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.

The opportunity : Associate Consultant -Business Consulting Risk – Internal Audit – Treasury – Chennai/ Pune

FS :

Amid comprehensive regulatory change, today’s financial services institutions are focusing on digital transformation, convergence and disruption from an array of non traditional competitors — all while meeting greater demands for trust and transparency.

To address this delicate balance of issues, our proficient 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 foster a diverse set of people who give their minds to building the future of financial services. Together, we explore new perspectives with innovative and innovative 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

Technical Excellence

• Working knowledge of treasury products such as OTC derivatives, fixed income/rates(bonds) and money market
• Understanding of treasury deal life cycle (deal execution, deal entry, validation, confirmations, settlements, trade cancel & correct, collaterals, reconciliations, accounting, limit monitoring)

• Working knowledge of post deal execution operational controls
• Experience in working with front-to-back office stakeholders to ensure key controls are in place and adequate in mitigating or identifying regulatory issues/breaches

• Monitor daily regulatory controls/booking reports, take remedial action where appropriate and record metrics

• Monitor and manage liquidity positions to ensure that sufficient funds are available to meet daily settlement and operational needs. Coordinate with ALM teams to optimize cash flow and manage funding requirements

Skills and attributes

To qualify for the role you must have

Qualification

Bachelor’s degree in Finance/ Postgraduate in Finance

Experience

• 2 to 4 years of relevant experience into Internal Audit
• Experience in internal audit or concurrent audit of treasury, capital markets, global market operations
• Working knowledge of risks & controls at all stages of the deal lifecycle – preventive as well as detective

• Familiarity with Indian financial markets, RBI regulations, SEBI guidelines, and international financial market practices
• Understanding of Basel III norms, liquidity coverage ratio (LCR), and other capital adequacy requirements
• Experience in documentation & review of policies, SOPs, product notes & process flows for treasury products

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

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 whilst allowing our people to build their career as well as focus on their wellbeing.

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

Join us in building a better working world. Apply now.