About EY FSO
We are the only professional services organization who has a separate service line dedicated exclusively to the financial services marketplace.
Aligned to key industry sectors including banking and capital markets, asset management and insurance, we provide highly integrated consulting, strategy and transactions, assurance and tax services.
Join our Financial Services Organization (FSO) and you will work with multi-disciplinary teams from around the world to provide a global perspective on the critical financial services risk and regulatory issues of today.
Job Description
We are looking for ambitious, curious and confident people to join us in our Non-Financial Risk (NFR) consulting team: regulatory compliance, enterprise risk and controls, also financial crime compliance in Manager or Senior Manager roles.
Wide breadth of services of NFR includes, but not limited to:
Undertaking risk and compliance management advice, remediation and transformationConducting risk and compliance management framework design and operational effectivenessRegulatory compliance consulting (including but not limited to financial crime compliance, such as know your customer, customer due diligence, screening and transaction monitoring activities related consulting services)Enterprise risk and controls consultingProfessional risk support for consulting, internal and external audit servicesFuture operating models, including the use of technology to streamline compliance and risk management controlsRegulatory preparedness and responding to regulatory criticismProviding guidance on current and emerging control practicesAdvising clients on risk culture, conduct and accountability regimes and practicesConducting important proactive assessments and assurance around the effectiveness of controls and corporate processes, while also providing objective consulting support
Your key responsibilities
Support EY projects with respect to:
Substantive matters of current and emerging HKMA, SFC, IA, MPFA and global regulatory expectations related to regulatory compliance including financial crime compliance, corporate governance, enterprise risk management, internal controls and internal audit to our financial service industry clientsAssisting clients to maintain effective and efficient controls, to manage firm and strategic risksProviding advisory services to functional management and the Audit Committee on business risk profile and status or trends of related business internal controlsConducting internal audits and special reviews on complex or high-risk sites, in multiple disciplines across the businessSubstantive matters of current and emerging HKMA, SFC, IA, MPFA and global regulatory expectations regarding key banking compliance issues such as client onboarding, investor protection, licensing including cross-border compliance, suitability, sales practices, new product processes, product development and diligence, client money, KYC, customer due diligence, financial crime risk assessments, transaction monitoring, suspicious transaction reporting etc.Structure and function of banking, insurance and capital markets compliance roles and responsibilities and business modelsUse of technology and data including fintech and regtech innovation with respect to non-financial risk and complianceAdvice and guidance on structuring approaches to emerging regulatory compliance or regulatory exam findingsRegulatory issue remediationRegulatory change management including planning and communication with regulatorsSupporting mock exam reviews, policy development and drafting assistance with relationship management between regulators and financial institutionsAssessment of compliance frameworks, understanding of core compliance functions: risk assessment, policy management, testing, monitoring and surveillance and reporting etc.Supporting the revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirements To qualify for the role you must have
University degree majoring in business or legal related subjects, accounting or information systemsStrong desire and ability to assimilate new knowledge including market development and regulatory changeA minimum of 5 years of relevant working experience with financial institutions or with regulatory bodies, such as SFC, HKMA, IA, MPFA or relevant foreign bodies or with consulting or audit firms (experience in the Mainland Chinese market or of market entry issues there would be an advantage)Robust practical experience of bank’s internal controls, regulatory compliance, risk governance and related operational knowledgeGood knowledge of banking and securities business operations as well as different banking products and servicesDemonstrate strong technical capabilities, professional knowledge, and ability to quickly assimilate new knowledge.
Stay abreast of new developments in current market practices and corresponding regulatory requirementsAbility to interact with executive levels of clients, regulators and EY management with strong presentation skills and ability to relate to stakeholdersDemonstrated clear success in team leadership roles including team development and coachingGood influencing skills and stakeholder relationship management skills, advanced conflict management/resolution skills and project coordination experienceStrong presentation skills to simplify complex information and an ability to relate to client stakeholders and understand their perspectivesFamiliarity with consulting methodologies and requirements is an advantageDemonstrated strength in project planning, risk assessment, and organizational skillsDemonstrated ability to develop connection and maintain meaningful relationship with client and market stakeholdersProficient software skills including but not limited to PowerPoint, Excel and WordExcellent command of spoken and written English, fluency in Chinese written and spoken is an advantageRelevant professional qualifications, including Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Anti-Money Laundering Specialist (CAMS), Chartered Financial Analyst (CFA), are an advantage