EY Extended Assurance – Senior Manager - Financial Services, London in London, United Kingdom

Extended Assurance – Senior Manager - Financial Services, London


Requisition # LON00CER

Post Date Jan 18, 2018

EY’s Financial Services practice is currently undergoing exciting change. The business is rapidly growing and we are expanding our teams across the UK, in London, Edinburgh, Glasgow, Manchester, Leeds and Bristol. This growth offers great opportunities for learning and progression.

Our Extended Assurance team aims to provide confidence to our clients and their stakeholders through the rigorous independent assessment of process and controls across industries such as Banking & Capital Markets and Wealth & Asset Management. This is done through the appropriate use of assurance skills, robust audit and other methodologies coupled with industry insight in the Financial Services market.

Current turbulent markets are driving significant changes to all firms’ internal processes, for example through regulatory reporting or demands for better or new management information. Frequently, these new processes will differ from the processes used to prepare financial statements – and it may not be possible to reconcile the two. This disconnect leads to management concern that the output is inaccurate and that this may result in a reputational impact and a fine. Extended Assurance provides assurance around these processes.

What we are looking for:

We are looking for assurance professionals, which are likely to be ACA, ACCA, CIMA, US CPA or CA qualified, who have a strong background in Financial Services. Candidates should have experience of working in assurance, risk and / or controls projects either as an auditor / advisor or within industry.

Join us and you'll work on challenging projects and accelerate your career within an international and supportive team. You'll also be introduced to career challenges that will take you into exciting new professional territory.

Your goal will be to help clients achieve their potential - and you can expect to do the same. As part of a supportive team, you'll have every opportunity to progress and build knowledge that will make a difference to your CV - and to your entire career.

Role Profile & Skills required:

  • Desire to build / develop a career in assisting clients with controls assessments / improvements, including the provision of either a formal (assurance) or informal (findings & recommendations) opinion.

  • Practical experience of regulatory topics including Internal Audit, Prudential Reporting, Benchmarks, Client Money Reviews (CASS); Suitability, Conduct of Business or Financial Crime.

  • Strong project management and delivery experience with the ability to lead teams and deliver our solutions to meet client needs to the required quality and timescales, ideally demonstrated in a professional services environment.

  • Practical experience of conducting Controls Assurance projects; such as risk assessments of the design and suitability of control frameworks with an ability to provide robust challenge (including reporting under ISAE 3402 or similar frameworks)

  • Intellectual rigor / flexibility to rapidly understand complex problems and rationalise these into a workable solution which can then be delivered.

  • Ability to operate with stakeholders / manage projects which potentially span all functions within client organisations.

  • High level of drive, commitment to achieving solutions and ability to work and lead under pressure.

  • Market network / knowledge is a benefit

Desirable Experience:

  • A successful track record working in financial services having either trained in a Big 4 or a top tier bank graduate programme in audit or Finance. The ideal candidate would have a combination of professional services assurance and industry experience.

  • Degree level education ideally with a professional qualification, either in practice ACA/ CA/ ACCA / US CPA qualified (ICAEW, ICAS, Irish Institute or equivalent international qualification) or an equivalent in industry, ACCA, CIMA.

  • Strong knowledge of the spectrum of markets products – securities and derivatives across various asset classes in particular the controls / processing and sound knowledge of their accounting.

  • Broad knowledge of front to back processes, including Front / Middle Office and support functions, in particular Product Control and Finance and their key processes.

  • Experience of assurance / audit work either as an external auditor, internal auditor, forensic / financial remediation work or through controls reviews / initiatives.

  • Experience of working with regulator mandated projects, such as s166 (or equivalent), either on behalf of the regulator or bank a benefit.