Retail Banking - London, United Kingdom - EY

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

In today's rapidly advancing world, what clients, EY people, and all stakeholders want and need from EY is changing - innovation and agility is more important than ever.

In order to deliver long-term value for our clients at EY, we are looking for minds made for financial services who can meet these demands.

This will mean using your technical knowledge as well as your ability to work in a team to deliver for your client.

Our team works with some of the most prestigious financial firms in the world, and as a Senior Consultant you will be an integral part of this.

The opportunity
Financial Services is changing. We are striving to lead this transformation with our clients.

Success in this role requires that you understand the regulatory and competitive landscape our clients operate in and that you can work with them to help them see the implications for their business.

You will work as part of a wider EY team alongside Managers, Senior Managers, and Directors to provide knowledge of the industry to determine and deliver solutions including the latest regulatory technology.

Our clients consist of traditional retail banks, consumer credit firms and asset managers and increasingly new market entrants who are innovating in this space.

We are looking for individuals with experience in implementing technology into the risk and control enterprise. As part of our team you will be asked to generate innovative ideas and deliver novel regulatory solutions.

At EY, our Consulting professionals work with some of the world's most recognized brands to tackle today's complex issues and capitalize on opportunities that help them to grow, optimize and protect their businesses now and in the future.

Our people are part of diverse, multidisciplinary, high-performing and highly connected teams that bring the best of EY to our clients.

We're currently growing our Regulatory Advisory team across all capabilities to help meet increasing demand, including the Retail Banking team.

We are delivering a number of large scale and strategic projects with some of the UK's biggest banks, asset managers, and other types of financial institutions.

The provision of financial services and the associated controls firms require are evolving in new and interesting ways.

Technological advancement, changing consumer behaviour, and competition are driving this change, and we are working to build suitable new regulatory solutions with our clients.

The solutions and skillset our clients require is increasingly not just traditional regulatory insights, but also an ability to understand the opportunities offered by technology in delivering new innovative solutions.

Your key responsibilities

You will understand the regulatory changes our retail banking clients face and deliver analysis and insight to help them work through these changes
You will support the development of EY service offering. In particular you should have an understanding of how technical solutions can help clients solve their regulatory challenges
You will build credible relationships with clients by demonstrating both technical skills and an ability to implement these skills in helping them resolve their issue
You will support the analysis of emerging solutions and innovative ideas including the development of EY points of view
You will work effectively as a team member sharing responsibility, providing support, maintaining communication, and updating senior team members on progress
You will be involved in preparing high quality reports that draw out key industry and regulatory insights
You will get involved in client campaigns; from researching new regulations to assisting effective business implementation
You will develop presentations that are clear and impactful, translating EY services into meaningful value propositions for clients
You will help identify where information should be sourced, and draw this evidence together as the foundation on which the team will base their recommendations
You will help manage engagement financials, working with the team to determine whether requirements are adequately defined and documented

Skills and attributes for success

A clear understanding of the strategic implications of regulation
Demonstrable awareness of regulatory trends and the emergence of regulatory technology solutions
Being able to translate regulatory requirements into business solutions
Involvement in and awareness of the remediation of regulatory issues
Strong understanding of conduct risk across UK, European and Global regulatory jurisdictions
Strong stakeholder management of senior personnel
Strong insights into areas of Retail Banking regulation. E.g. Consumer Finance; RegTech; Suitability; Conduct & Outcomes.
Building relationships with colleagues across Advisory and the wider business, supporting them and promoting a collaborative culture

We are looking for individuals with