At a Glance
- Tasks: Help firms navigate regulatory changes and transform risk management using AI and data.
- Company: Join EY, a global leader in consulting with a diverse and inclusive culture.
- Benefits: Competitive pay, flexible working, career development, and a supportive team environment.
- Other info: Exciting opportunities for personal growth and collaboration with innovative colleagues.
- Why this job: Make a real impact in the financial sector while growing your skills and career.
- Qualifications: Experience in risk management and strong project management skills are essential.
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.
EY's Financial Services practice is a unique industry focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker dealers, asset managers, insurance and energy trading companies. EY UK's Wealth & Asset Management Risk & Regulation Team works across the wealth and asset management market with a diverse portfolio of clients. We help them strengthen risk and compliance, deliver regulatory change and transform how their risk and compliance functions operate, increasingly using data, automation and AI.
The Wealth & Asset Management Risk & Regulation Team focuses on delivering lasting benefits to our clients by helping them make better business decisions through more effective, efficient and forward-looking risk and compliance management.
The opportunity
Our objective is to be the market leader in supporting the CRO and CCO agenda. The sector is changing quickly. Firms face new regulation, pressure on margins, platform and operating model consolidation, and the arrival of AI in both the front office and the control functions. That makes this an exciting time to join us. The Wealth & Asset Management Risk & Regulation Team offers both breadth and depth across Regulatory, Compliance and Risk Management initiatives. Our work ranges from targeted advice on specific parts of the Conduct and Risk Management Frameworks, through to large Risk and Compliance Transformation programmes that redesign operating models, modernise controls and put technology and AI to work, collaborating with multiple EY teams.
Your key responsibilities
- Helping firms navigate the next wave of regulatory change
- Helping firms respond to actions and requests from the FCA, including remediation programmes and skilled persons reviews
- Supporting firms on prudential and capital adequacy, including ICARA processes, own funds and liquidity assessments, stress testing and wind down planning
- Designing and transforming risk and compliance operating models, including target state design and delivery
- Designing and reviewing end to end risk management frameworks, RCSAs and control environments
- Using data, automation and AI to make risk and compliance more efficient and insight driven, such as automated controls testing, monitoring and surveillance
- Helping firms govern their own use of AI responsibly, with frameworks that keep humans in the lead
- Regulatory due diligence on transactions, helping buyers and investors understand the risk and regulatory position of a target
- Designing and reviewing governance and organisational structures
- Risk culture, and embedding ownership so that controls work in practice as well as on paper
You will:
- Contribute to the articulation of EY findings, conclusions and recommendations in writing or verbally
- Support the analysis of emerging issues, including the impact of AI on the sector, the articulation of an EY point of view and the development of EY propositions
- Use AI tools in your own day to day delivery to work smarter and bring fresh insight to clients
- Support engagement planning and management, and lead small teams on wealth and asset management engagements
- Work effectively as a team member, sharing responsibility, providing support and updating senior members on progress
- Support bids and proposals for new client opportunities and grow existing valued relationships
To qualify for the role, you must have some or all of the following:
- Experience of Wealth and/or Asset Manager’s risk experience at a major asset manager, wealth manager or intermediary or another consulting firm
- Up to date knowledge of the regulatory environment impacting Wealth & Asset Managers
- Strong project management experience
- Strong academic background
- Strong report writing and presentations skills
Ideally you will also have:
- Experience of transformation, operating model or regulatory change programmes
- Exposure to the UK prudential regime for investment firms, such as ICARA and MIFIDPRU
- Interest in, or exposure to, AI, data or automation in a risk or compliance setting
- Client management skills and ability to build and develop networks and relationships
- Ability to prioritise and challenge
- Commercial awareness
- Ability to work in a consulting role, with the ability to build networks and relationships
What we look for
We are looking for curious, proactive people with a real interest in risk and regulation. You'll enjoy getting to grips with how firms manage risk, meet their conduct and prudential obligations and turn regulatory change into better outcomes for their business and customers. You'll be confident forming a view and challenging constructively, and you'll want real opportunities for personal and professional growth.
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 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.
Plus, we offer:
- Support, coaching and feedback from some of the most engaging colleagues around
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way that’s right for you
If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible. 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.
Senior Consultant, Wealth & Asset Management, Risk & Regulatory Advisory in Edinburgh employer: EY
EY is an exceptional employer that fosters a collaborative and innovative work culture in Birmingham, providing employees with the opportunity to lead complex tax engagements for prestigious multinational clients. With a strong emphasis on professional development, EY offers extensive training and growth opportunities, ensuring that you can advance your career while making a meaningful impact in the dynamic field of corporate tax.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Consultant, Wealth & Asset Management, Risk & Regulatory Advisory in Edinburgh
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like EY. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from EY.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like EY. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Senior Consultant, Wealth & Asset Management, Risk & Regulatory Advisory in Edinburgh
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in EY and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show EY how you can be a team player!
How to prepare for a job interview at EY
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with EY.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with EY's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
