Associate Consultant - Business Consulting Risk - NAT - CNS - Risk - Digital Risk - Mumbai

Requisition Id : 1549932

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 don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Associate Consultant-NAT-Business Consulting Risk-CNS - Risk - Digital Risk - Mumbai

CNS - Risk - Digital 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. 

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 organization's 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

Develop AI governance framework incorporating AI governance organization structure, policies, procedures and corresponding roles and responsibilities.
Perform periodic assessments to evaluate current AI governance posture of the organization based on leading practices (such as ISO 42001:2023, NIST AI RMF, etc.) and identify improvements for policy, procedures, roles and responsibilities etc.
Perform gap assessment to review current state of AI based solution to evaluate controls implemented for AI risk management including considerations for security and privacy aspects.
Perform design review for AI based solutions to ascertain adequacy of mechanism defined for managing ethical AI usage including evaluation of design aspects for addressing principles such as fairness, transparency, accountability, and privacy.
Perform threat modelling to identify security-related weaknesses (flaws) in code during the AI development phase and related lifecycle activities to evaluate input integrity, prompt validation, output management, ethics validation, plugin security and codebase control based on leading standards such as OWASP, MITRE ATLAS, etc.
Identify the external and internal dependencies of AI governance processes as well as required technologies to analyze the overall maturity of organization’s AI risk management strategy.
Perform the AI governance risk assessment to identify the AI related design, performance, and algorithmic threats and prepare a corresponding risk treatment plan.
Coordinate with internal and external stakeholders to ensure that AI risk management strategies are in place across the entire organization.
Establish AI Governance and Ethics Management Steering Committee for periodic monitoring and tracking of all aspects of AI governance establishment and identification and progress on defined goals, objectives, and initiatives.
Anticipate and identify engagement-related risks and escalate issues as appropriate.
Identity & internally escalate and potential red flags related to the engagement.
Preparation of reports/deliverables/status updates/ policy and procedure documents
Demonstrate the ability to multi-task and manage multiple projects as directed by the managers. Handling data analytics - Access, ACL etc.

Skills and attributes

To qualify for the role you must have
Qualification

Bachelor’s degree in information technology, Computer Science, or a related field. Master's degree preferred
Strong understanding of Generative AI, familiarity with NLP tools and techniques, AI Governance standards and best practices (e.g., NIST AI RMF, MITRE ATLAS, OWASP Top 10 for LLM, ENISA, HITRUST, ISO/IEC 23894, ISO 42001).
Professional certifications such as ISO 42001 Lead Auditor, ISO 42001 Lead Implementor, CISA or equivalent preferred.

Experience

Minimum of 2-4 years of experience in AI/ML technologies, MLOps, LLMOps, AI Frameworks or related roles
Experience in designing, implementing, and managing AI solutions, AI governance processes, including Risk assessment, Responsible AI Impact Analysis, Model Security Testing etc.
Strong communication and presentation skills for effectively conveying complex AI concepts, strategies and governance initiatives to key stakeholders, enabling decision-making.
Excellent analytical and problem-solving skills, with the ability to assess complex AI governance issues and develop practical solutions.

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 postivie energy, while being adaptable and creative in their approach. 

What we offer

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, 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 people - enabling us to deliver excellent client service whilst allowing our people to build their career 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 building a better working world. Apply now.