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 transformation
• Conducting risk and compliance management framework design and operational effectiveness
• Regulatory 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 consulting
• Professional risk support for consulting, internal and external audit services
• Future operating models, including the use of technology to streamline compliance and risk management controls
• Regulatory preparedness and responding to regulatory criticism
• Providing guidance on current and emerging control practices
• Advising clients on risk culture, conduct and accountability regimes and practices
• Conducting 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 clients
• Assisting clients to maintain effective and efficient controls, to manage firm and strategic risks
• Providing advisory services to functional management and the Audit Committee on business risk profile and status or trends of related business internal controls
• Conducting internal audits and special reviews on complex or high-risk sites, in multiple disciplines across the business
• Substantive 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 models
• Use of technology and data including fintech and regtech innovation with respect to non-financial risk and compliance
• Advice and guidance on structuring approaches to emerging regulatory compliance or regulatory exam findings
• Regulatory issue remediation
• Regulatory change management including planning and communication with regulators
• Supporting mock exam reviews, policy development and drafting assistance with relationship management between regulators and financial institutions
• Assessment 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 systems
• Strong desire and ability to assimilate new knowledge including market development and regulatory change
• A 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 knowledge
• Good knowledge of banking and securities business operations as well as different banking products and services
• Demonstrate strong technical capabilities, professional knowledge, and ability to quickly assimilate new knowledge. Stay abreast of new developments in current market practices and corresponding regulatory requirements
• Ability to interact with executive levels of clients, regulators and EY management with strong presentation skills and ability to relate to stakeholders
• Demonstrated clear success in team leadership roles including team development and coaching
• Good influencing skills and stakeholder relationship management skills, advanced conflict management/resolution skills and project coordination experience
• Strong presentation skills to simplify complex information and an ability to relate to client stakeholders and understand their perspectives
• Familiarity with consulting methodologies and requirements is an advantage
• Demonstrated strength in project planning, risk assessment, and organizational skills
• Demonstrated ability to develop connection and maintain meaningful relationship with client and market stakeholders
• Proficient software skills including but not limited to PowerPoint, Excel and Word
• Excellent command of spoken and written English, fluency in Chinese written and spoken is an advantage
• Relevant professional qualifications, including Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Anti-Money Laundering Specialist (CAMS), Chartered Financial Analyst (CFA), are an advantage

 

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

Join EY and Shape the Future with Confidence.

Apply now.