At a Glance
- Tasks: Support the UK Independence team with compliance and risk management tasks.
- Company: Join EY, a global leader in building a better working world.
- Benefits: Gain valuable experience, mentorship, and career growth opportunities.
- Other info: Work in a fast-paced environment with diverse teams across the globe.
- Why this job: Kickstart your career in Risk Management with a dynamic and supportive team.
- Qualifications: Strong communication skills and a proactive attitude are essential.
The predicted salary is between 60750 - 74250 £ 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 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 Associate to join the team.
This is an ideal opportunity for someone wanting to start a career within Risk Management. You will join the UK Independence team at a junior level, supporting the Independence team with high profile and business critical Independence matters. You will support the business in interpreting and applying Independence requirements across a range of scenarios, navigating differing regulatory expectations.
Key Responsibilities
Your core responsibilities will include:
- 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.
- 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.
Key requirements include:
- 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 elevate matters appropriately.
- Collaborative and adaptable, able to work effectively across functions and disciplines.
Risk Management - Independence Associate - Permanent employer: EY
At EY, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As part of the UK Independence team, you will have access to extensive training and development opportunities, enabling you to grow your career in Risk Management while contributing to meaningful projects that shape the future of our clients. With a commitment to innovation and collaboration, EY offers a supportive environment where your contributions are valued, making it an excellent employer for those seeking a rewarding and impactful career.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Management - Independence Associate - Permanent
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like EY looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Management - Independence Associate - Permanent
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at EY. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at EY
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with EY’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
