At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
Financial Services - Extended Assurance - Senior Manager
EY’s Financial Services practice is currently undergoing exciting change. The business is rapidly growing, and we are expanding our Extended Assurance team across the UK. This role can be based in London, Edinburgh, Glasgow, Leeds or Manchester. This growth offers great opportunities for learning and progression.
The Opportunity:
Our Extended Assurance practice provides ongoing assurance to regulators, management and directors on the quality of governance, processes and controls managing financial and non-financial risks within a business.
Current turbulent markets are driving significant changes to all firms’ internal processes,, through regulatory reporting or demands for better or new management information. The processes require a broader set of controls than those traditionally used for Financial Statement reporting, including the requirement to address a wider suite of risks.
EY’s Financial Services Extended Assurance team works with clients to provide assurance that an organisation’s business activities are operating effectively in addressing these challenges. This is done through the appropriate use of assurance skills, robust audit and other methodologies coupled with industry insight in the Financial Services market.
Your Key Responsibilities:
1. Work on the execution of a variety of projects, including non-financial assurance reviews ( COREP, ICAAP and ILAP), business process and controls advice and compliance services.
2. You will work in complex multi-disciplinary teams, with responsibility for the overall execution of smaller projects and individual components of larger projects, under the guidance and direction of Directors and Partners.
3. Use expertise in assurance methodologies to lead engagements in compliance with the firm’s and industry standards.
4. Coach team members, share experiences, share knowledge and generate new ideas with them.
5. Work with clients to remediate and provide assurance over their prudential regulatory reporting processes, returns and templates.
6. This is done through the appropriate use of assurance and process redesign skills, robust audit and other methodologies, innovative technology coupled with subject matter expertise and industry insight in the Financial Services market.
7. Your responsibilities will include leading projects for:
8. Prudential Regulatory remediation
9. Prudential Regulatory compliance reviews
10. Prudential skilled person assurance review
11. Prudential reporting process and controls redesign, including strategic innovation
12. Responding to ad-hoc Regulatory Reporting Requirements queries from Clients including COREP, Liquidity Reporting, etc.
13. Managing client proposals to support Directors and Partners driving new business opportunities
Skills and attributes for success:
14. We are looking for individuals with a strong background in Financial Services, having worked in prudential reporting teams or undertaken change projects or assurance projects in prudential reporting environments
15. Desire to build / develop a career in assisting financial services clients with controls assessments / improvements, including the provision of either a formal (assurance) or informal (findings & recommendations) opinion.
16. Ability to lead teams and deliver our solutions to meet client needs, preferably demonstrated in a professional services environment.
17. Intellectual rigor / flexibility to rapidly understand complex problems and rationalise these into a workable solution which can then be delivered.
18. Ability to operate with stakeholders / manage projects which potentially span all functions within client organisations.
19. You will have a high technical understanding of Prudential Regulatory reporting requirements across at least one of the following areas: liquidity reporting, interest rate risk reporting, FX risk reporting, capital reporting, market risk reporting
20. You will have basic understanding of financial instruments and treasury products, with an ability to digest complex technical rules
21. You have an ambition to continue to build your internal and external brand as a subject matter specialist in Prudential Regulations
22. You will be flexible in your working style to encompass working both in the office, as well as client site and potentially travelling internationally
23. You have experience of working in assurance, risk or controls projects Knowledge and experience of working in a dynamic, demanding environment is essential
24. Individuals who can demonstrate intellect, drive and focus, and the ability to succeed at EY
Join us and you'll work in a rapidly growing team on challenging projects and accelerate your career within an international and supportive team. You'll also be introduced to career challenges that will take you into exciting new professional territory.
To qualify for the role, you must have:
25. Prudential Regulatory reporting knowledge
26. Particular industry specialism in Financial services, either in Banking & Capital Markets, Wealth & Asset Management or Insurance
27. Proven experience of working in assurance, risk and / or controls projects either as an auditor / advisor or within industry, and an ability to document business processes and control diagrams.
28. You need to have an ability to identify the operational risks within a process and design controls testing programs to assess the quality of control over these risks.
29. Knowledge and experience of working in a dynamic, demanding environment is essential.
Ideally, you’ll also have:
30. Professional qualification ACA/ CA/ ACCA / US CPA qualified (ICAEW, ICAS, ICAI or equivalent international qualification) or an equivalent in industry, ACCA, CIMA, CFA or FMA
What we look for
Your goal will be to help clients achieve their potential - and you can expect to do the same. As part of a supportive team, you'll have the opportunity to progress and build knowledge that will make a difference to your CV - and to your entire career.
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:
31. Support, coaching and feedback from some of the most engaging colleagues around
32. Opportunities to develop new skills and progress your career
33. The freedom and flexibility to handle your role in a way that’s right for you
EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.
Please note: Prior to finalising your application, you will be asked to provide personal information across several dimensions of diversity and inclusiveness. The information you provide is kept entirely confidential and will not be used to evaluate your candidacy. We collect this data to help us analyse our recruitment process holistically and implement actions that promote diversity and inclusiveness. While optional, we encourage you to provide this information to hold us accountable towards our goal of building a better working world. Read more about our commitment to diversity & inclusiveness here. We ask because it matters!
About EY
We’re building the workplace of the future at EY – a place that’s smarter, more inclusive, more dynamic and more flexible. We're embracing change and helping our clients to adapt - to create more inclusive economic growth. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.