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2064 Ernst & Young Jobs

Consultant - Risk Consulting - Insurance - Mumbai

3-5 years

₹ 9.5 - 17L/yr (AmbitionBox estimate)

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Mumbai

1 vacancy

Consultant - Risk Consulting - Insurance - Mumbai

Ernst & Young

posted 15hr ago

Job Description

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 : Senior Consultant-FS- Risk Consulting -CNS - Risk - Internal Audit - Mumbai

FS :

Amid comprehensive regulatory change, today s financial services institutions are focusing on digital transformation, convergence and disruption from an array of non traditional competitors all while meeting greater demands for trust and transparency.

To address this delicate balance of issues, our proficient team of business strategists, technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets, insurance, and wealth and asset management. The results are seamless collaboration, innovative problem solving, breakthrough performance gains and sustainable value creation.

We recruit, train and foster a diverse set of people who give their minds to building the future of financial services. Together, we explore new perspectives with innovative and innovative thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.

CNS - Risk - Internal Audit :

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

Technical Excellence

  • 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


Skills and attributes

To qualify for the role you must have
Qualification

Qualified CA, Semi-Qualified CA or MBA

Experience

3- 5 years yrs and above in Internal Audit/IFC/ICFR/Risk Management


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 postivie 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.


Employment Type: Full Time, Permanent

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What people at Ernst & Young are saying

3.3
 Rating based on 982 Consultant reviews

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Job security, good colleagues to work with, flexible working hours

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Micro management, expectations from a new joiner is very high, work - life imbalance

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Consultant salary at Ernst & Young

reported by 11.8k employees
₹5.9 L/yr - ₹19.7 L/yr
7% less than the average Consultant Salary in India
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What Ernst & Young employees are saying about work life

based on 10k employees
73%
91%
52%
93%
Flexible timing
Monday to Friday
No travel
Day Shift
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Ernst & Young Benefits

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Soft Skill Training
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Mumbai Office
Ernst & Young, 14th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar West Mumbai
Maharashtra 400028
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