Valuation Support Analyst

EY; Ernakulam; On-site; INR 1,500,000 - 3,000,000; Full time

Job summary

EY in India seeks a Senior/Assistant Manager for Expected Credit Losses (ECL) Assurance within Ch1 Audit Valuation Support. You will review ECL reports, develop risk models, and collaborate with audit teams to resolve issues, ensuring IFRS compliance and high-quality financial analysis.

The role requires 3–5 years in credit risk/valuation, proficiency in Python, R, Bloomberg, Refinitiv, and Capital IQ, and strong leadership capabilities. Travel to EY locations may be required.

Qualifications

• Minimum 3–5 years of related work experience in credit risk, finance or valuation with focus on ECL.
• Strong knowledge of IFRS 9 ECL and related accounting/valuation requirements.
• Proficiency in quantitative analysis and ability to mentor junior staff.

Responsibilities

• Review and analyse ECL reports for reasonableness, classifications, and IFRS disclosures.
• Develop and maintain credit risk models using Monte Carlo, stress testing and regression.
• Collaborate with audit teams and external specialists to resolve issues in ECL reviews.
• Communicate findings and discuss ECL-related information with clients and teams.
• Provide recommendations to adjust ECLs to align with standards and audit requirements.
• Stay updated on valuation techniques, market trends and reporting standards affecting ECL.
• Draft engagement reports with comparative analysis and findings of ECL reviews.
• Mentor junior staff on ECL concepts, techniques and financial reporting implications.
• Lead with team management and ensure timely delivery of quality services.

Skills

Credit risk modelling

Analytical skills

Leadership

Communication

Problem-solving

Teamwork

Excel (MS Office)

VBA

Python

R

Bloomberg

Refinitiv

Capital IQ

Education

CA / CFA / ACCA / CPA / CMA / MBA or Masters in Finance

Tools

Bloomberg Terminal

Refinitiv Eikon

Capital IQ

Excel

VBA

Job description

Job Summary

Senior or Assistant Manager Expected Credit Losses (ECL) Assurance Ch1 Audit Valuation Support

Responsibilities

• Review and analyse clients Expected Credit Losses (ECL) reports to ensure reasonableness, financial instrument classification, regulatory disclosures and that they comply with the relevant IFRS accounting standards.
• Develop & maintain credit risk models of clients loan portfolio in terms of Monte Carlo simulation, stress testing & regression and evaluating credit exposures using PD/PFE, LGD & EAD.
• Collaborate with audit teams, EY audit clients and external specialists to identify and resolve any issues or discrepancies during the ECL reviews.
• Communicate effectively with clients, audit teams, and external valuation specialists to gather necessary information and discuss findings related to ECLs.
• Provide recommendations for adjustments to ECLs as required to align with accounting standards (Strong comprehension of IFand IF) and audit requirements.
• Stay informed about changes in valuation techniques, market trends, and financial reporting standards that may impact ECL reviews.
• Assist in development of training materials and best practice guides on ECL and related matters.
• Mentor and support junior staff in developing their comprehension of ECLs, valuation techniques and financial reporting implications.
• Draft high-quality engagement reports to represent comparative analysis & findings of ECL review.
• Proficiency in programming languages such as Python & R and experience with data analysis using Bloomberg, Refinitiv & Capital IQ.
• Managing and motivating teams of professionals with diverse skills and backgrounds and fostering a team-oriented environment.
• Demonstrating in-depth technical capabilities and professional knowledge and use current technology and tools to innovate and enhance the effectiveness of services provided and act as a leader in adopting new tools and techniques.

What we look for

• You have an agile, growth-oriented mindset. What you know matters. But the right mindset is just as important in determining success. Were looking for people who are innovative, can work in an agile way and keep pace with a rapidly changing world.
• You are curious and purpose driven. Were looking for people who see opportunities instead of challenges, who ask better questions to seek better answers that build a better working world.
• You are inclusive. Were looking for people who seek out and embrace diverse perspectives, who value differences, and team inclusively to build safety and trust.
• You are highly motivated & initiative-taking. Were looking for logical thinkers with a passion in providing financial solutions and have a very strong diligence and attention to details. Being a strong collaborator is critical with the ability to adapt to changing requirements or deadlines in support of our clients goals.

To qualify for the role, you must have

• Qualified CA / CFA / ACCA / CPA / CMA / MBA (preferably from a premier institute) or Masters degree in Business, Finance, or Accounting with a good academic background.
• Minimum 3 to 5 years of related work experience in a credit risk/finance/transaction advisory team performing valuation with a focus on ECL and related credit risk assessments.
• Valuation experience with an investment banking, commercial banking, venture capital, private equity, premier real estate or accounting/advisory/financial services firm is preferred.
• Proficiency in credit risk modelling with excellent analytical, problem-solving, communication, interpersonal and leadership skills.
• Detail-oriented with a commitment to high-quality work.
• Ability to work effectively in a team environment and to manage multiple projects and deadlines.
• Demonstrated aptitude in quantitative and qualitative analysis.
• Strong valuation skills and knowledge of Accounting standards (IF& IF).
• Knowledge and experience across specific industries would be an added advantage.
• A strong work ethic and the ability to adapt to new challenges in a collaborative team environment.
• A strong desire to continually develop themselves and others.
• Ability to successfully manage engagements including the work of team members, client interaction and quality of service.
• Strong skills in MS Office applications (compulsorily in Excel), VBA and advanced tools such as @Risk, Python & R and experience with data analysis using Bloomberg, Refinitiv & Capital IQ would be preferred.
• We would expect you to be available to travel outside of your assigned office location, plus commute within the region to other GDS locations on a short or long-term basis, whenever required.