Senior Manager - WAM Risk & Regulatory Advisory

Ernst & Young Advisory Services Sdn Bhd; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading company in financial services is seeking a Senior Manager for its Wealth & Asset Management Risk & Regulatory Advisory team in London. The role involves leading compliance and risk management projects, mentoring staff, and engaging with clients on regulatory frameworks. The company values proactive individuals eager to contribute to transformation in the WAM sector and offers competitive compensation, professional growth opportunities, and a supportive work environment.

Benefits

Flexible working options

Continuous learning opportunities

Diverse and inclusive culture

Career development support

Qualifications

• Significant experience in Regulatory Risk / Compliance Team in WAM.
• Experience managing and developing people.
• Passion for transforming the financial services industry.

Responsibilities

• Lead day-to-day management of engagements for Wealth & Asset management clients.
• Conduct regulatory due diligence and compliance monitoring.
• Mentor staff and develop client relationships to promote EY services.

Skills

Knowledge of Compliance and Risk Frameworks

Business Consulting Experience

Project Management Skills

Stakeholder Management

Client Liaison Skills

Education

Strong Academic Background

Job description

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Location: London

Other locations: Primary Location Only

Date: 4 Jul 2025

Requisition ID: 1596339

Senior Manager, Wealth & Asset Management Risk & Regulatory Advisory

EY's Financial Services practice is a unique industry-focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers, insurance and energy trading companies.

EY UK’s Wealth & Asset Management Risk & Regulation Team is the largest in EMEIA and have a market leading position in Risk Management services, working across the wealth & asset management market on a broad range of engagements with a diverse portfolio of clients.

The Wealth & Asset Management Risk & Regulation Team focusses on delivering sustainable benefits to our clients though enhancing business decisions based on improved and effective risk management.

The opportunity

Our objective is to be market leading in supporting the delivery of the CRO and CCO’s agenda. Accordingly, the Wealth & Asset Management Risk & Regulation Team look to offer both breadth and depth in all Regulatory / Compliance and Risk Management initiatives ranging from Regulatory Change programmes, Regulatory Due Diligence services during transactions, providing advice on a specific element of the Conduct or Risk Management Frameworks in more detail, through to delivering a full Risk and Compliance Transformation programmes for the client, collaborating with multiple EY Teams.

Your key responsibilities

As a Senior Manager within the Wealth & Asset Management Risk & Regulation Team, typical engagements you can expect to be involved in include the following:

• Compliance Target Operating Model including Compliance Monitoring
• Regulatory Change programmes
• Regulatory Due Diligence during transactions
• Skilled Person Reviews
• Review & Recommend reports on FCA Handbook rules
• Investment Risk
• Funds regulation in UK and Europe
• Regulatory Reporting
• Fund and legal entity authorisations

The successful candidate will be expected to:

• Play a significant role in the delivery of our engagements to Wealth & Asset management clients through the articulation of EY findings, conclusions and recommendations in writing or verbally based on a deep understanding of regulatory requirements to the WAM market
• Take responsibility for engagement planning and management on a day to day basis
• Act as day to day lead, managing teams where required
• Own the analysis of emerging issues, the articulation of an EY point of view and the development of an EY proposition on agreed topics
• Strong written and verbal communication skills for report writing and client presentations
• Identify additional opportunities for EY to perform advisory services to their clients
• Where needed, lead the proposals process for new client opportunities
• Develop client relationships and utilise your network to identify opportunities for EY to perform additional services
• Work effectively as a team member sharing responsibility, providing support and updating senior members on progress
• Mentor staff and conduct performance reviews and contribute to performance feedback for staff
• We are looking for individuals who have a proactive attitude and are seeking the opportunity for personal and professional growth.

Skills and attributes for success

• Knowledge and experience of Compliance and Risk Frameworks in Wealth & Asset Management
• Business consulting experience, with excellent client liaison and communication skills as well as commercial awareness
• Strong project management experience ideally relating to compliance and risk projects in WAM businesses
• Ability to work in a client facing and consulting role, with the ability to build networks and relationships
• Excellent stakeholder management and communication skills Ability to develop new business opportunities for WAM Regulatory & Risk to deliver
• Knowledge of Alternatives as an asset class and experience of doing Risk and/or Compliance work in relation to Alternatives will be a helpful attribute.

To qualify for the role, you must have some or all of the following:

• Significant experience of working within a Wealth or Asset Managers’ Regulatory Risk / Compliance Team orexperience of delivering these services for another Advisory firm
• Strong academic background
• Experience of managing and developing people

What we look for

We are looking for people passionate about accelerating their careers in the WAM sector and who want to help transform the financial services industry. If you have relevant experience in advisory roles, a passion for enacting change in the WAM industry, combined with the drive to help businesses achieve their potential, this role is for you.

What we offer

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings, and a wide range of discounts, offers and promotions. Plus, we offer:

• Continuous learning:You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you:We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership:We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture:You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

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

The exceptional EY experience. It’s yours to build.

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