EY Senior Consultant - Business Consulting Risk 

India, Maharashtra, Mumbai 

607033953

Requisition Id : 1650559

TMT :

Industry convergence offers TMT (Technology, Media & Entertainment, and Telecommunications) organizations the chance to evolve and transform, but it also presents challenges around competitiveness and delivering agile corporate strategies for growth.

CNS - Risk - Digital Risk :

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 modeling 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.

Your key responsibilities

Technical Excellence

Develop AI governance framework incorporating AI governance organization structure, policies, procedures and corresponding roles and responsibilities.
Perform periodic assessments to evaluate current AI governance posture of the organization based on leading practices (such as ISO 42001:2023, NIST AI RMF, EU AI Act, etc.) and identify improvements for policy, procedures, roles and responsibilities etc.
Perform gap assessment to review current state of AI based solution to evaluate controls implemented for AI risk management including considerations for security and privacy aspects.
Perform design review for AI based solutions to ascertain adequacy of mechanism defined for managing ethical AI usage including evaluation of design aspects for addressing principles such as fairness, transparency, accountability, and privacy.
Perform threat modelling to identify security-related weaknesses (flaws) in code during the AI development phase and related lifecycle activities to evaluate input integrity, prompt validation, output management, ethics validation, plugin security and codebase control based on leading standards such as OWASP, MITRE ATLAS, etc.
Identify the external and internal dependencies of AI governance processes as well as required technologies to analyze the overall maturity of organization’s AI risk management strategy.
Perform the AI governance risk assessment to identify the AI related design, performance, and algorithmic threats and prepare a corresponding risk treatment plan.
Coordinate with internal and external stakeholders to ensure that AI risk management strategies are in place across the entire organization.
Establish AI Governance and Ethics Management Steering Committee for periodic monitoring and tracking of all aspects of AI governance establishment and identification and progress on defined goals, objectives, and initiatives.
Prepare content for AI Risk and Governance Management related trainings for user awareness.
Prepare Thought Leadership and PoVs on Responsible AI.

Skills and attributes

To qualify for the role you must have
Qualification

Bachelor’s degree in information technology, Computer Science, or a related field. Master's degree preferred.
Strong understanding of Generative and Agentic AI, familiarity with AI monitoring tools (such as IBM WatsonX.gov, Holistic AI, etc.) and techniques, AI Governance standards and best practices (e.g., NIST AI RMF, MITRE ATLAS, OWASP Top 10 for LLM, ENISA, HITRUST, ISO/IEC 23894, ISO 42001, EU AI Act).
Professional certifications such as ISO 42001 Lead Auditor, ISO 42001 Lead Implementor, AIGP or equivalent preferred.

3 to 5 years of experience

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

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.