Assurance - Pricing

Deloitte (UK); Greater London; Hybrid; GBP 24,000 - 28,000; Full time

Job summary

Deloitte offers a 12-month Industrial Placement in the Pricing Centre within the Audit & Assurance Group. You will gain training and support to develop knowledge of financial instruments, including derivatives and structured products, while working on valuation requests across the firm and assurance clients using Bloomberg, Refinitiv, and internal tools.

You will be part of a hybrid work environment with exposure to senior stakeholders, and there may be opportunities for a graduate job offer

Qualifications

• Penultimate year of degree in numerical or scientific discipline.
• Predicted 2:1 or above required.
• Interest in financial mathematics and business.

Responsibilities

• Assist in valuing financial instruments and preparing detailed workings.
• Replicate trade structures in valuation tools.
• Collate and assess market data for valuations.
• Assist in model validation and related tasks.
• Interact with client staff to understand valuation methodologies.

Skills

Financial mathematics

Analytical thinking

Numerical analysis

Communication

Education

Penultimate year student

Predicted 2:1 or above in numerical/scientific discipline

Tools

VBA

MATLAB

Python

Bloomberg

ICE SD

Refinitiv

Excel

Job description

The Pricing Centre, as part of the Audit & Assurance Group, provides valuation supporttoDeloitte’sNorth-South Europe (NSE) audit practice as well as delivering assurance engagements across industries and jurisdictions.The Pricing Centre performs fair value calculations and assessment of valuation controls across product types and asset classes, from vanilla bonds through to complex OTC derivatives, as well as a structured finance focused sub-group.

What skills and academic qualifications do I need?

This programme is for university students who are doing well academically and want to test their skills in the real world.

You’llneed to be interested in financial mathematics and need to be on track to achieve a predicteddegreeclassification of 2:1 or above in a numerical or scientific discipline. You must also be in the penultimate year of your course.

Ifyou'repassionate about business and eager to tackle challenging projects, you will be a great fit.

The following would be useful but not necessary for a successful candidate:

• Some programming skills in at least one of the following languages (VBA, MATLAB, Python)
• Previoususe of 3rd-partytoolse.g.Bloomberg, ICE SD, Refinitiv, etc.
• Good knowledge of excel

We have alsoidentified10 core skills that are essential toall ofour roles in Early Careers. To learn more about these skills and their detailed descriptions, please visit the 'Discover What We Look For' section in our Candidate Zone .

What kind of work will I do?

For 12monthsyou’llbe a key part of our business. We are going to provide you with all the necessary training and support to develop your knowledgeof financial instruments, including derivatives and structured products.As amember of the Pricing Centre,you will behandling valuation requests from across the firm and assurance clients. Valuations are performed using a combination of internally developed and externallypurchasedtools, as well as internal andexternal market data. You willassistin the provision of valuation services by the Pricing Centre, which may include:

• Valuing financial instruments and preparing detailed workings supporting the valuation
• Replicating trade structures in valuation tools
• Collating,assessingand using relevant market data
• Investigation of valuation differencese.g.performing sensitivity analysis
• Discussion with client staff to understand their valuation methodologies and inputs
• Discussion with senior Deloitte stakeholders on the results of valuation work
• Creation of bespoke pricing tools
• Performing model validation and related exercises

Onall theprojectsyou will be supported by senior team members.

Where will I work?

At Deloitte werecognisehow important face-to-face interaction is foryourdevelopment in a new role.We also understand that our people need flexibility, which is whyweoperateahybrid system,with acombination ofoffice and home working. Ifyou’rein a client-facing role, you might be expected to attend client siteson certain days,while yourmeetings will be a mix of online and in-person events.Please note your final assessment and induction will also be in-person, to give you the opportunity to network and build relationships.

All our workspaces are accessible, however, if you require further flexibility due to a health condition or caring responsibilities, please discuss this with our team. You can find further information onour parent and carer policies here.

What’s in it for me?

