Consultant- Risk Consulting -Internal Audit - Insurnace - Mumbai

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we dont just focus on who you are now, but who you can become. We believe that it s your career and It s yours to build which means potential here is limitless and well provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Consultant- Risk Consulting -Internal Audit - Insurnace - Mumbai

Risk Consulting : EY excels in innovative and transformative internal audit (IA) and internal controls solutions that are tailored to respond to disruptive market forces and help clients translate uncertainty into confidence while accelerating performance. Our approach aligns with the organization s changing business objectives by using technologies like robotics and analytics to elevate the profile of IA while helping to address complex and emerging risk areas across sectors and geographies, providing flexible and scalable services to help achieve desired future state while balancing cost-effectiveness, better risk coverage and increased value. Our IA transformation services range from performing strategic and tactical diagnostics to building a transformation road map that is focused on digitalization through outsourcing, teaming or performing elements as a managed service, to help provide new solutions that assist in aligning the IA function to the business strategy.

EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services.

Your key responsibilities:

We are a rapidly growing 140-member business consulting practice focused on FS (mainly asset management and insurance sectors but not including banks). We perform a variety of internal audit and other risk advisory engagements such as SOX/ IFC/ ICFR, risk management (ERM/ ORM), process reviews / standard operating procedures (SOP), data analytics and other governance, risk compliance (GRC) engagements for large global and Indian clients.

The current role requires executing internal audit and other risk consulting engagements for asset managers or reviewing investment processes for insurance companies.

As part of the role, the candidate is expected to:

Perform end-to-end internal audits from planning to reporting including process understanding, walkthroughs, preparation of risk and control matrix / audit work program, control testing to assess their design and operating effectiveness, preparation of audit report and agreeing issues/ actions with management.

Have an in-depth understanding of the asset management industry risks/ issues / trends and endto-end investment process (front, mid and back office processes) for all asset classes including fixed income, equities, derivatives, real estate, private equity/ hedge funds and alternatives.

Have thorough knowledge and understanding of Internal Audit and SOX/ ICFR methodology and IIA requirements.

Deliver / manage engagements to time, cost and high quality.

Identify key areas of improvement in the clients business processes and add value by preparing insightful recommendations.

Contribute to business development activities such as preparing proposals, lead identification

Always comply with the firm s quality and risk management policies

Personal Attributes:

Excellent oral and written communication skills

Ability to work independently with minimum supervision

Ability to quickly learn and handle new areas / solutions by leveraging internal and external knowledge sources

Proactively anticipate engagement related risks and escalate issues as appropriate

Strong relationship management skills to actively establish stakeholder / client (process owner/functional heads) and internal relationships

Team player looking for opportunities to contribute to wider team goals

Proficient in MS Office (Excel, Word, PowerPoint) skills, data analytics

As part of a high-performing team, the individual should be self-motivated and willing to stretch to meet client and practice requirements

Ability to work on multiple engagements/ clients concurrently

Willingness to work across time zones and flexible to travel in future if needed

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful and able to sustain positive energy, while being adaptable and creative in their approach.

What we offer

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.

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.