FSO CBS - Assistant Director - ISQM Support & Quality Support for Audit Service Line - Bermuda

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FSO BBC Core Business Services / Assistant Director (ISQM Support and Quality Support for Audit Service Line) / Cayman Islands, Bermuda or Bahamas

EY is a global leader in audit 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 to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.  

We are currently seeking qualified candidates to be considered for the position of Assistant Director –ISQM Support and Quality Support for the audit service line in the BBC region. The successful candidate will be responsible for providing support for the ongoing management of the ISQM within the organization and assisting control owners with execution of firm level controls. As an audit quality support, they will also be responsible for consulting on complex, market-driven issues including client and engagement acceptance, internal policies, procedures and tools, engagement agreements, regulatory matters across the Bahamas, Bermuda and Cayman Islands (BBC).

As this role includes supporting the audit service line, the successful candidate should have prior client-serving experience and deep service line knowledge in audit within the financial services sector.

Responsibilities:

• ISQM Support:
  • Execute certain firm level controls within the ISQM framework.
  • Track milestones, action items, owner responsibilities, and deadlines.
  • Organize files, dashboards, trackers to monitor progress.
  • Maintain up-to-date documentation of relevant controls, testing procedures and results.
  • Act as a point of contact for control owners, process teams, and other internal stakeholders.
  • Assist in preparing the required ISQM firm level documentation.

• Quality Support for audit service line
• Participate in consultations with engagement partners and teams to assist in evaluating proposed engagements, engagement planning, identification of risks and risk mitigation
• Review of draft client and engagement acceptance assessments in the firm’s onboarding system
• Assist with preparation of regulatory filings for local audit regulators within the BBC region.
• Assist with preparation for external inspections and liaise with the external regulators during the inspections.
• Accept and respond to daily quality queries and consultations from client serving engagement partners and teams
• Transfer knowledge of firm policies and procedures and advise engagement partners and teams on policy related questions; Be knowledgeable of other quality and risk management areas outside of your core responsibilities
• Drive and support deployment of specific Quality projects and initiatives
• Identify, develop, and report best practices within your designated area of focus
• Prepare or update policy guidance, tools and template documents for the audit service line to facilitate policy compliance and best practice
• Keep abreast of emerging issues; create and deliver training presentations to communicate new developments and the resulting impacts
• Develop relationships and build a network of people within the team and across the firm

Required experience/skills/attributes:

• A bachelor's degree, preferably in, accounting, finance, business, or a related field
• Professional qualification (CPA, ACCA, ACA or equivalent) is required
• A minimum of 5 years of relevant work experience, preferable with a Big 4 firm;
• Prior relevant experience in a public accounting firm is strongly preferred. Experience in quality or risk management role would be an advantage.
• Ability to digest legislation, firm policies and understand their application to the practice
• Strong interpersonal skills, ability to build trusted relationships and manage challenging conversations
• Commercial mindset
• Creative and solution orientated approach
• Excellent written and verbal communication skills and attention to detail
• Strong research and project management skills

The successful candidate must have the ability to work a flexible schedule as overtime and travel may be required, as well as a dedication to teamwork and integrity within a professional environment.

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. 

EY | Building a better working world 

 
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.  

 
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.  

 
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.  

EY | Building a better working world 

 
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.  

 
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.  

 
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.