EY FSO - Consulting Financial Services Risk 

China, Hong Kong, Hong Kong Island 

340834647

Wide breadth of services of FSRM including, but not limited to:

• Undertaking risk management advice, remediation and transformation

• Conducting risk management framework design and operational effectiveness

• Regulatory and compliance consulting

• Enterprise risk and controls consulting

• Professional risk support for consulting, internal and external audit services

• Future operating models

• Responding to regulatory criticism and regulatory preparedness

• Providing guidance on current and emerging control practices

• Advising clients on risk culture, conduct and accountability regimes and practices

• Conducting important proactive assessments and assurance around the effectiveness of controls and company processes, while also providing objective consulting support

Lead EY projects with respect to:

• Substantive matters of current and emerging HKMA, SFC, and global regulatory expectations regarding key banking compliance issues such as client onboarding, investor protection, licensing including cross-border compliance, suitability, sales practices, new product processes, product development and diligence, client money, KYC etc.

• Structure and function of banking compliance roles and responsibilities and business models

• Use of technology and data including fintech and regtech innovation with respect to banking

• Advice and guidance on structuring approaches to emerging regulatory compliance or regulatory exam findings

• Regulatory issue remediation

• Regulatory change management including planning and communication with regulators

• Support mock exam reviews, policy development and drafting assistance with relationship management between regulators and financial institutions

• Compliance framework – understanding of core compliance functions: risk assessment, policy management, testing, monitoring and surveillance and reporting etc.

• Support the revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirements

To qualify for the role you must have

• A university degree majoring in accounting, information systems, business or legal related subjects

• Solid work experience in banks, regulators or reputable international accounting/consulting firms with in-depth knowledge of regulatory compliance and risk management in banking sector

• Robust practical experience of banks’ internal controls, regulatory compliance, risk governance and related operational knowledge (e.g. operational risk, operational resilience)

• Good knowledge of banking and securities regulations and business operations as well as different banking products and services

• Good command of both written and spoken English and Chinese

• Ability to interact with executive levels of clients, regulators and EY management

• Good influencing skills and stakeholder relationship management skills, advanced conflict management/resolution skills and project coordination experience

• Strong report-writing skills, with ability to create and organize varying forms of business information while developing it into clear, meanngful, professional reports and presentations