You’llbe joining a world-class Placement Scheme at Deloitte, in a full-time role with a market-leading salary, benefits and endless opportunities. You will get a practicalhands-onexperience working alongside seasoned professionals in a competitive environment. You’llget a real feel for who we are and ifwe’rethe right fit for your future. You may get the opportunity to complete theprogrammewith agraduate job offer (This will depend on performance and availability and would be for the same office and business area as your Industrial Placementprogramme, so please apply in line with your preferences). This is underpinned byour shared sense of purpose:

• We challenge and we rise to the challenge: We’llsupport you to achieve your potential through an outstanding training scheme, an internationally recognised professional qualification and ongoing investment in your development throughout your career.
• We include everyone: You’llbe part of an inclusive culture where different perspectives are valued, learning is shared and you can build a strong professional network.
• We do the right thing: You’lldo work with purpose in a place where you can be yourself, grow professionally and personally, and make an impact that underpins the public interest and confidence in financial reporting.

What’s in it for me?

• We challenge and we rise to the challenge: We’llsupport you to achieve your potential through an outstanding training scheme, an internationally recognised professional qualification and ongoing investment in your development throughout your career.

• We include everyone: You’llbe part of an inclusive culture where different perspectives are valued, learning is shared and you can build a strong professional network.

• We do the right thing: You’lldo work with purpose in a place where you can be yourself, grow professionally and personally, and make an impact that underpins the public interest and confidence in financial reporting.

How will I develop?

You’llreceive a comprehensive induction and training plan. Andwe’llassign you abuddy, soyou’llalways have a friendly face to turn to. There are regular check-ins with the wider team,who’llsupport and encourage you every step of the way.

You’llget to work directly withorganisationson projects where your work has a very real and meaningful impact on their success. Being trusted with real responsibility will give you the opportunity to see whatyou’recapable of. Not only will this look great on your CV, butyou’lllearn transferrable skills, knowledge, andexpertise.

Youwill get todevelop a broader knowledgeinfinancial instrument valuation, gettinga firsthandexperience in valuing complex financial derivatives. Alongside that youwouldunderstand practical uses of variousthird partytools including Bloomberg,SuperDerivativesand Refinitiv. There are alsoadditionaltrainingsessionsavailable to develop any soft ortechnicalskills that would shape your future career.

Additional support and benefits information

We’re a collaborative, inclusive firm and we want to help you to use your unique talents and perspectives in the workplace. From diversity networks to wellbeing andmuch more, we aim to support and reward you in the best way possible. Please use the links below to discover more about our processes, benefits,valuesand culture.

• You can learn moreabout the full recruitment process here. Do you have accessibility requirements or need reasonable adjustments for the interview or assessment process? Find out how we can help.
• Learn more aboutour values, culture and purpose as a firm.
• Want to hear from some of our people to inspire your future career? Check outour Life at Deloitte page .
• At Deloitte we value diversity, andwe’recommitted to ensuring that our people thrive through a wide range of initiatives and diversity networks. Discover more about inclusion and wellbeing.
• We value our people and recognise their hard work. Learn about the rewards and benefits available at Deloitte.

There is no specific deadline for this role, but we recommend getting your application in as soon as possible. Please note, some of our roles may close quickly if we experience high demand.

Onceyou’veapplied to this role,you’llreceive an email from our recruitment team outliningnextsteps and the relevant deadlines for you to complete the following stages of our process.

Weoperatea strict one application per year policy across our Early Careers opportunities. We recommend onlysubmittingan applicationfor a role that you feel is right for you.

We’re not able to provide visa sponsorship for this programme. However, you can apply if you hold a Student Visa which is valid for the duration. If you are currently on a student visa and would require sponsorship to join Deloitte after graduation, we are able to accept your application for this role.

Application deadlines

Application deadlines:

There is no specific deadline for this role, but we recommend getting your application in as soon as possible. Please note, some of our roles may close quickly if we experience high demand.

Onceyou’veapplied to this role,you’llreceive an email from our recruitment team outliningnextsteps and the relevant deadlines for you to complete the following stages of our process.

Weoperatea strict one application per year policy across our Early Careers opportunities. We recommend onlysubmittingan applicationfor a role that you feel is right for you.

We’re not able to provide visa sponsorship for this programme. However, you can apply if you hold a Student Visa which is valid for the duration. If you are currently on a student visa and would require sponsorship to join Deloitte after graduation, we are able to accept your application for this role.

What matters to you? Make it happen at Deloitte.