EY FSRM Advisor, FSRM (Enterprise Risk) FSO (Manager) (Multiple Positions) in Boston, Massachusetts
FSRM Advisor, FSRM (Enterprise Risk) FSO (Manager) (Multiple Positions)
Requisition # BOS002WL
Post Date Mar 09, 2018
FSRM Advisor, FSRM (Enterprise Risk) FSO (Manager) (Multiple Positions), Ernst & Young U.S. LLP, Boston, MA.
Advise clients on Financial Services Risk Management issues facing the financial services sector, focusing on financial risk. Provide clients with strategic recommendations to identify, measure and manage financial risk issues. Develop enterprise risk offerings and work on cross-service initiatives, including regulatory reform agenda. Assess the financial regulatory environment and develop practical client solutions across all risk domains. Manage and motivate teams of professionals with diverse skills and backgrounds. Consistently deliver quality client services by monitoring progress. Demonstrate in-depth technical capabilities and professional knowledge. Maintain long-term client relationships and networks. Cultivate business development opportunities.
Full time employment, Monday – Friday, 40 hours per week, 8:30 am – 5:30 pm.
Must have a bachelor’s degree in Finance, Economics, Business, Accounting or a related field and 5 years of progressive, post-baccalaureate work experience in financial risk management. Alternatively, must have a Master’s degree in Finance, Economics, Business, Accounting or a related field and 4 years of work experience in financial risk management.
Must have 4 years of experience developing and delivering risk and regulatory initiatives.
Must have 3 years of experience with key regulations, including Enhanced Prudential Standards, Heightened Standards, Dodd-Frank, and resulting implications to ERM/risk governance requirements.
Must have 3 years of experience with one or a combination of the following:
o ERM framework, including enterprise risk assessments, policies and procedures, roles and responsibilities.
o Approaches to addressing non-financial risks, including either strategic risk or reputational risk.
o Board and management oversight, including roles and responsibilities of boards, risk committees and senior management; expectations around effective challenge, committee operating models, and interactions.
o Risk culture, including measurement and monitoring approaches.
o Risk-appetite framework, including design and implementation of limits and exceptions-based reporting.
o Implementing a three-lines-of-defense model to deliver risk accountability – including roles of the front line, risk organization, and alignment with the role of internal audit
o Board and senior management-level enterprise risk reporting and analysis.
o Risk-based performance compensation and human resource strategies related to the risk framework.
o Large enterprise transformational risk projects, including at least one of the following: required risk target operating models for bank holding companies (BHCs), foreign banking organizations (FBOs), systemically important financial institutions (SIFIs), and/or systemically important financial market utilities (SIFMUs).
o Risk taxonomy, risk-and-control-assessment approaches, and risk metrics; design or execution of risk-and-control “convergence” or governance models.
o Risk and control frameworks and interaction of governance, risk, and compliance (GRC) initiatives.
o Board and senior management governance, including board and risk committee functions (charters, operations, minutes, and reporting).
Must have 3 years of analytical and process orientation experience (process documentation, mapping, and redesign; business requirements documentation; root-cause analysis; and organizational redesign).
Requires travel up to 60%, of which 5% may be international, in order to meet client needs.
Employer will accept any suitable combination of education, training or experience.
TO APPLY: Please apply on-line at ey.com/us/jobsearch (Job Number – BOS002WL).
This particular position at Ernst & Young in the United States requires the qualified candidate to be a "United States worker" as defined by the U.S. Department of Labor regulations at 20 CFR 656.3. You can review this definition at https://www.gpo.gov/fdsys/pkg/CFR-2011-title20-vol3/pdf/CFR-2011-title20-vol3-sec656-3.pdf at the bottom of page 750. Please feel free to apply to other positions that do not require you to be a "U.S. worker".