At a Glance
- Tasks: Support the Independence team with compliance and regulatory advice in a dynamic environment.
- Company: Join EY, a leading firm known for its commitment to quality and innovation.
- Benefits: Enjoy continuous learning, leadership development, and a competitive remuneration package.
- Other info: Be part of an inclusive culture that values diverse perspectives and promotes continuous improvement.
- Why this job: Make a real impact by influencing compliant go-to-market activities with senior stakeholders.
- Qualifications: Experience in Risk Management and strong communication skills are essential.
The predicted salary is between 50000 - 60000 £ per year.
The UK Independence team is part of the EY UK Risk Management (RM) function and is a key component of the firm's System of Quality Management. The team supports compliance with Independence requirements across all service lines and the wider business, enabling client-serving teams and EY UK Leadership to make well-informed decisions and bring services to market in a compliant and responsible manner. To meet growing demand from the business for Independence advice amid increasingly complex regulatory requirements and operating environment, the team is evolving toward a more business-aligned operating model, creating an opportunity for a new Senior Associate to join the team.
This is an opportunity to join the UK Independence team at a junior level, supporting the Independence team with high profile and business critical Independence matters. As a Senior Associate, you will support the business in interpreting and applying Independence requirements across a range of scenarios, navigating differing regulatory expectations.
Key Responsibilities- Proactively seeking opportunities to grow your knowledge about EY services and the related independence requirements and supporting development of advice to the business on the application of Independence requirements and regulatory expectations, including:
- Researching and contributing to guidance on structuring services in a compliant, practical, and commercially informed manner.
- Researching and contributing to advice on designing and overseeing effective safeguards to support responsible service delivery.
- Supporting Independence compliance monitoring, such as related to fee cap, fee ratios, PACE documentation, and/or GIS compliance requirements.
- Supporting effective use of Independence tools to support compliance and business enablement.
- Supporting the Independence System of Quality Management requirements.
- Maintaining an innovative mindset, including supporting agility and promoting continuous improvement to meet business needs.
- Taking an active approach to learning and self-development, focusing on topics relevant to your responsibilities.
Across all your responsibilities, you will be expected to exercise sound judgement, engage proactively with the business, and balance technical rigour with commercial awareness, ensuring Independence requirements are applied consistently while supporting the firm's strategic objectives. As part of the UK Independence team, you will work in a critical risk management function closely connected to client delivery and go-to-market activity, with the opportunity to help embed a new operating model and further develop your leadership, judgement, and business‑partnering capabilities.
QualificationsWe are looking for individuals who bring a strong mix of technical credibility, leadership capability and business awareness. You will have:
- Experience within a Risk Management function, ideally with direct Independence or closely related regulatory experience.
- Strong communicator, able to engage credibly and deliver high-quality and clear output that is backed with guidance.
- Highly organised, with the ability to manage complex workstreams, competing priorities, and delivery in a fast-paced environment.
- Proactive and self‑directed, with confidence to escalate matters appropriately.
- Collaborative and adaptable, able to work effectively across functions and disciplines.
- Continuous learning: Build deep technical expertise alongside strong business, leadership, and communication skills.
- Business impact: Work directly with senior stakeholders to influence compliant, responsible go-to-market activity.
- Leadership development: Receive coaching and development to lead through change and build high‑performing teams.
- Inclusive culture: Contribute to a collaborative, inclusive environment that values diverse perspectives and continuous improvement.
- Competitive remuneration package with flexible working and a comprehensive Total Rewards offering, including tailored benefits through FlexEY.
Risk Management - Independence Senior Associate - Permanent in City of Westminster employer: Ernst & Young
EY is an exceptional employer, offering a dynamic work environment where continuous learning and professional growth are at the forefront. As part of the UK Independence team, you will engage with senior stakeholders, influencing compliance in a collaborative and inclusive culture that values diverse perspectives. With competitive remuneration and flexible working options, EY provides a unique opportunity to develop your leadership skills while making a meaningful impact in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Management - Independence Senior Associate - Permanent in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to current employees at EY or in the Risk Management field. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for interviews by diving deep into EY's values and recent projects. Show us that you’re not just another candidate; you’re genuinely interested in how you can contribute to the Independence team.
✨Tip Number 3
Practice your responses to common interview questions, especially around compliance and risk management. We want to see your thought process and how you tackle complex scenarios.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team.
We think you need these skills to ace Risk Management - Independence Senior Associate - Permanent in City of Westminster
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in Risk Management and Independence. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Communication Skills:As a Senior Associate, you'll need to communicate effectively. Include examples in your application that demonstrate your ability to engage with stakeholders and deliver clear, high-quality outputs.
Highlight Your Organisational Skills:We value candidates who can manage complex workstreams. In your application, mention any relevant experiences where you've successfully juggled multiple priorities in a fast-paced environment.
Apply Through Our Website:Don't forget to submit your application through our website! It’s the best way to ensure it gets to the right people and shows your enthusiasm for joining the StudySmarter team.
How to prepare for a job interview at Ernst & Young
✨Know Your Independence Requirements
Before the interview, brush up on the key independence requirements relevant to the role. Familiarise yourself with EY's approach to risk management and how it aligns with regulatory expectations. This will show that you’re proactive and understand the core responsibilities of the position.
✨Demonstrate Your Research Skills
Be prepared to discuss how you would approach researching compliance issues or structuring services in a compliant manner. Think of examples from your past experience where you successfully navigated complex regulatory environments, as this will highlight your analytical skills and ability to provide sound advice.
✨Showcase Your Communication Skills
As a Senior Associate, clear communication is key. Practice articulating your thoughts on independence matters clearly and concisely. You might even want to prepare a brief explanation of a complex topic related to risk management to demonstrate your ability to convey high-quality output backed by guidance.
✨Exhibit Your Organisational Skills
The role requires managing complex workstreams and competing priorities. Prepare to discuss how you’ve successfully managed multiple tasks in a fast-paced environment. Bring examples that showcase your organisational skills and your ability to prioritise effectively, which will reassure them of your capability to handle the demands of the role.
