1. EY Financial Services Advisory
A dream job for those interested in financial data analytics and international travels
MFF UK, November 2015

2. FS Advisory – Career event at MFF UK
Agenda
A few words about our presence
Examples of our engagements
Join our team
Q&A session
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FS Advisory – Career event at MFF UK

3. FS Advisory – Career event at MFF UK
EY Financial Services Advisory
We bring innovative, high quality and long-term sustainable solutions which move you forward
End-to-end complex solutions
We combine expertise in risk management, prudential and customer protection regulation, finance and business areas with data management and IT enablers to deliver complex end-to-end products
New York
London
Milan
Moscow
We work closely with all major financial institutions operating in the CSE region
We bring you global view through projects delivered to global banks
Our clients
More than 80 FS focused professionals
Our core team is led by a financial services partner with 80+ professionals
We provide high performers, strong decision- making, business acumen technical and industry specialists
Rich international network
We share our knowledge and experience throughout the CSE region
We actively cooperate with the global EY teams in London and New York
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FS Advisory – Career event at MFF UK

4. Planning the balance sheet
EY Financial Services Advisory
We bring innovative, high quality and long-term sustainable solutions which move you forward
Decision-makers today must plan to manage, mitigate and capitalize on the risks they know, and respond to new risks as they emerge. Our top-ranked risk management professionals help access options and improve processes, and assist with the management of risk as an enterprise-wide discipline. Whether you are facing challenges managing credit risk, market risk, or operational risk or being compliant with prudential and consumer protection regulation, our team is ready to assist you.
Risk Management
The finance function affects every corner of the enterprise and today's finance departments are under growing scrutiny. Accordingly, a comprehensive approach to people, processes and technology is needed. As a trusted adviser of CFOs and treasury departments, we work to help you develop or refine the vision of your company's finance function. We focus on processes, cost reductions as well as guidance on accounting process changes and supporting IT initiatives.
Planning the balance sheet
CFO Agenda
P&l
Capital ratio
Liquidity buffer
Leverage ratio
Technology is a common challenge across multiple functions within an organization. We have a dedicated IT team that provides technology risk, solution enablement, information management and technology security services to assist with e.g. designing, implementing and maintaining secure and high-performance IT environments;, data management and security; vendor selection and quality assurance for third-party system integration; and assessing and improving the way technology enables business processes.
IT Advisory
We understand it is essential to build and maintain effective and efficient operations that support strategic goals, regulatory requirements and emerging demands — all while under pressure to minimize expenses. By providing practical recommendations on how to align, optimize and sustain operating environments, we can help improve and integrate processes and controls, enhance productivity and reduce costs.
Business Advisory
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FS Advisory – Career event at MFF UK

5. FS Advisory – Career event at MFF UK
Agenda
A few words about our presence
Examples of our engagements
Join our team
Q&A session
Page 5
FS Advisory – Career event at MFF UK

6. FS Advisory – Career event at MFF UK
Examples of our engagements CCAR model validation for big banking group in US
Key project challenges
New environment
New regulation (CCAR)
Different US market practices (charge-off)
New people to work with (US EY, Bank, vendors)
Limited trust
Off-shore cooperation with unknown, CSE team
Tight deadlines
Continuous changes in project scope
Increasing capacity demands
140+ models
10M
4 external model developers
(un)read s
50 – 100 pages per report
50 – 70 people
Daily status update calls
4 PPEDs
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FS Advisory – Career event at MFF UK

7. FS Advisory – Career event at MFF UK
Examples of our engagements Quant Hub – co-operation with New York office
Model development and validation
For large US banks
You will see the modeling techniques employed in the US
The following should be evaluated:
Purpose and use
Theory and design (conceptual soundness)
Inputs
Assumptions
Documentation
Performance checks
Stress scenarios
Automatic decision-making and frameworks (when too many models) R
SAS
SQL
Model benchmarking
A service offered for US banks
Compares the development of their portfolio to the other banks
Extensive time-series modeling (stationarity, seasonality, autocorrelation, …)
Stress testing, backtesting, out-of-sample testing
Creativity matters!
Ideas are discussed with US managers
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FS Advisory – Career event at MFF UK

8. FS Advisory – Career event at MFF UK
Examples of our engagements Banking, Capital Markets, Insurance, Telecoms, Energy sector…
Right team
Application and behavioral scoring/rating model development
Development/validation of A-IRB models – PD, LGD and CCF models
Loan impairment models (loan loss provisioning)
Collections
Stress testing
Regulatory compliance
Securities and derivatives valuations, VaR and CFaR modelling
Asset, liability and liquidity management
Fund transfer pricing (FTP)
Actuarial and Insurance (Life, Property and Casualty, Health)
Business planning and development
Operational risk management strategy, measurement and reporting
... And many more
Right approach
Right experience
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FS Advisory – Career event at MFF UK

9. FS Advisory – Career event at MFF UK
Examples of our engagements Credit risk projects – study on Loss given default modeling
In the figure below we present various LGD modeling techniques already used by EY during our previous projects.
Months after default
Default
Collateral realization
Decision trees
Recovery process based modeling
Ultimate LGD
Fractional Logit
Regression
Logistic cut
Survival analysis
Exposure at default
Pre-default
models
In-default models
Recovery
Loss
Recovery process
(including particular recoveries)
Regression tree
Vintage models
Cure event
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FS Advisory – Career event at MFF UK

10. FS Advisory – Career event at MFF UK
Agenda
A few words about our presence
Examples of our engagements
Join our team
Q&A session
Page 10
FS Advisory – Career event at MFF UK

11. FS Advisory – Career event at MFF UK
Candidate’s profile
We seek people having at least the following features:
Proactive, self-starter, with “can do” attitude
Analytical mindset
Prior experience in financial area is beneficial, but not mandatory
Prior exposure to data analysis (tools, methods, techniques) is highly regarded
Willingness to travel
Willingness to work overtime if necessary
To get the ball rolling:
Apply online or directly to us
Pass the math and English test
Complete the Assessment Center (optional for non-Czech speakers)
Meet with the management and… welcome aboard 
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FS Advisory – Career event at MFF UK

12. FS Advisory – Career event at MFF UK
Agenda
A few words about our presence
Examples of our engagements
Join our team
Q&A session
Page 12
FS Advisory – Career event at MFF UK

13. FS Advisory – Career event at MFF UK
Contact us
Ernst & Young s.r.o.
Financial Services Advisory
Na Florenci 2116/15
Prague 1
Czech Republic
Rostislav Černý, manager |
Ondřej Houška, HR assistant director |
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FS Advisory – Career event at MFF UK