Consultant - Business Consulting Risk - Risk - Digital Risk

EY; Mumbai; On-site; INR 700,000 - 1,100,000; Full time

Job summary

EY Consulting in Mumbai seeks a Consultant for Financial Services - Business Consulting Risk-CNS focusing on Risk and Process Controls in the Mumbai region. The role emphasizes evaluating internal controls, risk management and governance in financial services, including banking, insurance and asset management sectors, to deliver client value.

You will engage across teams, applying audit and control methodologies to help clients strengthen control environments, meet regulatory expectations, and

Qualifications

• CA qualification required.
• 1 year of experience in financial services risk or internal controls.
• Knowledge of internal audit methodologies.

Responsibilities

• Strong understanding of internal audit methodologies and risk-based control assessment within financial services.

Skills

Internal audit

Risk assessment

Control testing

Documentation

Data analysis

Education

CA

Job description

Job Summary

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

Finance fuels our lives. Banking, Insurance and Wealth management, create the foundations for growth, prosperity and peace of mind. No other Industry touches so many people or shapes so many lives.

Amid sweeping regulatory change, todays financial services institutions are focusing on digital transformation, convergence and disruption from an array of nontraditional competitors all while meeting greater demands for trust and transparency.

To address this delicate balance of issues, our competent 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 nurture a diverse set of people who dedicate their minds to building the future of financial services. Together, we explore new perspectives with innovative and entrepreneurial thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.

CNS - Risk - Process Controls :

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

• Strong understanding of internal audit methodologies and risk-based control assessment frameworks within financial services environments. Hands-on experience in internal financial controls testing, including design and operating effectiveness evaluation of key controls. Ability to document, test, and report process and control observations with accuracy and attention to detail. Proficient in supporting audit and control engagements through data gathering, walkthroughs, evidence validation, and issue tracking. Exposure to general consulting assignments with the ability to manage multiple workstreams and adapt quickly to evolving client requirements.

Qualification

• CA

Experience

• 1 year

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.