Manager - Business Consulting Risk - FS - CNS - Risk - Process & Controls - at EY

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

13 Jun, 26

Salary

0.0

Posted On

15 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Internal Audit, SOX, ICFR, Risk Management, Process Reviews, Data Analytics, GRC, Financial Planning, Budgeting, Variance Analysis, Asset Management, Investment Process, Stakeholder Management, MS Office, Communication Skills, Independent Work

Industry

Professional Services

Description

Requisition Id: 1693663 As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.The opportunity : Manager-FS-Business Consulting Risk-CNS - Risk - Process & Controls - MumbaiFS : Finance fuels our lives. Banking, Insurance and Wealth management, create the foundations for growth, prosperity and peace of mind. No other Industry touches so many people or shapes so many lives. Amid sweeping regulatory change, today’s financial services institutions are focusing on digital transformation, convergence and disruption from an array of nontraditional competitors — all while meeting greater demands for trust and transparency. To address this delicate balance of issues, our competent team of business strategists, technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets, insurance, and wealth and asset management. The results are seamless collaboration, innovative problem solving, breakthrough performance gains and sustainable value creation. We recruit, train and nurture a diverse set of people who dedicate their minds to building the future of financial services. Together, we explore new perspectives with innovative and entrepreneurial thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow. CNS - Risk - Process & Controls : EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services. We help our clients in identifying and managing the interplay between upside and downside risk in order to make the long-term decisions to prevent risk and impact on their organization's ability to meet its future business strategy and objectives. The 3 key fields of play are : Enterprise Risk - helps clients identify and address key risk areas, while building the agility to respond quickly. The areas of focus include Enterprise risk and resilience, Internal audit, Compliance and Internal controls Technology Risk - helps clients to achieve sustainable growth by supporting their efforts to protect their business performance and by providing trusted communications on internal control and regulatory compliance to investors, management, regulators, customers and other stakeholders. EY teams accomplish this by assessing the technology risks that are introduced to businesses. Financial Services Risk - helps clients in the financial sector to identify, manage and monitor the risks in their business. It is done through a transformative and agile approach including process and procedures, risk, data modeling and analytics, reporting to stakeholders and third parties, business requirements (for software selection and IT implementation), analysis of assets and liabilities, and capital and liquidity management. Your key responsibilitiesTechnical Excellence As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self. The opportunity: Consultant/Senior Consultant/ Manager-FS-Business Consulting Risk-Risk - Mumbai Business Consulting Risk: EY excels in innovative and transformative internal audit (IA) and internal controls solutions that are tailored to respond to disruptive market forces and help clients translate uncertainty into confidence while accelerating performance. Our approach aligns with the organization’s changing business objectives by using technologies like robotics and analytics to elevate the profile of IA while helping to address complex and emerging risk areas across sectors and geographies, providing flexible and scalable services to help achieve desired future state while balancing cost-effectiveness, better risk coverage and increased value. Our IA transformation services range from performing strategic and tactical diagnostics to building a transformation road map that is focused on digitalization through outsourcing, teaming or performing elements as a managed service, to help provide new solutions that assist in aligning the IA function to the business strategy. Risk : EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services. Job Description: We are a rapidly growing 280 -member business consulting practice focused on FS (mainly insurance and asset management but not including banks). We perform a variety of engagements around financial planning and analysis, internal audit and other risk advisory engagements such as SOX/ IFC/ ICFR, risk management (ERM/ ORM), process reviews / standard operating procedures (SOP), data analytics and other governance, risk & compliance (GRC) engagements for large global and Indian clients. The current role requires executing financial planning and analysis, internal audit and other risk consulting engagements for insurance companies and/or asset managers and/or reviewing close reporting process for insurance companies. As part of the role, the candidate is expected to: · Perform end-to-end internal audits from planning to reporting including process understanding, walkthroughs, preparation of risk and control matrix / audit work program, control testing to assess their design and operating effectiveness, preparation of audit report and agreeing issues/ actions with management. · Have thorough knowledge and understanding of Internal Audit and SOX/ ICFR methodology and IIA requirements. · Have a detailed understanding of: ? End to end financial reporting process including reviewing balance sheet, profit and loss and financial closure process, performing ? Financial planning and budgeting, building scenario-based planning models across business functions and detailed variance analysis ? Preparation of management reports, providing insights on revenue drivers, cost trends etc. ? Working closely with various business functions to understand operational levers and financial impact. ? Intercompany adjustments/reconciliations and consolidation of financial statements. · Have an in-depth understanding of the asset management industry risks/ issues / trends and end-to-end investment process (front, mid and back office processes) for all asset classes including fixed income, equities, derivatives, real estate, private equity/ hedge funds and alternatives. · Deliver / manage engagements to time, cost and high quality. · Identify key areas of improvement in the client's business processes and add value by preparing insightful recommendations. · Contribute to business development activities such as preparing proposals, lead identification · Always comply with the firm’s quality and risk management policies Personal Attributes: · Excellent oral and written communication skills · Ability to work independently with minimum supervision · Ability to quickly learn and handle new areas / solutions by leveraging internal and external knowledge sources · Proactively anticipate engagement related risks and escalate issues as appropriate · Strong relationship management skills to actively establish stakeholder / client (process owner/functional heads) and internal relationships · Team player looking for opportunities to contribute to wider team goals · Proficient in MS Office (Excel, Word, PowerPoint) skills, data analytics · As part of a high-performing team, the individual should be self-motivated and willing to stretch to meet client and practice requirements · Ability to work on multiple engagements/ clients concurrently · Willingness to work across time zones and flexible to travel in future if needed Skills and attributesTo qualify for the role you must haveQualification CA, CPA, CMA, ACCA, CIA Experience Upto 8 - 9 years of relevant experience What we look forPeople with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach. What we offerFuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities.EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people—enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.Join us in shaping the future with confidence. Apply Now

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Responsibilities

The role involves executing end-to-end internal audits, including process understanding, control testing, and reporting, while also performing financial planning, budgeting, and variance analysis for insurance and asset management clients. Key duties include identifying process improvements, delivering engagements to quality standards, and contributing to business development activities.