Manager - Manager-- Compliance Audit/ Regulatory Compliance - Insurance Exp
- Recruiter
- EY India.
- Location
- Mumbai, Maharashtra, India
- Salary
- Competitive salary
- Posted
- 23 May 2023
- Closes
- 22 Jun 2023
- Ref
- 1420325
- Approved employers
- Approved employer
- Job role
- Audit, Compliance/risk
- Experience level
- Manager
Requisition Id : 1420325
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and 'It's yours to build' which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.
The opportunity : Manager-- Compliance Audit/ Regulatory Compliance - Insurance Exp
FS :
Amid comprehensive regulatory change, today's financial services institutions are focusing on digital transformation, convergence and disruption from an array of non traditional competitors - all while meeting greater demands for trust and transparency.
To address this delicate balance of issues, our proficient team of business strategists, technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets, insurance, and wealth and asset management. The results are seamless collaboration, innovative problem solving, breakthrough performance gains and sustainable value creation.
We recruit, train and foster a diverse set of people who give their minds to building the future of financial services. Together, we explore new perspectives with innovative and innovative thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.
3-BC-IA :
EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services.
We help our clients in identifying and managing the interplay between upside and downside risk in order to make the long-term decisions to prevent risk and impact on their organization's ability to meet its future business strategy and objectives. The 3 key fields of play are :
Enterprise Risk - helps clients identify and address key risk areas, while building the agility to respond quickly. The areas of focus include Enterprise risk and resilience, Internal audit, Compliance and Internal controls
Technology Risk - helps clients to achieve sustainable growth by supporting their efforts to protect their business performance and by providing trusted communications on internal control and regulatory compliance to investors, management, regulators, customers and other stakeholders. EY teams accomplish this by assessing the technology risks that are introduced to businesses.
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
The Candidate will be involved in the development, planning and/or performing of Compliance audits across the firm with a focus around EMEA regulations and including:
• Assisting in the preparation of audit planning memoranda.
• Identifying and evaluating key risks and contributing to establishing audit scope.
• Leading walkthrough meetings and discussions with the purpose of developing audit test programs and identifying control issues.
• Executing audits in line with audit test programs and within time budgets and leading certain aspects of audits/reviews.
• Appropriately assessing potential findings for significance.
• Drafting audit reports; writing clear and concise findings
• Communicating audit findings to the Internal Audit lead auditor and client management; assist with negotiating finalization of issues with senior client management.
• Track implementation of recommended processes designed to strengthen internal controls.
• Developing solid working relationship with clients
• Ability to travel when required (minimal).
Skills and attributes
To qualify for the role you must have
Minimum of 6+ years of audit or compliance experience with a financial services firm is essential with a focus on regulatory compliance.
• Working knowledge of the financial services regulatory environment with an emphasis on Compliance activities and broker/dealer rules and regulations
• Strong communication, interpersonal skills and team skills;
• Ability to work globally and across teams
• Proven ability to manage projects.
• Proficient understanding of the internal audit process;
• Proven ability to collaborate within a team structure;
• Proven ability to learn quickly and think critically;
• Strong written and verbal communication skills;
• Proven ability to work on multiple assignments, while meeting deadlines;
• Able to work independently with multi-tasking
To qualify for the role you must have
• Bachelor's Degree in Business, Finance, Accounting with 5-7 years of experience.
• Certified Internal Auditors from IIA or Chartered Accountant from ICAI
• MBA or Post Graduate degree is preferred.
Big 4 experience preferred.
• Prior regulatory experience or experience communicating with regulators a plus
Ideally you'll also have
• Strong communication, facilitation, relationship-building, presentation and negotiation skills.
• Be highly flexible, adaptable, and creative.
• Comfortable interacting with senior executives (within the firm and at the client)
• Strong leadership skills and supervisory responsibility.
What we look for
People with the ability to work in a collaborative way to provide services across multiple client departments
while adhering to 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.
What working at EY offers
EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements.
We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst
allowing you to build your career without sacrificing your personal priorities. While our client-facing
professionals can be required to travel regularly, and at times be based at client sites, our flexible working
arrangements can help you to achieve a lifestyle balance.
