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- Tasks: Analyse business relationships and provide professional independence advice to ensure compliance.
- Company: Join EY, a global leader in professional services with a diverse and inclusive culture.
- Benefits: Competitive salary, flexible working, career development, and a comprehensive rewards package.
- Why this job: Make a meaningful impact while navigating complex risk management challenges.
- Qualifications: Experience in risk management, strong analytical skills, and excellent attention to detail.
- Other info: Dynamic environment with opportunities for continuous learning and transformative leadership.
The predicted salary is between 36000 - 60000 £ per year.
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Other locations: Anywhere in Region
Date: 10 Sept 2025
Requisition ID: 1642156
Overview
At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.
Within the professional services environment, appropriate risk management is fundamental to the successful delivery of our client services and promotion and protection of our brand. Within EY, the UK Risk Management group (which covers audit independence/ethics, conflicts, anti-bribery, anti-money laundering, data protection, enterprise and business risk, and other risk and regulatory areas), is responsible for the promotion, protection and support of risk management within the business. The group aims to uphold our business standards, maintain and enhance the value of the brand, and ensure that the firm complies with the external/internal rules and regulations imposed on the firm in relation to the conduct of its business.
The UK Independence Team forms part of the UK Risk Management Group which reports directly to senior leadership.
The opportunity
A vacancy exists for an Independence Senior Associate within the business relationship and hospitality, gifts & www favours (HGF) area of the UK Independence team.
Among other things, the business relationship sub function is responsible for reviewing proposed business relationships EY seeks to enter with 3rd parties (e.g. procurement relationships, subcontracts, sponsorships, alliances) in order to consider permissibility under applicable audit independence regulations, including those of the UK Financial Reporting Council (FRC) through their Ethical Standard 2024. The team also oversee the firm’s compliance with the very strict HGF requirements imposed by the FRC and other independence regulators with respect to EY audit clients. This is a permanent, full-time position based in London or Leeds.
Your key responsibilities
The role will be varied in nature, and whilst the primary focus will be HGF related, it will include the following responsibilities:
- Analysis of proposed business relationships the UK firm intends to enter.
- Provision of professional Independence advice to the business
- Supporting with the ongoing, periodic review and analysis of Independence detect controls in relation to both HGF and business relationships
- Supporting with the ongoing, detailed monthly review/reconciliations of HGF reports, including handling follow up protocols in order to resolve open matters
- Supporting Managers, Senior Managers and Directors with the review of HGF related queries and consultations
- Overseeing the maintenance of the HGF team sharepoint site, including relevant guidance and quick reference guides
- Creation of MI data reports for the Head of the Business Relationship sub function and other internal stakeholders
- Oversight of and collaboration with offshore support centre colleagues to ensure outsourced HGF Independence activities are completed timely and accurately
- Supporting Managers, Senior Managers and Directors with ad hoc Independence tasks, as necessary.
Experience
Candidates must possess the following skills and experience:
- Several years’ experience working in a Risk Management function
- Strong analytical and interpretation skills with excellent attention to detail
- Extremely organised and able to assist with and/or manage projects
- Adaptability and flexibility with good team working skills and the ability to multi-task
- Ability to work to pre-determined deadlines and meet objectives under pressure
- Ability to think strategically and handle complex concepts
- Proactive approach and capability of working using own initiative
- Strong communication ability with colleagues at all levels
Whilst Independence experience is not essential for this role, it would be extremely beneficial. All applicants are expected to have prior risk management experience at either Associate or Senior Associate rank (or equivalent).
What we offer
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:
- 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.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It’s yours to build.
Apply now.
EY | Building a better working world
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
The description above is for a role in the UK Risk Management group and Independence team and may be subject to change.
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Senior Associate - UK Independence Team - Risk Management employer: Ernst & Young Advisory Services Sdn Bhd
Contact Detail:
Ernst & Young Advisory Services Sdn Bhd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Associate - UK Independence Team - Risk Management
✨Tip Number 1
Network like a pro! Reach out to current or former employees at EY through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching EY's values and recent projects. Show us that you’re not just another candidate; demonstrate how your skills align with their mission to build a better working world.
✨Tip Number 3
Practice common interview questions, especially those related to risk management. We want to see how you think on your feet, so consider using the STAR method to structure your answers.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar!
We think you need these skills to ace Senior Associate - UK Independence Team - Risk Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Senior Associate in the UK Independence Team. Highlight your risk management experience and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your background aligns with our goals at EY. Keep it engaging and personal – we love to see your personality come through!
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to include examples of how you've successfully tackled complex problems in your previous roles. We’re looking for those who can think strategically and handle intricate concepts.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re serious about joining our team and building a better working world together.
How to prepare for a job interview at Ernst & Young Advisory Services Sdn Bhd
✨Know Your Risk Management Basics
Before the interview, brush up on key risk management concepts and regulations, especially those related to audit independence. Familiarise yourself with the UK Financial Reporting Council's Ethical Standard 2024, as this will show your commitment and understanding of the role.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical and interpretation skills. Think of specific situations where you successfully analysed complex data or resolved issues under pressure. This will demonstrate your ability to handle the responsibilities of the Senior Associate position.
✨Be Ready to Discuss Teamwork
Since collaboration is key in this role, come prepared with stories that illustrate your teamwork abilities. Share experiences where you worked effectively with colleagues at various levels, especially in managing projects or resolving conflicts.
✨Ask Insightful Questions
At the end of the interview, ask questions that reflect your interest in the role and the company. Inquire about the team dynamics within the UK Independence Team or how they measure success in risk management. This shows you're genuinely interested and engaged.
