Consultant Business Consulting Risk FS CNS Risk Process & Controls Mumbai

Requisition Id:

As a global leader in assurance tax transaction and advisory services we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training opportunities and creative freedom. At EY we dont just focus on who you are now but who you can become. We believe that its your career and Its yours to build which means potential here is limitless and well provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Consultant-FS-Business Consulting Risk-CNS - Risk - Process & Controls - Mumbai

FS :

Finance fuels our lives. Banking Insurance and Wealth management create the foundations for growth prosperity and peace of mind. No other Industry touches so many people or shapes so many lives.

Amid sweeping regulatory change todays financial services institutions are focusing on digital transformation convergence and disruption from an array of nontraditional competitors all while meeting greater demands for trust and transparency.

To address this delicate balance of issues our competent team of business strategists technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets insurance and wealth and asset management. The results are seamless collaboration innovative problem solving breakthrough performance gains and sustainable value creation.

We recruit train and nurture a diverse set of people who dedicate their minds to building the future of financial services. Together we explore new perspectives with innovative and entrepreneurial thinking to deliver exceptional client service and ensure that what we do today counts for tomorrow.

CNS - Risk - Process & Controls :

EY Consulting is building a better working world by transforming businesses through the power of people technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting) Technology Consulting and People Advisory Services.

We help our clients in identifying and managing the interplay between upside and downside risk in order to make the long-term decisions to prevent risk and impact on their organizations ability to meet its future business strategy and objectives. The 3 key fields of play are :

Enterprise Risk - helps clients identify and address key risk areas while building the agility to respond quickly. The areas of focus include Enterprise risk and resilience Internal audit Compliance and Internal controls

Technology Risk - helps clients to achieve sustainable growth by supporting their efforts to protect their business performance and by providing trusted communications on internal control and regulatory compliance to investors management regulators customers and other stakeholders. EY teams accomplish this by assessing the technology risks that are introduced to businesses.

Financial Services Risk - helps clients in the financial sector to identify manage and monitor the risks in their business. It is done through a transformative and agile approach including process and procedures risk data modeling and analytics reporting to stakeholders and third parties business requirements (for software selection and IT implementation) analysis of assets and liabilities and capital and liquidity management.

Your key responsibilities

Technical Excellence

• As a global leader in assurance tax transaction and advisory services we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training opportunities and creative freedom. At EY we dont just focus on who you are now but who you can become. We believe that its your career and Its yours to build which means potential here is limitless and well provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self. The opportunity : Consultant/Senior Consultant/ Manager-FS-Business Consulting Risk-Risk - Mumbai Business Consulting Risk : EY excels in innovative and transformative internal audit (IA) and internal controls solutions that are tailored to respond to disruptive market forces and help clients translate uncertainty into confidence while accelerating performance. Our approach aligns with the organizations changing business objectives by using technologies like robotics and analytics to elevate the profile of IA while helping to address complex and emerging risk areas across sectors and geographies providing flexible and scalable services to help achieve desired future state while balancing cost-effectiveness better risk coverage and increased value. Our IA transformation services range from performing strategic and tactical diagnostics to building a transformation road map that is focused on digitalization through outsourcing teaming or performing elements as a managed service to help provide new solutions that assist in aligning the IA function to the business strategy. Risk : EY Consulting is building a better working world by transforming businesses through the power of people technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting) Technology Consulting and People Advisory Services. Job Description: We are a rapidly growing 140-member business consulting practice focused on FS (mainly asset management and insurance sectors but not including banks). We perform a variety of internal audit and other risk advisory engagements such as SOX/ IFC/ ICFR risk management (ERM/ ORM) process reviews / standard operating procedures (SOP) data analytics and other governance risk & compliance (GRC) engagements for large global and Indian clients. The current role requires executing internal audit and other risk consulting engagements for asset managers or reviewing investment processes for insurance companies. As part of the role the candidate is expected to: Perform end-to-end internal audits from planning to reporting including process understanding walkthroughs preparation of risk and control matrix / audit work program control testing to assess their design and operating effectiveness preparation of audit report and agreeing issues/ actions with management. Have an in-depth understanding of the asset management industry risks/ issues / trends and end- to-end investment process (front mid and back office processes) for all asset classes including fixed income equities derivatives real estate private equity/ hedge funds and alternatives. Have thorough knowledge and understanding of Internal Audit and SOX/ ICFR methodology and IIA requirements. Deliver / manage engagements to time cost and high quality. Identify key areas of improvement in the clients business processes and add value by preparing insightful recommendations. Contribute to business development activities such as preparing proposals lead identification Always comply with the firms quality and risk management policies Personal Attributes: Excellent oral and written communication skills Ability to work independently with minimum supervision Ability to quickly learn and handle new areas / solutions by leveraging internal and external knowledge sources Proactively anticipate engagement related risks and escalate issues as appropriate Strong relationship management skills to actively establish stakeholder / client (process owner/functional heads) and internal relationships Team player looking for opportunities to contribute to wider team goals Proficient in MS Office (Excel Word PowerPoint) skills data analytics As part of a high-performing team the individual should be self-motivated and willing to stretch to meet client and practice requirements Ability to work on multiple engagements/ clients concurrently Willingness to work across time zones and flexible to travel in future if needed

Skills and attributes

To qualify for the role you must have
Qualification

• Chartered Accountant
• ACCA CPA CMA

Experience

• Internal Audit Process Reviews Statutory Audit

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile curious mindful and able to sustain positive energy while being adaptable and creative in their approach.

What we offer

Fuelled by the brilliance of our people EY has emerged as the strongest brand and the most attractive employer in our field with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs game-changers disruptors and visionaries. As an organization we are investing more time technology and money than ever before in skills and learning for our people. At EY you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our peopleenabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above please contact us as soon as possible.

Join us in shaping the future with confidence. Apply Now