At a Glance
- Tasks: Help financial services clients strengthen payment systems and technology controls.
- Company: Join EY, a global leader in professional services with a diverse culture.
- Benefits: Flexible working, competitive pay, career development, and a supportive environment.
- Other info: Collaborative team atmosphere with opportunities for continuous learning and growth.
- Why this job: Make a real impact in the evolving payments landscape with cutting-edge technology.
- Qualifications: Experience in technology risk, payments assurance, and strong analytical skills.
The predicted salary is between 63000 - 77000 £ per year.
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.
The opportunity
Technology is at the heart of modern financial services organisations. As a Senior Consultant within EY’s Technology Risk team, you will specialise in payments assurance, helping financial services clients assess and strengthen technology controls across critical payment systems, payment applications and payment processing environments.
You will support high-profile assurance and advisory engagements across areas such as payment assurance and attestation engagements, SWIFT CSP reviews, PSD2 assessments, IT internal audits, operational resilience reviews and regulatory remediation programmes.
Your key responsibilities
- Deliver payment assurance and attestation engagements across financial services clients.
- Support and execute SWIFT Customer Security Programme (CSP) reviews and PSD2-related assessments.
- Assess the design and operating effectiveness of controls across payment systems, payment applications and supporting technology infrastructure.
- Evaluate risks across payment operations, payment processing, settlement, reconciliation and financial crime control environments.
- Perform technology risk assessments and IT internal audits with a focus on payments.
- Analyse client processes, identify control weaknesses and provide practical recommendations for remediation.
- Review and document payment architectures, interfaces, operational processes and key technology dependencies.
- Support operational resilience and regulatory compliance assessments within payment environments.
- Participate in client meetings, workshops and stakeholder interviews.
- Produce high-quality workpapers, reports and client deliverables.
- Support Managers and Senior Managers in engagement planning, testing execution and reporting.
- Contribute to thought leadership, market research and development of EY's payment assurance methodologies.
Skills and attributes for success
- Strong understanding of the payments landscape and emerging payment technologies.
- Ability to identify technology and operational risks within payment ecosystems.
- Strong analytical, problem-solving and report-writing skills.
- Experience gathering evidence, testing controls and documenting conclusions.
- Ability to communicate effectively with business, operations and technology stakeholders.
- Attention to detail and commitment to high-quality delivery.
- Ability to manage multiple workstreams and priorities.
- Collaborative approach and willingness to coach junior team members.
- Interest in emerging technologies including cloud, AI and automation and their impact on payment environments.
To qualify for the role, you must have
- Experience in Technology Risk, IT Audit, IT Controls, Risk Management or Payments Assurance.
- Knowledge of payment systems and payment processing across national and cross-border payments.
- Understanding of payment schemes including: Pay.UK (Bacs, Faster Payments, Image Clearing System); CHAPS; LINK; SWIFT; CREST; CASS and related payment services infrastructure.
- Experience supporting or delivering:
- Payment Assurance and Attestations
- SWIFT CSP Reviews
- PSD2 Audits
- IT Internal Audits
- Technology Risk Assessments
- Understanding of IT General Controls (ITGCs), automated controls and Information Security controls.
- Strong stakeholder management and communication skills.
- Experience in report writing.
- Experience working within a professional services firm, financial institution, fintech or payments organisation.
Ideally, you will also have
- Experience in payment transformation or payment modernisation programmes.
- Understanding of UK and EMEIA payment regulations and industry standards.
- Experience with audit analytics and automated control testing.
- Experience with Service Organisation Controls (SOC1, SOC2, ISAE3402) reporting.
- Knowledge of cloud, AI and emerging technology risks.
- Experience supporting large banking, capital markets, asset management or insurance clients.
- Relevant certifications such as CISA; CISM; CISSP; CRISC; CGEIT; ITIL.
What we look for
We are looking for individuals with a passion for payments, technology risk and assurance. You will be a trusted advisor helping clients strengthen the security, resilience and effectiveness of their payment environments. You will be curious, collaborative and committed to delivering exceptional client service while continuing to grow your expertise in the payment’s domain.
What working at EY offers
EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance. We offer a competitive remuneration package. 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. Shape your future with confidence! Apply now.
Please note: Prior to finalising your application, you will be asked to provide personal information across several dimensions of diversity and inclusiveness. The information you provide is kept entirely confidential and will not be used to evaluate your candidacy. We collect this data to help us analyse our recruitment process holistically and implement actions that promote diversity and inclusiveness. While optional, we encourage you to provide this information to hold us accountable towards our goal of building a better working world. We ask because it matters!
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.
Technology Risk - Payments Assurance - Senior Consultant employer: EY (Ernst & Young)
At EY, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters professional growth and collaboration. Located in the heart of London, our team enjoys a flexible environment with access to world-class training and development opportunities, all while contributing to meaningful projects that shape the future. Join us to be part of a diverse and inclusive community dedicated to building a better working world.
StudySmarter Expert Advice🤫
We think this is how you could land Technology Risk - Payments Assurance - Senior Consultant
✨Tap into Campus Networks
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We think you need these skills to ace Technology Risk - Payments Assurance - Senior Consultant
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to EY (Ernst & Young).
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How to prepare for a job interview at EY (Ernst & Young)
✨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 EY (Ernst & Young).
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at EY (Ernst & Young) will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former EY (Ernst & Young) employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
