UK Independence Team - Risk Management - Senior Associate - Permanent - London

UK Independence Team – Risk Management – Senior Associate 

Within the professional services environment, appropriate risk management is fundamental to the successful delivery of our client services and promotion and protection of our brand. Within EY, the UK Risk Management group (which covers audit independence/ethics, conflicts, anti-bribery, anti-money laundering, data protection, enterprise and business risk, and other risk and regulatory areas), is responsible for the promotion, protection and support of risk management within the business. The group aims to uphold our business standards, maintain and enhance the value of the brand, and ensure that the firm complies with the external/internal rules and regulations imposed on the firm in relation to the conduct of its business. 

The UK Independence Team forms part of the UK Risk Management Group which reports directly to senior management

The opportunity

A vacancy exists for an Independence Senior Associate within the Audit Pursuit area of the team.

The Independence Audit Pursuit team is responsible for evaluating independence and identifying any independence threats resulting from relationships with or services provided by EY to a prospective or existing audit client, including its affiliates, officers and directors.

This is a permanent, full-time position based in London. The role would suit an existing Independence professional with knowledge and experience of working on the audit pursuit process, or non-audit service analysis.  

Your key responsibilities

The role is intended to be varied and over time the role holder will have exposure to and work with, all of the sub functions within the department. Responsibilities will include: 

• Providing advice and guidance to EY partners and professionals in respect of independence aspects related to acceptance of new audit clients.
• Performing first level review/analysis of audit independence assessments, including assessing permissibility of non-audit services, as well existing business, financial and employment relationships the firm has with potential new audit clients.
• Performing first level review/analysis of UK non-audit services provided to the entities that are subject to audit tenders globally and following up with foreign countries as necessary.
• Assisting Managers and Senior Managers in our audit pursuit team with managing a portfolio of potential audit clients
• Answering general independence queries from the business relating to non-audit services, business relationships, independence processes and other matters
• Providing general, ad hoc project and other support to other members of the Independence team
• Coaching junior team members and ensuring smooth onboarding of new joiners.
• Provide training/support to offshore colleagues in EY overseas ‘shared services centres’ in respect of outsourced independence activities

Experience

Candidates must possess the following skills and experience: 

• Experience working in an Independence function 
• Experience of non-audit service analysis  / audit pursuit processes
• Strong analytical and interpretation skills with excellent attention to detail
• Extremely organised and able to manage complex projects 
• Ability to multi-task 
• Adaptability and flexibility with good team working skills and the ability to multi-task
• Ability to build strong working relationships with service lines and develop an excellent understanding of their business
• Ability to work to pre-determined deadlines and meet objectives under pressure
• Ability to think strategically and handle complex concepts    
• Proactive approach and capability of working using own initiative
• Strong communication ability with colleagues at all levels including delivering tough messages to senior leaders within the firm

What we offer

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:

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

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

The exceptional EY experience. It’s yours to build.
 

Apply now.