Work In Tech

Find your next role at Canada's fastest-growing tech companies

Analyst/Senior Associate, Financial Instrument Valuation - Financial Engineering & Modeling (FEM)



IT, Accounting & Finance
Toronto, ON, Canada
Posted on Tuesday, April 11, 2023

Job Type: Permanent
Reference code: 123549
Primary Location: Toronto, ON
All Available Locations: Toronto, ON

Our Purpose

At Deloitte, we are driven to inspire and help our people, organization, communities, and country to thrive. Our Purpose is to build a better future by accelerating and expanding access to knowledge. Purpose defines who we are and gives us reason to exist as an organization.

By living our Purpose, we will make an impact that matters.

  • Learn from deep subject matter experts through mentoring and on the job coaching
  • Be encouraged to deepen your technical skills…whatever those may be.
  • Work on client engagement teams executing and supporting key decision makers in developing and executing derivative and structured product valuations for financial statement purposes.

Would you like to further develop your career with our exponentially expanding Financial Advisory Service, Financial Engineering & Modeling group? Are you up for the challenge to help our clients solve their valuation issues?

    What will your typical day look like?

    We are looking for a SA level practitioner to join our growing derivative and structured product valuation team. Using your technical skills and leveraging our subject matter experts, you will provide advisory services to our clients on a wide range of topics.

    You will be responsible for the following:

    • Develop and / or validate different quantitative risk and pricing models according to best market practices;
    • Be involved in various risk management and derivative valuation projects for our clients;
    • Support partners and managers in building derivatives and complex products (e.g. swaptions, structured notes, etc.) models and carrying out the valuations according to best practices;
    • Communicate valuation results to partners and managers, and prepare valuation reports that detail the scope, methodology, assumptions, findings, and conclusions;
    • Cultivate relationships with clients and possess a strong knowledge in leveraging prevalent methodologies;
    • Work collaboratively as part of a local and national team of talented advisors;
    • Contribute to practice growth and development.

    About the team

    Deloitte’s Financial Advisory practice delivers highly specialized advisory solutions for companies facing critical business events where significant value is at stake, in every phase of the economic cycle. Our work is often high profile, high impact, and highly rewarding. If you’re looking for a challenge and an opportunity to grow your career alongside the best and brightest in the industry, you’ll find it in Financial Advisory at Deloitte. Broaden your skills. Broaden your reach. Broaden your career. It’s all possible at Deloitte.

    Enough about us, let’s talk about you

    You are someone with:

    • Minimum 1 to 4 years of relevant experience in either derivative valuation or market risk, on model development or model validation team at a major financial institution;
    • Solid academic background with a graduate degree in a quantitative discipline such as a PhD and/or Master Degree in Financial Engineering, Statistics, Financial Mathematics, Econometrics or other relevant post graduate degree;
    • Solid programming skills (e.g. VBA, MATLAB, etc.) and knowledge of database tools (SQL, SAS, etc.);
    • Strong knowledge of complex derivative and structured products (e.g. options, convertibles, CDS, etc.) and their modeling approach;
    • Knowledge of vendor models (e.g. FINCAD) and other databases (e.g. Bloomberg, CapIq) is an asset;
    • Enrolled in relevant professional designation (i.e. FRM, PRM, CFA, CIPM) is beneficial, though not required;
    • Capacity to work under deadline pressures;
    • Excellent verbal and written communication skills;
    • Strong commitment to professional and client service excellence.

    Our promise to our people: Deloitte is where potential comes to life.

    Be yourself, and more.

    We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.

    You shape how we make impact.

    Diverse perspectives and life experiences make us better. Whoever you are and wherever you’re from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute. Be the leader you want to be.

    Be the leader you want to be

    Some guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.

    Have as many careers as you want.

    We are uniquely able to offer you new challenges and roles – and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors. Our TVP is about relationships – between leaders and their people, the firm and its people, peers, and within in our communities.

    The next step is yours

    At Deloitte, we are all about doing business inclusively – that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan, Reconciliation Action Plan and the BlackNorth Initiative.

    By applying to this job you will be assessed against the Deloitte Global Talent Standards. We’ve designed these standards to provide our clients with a consistent and exceptional Deloitte experience globally.
    Deloitte Canada has 30 offices with representation across most of the country. We acknowledge our offices reside on traditional, treaty and unceded territories as part of Turtle Island and is still home to many First Nations, Métis, and Inuit peoples. We are all Treaty people.