EY Senior Consultant- Risk Consulting - SOX 

India, Maharashtra, Mumbai 

301754155

The opportunity: Senior Consultant- Risk Consulting – SOX CCAP Control Testing - Non- FS - Mumbai

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.

Technical Excellence

• 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 / Bachelor’s 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

In addition to technical competence, what will set you up for success at EY is your ability to:

• 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 client's 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 client's business/industry to identify technological developments and evaluate impacts on the client's 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.

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.

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