At a Glance
- Tasks: Lead finance transformation projects and provide strategic insights to clients in the banking sector.
- Company: Join EY, a global leader in financial services consulting with a diverse and inclusive culture.
- Benefits: Competitive salary, flexible working, career development, and health benefits.
- Other info: Opportunities for continuous learning and professional growth in a dynamic team.
- Why this job: Make a real impact in the finance industry while advancing your career in a supportive environment.
- Qualifications: 10+ years in investment banking with strong project management and advisory skills.
The predicted salary is between 54000 - 66000 £ 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.
- Financial Accounting Advisory Services (FAAS) & CFO Consulting – Senior Manager
- Banking & Capital Markets
The opportunity
The Financial Accounting Advisory Services (FAAS) and CFO Consulting (CFOC) teams advise clients on complex finance, accounting and reporting transformation.
We help organisations respond to regulatory change, implement new accounting requirements, modernise finance systems, strengthen controls and processes, and support major transactions and capital markets activity.
- We are looking for exceptional
- Senior Managers with a strong background in valuations and Product Control to join our
Banking & Capital Markets team to help support our ambitious growth plans and deliver solutions that enable clients to achieve their desired business outcomes.
At EY, you will have the opportunity to apply your knowledge in the advisory space, work on a variety of projects, and benefit from flexibility and strong career progression opportunities.
EY is a market leader in advising financial services clients on accounting and regulatory change engagements.
- Your key responsibilities
- As a
Senior Manager within our FAAS & CFOC Banking & Capital Markets teams, you will work closely with finance clients, lead engagement teams and provide valuable insight and advice to support strategic and operational decisions.
You will contribute to the success and growth of the practice alongside senior colleagues in the financial services industry.
- Provide consulting services to clients Product Control and Valuations teams, including valuations, process and controls, and regulatory reporting.
- Delivering BCM accounting and regulatory change projects by managing project teams, assessing engagement risks, driving conclusions, and reviewing or challenging team outputs.
- Designing, developing and implementing strategic and operational initiatives for clients.
- Driving innovation and automation through new and improved ways of working, delivery models and technological advancements.
- Developing strong internal and external networks for long-term relationships and supporting EY account growth.
- Establishing and managing effective working relationships with peer-level client stakeholders as part of project delivery roles.
- Training, coaching and supervising junior staff, while supporting team development and monitoring utilisation and staff deployment.
- Identifying opportunities for and securing new business, including contributing to proposals, research and bid teams.
- Contributing to the growth of the practice through knowledge sharing, thought leadership, development of solutions, tools and enablers.
- Supporting quality assurance and risk management across assignments, including coordination with service line teams, specialists and partner groups.
Skills and attributes for success
You will bring strong project and stakeholder management capability, sound technical and commercial judgement, and the ability to manage client relationships and engagement delivery in complex environments.
You will be comfortable with uncertainty and ambiguity in project environments, demonstrate expertise across engagement and practice teams, and take personal responsibility for quality of delivery.
- To qualify for the role, you must have
- Strong experience (10+ years) in Investment Banking industry Product Control and/or Valuation teams, with managerial experience
- Extensive experience with financial instruments, particularly derivatives/FICC, including valuation and front-to-back process and controls
- Advisory experience focused on finance transformation, accounting, controls or regulatory reporting
- An accountancy qualification such as ACA, ACMA, ACCA, CPA, CIMA or equivalent.
- Excellent communication and presentation skills, with confidence engaging stakeholders at all levels.
- Strong problem-solving capability and the ability to apply logic to complex finance business issues.
- Strong Excel and Power Point skills.
- Experience leading or supporting finance change programmes, finance operating model work, or accounting and regulatory change projects.
- Ideally, you’ll also have
- IFRS knowledge and experience in IFRS 7, 9, and 13
- Experience in areas such finance operating model design, financial control, budgeting, forecasting, process and governance, balance sheet and liquidity management, finance cost reduction, systems architecture or regulatory / statutory / management reporting.
- Experience with ERP and/or EPM implementation, including accounting rules and chart of accounts design.
- Exposure to BCM topics including S166 reviews, regulatory reporting controls remediation, IBOR transition, comfort letters, treasury / hedge accounting, CSRD disclosures, or process and controls documentation.
- Exposure to regulatory change topics relevant to BCM, including areas such as Basel 3, COREP, FINREP
- Experience with business readiness and training activities for finance function or system change.
- Strong proficiency and exposure to working with and optimising large complex data sets, analytics and performance forecasting in a Finance and/or risk management domain.
- Exposure to data visualisation, automation or transformation tools such as Workiva, Power BI, Tableau, Alteryx, Blue Prism or Black Line.
- Experience with accounting assessments and documentation of accounting judgements around financial instruments and topics such as consolidation, derecognition, business combinations, offsetting, etc.
- Experience of valuing Level 1 and Level 2 financial instruments, including derivatives, or auditing financial instrument valuations.
- What working at EY offers
EY offers a competitive remuneration package where you will be rewarded for your individual and team performance.
The Total Rewards package includes support for flexible working and career development, with benefits covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.
You can also expect opportunities to develop new skills, progress your career, receive coaching and feedback from experienced colleagues, and benefit from flexibility in how you approach your role.
Who we are
EY is committed to being an inclusive employer and is happy to consider flexible working arrangements.
EY seeks to enable its people to build their careers while delivering excellent client service and maintaining the right balance for their personal priorities.
About EY
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, EY teams provide trust through assurance and help clients grow, transform and operate
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.
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Assurance - FAAS - Senior Manager - Banking & Capital Markets - Product Control in London employer: EY
EY is an exceptional employer that fosters a collaborative and innovative work culture in Manchester, where you can thrive as an Industry Strategy & Growth Lead. With comprehensive benefits including medical coverage and flexible vacation policies, alongside a strong commitment to professional development, EY empowers its employees to grow and excel in their careers while making a meaningful impact in the consumer and health sectors.
StudySmarter Expert Advice🤫
We think this is how you could land Assurance - FAAS - Senior Manager - Banking & Capital Markets - Product Control in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like EY. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Assurance - FAAS - Senior Manager - Banking & Capital Markets - Product Control in London
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.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on EY's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at EY
✨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.
✨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 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 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.
