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

Extended Assurance – Senior Manager - Financial Services, London

Assurance

Requisition # LON00CER

Post Date Jun 06, 2018

At EY, our Financial Services Assurance Team is fully integrated, working across borders to help clients deal with issues that are critical to their success, and winning new business as a result.

The opportunity

Extended Assurance is part of our Financial Services Assurance practice and provides ongoing assurance to regulators, management and directors on the execution, governance and controls around processes that do not impact the financial statements.

Current turbulent markets are driving significant changes to all firms’ internal processes, e.g., through regulatory reporting or demands for better or new management information. The processes require a broader set of controls than those traditionally used for Financial Statement reporting, including the requirement to address a wider suite of risks.

Your key responsibilities

EY’s Financial Services Extended Assurance team works with clients to provide assurance that an organisation’s business activities are operating effectively in addressing these challenges. This is done through the appropriate use of assurance skills, robust audit and other methodologies coupled with industry insight in the Financial Services market.

Skills andattributes for success

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

  • Practicalexperience of regulatory topics including Internal Audit, Prudential Reporting,Client Money Reviews (CASS); Suitability, Conduct of Business or FinancialCrime.

  • Abilityto lead teams and deliver our solutions to meet client needs, preferably demonstratedin a professional services environment.

  • Practicalexperience of conducting Controls Assurance projects; such as risk assessmentsof the design and suitability of control frameworks with an ability to providerobust challenge (including reporting under ISAE 3402 or similar frameworks)

  • Intellectualrigor / flexibility to rapidly understand complex problems and rationalisethese into a workable solution which can then be delivered.

  • Abilityto operate with stakeholders / manage projects which potentially span allfunctions within client organisations.

  • Highlevel of drive, commitment to achieving solutions and ability to work and leadunder pressure.

To qualify for the role you must have

  • Professional qualification ACA/ CA/ ACCA / US CPA qualified (ICAEW,ICAS, Irish Institute or equivalent international qualification) or anequivalent in industry, ACCA, CIMA.

  • Degree qualified ideally with a 2:1 or equivalent

  • Extensive market knowledge/network

  • External audit or internal controls / audit experience at SeniorManager level or equivalent

  • Background in financial services, either working with financialservices clients in an Assurance capacity or in industry with a blue chipemployer;

  • Particular industry specialism experience preferably in Banking& Capital Markets/Wealth & Asset Management

Ideally, you’ll also have

  • The ideal candidate will have a mixture ofPractice and Industry experience

What we look for

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 the opportunity to progress and build knowledge that will make a difference to your CV - and to your entire career.

What working at EY offers

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

  • Support, coaching and feedback from some ofthe most engaging colleagues around

  • Opportunities to develop new skills andprogress your career

  • The freedom and flexibility to handle yourrole in a way that’s right for you

EY is committed to being an inclusive employer and we are happy toconsider flexible working arrangements. We strive to achieve the right balancefor our people, enabling us to deliver excellent client service whilst allowingyou to build your career without sacrificing your personal priorities. Whileour client-facing professionals can be required to travel regularly, and attimes be based at client sites, our flexible working arrangements can help youto achieve a lifestyle balance.

About EY

As a global leader in assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we’ll make our ambition to be the best employer by 2020 a reality.

If you can confidently demonstrate that you meet the criteria above,please contact us as soon as possible.

Make yourmark.

Apply now.

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.

#LI-P