Senior Associate or Manager

Department Description: Global Wealth Management Global Wealth Management provides advice-based wealth management services and products to individual clients and businesses. The GWM business model is based on our network of more than 15,000 financial advisors (FAs) in nearly 700 offices around the world and the one-to-one relationships they develop with their clients. Every aspect of a client's financial life is considered, enabling financial advisors to become essential partners to their clients and provide customized financial planning and wealth management advice, products and services. GWM serves the myriad needs of high-net-worth individuals and small- and mid-sized business owners. Nearly two-thirds of assets under management come from relationships with clients who have investable assets of $1 million or more. We also serve thousands of individuals through employee retirement plans.Brief Description: A wholly-owned subsidiary of Merrill Lynch (within GPC), Equity Methods serves a diverse clientele primarily consisting of Fortune 500 companies. Some of our clients include Bristol-Myers Squibb, Apple Computers, Oracle, Walt Disney, and Coca-Cola. The company is strategically partnered with some of the largest financial institutions and works closely with the FASB, SEC, Big 4 and other reputable public accounting firms. Equity Methods provides valuation and accounting solutions in the equity compensation space. Equity Methods’ core offerings address the various compliance challenges created by Statement of Financial Accounting Standard 123 Revised (SFAS 123R), SFAS 128, and SFAS 109. The firm is constantly performing research to expand its offerings into new areas valued by its prestigious client base. Equity Methods’ consulting practice and academic affiliate team include some of the nation’s foremost experts in valuation and accounting. Associates are given stimulating engagements that involve analysis and presentation to senior-level finance and accounting executives at client firms and managers/partners from Big 4 audit firms. If you thrive on solving analytically challenging accounting or finance problems, then we encourage you to apply. Our most valuable asset is the strength of our people. We offer a rewarding environment with exceptional long-term potential. Please read more about the firm at: www.equitymethods.com Job Responsibilities: Responsibilities/Position Summary:   Support and lead in valuation consulting engagements, which requires competencies in financial modeling (using SAS), critical data analysis, and quantitative finance. Specifically, this involves mastering the firm’s option-pricing techniques, and then leveraging this experience to lead client engagements aimed at recommending valuation methodologies for their employee stock options. Support and lead in advanced valuations of complex derivative securities. Consultants with exceptional econometric training lead in these engagements, which typically involve Monte Carlo programming and analysis. Support in custom financial reporting, which requires a close attention to detail, mastery of accounting theory and application, as well as a proficiency in working with data. Aptitude in grasping complex and abstract theoretical accounting problems is a critical success factor. Clients rely on Equity Methods’ mastery in not only developing these solutions, but also designing repeatable and controlled processes to minimize risks.  Support in new service development. Equity Methods is constantly developing and prototyping innovative new offerings. Consultants are involved in the R&D and execution of new service offerings, which includes interfacing with some of the leading academics and practitioners in the country, thus allowing consultants to develop areas of particular depth within the practice. Acquire domain-specific subject-matter expertise. Consultants will acquire depth in various areas, ranging from finance or accounting research to process development. Consultants are expected to develop areas of especially strong competence, which stages them to lead in the development of new service offerings in their selected areas.Qualifications:Expertise and experience in quantitative finance subjects, such as derivatives valuation, and/or theoretical accounting work involving interpreting accounting standards and designing processes. Strong detail- and accuracy-orientation. Successful candidate must demonstrate attention-to-detail with regard to drafting processes, reviewing technical materials, and performing analyses. SAS programming (not required, but useful) Bachelors, Masters, or PhD in accounting, finance, or economicsMerrill Lynch is an Equal Opportunity EmployerThe Firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.   Please register and apply using this link : Merrill Lynch Careers Company Description: Merrill Lynch is one of the world's leading wealth management, capital markets and advisory companies, with offices in 38 countries and territories and total client assets of almost $2.0 trillion.Merrill Lynch offers a broad range of services to private clients, small businesses, and institutions and corporations, organizing its activities into two interrelated business segments - Global Markets & Investment Banking and Global Wealth Management, which is comprised of Global Private Client and Global Investment Management. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide.Merrill Lynch owns approximately half of BlackRock, one of the world's largest publicly traded investment management companies, with more than $1 trillion in assets under management.We're growing our business by helping clients grow theirs.Our client relationships are among our greatest competitive assets. We deepen and enrich these relationships through disciplined growth, innovation, and seamless execution.