Senior Consultant, Remediation, Financial Services Consulting in London
Senior Consultant, Remediation, Financial Services Consulting

Senior Consultant, Remediation, Financial Services Consulting in London

London Full-Time 55000 - 65000 £ / year (est.) Home office (partial)
F

At a Glance

  • Tasks: Support financial institutions with complex remediation programmes and regulatory risk solutions.
  • Company: Join EY, a global leader in financial services consulting.
  • Benefits: Competitive pay, flexible working, career development, and a supportive team environment.
  • Other info: Opportunities for personal and professional growth in a collaborative culture.
  • Why this job: Make a real impact in the financial sector while growing your skills and network.
  • Qualifications: Understanding of financial markets, strong communication skills, and a proactive attitude.

The predicted salary is between 55000 - 65000 £ 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 banks, insurers and wealth and asset managers. EY UK’s Remediation Team works across all sectors on a broad range of engagements with a diverse portfolio of clients, delivering consultancy services and support in regulatory risk and remediation matters. The team focuses on delivering some of the industry’s largest and most complex remediation programmes. This includes supporting firms in qualifying potential issues, root cause analysis, as well as designing and implementing past business reviews and redress schemes to calculate consumer harm.

The opportunity

Our objective is to continue being the market leader for remediation within the Financial Services sector. We collaborate and work closely with teams across EY, developing technology and regulatory risk-based solutions for our clients.

Your key responsibilities

  • Supporting firms undertaking past business reviews and remediation programmes
  • Supporting firms respond to actions agreed with the FCA including Section 166 reviews
  • Supporting firms with issue identification and health checks. This could include assessing the quality of advice given by a firm in relation to financial products, assessing a firm’s systems, or validating the measures taken by a firm to correct issues
  • Working as part of a team to support the design and/or execution of remediation activities
  • Product/file reviews and/or quality assurance support

You will:

  • Contribute to the articulation of EY findings, conclusions and recommendations in writing or verbally
  • Provide input into the application of regulatory standards and support the development of solutions to resolve complex regulatory risks and issues
  • Support engagement leaders to deliver key projects on a day-to-day basis
  • Support engagement planning, management, and leading small teams in engagements
  • Work effectively as a team member sharing responsibility, providing support and updating senior members on progress
  • Help build proposals in response to new client opportunities

Skills and Attributes for Success:

  • Knowledge and experience of regulation and/or remediation and a clear understanding of the strategic implications of regulation
  • Outstanding communication skills, displays business acumen and has the ability to work with a commercial mindset and challenging approach
  • Is highly organised, methodical and structured whilst flexible to adjust to multiple demands and has robust project management skills and experience under tight timelines
  • Is proactive, anticipating and focused. Is willing to take initiatives and propose solutions and has the ability to get things done
  • Ability to work in a client facing and consulting role, with the ability to build networks and strong relationships with clients
  • Has strong ability to work and team with a wide range of colleagues across the business, supporting them and promoting a collaborative culture

To qualify for the role, you must have some or all of the following:

  • An understanding of financial markets and regulatory standards and an ability to translate these into client solutions
  • Sound technical knowledge of financial products and/or customer-facing regulated activities (e.g. complaint handling)
  • Strong academic background, ideally to a degree level or equivalent
  • FPC or QCF Level 4 qualified (preferable but not required)

Ideally you will also have

  • Strong written and verbal communication skills for report writing and client presentations
  • Ability to prioritise and challenge
  • Ability to work in a consulting role, with the ability to build networks and relationships internally and externally

What we look for

We are looking for individuals who have a proactive attitude and are seeking the opportunity 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. Join us in building a better working world. Apply now.

Senior Consultant, Remediation, Financial Services Consulting in London employer: FP&A

At EY, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a Senior Consultant in our Remediation Team, you will benefit from comprehensive career development opportunities, flexible working arrangements, and a supportive environment that encourages collaboration and innovation. Join us in our mission to build a better working world while enjoying a competitive remuneration package and the chance to work with some of the brightest minds in the industry.
F

Contact Detail:

FP&A Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Consultant, Remediation, Financial Services Consulting in London

✨Tip Number 1

Network like a pro! Reach out to current or former EY employees on LinkedIn. Ask them about their experiences and any tips they might have for landing a role in the Remediation Team. Personal connections can make a huge difference!

✨Tip Number 2

Prepare for the interview by understanding EY's values and recent projects in the financial services sector. Show us that you’re not just another candidate; demonstrate your passion for building a better working world and how you can contribute to our mission.

✨Tip Number 3

Practice your communication skills! Since this role involves articulating findings and recommendations, consider doing mock interviews with friends or mentors. Get comfortable discussing complex regulatory issues in a clear and concise manner.

✨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 us you’re serious about joining our team at EY.

We think you need these skills to ace Senior Consultant, Remediation, Financial Services Consulting in London

Regulatory Knowledge
Remediation Experience
Root Cause Analysis
Project Management
Communication Skills
Client Relationship Management
Financial Products Knowledge
Analytical Skills
Problem-Solving Skills
Team Collaboration
Report Writing
Commercial Mindset
Adaptability
Proactive Attitude

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Consultant role. Highlight your experience in remediation and regulatory risk, and show how your skills align with what we’re looking for at EY.

Showcase Your Communication Skills: Since this role involves a lot of writing and presenting, demonstrate your outstanding communication skills. Use clear, concise language in your application to reflect your ability to articulate findings and recommendations effectively.

Highlight Relevant Experience: Don’t forget to mention any past experiences that relate to financial markets or regulatory standards. We want to see how you’ve tackled similar challenges in the past and how you can bring that expertise to our team.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining us at EY!

How to prepare for a job interview at FP&A

✨Know Your Regulations

Make sure you brush up on the latest financial regulations and remediation practices. Being able to discuss specific regulatory standards and how they apply to real-world scenarios will show that you’re not just knowledgeable but also proactive in understanding the industry.

✨Showcase Your Communication Skills

Since this role involves articulating findings and recommendations, practice your verbal and written communication skills. Prepare to present a complex idea clearly and concisely, as well as to answer questions in a way that demonstrates your business acumen.

✨Demonstrate Team Spirit

EY values collaboration, so be ready to share examples of how you've worked effectively in teams. Highlight your ability to support colleagues and contribute to a positive team culture, as this will resonate well with the interviewers.

✨Prepare for Scenario Questions

Expect to face scenario-based questions that assess your problem-solving abilities. Think about past experiences where you identified issues or implemented solutions in a regulatory context, and be prepared to discuss these in detail.

Senior Consultant, Remediation, Financial Services Consulting in London
FP&A
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>