Financial Services Advisory Senior 1&2 - McLean-00569

Description Ernst & Young's Financial Services Advisory (FSA) unit is a specialty advisory practice that provides integrated market, credit and operational risk management; operations improvement, business integration, and strategic cost management; and regulatory and treasury advisory services to financial institutions and other capital markets participants. FSA includes individuals who have industry, client and product knowledge as well as quantitative, regulatory, project management and technology professionals. Our teams work together to coordinate the delivery of risk management, regulatory and business performance services to a variety of clients, including commercial banks, investment banks, broker-dealers, asset managers, insurance and energy trading companies, and other organizations.

Working within multi-disciplined teams of professionals, the Senior participates fully in the identification of clients' goals, needs, and objectives.

Responsibilities

Advise clients on a variety of business process and risk management services that help identify, assess, manage and measure the risk exposure in organizations.

Research emerging industry trends, regulatory guidance, and best practices.

Critically analyze the policies, procedures, people, processes, and systems used by financial institutions to identify, assess, measure, monitor and control significant risks.

Recommend modifications to client infrastructures to enhance the efficiency and effectiveness of business processes and risk management programs.

Design and implement quality, practical business approaches.

Assist with risk technology selection and implementation.

Qualifications

To qualify, candidates must have:

* a bachelor's degree in finance, accounting, or a related business discipline
* 3-5 years of relevant experience with front, middle or back-office processes and systems within a financial institution (i.e., commercial banks, investment banks, broker-dealers, asset management, insurance, etc.)
* experience with the design, development and implementation of internal controls for financial services business processes a plus
* basic understanding of accounting, regulatory and compliance concepts prevalent in banking and other financial institutions
* strong written and verbal communication skills for report writing and client presentations
* analytical skills; specifically, the ability to assess and decompose financial services industry processes utilizing a risk and control focus
* effective leadership, project management and teamwork skills

Out-of-town travel, either domestically or internationally, is also required at least 10-20% of the time, on average.