Position Summary
The Valuation & Analytics ("V&A") team is looking for a Specialist Senior Assistant to join its team. This team provides valuation and analytical services related to financial instruments for Deloitte's clients in North America and worldwide. The specialist assistant may work on the valuation of financial instruments (such as fixed income, equity, and credit derivatives, structured products, and other financial instruments) for both internal and external clients, and may also be involved in consulting services related to quantitative analytics.
Work you'll do
The V&A service area is comprised of practitioners with skills related to the understanding and application of technical accounting standards, financial reporting, valuation techniques and methodologies for derivatives, financial instruments, and other investment products, forward price curve development methodologies, quantitative risk assessment and forecasting models, structured finance transactions, cash flow modeling, data integrity, data modeling, statistical sampling, capital markets transaction support and due diligence. In addition, with experience and training in the audit approach and testing procedures, many V&A professionals provide subject matter assistance to audit engagement teams.
Sample responsibilities may include:
Performing independent pricing of financial instrumentsBuilding and executing data analytics to support audit objectives, using tool such as SAS, R, SQL, ACL, Tableau, Power BI, Python, Visual Basic and others Evaluating whether a client's Allowance for Credit Losses (ACL) methodology is reasonable and consistent with GAAP accounting Preparing audit documentation of valuations Collaborating with audit teams across companies of all sizes and across multiple industries Building and managing relationships and communications with audit team members Presenting complex information in an understandable manner
You'll have the opportunity to gain valuable hands-on experience working alongside leading professionals across diverse industries while building your professional skills in a variety of valuation and analytical techniques.
The team
Our team culture is collaborative and encourages team members to take initiative and seek on-the-job learning opportunities. Our audit professionals are committed to excellence and to enhancing the trust of the investing public and capital markets. Quality is our top priority, and by focusing on innovation, we continue to raise the bar on quality and deliver greater value to our clients. Learn more about Deloitte Audit & Assurance.
Qualifications
Required:
Bachelor's degree in information systems, statistics, business analytics, math, economics, industrial & operations engineering, computer engineering, decision sciences or data sciences or related field with relevant coursework Familiarity with analytical and visualization software packages/tools/languages (i.e. SAS, R, SQL, ACL, Tableau, Power BI, Python, Visual Basic) Ability to explain difficult financial modeling/valuation concepts to diverse audiences and to experts at various clients Candidate needs to be comfortable providing technical assistance and financial modeling expertise to non-technical clients and internal teams Strong verbal and written communication skills Travel up to 10% may be required
Preferred:
Master's degree in information systems, statistics, business analytics, math, economics, industrial & operations engineering, computer engineering, decision sciences or data sciences or related field with relevant coursework Strong academic record, minimum GPA of 3.0Relevant work experience (i.e. internships, summer positions, school jobs) Strong analytical and computer skills including experience with quantitative analysis technical tools such as Bloomberg, Refinitiv-Eikon, Crystal Ball, or SuperDerivatives are a plus Familiarity with financial markets, financial instrument valuation (including derivatives and structured products), trading, deal structuring or risk management Background in derivatives finance, including detailed knowledge of derivatives theory and securities pricing and financial instrument types and structures is a plus Experience with Asset Liability Management (ALM) or Counterparty Valuation Adjustment (CVA) is a plus Experience with wholesale/retail credit models (i.e. PD/LGD/ALLL), interest rate risk, counterparty credit risk, and/or operational risk models is a plus Experience with SPAN/clearing/margin models is a plus Experience with economic capital models is a plus Experience with insurance/actuarial models is a plus Understanding of financial instrument valuation concepts is desired and experience with derivatives and complex financial instruments valuation is a plus
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $65,760 to $118,800.
Recruiting tips
From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.
Benefits
At 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.
Our people and culture
Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture.
Our purpose
Deloitte's purpose is to make an impact that matters for our clients, our people, and in our communities. We are creating trust and confidence in a more equitable society. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. We are focusing our collective efforts to advance sustainability, equity, and trust that come to life through our core commitments. Learn more about Deloitte's purpose, commitments, and impact.
Professional development
From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
As used in this posting, "Deloitte" means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
Requisition code: 150505