Financial Services - Tech Strategy & Transformation - Senior Manager - NYC

The opportunity

EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management and Insurance. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing, and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team! 

Working on projects that cross financial sectors, the experiences you gain here will be invaluable. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

You will help businesses realize the value from their IT investments supporting strategy, improving the customer experience and driving growth. As part of a high-performing team, you will provide support our clients with technology-driven transformations related to value creation, technology enablement, new operating model structures, mergers, acquisitions, and divestitures.

Your key responsibilities

You will lead projects, either as stand-alone or elements of multiple client engagements. You will provide strategic insights to leadership, manage and motivate teams with diverse skillsets, deliver quality client service, and demonstrate  technical capabilities, and knowledge across strategic technology oriented engagements. Senior Managers are expected to maintain long-term client relationships and networks to cultivate business development and future sales. At the same time, they should  strive to continuously improve EY offerings and internal capabilities that drive future market demand.

Skills and attributes for success

We work with clients to plan and deliver business-led and technology-driven strategy development, future roadmap definition, and other transformation programs. We develop practical and executable plans to manage the journey from strategy through execution. Our team uses industry-leading methodologies and tools to accelerate start-up and enable highly efficient and effective transformation journey.

To qualify for the role you must have

• A bachelor's degree in Business Administration, Computer Science, Finance, Engineering, or a related field, with at least 12 years of consulting or relevant industry experience
• Approximately 8+ years of experience in technology strategy, Mergers & Acquisitions, or technology governance
• Approximately 3+ years of experience in pursuits/business developments and knowledge of consulting sales cycle
• In-depth industry experience in at least one of the following: banking and capital markets, Insurance (Life and Health, Property and Casualty etc.), and wealth and asset management
• Proven delivery skills, including the ability to scope/size a project; staff an appropriate team, provide subject-matter direction and guidance; manage communications with the project sponsors and the delivery of a work stream
• Experience working with IT leadership (CIO, IT Director) and business leadership (CEO, CFO, COO, BU President, etc) to assess IT issues and opportunities  
• Experience applying structured problem-solving skills and strategy consulting frameworks into work products
• Ability to work with limited data points and information to generate hypothesis and strategic recommendations
• Experience in leading the technical direction of a project from initiation and requirements through design, build, testing, and implementation using frameworks such as Agile and Waterfall
• Expertise in one of key IT management processes and industry frameworks (e.g. CMMI, COBIT, ITIL, Six Sigma, Lean, ISO 2700x, TOGAF, project management life cycles, systems development life cycles, PMBOK, Prince2, SAS70, SSAE 16 etc)  
• In-depth experience across wide spectrum of IT including IT Strategy and Roadmap, IT Application Rationalization, IT Project and Program Management, IT Organization and Governance, IT Vendor Management and Procurement, IT Spend Analysis and Benchmarking
• Commitment to developing resources by providing effective performance feedback and making sure responsibilities are consistent with individual’s skills and goals
• Ability to travel to domestic and international client sites as much as 80% to 100% of a work week

In addition to the above, we require in depth experience in leading at least one of the following areas:

• Technology Solution Definition, Strategy, Operating Model, Planning and Delivery, with a focus on the following:

• IT Vendor Strategy and Roadmap
• IT Vendor Management and Procurement
• IT Governance, Demand Intake, Portfolio, and Program Management

• Mergers & Acquisitions, Divestitures, and Joint Ventures with a focus on the following:

• Re-engineering, turnaround, business integrations or divestitures with a demonstrated aptitude for quantitative and qualitative analysis
• IT stand-alone and carve-out analysis for divestitures
• IT synergy analysis for mergers and acquisitions and ability to synthesize approaches to complex integrations
• Buy-side and sell-side IT pre-deal due-diligence, post deal and Value Creation engagements

• Cost Optimization and Value Creation, with a focus on the following :

• Proven experience delivering sustainable profitability and process transformation models
• In-depth experience with analyzing data to optimize business spend, and quantify associated benefits
• Expertise in conducting industry analysis and benchmarking to identify cost reduction and revenue maximization opportunities
• Experience in IT Infrastructure and Application Optimization
• Experience in delivering process efficiency by using knowledge of (Agile, DevOps, CI/CD) methodologies  

What we look for

Top performers with track records of the following areas:

• Seasoned client serving professionals with experience in Financial Services industry focused on enterprise transformations
• Critical thinking with ability to break down complex problems and develop effective solutions
• Great communication skills both at personal level, as well as in professional set-ups
• People oriented, reliable, resilient and responsive individuals
• Accountable for coordinating strategy development, future roadmap definition and planning, end-to-end  technology delivery, change management, and implementation planning for initiatives
• Managing resources, project plan, project schedule, and budget tracking
• Managing consistent communication throughout the project release lifecycle
• Intensive experiences in business development, leading and supporting proposals
• CFA or MBA is a plus