FSO, Business Transformation - WAM Asset Senior

EY; New York (NY); Hybrid; USD 97,000 - 178,000; Full time

Benefits offered by this job

Hybrid work model

Competitive compensation

Medical, dental, and 401(k) benefits

Job summary

EY's Asset & Wealth Management Consulting team seeks a Senior WAM Transformation professional in New York. You’ll align operating models, data, and technology with business strategy across traditional and alternative asset managers, wealth platforms, and service providers.

You’ll drive improvements in operating models, data governance, and system enablement while delivering client value and growth opportunities within EY’s global network.

Qualifications

• Bachelor’s degree in business, finance, accounting, computer science, engineering, or related discipline; MBA or MS preferred.
• Minimum of 3 years of progressive experience in asset management or wealth platforms.
• Financial services consulting experience with exposure to investment operations or technology transformation.
• Familiarity with investment systems such as Aladdin, Charles River, Eagle, eFront, Investran, Geneva, etc.
• Experience with process improvement, system implementation, project management, or middle-office outsourcing.
• Strong interpersonal, presentation, and client service skills.
• Willingness to travel; valid driver’s license and passport.

Responsibilities

• Support clients across the investment management lifecycle from product development to data management and reporting.
• Design and implement target operating models to improve scalability, cost efficiency, and governance.
• Participate in technology-enabled transformations including system selection and implementation.
• Collaborate on outsourcing strategy, automation, and digital operating models.
• Contribute to business development and knowledge sharing within the team.

Skills

Asset & wealth mgmt knowledge

Financial services consulting

Leadership & collaboration

Communication & presentation

Education

Bachelor's degree in business/finance/related

MBA or MS preferred

Tools

Aladdin

Charles River

Eagle

eFront

Investran

Geneva

Job description

FSO, Business Transformation - WAM Asset Senior

Location: New York

Other locations: Anywhere in Region

Location: New York, Chicago and Boston

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.

EY is a global leader in serving the financial services industry, and the only professional services firm with a dedicated business unit focused exclusively on financial services — the Financial Services Organization (FSO). Our specialized structure enables us to work at the forefront of change, helping clients across Banking & Capital Markets, Wealth & Asset Management, and Insurance adapt to a rapidly evolving landscape.

Our purpose is to help build a financial services industry that is trusted, resilient, and transformative — one where institutions can flourish and contribute to a healthy global economy. If you’re motivated by solving complex challenges, driving innovation, and shaping the future of financial services, we invite you to join our dynamic Asset & Wealth Management Consulting team.

The Opportunity

As part of our Asset & Wealth Management practice, you’ll help clients better align their operating models, data, and technology with their business strategies. Our work spans the full investment value chain—from front-office strategy and product development to middle- and back-office transformation and digital enablement.

You’ll serve both traditional and alternative asset managers, wealth platforms, and service providers, working on initiatives that enable efficiency, scale, and transparency.

This is an opportunity to build deep expertise across a diverse set of asset classes while developing future-ready consulting skills in operations, technology, data, and regulatory change.

Key Responsibilities

• Support clients across the investment management lifecycle, from product development and investment operations to fund accounting, data management, and reporting.
• Help design and implement target operating models that improve scalability, cost efficiency, and governance across front-, middle-, and back-office functions.
• Participate in technology-enabled transformations, including system selection and implementation (e.g., Aladdin, Charles River, Geneva, Investran, eFront, or equivalent).
• Work with clients on emerging areas such as outsourcing strategy, automation, and digital operating models.
• Contribute to business development, thought leadership, and knowledge sharing within the team, particularly around market convergence between traditional and alternative investments.
• Collaborate closely with colleagues across service lines to bring integrated EY solutions spanning operations, data, risk, finance, and technology.

Skills and Attributes for Success

• Solid understanding of the asset and wealth management industry, including investment operations, product structures, and client segments.
• Ability to translate complex business and operational requirements into practical, technology-enabled solutions.
• Strong analytical and communication skills, with the ability to distill complex findings into actionable insights for clients.
• Proven ability to thrive in collaborative, fast-paced consulting environments.

To Qualify for the Role, You Must Have

• Bachelor’s degree in business, finance, accounting, computer science, engineering, or related discipline; MBA or MS preferred.
• Minimum of 3 years of progressive experience in:
• A traditional or alternative asset management firm, fund administrator or wealth platform.
• Financial services consulting with exposure to investment operations or technology transformation.
• Familiarity with investment systems such as Aladdin, Charles River, Eagle, eFront, Investran, Geneva, etc.
• Experience with process improvement, system implementation, project management, or middle-office outsourcing.
• Strong interpersonal, presentation, and client service skills.
• Willingness to travel as required; valid driver’s license and passport.

Ideally, You’ll Also Have

• Prior consulting experience with a Big 4 or other global professional services firm.
• Understanding of how digital platforms, automation, and data solutions are transforming the investment management ecosystem.
• Experience assessing vendor solutions or service providers for fund accounting, data management, or performance measurement.

What We Look For

We’re looking for passionate, curious professionals who combine strategic thinking with hands‑on delivery. You’ll have the autonomy to drive meaningful changes for clients while collaborating with peers across EY’s global network.

If you’re excited by the opportunity to work across traditional and alternative investments — and to help define the operating models powering the future of Asset & Wealth Management — this role is for you.

What we offer you

At EY, we’ll develop you with future-focused skills and equip you with world‑class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more .

• We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $97,300 to $178,300. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $116,700 to $202,600. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
• Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year.
• Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well‑being.

EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information,national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at [e-mail] .

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.