Financial Services – Regulatory Compliance - Consumer - Senior – Consulting
Our consultants include industry practitioners, former regulators and lawyers with a diverse combination of experiences. This unique combination of expertise helps us bring the most creative and innovative solutions to our clients across the globe.
Your key responsibilities
- Consistently deliver quality client services. Monitor progress, manage risk and ensure key stakeholders are kept informed about progress and expected outcomes. Stay informed of current business and industry trends relevant to the client's business
- Demonstrate in-depth technical capabilities and professional knowledge
- Demonstrate ability to assimilate to new knowledge
- Establish relationships with client personnel at appropriate levels
- Possess good business acumen. Remain current on new developments in advisory services capabilities and industry knowledge.
Skills and attributes for success
- You’ll stay informed of timely regulatory and risk management updates while understanding clients’ unique challenges within their businesses. Collaborating with colleagues and leadership, you will manage and deliver outstanding work products
To qualify for the role, you must have
- A bachelor's or graduate degree in finance, economics, law, or a related discipline
- Approximately 2 years of work experience in a regulatory compliance oriented role or 1-2 years of experience in a risk management or consumer banking consulting role
- Strong communication skills for report writing and client presentations
- Strong organizational skills and ability to manage competing priorities
- Analytical skills: ability to understand and assess financial services industry processes utilizing a compliance and control focus
Ideally, you’ll also have
- Relevant experience with federal regulatory agency (Office of the Comptroller of the Currency (OCC), Federal Reserve Bank (FRB) or Consumer Financial Protection Bureau (CFPB)), or financial services organization Compliance Department
- Knowledge of regulatory expectations related to Compliance Management Systems and Compliance Risk Management Programs for financial institutions serving consumers
- Experience in assessing and decomposing financial services industry processes utilizing a risk and control focus
- Experience with compliance program assessment, compliance program design and implementation assistance, development or evaluation of compliance policies and procedures, compliance program testing, and development and evaluation of compliance program testing
- Consumer lending product knowledge (e.g., mortgage, auto, credit card, payments), consumer lending life cycle knowledge (e.g., marketing, origination, pricing, risk and servicing), consumer regulation knowledge (e.g., fair lending, CRA, UDAAP, TILA, RESPA), regulatory requirements of the Federal Reserve, OCC, and/or FDIC
- Experience with design, development and implementation of internal controls and/or testing of internal controls for financial services business processes
What we look for
- Innovative, creative and passionate individuals who demonstrate effective leadership, project management and teamwork skills. You are always willing to accept new challenges to take your careers to the next level
- Relevant experience in the development and delivery of client engagements, thought leadership materials, and significant practice development initiatives
- Prior experience with a consulting firm, regulator, or financial institution preferred or a demonstrated ability to function effectively in a fast-paced, client serving consulting environment
- A valid driver's license and passport required; willingness and ability to travel in order to meet client needs
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.