Successful organizations depend on their reputation for keeping promises, respecting laws and behaving ethically to maintain stakeholder trust. EY FCC professionals help organizations protect and restore enterprise and financial reputation. We assist companies and their legal counsel to investigate facts, resolve disputes and manage regulatory challenges. We put integrity at the heart of compliance programs to help better manage ethical and reputational risks.
Embracing integrity means doing what you say you will do, with unerring commitment. This can make it easier to attract and retain talented people and harness their skills to grow your business. A foundation built on integrity is critical because today’s talent values purpose-driven organizations. It can also help you develop stronger partnerships with suppliers and work more effectively with employees, investors, regulators and influencers. Our integrated approach ranges from enhancements in areas of perceived weakness or issues — including governance, controls, culture and data insights — to full organizational design and structural implementation.
The opportunity
As a Senior Consultant , your role will involve overseeing compliance risk assessments, developing strategies for risk mitigation, and ensuring adherence to regulatory standards related to conduct and consumer protection.
In the Risk Management – Financial Crime Compliance team, you will be expected to provide strategic sourcing services related to regulatory compliance and Financial Crime Compliance (FCC) to our clients in financial services (FS) industry. You are also required to assist organizations to maintain effective and efficient controls, in order to manage organizational and strategic risks. Also, to be able to contribute to our advisory business in FCC, where advisory services on FCC target operating models, business processes and internal controls follow regulatory requirements without compromising on customer experience that are provided to the client.
Skills and attributes for success
• Strong analytical and problem-solving skills
• Strong drive to excel professionally, and to guide and motivate others
• Advanced written and verbal communication skills
• Dedicated, innovative, resourceful, analytical and able to work under pressure
• Foster an efficient, innovative and team-oriented work environment
• Conduct comprehensive compliance risk assessments and develop mitigation strategies
• Stay updated with the latest regulatory requirements related to conduct risk, market conduct, and consumer protection
• Develop and update policies and procedures to align with regulatory standards, ensuring they address conduct risk and consumer protection effectively
• Design and implement a robust conduct risk framework that includes risk identification, assessment, mitigation, and monitoring processes
• Perform detailed reviews of market conduct practices to identify potential risks and ensure adherence to regulatory expectations and industry best practices
• Design training sessions for employees on conduct risk, market conduct, and consumer protection regulations to foster a culture of compliance and ethical behavior
• Conduct compliance monitoring, audits and assessments to track compliance with conduct risk and consumer protection regulations
• Prepare detailed reports for senior management, highlighting compliance status, identified risks, and remediation actions taken
• Utilize data analytics to identify trends and patterns in conduct risk and consumer behavior. Use these insights to inform risk management strategies and improve consumer protection efforts.
• Develop and monitor key risk indicators (KRIs) related to conduct risk and consumer protection, ensuring timely identification and mitigation of potential issues
• Demonstrate experience in managing PMO, including project planning, execution, and monitoring.
• Strong understanding of high conduct risk areas including Complaints Management, Product Program, Sales, Disclosure practices
To qualify for the role you must have:
• Strong educational background from a top institution, quantitative/ finance/ economics/ actuarial programme.
• Min. 2-5 years of relevant professional experience in a consulting environment, a model development or validation team in the financial industry
• Experience in working in a project-based, team-oriented environment, ideally in the banking sector or consulting, with a proven track record of managing teams and delivering in fast-paced and demanding environments.
• Excellent analytical, report-writing, facilitation and presentation skills
• Ability and appetite to drive business development and contribute to the growth of EY’s solutions
What we look for
Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident leader equipped with strong people management skills and a genuine passion to make things happen in a dynamic organization. If you’re ready to take on a wide range of responsibilities and are committed to seeking out new ways to make a difference, this role is for you.
What working at EY offers
EY offers a competitive remuneration package commensurate with your work experience where you’ll be rewarded for your individual and team performance. We are committed to being an inclusive employer and are happy to consider flexible working arrangements, where this may be needed, guided by our FWA Policy. 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.