About EY FSO

We are the only professional services organization who has a separate service line dedicated exclusively to the financial services marketplace. Join our Financial Services Organization and you will work with multi-disciplinary teams from around the world to provide a global perspective on the critical financial services risk and regulatory issues of today. Aligned to key industry groups including banking and capital markets, asset management and insurance, we provide highly integrated consulting, strategy and transactions, assurance and tax services.

Job Description

We are looking for ambitious individuals to join us in Non-Financial Risk (regulatory compliance, enterprise risk and controls, financial crime compliance etc.) in the senior consultant or staff associate capacity.

Wide breadth of services of NFR includes, but not limited to:

• Undertaking risk management advice, remediation and transformation

• Conducting risk management framework design and operational effectiveness

• Regulatory and compliance consulting (including but not limited to financial crime compliance, such as know your customer, customer due diligence, screening and transaction monitoring activities related consulting services)

• Enterprise risk and controls consulting

• Professional risk support for consulting, internal and external audit services

• Future operating models, including the use of technology to streamline compliance and risk management controls

• Responding to regulatory criticism and regulatory preparedness

• Providing guidance on current and emerging control practices

• Advising clients on risk culture, conduct and accountability regimes and practices

• Conducting important proactive assessments and assurance around the effectiveness of controls and corporate processes, while also providing objective consulting support

Your key responsibilities

Support EY projects with respect to:

• Substantive matters of current and emerging HKMA, SFC, and global regulatory expectations related to regulatory compliance including financial crime compliance, corporate governance, enterprise risk management, internal controls and internal audit, to our clients in the financial services industry
• Assisting clients to maintain effective and efficient controls, to manage firm and strategic risks
• Providing advisory services to functional management and the Audit Committee on business risk profile and status or trends of related business internal controls

• Conducting internal audits and special reviews on complex or high risk sites, in multiple disciplines across the business

• Substantive matters of current and emerging HKMA, SFC, and global regulatory expectations regarding key banking compliance issues such as client onboarding, investor protection, licensing including cross-border compliance, suitability, sales practices, new product processes, product development and diligence, client money, KYC, customer due diligence, financial crime risk assessments, transaction monitoring, suspicious transaction reporting etc.

• Structure and function of banking, insurance and capital markets compliance roles and responsibilities and business models

• Use of technology and data including fintech and regtech innovation with respect to non-financial risk and compliance

• Advice and guidance on structuring approaches to emerging regulatory compliance or regulatory exam findings

• Regulatory issue remediation

• Regulatory change management including planning and communication with regulators

• Supporting mock exam reviews, policy development and drafting assistance with relationship management between regulators and financial institutions

• Assessment of compliance framework, understanding of core compliance functions: risk assessment, policy management, testing, monitoring and surveillance and reporting etc.

• Supporting the revision or formulation of new policies and controls aligned with regulatory and compliance guidelines and requirements

To qualify for the role you must have

• A university degree majoring in accounting, information systems, business or legal related subjects
• Demonstration of a strong desire and ability to learn new knowledge and deliver competence
• Relevant working experience with financial institutions or with regulatory bodies, such as SFC and HKMA, etc or relevant foreign bodies with other accounting or consulting firms
• Familiarity with financial services industry regulatory requirements
• Familiarity with the financial services businesses and operational workflows
• Familiarity with consulting methodologies and requirements is an advantage
• Working experience in internal audit, compliance or risk department is highly preferred
• Strong planning and organizational skills
• Strong presentation skills and ability to relate to client stakeholders
• Proficiency software usage in cluding but not limited to of PowerPoint, Word and Excel
• Excellent command of spoken and written English, fluency in Chinese written and spoken is an advantage
• Relevant professional qualifications, including Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Anti-Money Laundering Specialist (CAMS), Chartered Financial Analyst (CFA), are an advantage

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

Join EY and Shape the Future with Confidence.

Apply now.