EY FS-RISK CONSULTING-PROCESS CONTROLS-SENIOR-RCSA 

India, Karnataka, Bengaluru 

371518137

Job Role: Senior Consultant – Financial Services – 1st Line of Defence Control Testing

This is a client-facing role in a rapidly growing practice, where you’ll build client relationships with key stakeholders, including management executives for some of the most globally recognized brands. It makes this the perfect place to gain a deeper understanding of complex businesses transactions, all the while recommending solutions to some of the most pressing business challenges and process inefficiencies. You'll also team with our performance improvement professionals in multidisciplinary engagements, helping major global clients transform and sustain business performance. By plugging into our market-leading global network, you'll gain the experience you need to become an exceptional Risk Advisor.

What to expect:

There really is no average day in this role, since every client will have multi-faceted challenges and a distinct business environment. What it means is that you’ll have an opportunity to learn and adapt to our clients’ cultures and contribute towards developing unique solutions that are tailored to individual engagements. Whichever industry or client you’re working with, you’ll have plenty of opportunities to expand your business network and transform yourself into a truly global professional.

Client Management

• Understand the client’s business & related industry issues/trends
• Develop strong working relationships with client and onshore client teams
• Maintain excellent rapport and proactive communication with the client

Market Leadership

• Participate and support business development initiatives
• Support the practice in developing thought leadership content and other innovation initiatives from time to time.

Primary Responsibilities

• Control Testing
  • Conduct in-depth evaluations of client process narratives, flowcharts, and risk control matrices to ensure they accurately represent operational processes and controls. Lead detailed walkthroughs with business owners to collect critical information, confirming that controls are well-designed, effectively mitigate risks, and function as intended.
  • Oversee the RCSA process for client departments or functions, setting the scope and timelines in partnership with the client's 1st Line of Defence. Provide expert advice on RCSA developments and offer strategic insights during meetings with business and support functions.
  • Manage and execute control testing to assess operational effectiveness, including selecting samples, performing tests, and verifying control operations. Maintain rigorous documentation of results, evidence, and exceptions, ensuring completeness and currency of all records.
  • Assist in the preparation of detailed assessment reports for senior management, highlighting key findings and strategic recommendations. Propose updates to process maps, policies, and procedures to incorporate new risks and controls, enhancing risk mitigation strategies.
  • Participate in and lead projects related to the 1st Line of Defence, such as tool implementation and reporting enhancements, aimed at improving risk data aggregation and control testing processes. Conduct quality reviews of control testing assessments to ensure consistency and accuracy and provide periodic status updates to stakeholders.
• Quality Control
  • Meet quality guidelines within the established turnaround time (or allotted budget) for assigned request
  • Deal with workload without compromising standards
  • Teaming with individuals from diverse backgrounds and helping foster an inclusive team-oriented work environment. In addition, you will have access to EY’s global network, including affinity networks, industry networks and community networks
  • Mentor and coach junior team members, enabling them to meet their performance goals and successfully grow their careers.

Operational Excellence

• Ensure compliance with risk management strategies, plans and activities of the firms
• Manage the engagement budgets and support supervisors in developing marketing material, business proposals and new solution / methodology development
• Supporting the engagement manager in planning and scheduling optimum staff levels for engagements.

To qualify you must have:

• Minimum 2-6 years of experience of serving in a similar role, Big 4 experience preferred.
• Graduated in Accounting/Business from reputed university.
• CPA/ACCA/MBA Finance / Chartered Accountancy (India)
• CIA or CRMP other similar certifications preferred.
• Proficient in MS-Office Suite, understanding of data analytics tools.
• Proficient in Process modelling tools (Visio, IBM Blueworks etc.)
• Working knowledge of SAP, Archer or other leading GRC platforms
• Globally mobile and flexible to travel to onsite locations.
• Technical experience in Controls Testing, Finance, Operations or Regulatory Compliance
• Strong Oral & Written Communication Skills, ability to articulate discussions.
• Problem solving skills and ability to multitask is essential.
• Team player with strong interpersonal skills
• Ability to prioritize deliverables effectively to achieve optimum results.

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.