At a Glance
- Tasks: Lead transformative projects in banking and payments, enhancing client operations and customer experiences.
- Company: Join EY, a global leader in consulting with a focus on innovation and inclusivity.
- Benefits: Competitive pay, flexible working, continuous learning, and a diverse culture.
- Other info: Opportunity for career growth and to shape the future of banking.
- Why this job: Make a real impact in the fast-paced world of finance and technology.
- Qualifications: Experience in financial services, strong analytical skills, and a collaborative mindset.
The predicted salary is between 55000 - 65000 £ per year.
Location: London
Other locations: Primary Location Only
Requisition ID:
Service Line: Consulting
Sub-Service Line: Business Consulting
Grade: Senior Consultant
Drawing on a reputation for providing deep industry experience and leading consulting services to the payments industry, EY is expanding its Banking & Payments Transformation team. The objective is simple; we look to provide long‑term value to our clients by simplifying their business models and improving their processes while focusing on their customer needs.
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture, and technology to become the best version of you. We’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself and a better working world for all.
The opportunity
The Banking & Payments Transformation team brings together deep knowledge of banking and payments industry trends and strong execution experience to help clients develop and execute their transformation agendas and deliver on strategic business objectives. Our clients face increasing pressure from regulators to improve customer outcomes and reduce systemic risk; from shareholders to improve returns through efficiency and cost reduction; and from customers to deliver seamless, digital and customer‑friendly services that match those being offered by traditional and new, often fully digital competitors.
As a Senior Consultant within our Banking & Payments Transformation team, focused on payment transformations, you will support the delivery of high‑impact transformation engagements within a dynamic payments landscape. You will support clients to implement operating model changes, process improvements, navigate regulatory developments, deliver cost efficiencies and adopt new technologies. By applying strong consulting fundamentals, you will deliver high‑quality analysis, produce client‑ready outputs, and support workstream execution, helping translate objectives into tangible outcomes across complex multi‑rail environments.
To qualify for the role, you must have some or all of the following:
- Experience supporting the delivery of transformation programmes within financial services or a related industry.
- Strong analytical and problem‑solving skills, with the ability to structure issues and develop clear, evidence‑based insights.
- Ability to produce high‑quality, client‑ready deliverables (e.g. presentations, analysis, documentation) to a consistent standard.
- Experience contributing to projects and workstreams, managing tasks independently, and delivering against agreed timelines.
- Understanding of operating model design, process improvement, or technology‑enabled change.
- Exposure to payments, banking, or fintech domains, with a working knowledge of key products, processes, or rails.
- Ability to translate business requirements into practical solutions and support implementation activities.
- Strong stakeholder management skills, including the ability to collaborate effectively with client teams and internal colleagues.
- Proficiency in core consulting tools and techniques (e.g. PowerPoint, Excel, data analysis, workshop support).
- A proactive and adaptable approach, with the ability to work in fast‑paced, evolving environments.
Success in this role would be measured by your ability to:
- Deliver high‑quality, client‑ready outputs that clearly articulate insights and support decision‑making.
- Effectively contribute to workstream delivery, meeting timelines and maintaining strong attention to detail.
- Translate analysis into practical recommendations that drive tangible client outcomes.
- Structure and solve problems using data and evidence, demonstrating sound judgement.
- Collaborate effectively within teams and build positive, trusted relationships with clients.
- Adapt quickly to changing priorities while maintaining delivery quality in fast‑paced environments.
- Take ownership of defined tasks and proactively identify and address delivery risks or issues.
- Support the implementation of solutions, ensuring alignment between business requirements and outcomes.
- Continuously build domain knowledge and apply it to enhance the quality and relevance of your work.
- Support business development activity through research, insight generation, and support to proposals and market materials.
- Provide PMO and workstream delivery support across large‑scale payments programmes.
What we offer
A competitive remuneration package where you’ll be rewarded for your individual and team performance. The comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward 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.
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.
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.
Senior Consultant - Banking & Payments Transformation in London employer: Ernst & Young Advisory Services Sdn Bhd
At EY, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work culture that fosters personal and professional growth. As a Senior Consultant in our Banking & Payments Transformation team based in London, you will benefit from a competitive remuneration package, flexible working options, and continuous learning opportunities, all while contributing to meaningful projects that shape the future of the financial services industry. Join us to leverage your unique skills in a supportive environment where your voice is valued and your career aspirations can flourish.
Contact Details:
Ernst & Young Advisory Services Sdn Bhd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Consultant - Banking & Payments Transformation in London
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We think you need these skills to ace Senior Consultant - Banking & Payments Transformation in London
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How to prepare for a job interview at Ernst & Young Advisory Services Sdn Bhd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ernst & Young Advisory Services Sdn Bhd.
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