At a Glance
- Tasks: Support firms with regulatory risk and remediation programmes, ensuring compliance and quality assurance.
- Company: Join EY, a leading consultancy firm with a focus on innovation and collaboration.
- Benefits: Competitive pay, flexible working, career development, and a range of personal benefits.
- Other info: Great opportunities for personal and professional growth in a supportive team.
- Why this job: Make a real impact in financial services while growing your skills in a dynamic environment.
- Qualifications: Understanding of financial markets, strong communication skills, and a proactive attitude.
The predicted salary is between 55000 - 65000 £ per year.
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.
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 lead 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
- Highly organised, methodical and structured whilst flexible to adjust to multiple demands and has robust project‑management skills and experience under tight timelines
- Proactive, anticipating and focused
- 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
- Strong ability to work and team with a wide range of colleagues across the business, supporting them and promoting a collaborative culture
Qualifications
- 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)
Preferred Qualifications
- 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.
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: hackajob
EY is an exceptional employer that fosters a collaborative and supportive work culture, ideal for professionals seeking to make a meaningful impact in the financial services sector. With a strong focus on employee growth, EY offers comprehensive career development opportunities, flexible working arrangements, and a competitive remuneration package tailored to individual needs. Join a team of engaging colleagues dedicated to delivering innovative solutions while enjoying the freedom to shape your role in a dynamic environment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Consultant, Remediation, Financial Services Consulting 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 hackajob. 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 Senior Consultant, Remediation, Financial Services Consulting 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 hackajob.
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 hackajob'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 hackajob
✨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 hackajob.
✨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 hackajob 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 hackajob 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.
