2019 Macau Summer Internship Program - Advisory
EYMacaoUpdate time: August 9,2019
Job Description
EY is a global leader in assurance, tax, transactions and advisory services. Worldwide, our 250,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
What you can gain from this internship program
If you are considering about a career with EY, start ahead by joining our internship program. This program helps you understand what a career with us might be. Through our internship program, you should be able to gain a more realistic view of our services and workplace environment while we can get to know you better and provide you the platform to gain the knowledge and skills you need to begin your professional career with EY.
2019 Summer Internship Program
Advisory – Risk
Who we are
EY is a global leader in assurance, tax, transactions and advisory services. Worldwide, our 260,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
What you can gain from this internship program
If you are considering about a career with EY, start ahead by joining our internship program. This program helps you understand what a career with us might be. Through our internship program, you should be able to gain a more realistic view of our services and workplace environment while we can get to know you better and provide you the platform to gain the knowledge and skills you need to begin your professional career with EY.
Background to Risk
Risk management protects business performance and contributes to sustainability. It is about achieving a clear understanding of risks and developing plans to manage them. As part of our team of risk professionals, you will work with multinational businesses and public-sector organizations to develop and integrate holistic approaches to risk and control.
Underpinning our risk capabilities are our strengths and skills in day-to-day operations, management and strategic decision-making. These skills are concentrated in the four supporting areas of:
- People and organizational change
- IT advisory
- Strategic direction
- Program management
We look for candidates with a mix of the following education background to develop their career in risk management:
1. Accounting and finance
2. Quantitative Advisory Services
3. Technology
1. Accounting and Finance
Relevant areas of development:
- Implement models, tools and processes for new accounting standards and regulatory requirements for financial institutions relating to financial instruments, risk management and reporting
- Analyze the business activities of the financial institutions and their implications to performance and risk
- Assist in the review and drafting of policy and procedure for financial institutions with focus on process, controls and compliance
- Perform derivatives pricing for financial reporting and risk management purposes, including market data capturing, pricing model assessment, analysis and implementation
- Assist in risk management services in the treasury area, including asset-liability management, liquidity risk management, capital management, funds transfer pricing (FTP), stress tests and balance sheet optimization
- Assist in the improvement of risk governance, controls and regulatory compliance
Requirements:
- Penultimate or final year student pursuing an undergraduate or postgraduate degree in any discipline, with some coverage of accounting, economics, finance or other related business subjects
- Excellent written and spoken English and/or Chinese; fluent in Mandarin and/or other languages is an advantage (non-Chinese speakers will also be considered)
- Proficient in Microsoft Office Suite; experience in Bloomberg and/or Reuters is an advantage
- Experience in Excel VBA, analytic tools or any programming language is an advantage
- Familiar with general financial concepts, banking business or financial instruments is preferred
- Basic knowledge in college mathematics, statistics, or more specifically in derivatives pricing, quantitative finance or risk management is an advantage
2. Quantitative Advisory Services
Relevant areas of development:
- Price derivatives and other financial instruments for financial reporting and risk management purposes, including market data capturing, pricing model assessment, analysis and implementation
- Implement and validate market risk and counterparty credit risk models, such as VaR, ES, PFE, SIMM, CVA, and other valuation adjustments (XVA)
- Conduct research and assist in the implementation of new margin rules for non-cleared OTC derivatives to comply with new regulatory requirements and re-engineer collateral management processes
- Conduct research and assist in the implementation or review of credit risk models, impairment models, predictive models, interest rate risk models, liquidity risk models and behavioral models using both traditional statistical and latest data analytics techniques
- Conduct research and assist in design, implementation and review of stress testing framework and methodology
Requirements:
- Penultimate or final year student pursuing an undergraduate, postgraduate or doctoral degree any discipline, with an emphasis in quantitative finance, risk management, mathematics, actuarial science, statistics, data science, finance, or other hard science and engineering subjects
- Excellent written and spoken English and/or Chinese; fluent in Mandarin is an advantage (non-Chinese speakers will also be considered)
- Proficient in Microsoft Office Suite; experience in Bloomberg and/or Reuters is an advantage
- Programming experience in any of Excel VBA, MATLAB, R, SQL, SAS, Python, Java, XML is preferred
3. Technology
Relevant areas of development:
- Assist in the execution of a wide range of financial risk and regulatory advisory projects with a focus on the implementation of new tools, systems and processes
- Design and develop prototypes and tools for risk management, business analytics, treasury management and regulatory reporting
- Design and document user manuals
- Assist in robotic and intelligent automation, and process reengineering
- Assist in data quality and data management initiatives
- Design, document and execute test cases
- Perform technology and business analysis using BPMN model
- Design and set-up technology risk management function through requirements gathering, process analysis and system implementation
Requirements:
- Penultimate or final year student pursuing an undergraduate degree or above in computer science, computer engineering, system engineering, information engineering, information technology, information systems or other related disciplines
- Excellent written and spoken English and/or Chinese; fluent in Mandarin is an advantage
- Strong in programming, database skills and/or data science tools
- Competent in Microsoft PowerPoint, Word and Excel
- Experience in the relevant industry is an advantage
- Permanent resident of the Macau Special Administrative Region or international graduate who is eligible for employment in Macau
To apply
Submit an online application at www.ey.com/cn/careers, with your CV, cover letter and academic transcripts, stating your availability of the internship period.
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