Senior Consultant - Business Consulting Risk - FS - CNS - Risk - Digital Risk - Mumbai

Requisition Id : 1640394

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 : Senior Consultant-FS-Business Consulting Risk-CNS - Risk - Digital Risk - Mumbai

FS :

Amid comprehensive regulatory change, today’s financial services institutions are focusing on digital transformation, convergence and disruption from an array of non traditional competitors — all while meeting greater demands for trust and transparency.

To address this delicate balance of issues, our proficient 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 foster a diverse set of people who give their minds to building the future of financial services. Together, we explore new perspectives with innovative and innovative thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.

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

• Use knowledge of the current IT environment and industry IT trends to identify the engagement and client service issues, and communicate this information to the engagement team and client management through written correspondence and verbal presentations
• Demonstrate and apply strong project management skills, inspire teamwork and responsibility with engagement team members, and use current technology and tools to enhance the effectiveness of deliverables and services

• Performing third party risks assessment on behalf of our clients over the outsourced processes
• Handling key activities of assessment life cycle: scoping, planning, fieldwork execution, reporting, QA and issue tracking
• Assess findings and articulating the risks in the context of a client's risk management framework and recommend areas of improvement
• Determine that the work delivered is of high quality.
• Anticipate and identify engagement related risks and escalate issues as appropriate.
• Actively establish & strengthen client (functional heads & key influencers) and internal relationships.
• Assist seniors & managers in developing new methodologies and internal initiatives.
• Create a positive learning culture, coaches, counsels and develops junior team members.
• Identify & escalate potential business opportunities for the firm on existing client engagements
• Execution on client engagements - Ensure quality delivery as per client requirements.
• Review of working papers & client folders. Suggest ideas on improving engagement productivity and identify opportunities for improving client service.
• Identify areas requiring improvement in the client's business processes to enable preparation of recommendations.
• Preparation of reports/deliverables/status updates/audit committee presentations.
• Demonstrate ability of multi-task and manage multiple projects as directed by the managers.
• Ensure compliance with engagement plans and internal quality & risk management procedures.

• Proactively participate in market development activities, build proposals and actively support pursuits
• Must be able to build solutions for client requirements and internal process efficiencies
• Manage the financial aspects of client engagements and communicate significant issues, fees, billing and collections, and estimates-to-complete to Partners and Client
• Follow firm’s quality/ risk management guidance and apply them on day-to-day client service delivery
• Proactively identify opportunities to better serve clients and continuously engage with client to be a trusted business advisor
• Contribute to enhancing Technology Risk solution and future proof them, build technology assets that can serve client needs
• Develop people through effectively supervising, coaching, and mentoring all levels of staff
• Conduct performance reviews and contribute to performance feedback for all levels of staff
• Contribute to people-related initiatives including recruiting, retaining and training Risk professionals
• Self-starter and proactively learn new and emerging trends in the field of Technology Risk

To qualify for the role you must have

• A recognized university degree in business, information technology, engineering, or other relevant discipline
• Minimum of 3 years of work experience in Third Party Risk Management domain in reputed MNC or Consulting firms  
• Relevant consulting or industry experience, preferably in a professional services environment or MNC
• Focus on Financial Services clients and knowledge of Financial Services industry
• Strong client facing experience
• Acumen for business development and technical delivery
• Project management skills, and able to manage concurrent engagements as a Lead
• Served global clients across all three lines of defence
• Ability to adapt to different client situation and bring best outcome in difficult situations
• Leadership, teamwork and client service skills
• Demonstrated integrity within a professional environment
• Good networking skills
• Strong written and verbal communication skills and presentation skills
• Flexibility for travel

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.