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Engaged Employer

Ernst & Young

Compare

3.4

based on 10.8k Reviews

Video summary

244 Ernst & Young Jobs in Mumbai

Senior Consultant- Risk Consulting - SOX CCAP Control Testing

Ernst Young

3.4

based on 10.8k Reviews

3-7 years

₹ 4.7 - 33L/yr (AmbitionBox estimate)

Mumbai

1 vacancy

Senior Consultant- Risk Consulting - SOX CCAP Control Testing

Ernst & Young

posted 3d ago

Job Role Insights

Flexible timing

Key skills for the job

Outsourcing MS Office Financial Services Enterprise Risk Management Business Strategy Client Management

+ 3 more

Job Description

Financial Services Risk - helps clients in the financial sector to identify, manage and monitor the risks in their business. It is done through a transformative and agile approach including process and procedures, risk, data modelling and analytics, reporting to stakeholders and third parties, business requirements (for software selection and IT implementation), analysis of assets and liabilities, and capital and liquidity management. The objective of our advisory risk services is to provide clients with a candid and reliable overview of their risk landscape. Our solutions can be used by our clients to build confidence and trust with their customers, the overall market and when required by regulation or contract. You will be responsible for executing client related engagements in the areas of governance, risk & compliance (GRC), internal audits, process reviews, standard operating procedures, enterprise risk management, revenue assurance, IFC, Clause 49 assistance.

Your key responsibilities

Work with Finance Functional colleagues to develop an in-depth understanding of the Risks & Controls of the assigned function and assist in evaluation of the design and performance effectiveness of the controls built in the processes.
Conducting SOX CCAP and CORE control testing and Issue Validation process.
Provide supervisory support for the end-to-end execution of control testing
Support the design, implementation, and monitoring of internal controls to ensure operational efficiency and compliance with legal and regulatory requirements.
Collaborate with Process/Control Owner on testing schedule, obtain walkthrough of the process, document process changes, evidence gathering, analysis of potential issues and reporting of those issues.
Conduct in-depth reviews of testing performed to ensure control gaps/ deficiencies are identified, tracked and reported and their remediation by process owners. Recommend remediations for issues and action plans on a timely basis
Support in preparing process documents, process flows and other required documents
Timely completion of testing engagements in accordance with the testing plan.
Maintaining the Risk Assessment Structure (RAS) in the Control and Operational Risk Evaluation (CORE) tool and update the same in a timely manner.
Support special initiatives and projects, as needed. Identifying and Implementing efficiencies and process improvements.
Need to be team player who can adapt to working in a complex organization, partnering with diverse group of stakeholders and achieving results.

To qualify for the role you must have

CA / bachelors in accounting or finance.
3 - 7 years of experience in Internal control / audit will be added advantage
Strong skills in time management, problem solving, written and verbal communication.
Strong MS Office skillset.
Ability to multi-task and prioritize tasks effectively.

Skills and attributes

Determine that the work delivered is of high quality.
Anticipate and identify engagement related risks and escalate issues as appropriate.
Actively establish client (process owner/functional heads) and internal relationships.
Assist and share knowledge with team members, Seniors and Managers in developing new methodologies and internal initiatives and participate in performing procedures especially focusing on complex, judgmental and/or specialized issues. Work with the team and the client to create plans for accomplishing engagement objectives and a strategy that complies with professional standards and advise clients to understand and manage their business risks and verify the validity of their business information
Brief the engagement team on the clients IA environment and industry IA trends. Maintain relationships with client management to manage expectations of service, including work products, timing, and deliverables. Demonstrate a thorough understanding of compliance, financial, and operational risks along with performing internal control testing, develop internal audit plans, and provide internal audit services on an outsourcing basis. Assess internal controls and SOX framework in order to mitigate risk and apply it to client situations
Bring and utilize extensive knowledge of the clients business/industry to identify technological developments and evaluate impacts on the clients business. Demonstrate excellent project management skills, inspire teamwork and responsibility with engagement team members, and use current technology/tools to enhance the effectiveness of deliverables and services.
Understand EY and its service lines and actively assess what the firm can deliver to serve clients.

Employment Type: Full Time, Permanent

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Ernst & Young Interview Questions & Tips

Prepare for Ernst & Young Senior Consultant roles with real interview advice

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What people at Ernst & Young are saying

3.4

Rating based on 1.3k Senior Consultant reviews

Anonymous · Consulting in Bangalore / Bengaluru

Likes

There is great opportunity for learning and exposure to the consulting world. Will get chance to interact with great leaders

Skill development - Excellent

+1 more

Dislikes

Work life balance is extremely bad, there is always urgency which sometimes is not necessary. Office politics always ignores the personal development of individual contributors. The organisation as a whole follows a very toxic work culture