Senior Analyst - Business Consulting Risk and Process Controls

Ernst & Young LLP ( EY India ); Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Career development programs

Learning resources

Inclusive culture

Job summary

Ernst & Young LLP ( EY India ) in Mumbai seeks a Senior Analyst for FS - CNS - Risk - Process & Controls. You will contribute to risk assessments, internal controls testing, and audit deliverables within the Financial Services sector.

The role requires a Bachelor of Commerce and 1+ year of control testing experience, with the ability to analyze processes and document observations. EY offers extensive learning opportunities and a supportive, inclusive culture.

Qualifications

• Demonstrated experience in Internal Audit with audit planning, execution and issue tracking.
• Proficient in performing Risk and Compliance assessments to identify control gaps and support remediation.
• Ability to analyze business processes, evaluate risks, and document control observations.
• Experience in supporting process and controls reviews and testing of key controls.

Responsibilities

• Demonstrated experience in Internal Audit, with a strong understanding of audit planning, execution, and issue tracking.
• Proficient in performing Risk and Compliance assessments to identify control gaps and support remediation efforts.
• Able to apply general consulting skills to analyze business processes, evaluate risks, and document control observations.
• Experience in supporting process and controls reviews, including testing of key controls and preparation of audit deliverables.
• Exposure to insurance domain concepts is preferred to strengthen risk evaluation in relevant client environments.

Skills

Internal Audit

Risk assessment

Control testing

Audit documentation

Education

Bachelor of Commerce

Job description

Senior Analyst - Business Consulting Risk - FS - CNS - Risk - Process & Controls - Mumbai

Requisition Id: 1747388

About the company

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world.

This starts with a culture that believes in giving you the training, opportunities and creative freedom.

At EY, we don't just focus on who you are now, but who you can become. We believe that it's your career and 'It's yours to build' which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

Opportunity

Senior Analyst-FS-Business Consulting Risk-CNS - Risk - Process & Controls - Mumbai FS: 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, today's 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 three 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

• Demonstrated experience in Internal Audit, with a strong understanding of audit planning, execution, and issue tracking.
• Proficient in performing Risk and Compliance assessments to identify control gaps and support remediation efforts.
• Able to apply general consulting skills to analyze business processes, evaluate risks, and document control observations.
• Experience in supporting process and controls reviews, including testing of key controls and preparation of audit deliverables.
• Exposure to insurance domain concepts is preferred to strengthen risk evaluation in relevant client environments.

Skills and attributes

• Qualification: Bachelor of Commerce
• Experience: 1+ years in control testing related activities

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.

What we offer

Fuelled by the brilliance of our people, EY has emerged as the strongest brand and the most attractive employer in our field, with market-leading growth over competitors. Our people work side-by-side with market-leading entrepreneurs, game-changers, disruptors, and visionaries. As an organization, we are investing more time, technology, and money than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills, and opportunities. EY is equally committed to being an inclusive employer, and we strive to achieve the right balance for our people - enabling us to deliver excellent client service while allowing our people to build their careers as well as focus on their wellbeing.

Experience Level: Senior Level