and find the support, coaching, and training it takes to advance your career. Our commitment to individual choice lets you customize aspects of your career path, your educational opportunities and your benefits. And our culture of innovation means your ideas on how to improve our business and your clients will be heard.We are looking for professionals with technical finance and client service skills to join our dynamic and growing Valuation & Modeling practice. Our team offers a range of consulting services in the areas financial instrument valuation, modeling, model development, model validation, risk management, and valuation and model governance. If you're interested in helping clients navigate through topical challenges from regulatory to operational initiatives, then our team is the right place for you. With hands on experience you will have an opportunity to serve as a valued advisor to our clients across various industries. Work you ll doAs a Manager in our Valuation & Modeling team you will:Provide valuation and modeling expertise related to derivatives, fixed income, equity and other complex financial instruments to both internal and external clientsProvide services related to quantitative modeling, model review and model validationAssume responsibility for managing engagements; manage as well as execute valuation and modeling engagementsAssist, review and mentor junior team members with their deliverable responsibilitiesExercise professional judgment on engagements by providing proactive solutions and recommendationsWork closely with and provide subject matter assistance to audit engagement teamsMentor staff, evaluate performance and communicate performance feedbackMaintain effective communications with clients and teams to ensure client satisfactionProvide technical assistance and financial modeling expertise to non-technical clients and internal teamsPresent to internal and external audiencesBuild and broaden industry knowledge to support organization and function initiatives by participating in local and national training programsRecognize, communicate and lead opportunities to develop new business to clients The teamWorking across industry sectors, from law firms to government agencies, we bring deep experience in valuing, modeling and analyzing business interests and their underlying assets, including real estate, fixed assets, intellectual property and complex financial instruments. We have a highly-specialized approach connected with a deep understanding of our clients businesses and markets, which enables us to provide insights related to the full spectrum of business transactions from mergers and acquisitions to litigation and disputes. This allows us to helpour clients identify opportunities for growth and long-term advantage.Learn more about Deloitte Advisory s Valuation practice QualificationsRequired:Strong Background in Mathematical Finance with a Bachelor s degree or higher in Mathematical Finance, Mathematics of Finance, Financial Engineering, Quantitative Finance or related field3-6 years of relevant work experience (pricing, risk management, data analysis and quantitative modeling, model development and in-depth knowledge/exposure to pricing methods and forecasting models)Experience with derivatives finance, including detailed knowledge of derivatives theory and securities pricing and financial instrument types and structuresTechnical Qualifications (Minimum of 2):Understanding of financial instrument valuation concepts and techniquesUnderstanding of statistics or econometrics concepts and techniquesUnderstanding of risk management concepts and techniques (credit risk; market risk; operational risk; model risk)Knowledge of banking regulations (e.g. FRB, OCC, CCAR)Understanding of Financial Services industry operations and processes, such as trading, banking, clearing, or insuranceStrong analytical and Microsoft suite skills (Word, Excel, PowerPoint)Strong problem solving and organization skillsAbility to explain difficult financial modeling and valuation concepts to diverse audiencesDemonstrated ability to proactively identify client needs and develop solutionsAbility to multi-task and communicate effectively with clients and staff in consultative settingsDemonstrated track record of team leadership and project managementExperience coaching and mentoring staffAbility and willingness to travel up to 20%Preferred:Related consulting experiencePhD or Master s degree in Mathematical Finance, Mathematics of Finance, Financial Engineering, Quantitative Finance or related fieldRelated certifications: CPA, CIA, CFA, CA, CCA, CMA, CAIA or FRMExperience with SAS, MatLab, R, Python, NumeriX, Bloomberg; FinCAD, Monte-Carlo Simulation tools such as Crystal Ball and @RiskExperience with Asset Liability Management (ALM) or Counterparty Valuation Adjustment How you ll growAt Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there s always room to learn. We offer opportunities to help sharpen skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University, The Leadership Center. BenefitsAt Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits.Learn more about what working at Deloitte can mean for you. Deloitte s cultureOur positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte. Corporate citizenshipDeloitte is led by a purpose: to make an impact that matters. This purpose defines who we are and extends to relationships with our clients, our people and our communities. We believe that business has the power to inspire and transform. We focus on education, giving, skill-based volunteerism, and leadership to help drive positive social impact in our communities. Learn more about Deloitte s impact on the world. Recruiter tipsWe want job seekers exploring opportunities at Deloitte to feel prepared and confident. To help you with your interview, we suggest that you do your research: know some background about the organization and the business area you re applying to.Check out recruiting tips from Deloitte professionals.
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