Associate Consultant - Business Consulting Risk - FS - CNS

EY; Mumbai; On-site; INR 700,000 - 1,000,000; Full time

Job summary

EY in Mumbai invites applications for an Associate Consultant in FS-Business Consulting Risk-CNS - Risk - Process Controls. The incumbent will apply internal audit methodology to risk assessment, audit planning, and fieldwork, while designing and testing control frameworks within financial services operations.

Responsibilities include identifying control gaps, remediation, and preparing risk/control matrices, process flowcharts, and audit working papers to deliver insightful and practical risk

Qualifications

• Bachelor of Commerce is required.
• Experience in IA and risk & control frameworks is preferred.
• Ability to document processes, controls, and audit work papers with clarity.

Responsibilities

• Apply IA methodology to risk assessment, audit planning, and fieldwork in financial services.
• Design, document, and test process and control frameworks within financial services operations.
• Identify control gaps and recommend remediation aligned with regulatory standards.
• Prepare risk and control matrices, process flowcharts, audit working papers and reports.
• Apply structured consulting frameworks to analyze business processes and deliver insights.

Skills

Internal audit

Risk assessment

Audit planning

Fieldwork

Process controls design

Gap analysis

Documentation

Education

Bachelor of Commerce

Job description

Job Summary

The opportunity: Associate Consultant-FS-Business Consulting Risk-CNS - Risk - Process Controls - Mumbai

Your key responsibilities

Technical Excellence

• Solid understanding of internal audit (IA) methodology, including risk assessment, audit planning, and fieldwork execution.
• Proficient in designing, documenting, and testing process and control frameworks within financial services operations.
• Skilled in identifying control gaps and recommending remediation aligned with regulatory and industry standards.
• Experienced in preparing risk and control matrices, process flowcharts, audit working papers, and audit reports.
• Capable of applying structured consulting frameworks to analyze business processes and deliver risk and control insights.

Qualification

• Bachelor of Commerce

Experience

• IA

What we look for

People with the ability to work in a collaborative manner to provide services across multiple client departments while following the 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. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.