About EY
As a global leader in assurance, tax, transaction and advisory services, we're using the finance products,
expertise and systems we've developed to build a better working world. That starts with a culture that believes
in giving you the training, opportunities and creative freedom to make things better. Whenever you join,
however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and
developing the most passionate people, we'll make our ambition to be the best employer by 2020 a reality.
As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and 'It's yours to build' which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.
The opportunity : Manager-- Compliance Audit/ Regulatory Compliance - Insurance Exp
FS :
Amid comprehensive regulatory change, today's financial services institutions are focusing on digital transformation, convergence and disruption from an array of non traditional competitors - all while meeting greater demands for trust and transparency.
To address this delicate balance of issues, our proficient team of business strategists, technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets, insurance, and wealth and asset management. The results are seamless collaboration, innovative problem solving, breakthrough performance gains and sustainable value creation.
We recruit, train and foster a diverse set of people who give their minds to building the future of financial services. Together, we explore new perspectives with innovative and innovative thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.
3-BC-IA :
EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services.
We help our clients in identifying and managing the interplay between upside and downside risk in order to make the long-term decisions to prevent risk and impact on their organization's ability to meet its future business strategy and objectives. The 3 key fields of play are :
Enterprise Risk - helps clients identify and address key risk areas, while building the agility to respond quickly. The areas of focus include Enterprise risk and resilience, Internal audit, Compliance and Internal controls
Technology Risk - helps clients to achieve sustainable growth by supporting their efforts to protect their business performance and by providing trusted communications on internal control and regulatory compliance to investors, management, regulators, customers and other stakeholders. EY teams accomplish this by assessing the technology risks that are introduced to businesses.
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
The Candidate will be involved in the development, planning and/or performing of Compliance audits across the firm with a focus around EMEA regulations and including:
• Assisting in the preparation of audit planning memoranda.
• Identifying and evaluating key risks and contributing to establishing audit scope.
• Leading walkthrough meetings and discussions with the purpose of developing audit test programs and identifying control issues.
• Executing audits in line with audit test programs and within time budgets and leading certain aspects of audits/reviews.
• Appropriately assessing potential findings for significance.
• Drafting audit reports; writing clear and concise findings
• Communicating audit findings to the Internal Audit lead auditor and client management; assist with negotiating finalization of issues with senior client management.
• Track implementation of recommended processes designed to strengthen internal controls.
• Developing solid working relationship with clients
• Ability to travel when required (minimal).
Skills and attributes
To qualify for the role you must have
Minimum of 6+ years of audit or compliance experience with a financial services firm is essential with a focus on regulatory compliance.
• Working knowledge of the financial services regulatory environment with an emphasis on Compliance activities and broker/dealer rules and regulations
• Strong communication, interpersonal skills and team skills;
• Ability to work globally and across teams
• Proven ability to manage projects.
• Proficient understanding of the internal audit process;
• Proven ability to collaborate within a team structure;
• Proven ability to learn quickly and think critically;
• Strong written and verbal communication skills;
• Proven ability to work on multiple assignments, while meeting deadlines;
• Able to work independently with multi-tasking
To qualify for the role you must have
• Bachelor's Degree in Business, Finance, Accounting with 5-7 years of experience.
• Certified Internal Auditors from IIA or Chartered Accountant from ICAI
• MBA or Post Graduate degree is preferred.
Big 4 experience preferred.
• Prior regulatory experience or experience communicating with regulators a plus
Ideally you'll also have
• Strong communication, facilitation, relationship-building, presentation and negotiation skills.
• Be highly flexible, adaptable, and creative.
• Comfortable interacting with senior executives (within the firm and at the client)
• Strong leadership skills and supervisory responsibility.
What we look for
People with the ability to work in a collaborative way to provide services across multiple client departments
while adhering to 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.
What working at EY offers
EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements.
We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst
allowing you to build your career without sacrificing your personal priorities. While our client-facing
professionals can be required to travel regularly, and at times be based at client sites, our flexible working
arrangements can help you to achieve a lifestyle balance.
About EY
As a global leader in assurance, tax, transaction and advisory services, we're using the finance products,
expertise and systems we've developed to build a better working world. That starts with a culture that believes
in giving you the training, opportunities and creative freedom to make things better. Whenever you join,
however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and
developing the most passionate people, we'll make our ambition to be the best employer by 2020 a reality.
Similar jobs
-
New
-
New
-
New