Consultant -Business Consulting Risk-Internal Audit - Wealth and Asset Management -Mumbai/Bangalore

EY

2–4 yrs Mumbai, Bengaluru Full Time Hybrid (office + remote)
EY logo
Posted : today
Actively hiring

Job description

EY is a global leader in assurance, tax, transaction, and advisory services, fostering a culture that empowers individuals with training, opportunities, and creative freedom. We believe in nurturing your potential and providing fulfilling experiences to help you become your best professional self.

Our Financial Services practice, encompassing banking, insurance, and wealth management, is at the forefront of industry transformation. We navigate sweeping regulatory changes, digital transformation, and disruptive competition by bringing together business strategists, technologists, and industry leaders. Our team delivers seamless collaboration, innovative problem-solving, and sustainable value creation.

We are dedicated to recruiting, training, and nurturing a diverse talent pool to build the future of financial services. Through innovative thinking and an entrepreneurial spirit, we deliver exceptional client service, ensuring our work has a lasting impact.

Responsibilities

Lead and execute comprehensive Internal Audit engagements within Asset & Wealth Management functions. This includes conducting risk assessments, planning audits, performing fieldwork, testing controls, documenting findings, drafting reports, and tracking remediation activities.

Assess the design and effectiveness of controls across critical areas like investment operations, portfolio management, custody, client onboarding, and regulatory reporting. Identify control gaps, emerging risks, and opportunities for enhancement.

Conduct process walkthroughs with business stakeholders to evaluate end-to-end processes, key risks, and control frameworks. Collaborate with control owners and business teams to strengthen control ownership and drive sustainable remediation.

Validate corrective actions and ensure timely closure of audit observations and regulatory findings. Support regulatory reviews and thematic audits, ensuring alignment with evolving industry expectations and best practices.

Partner with regional and global audit teams for consistent audit coverage and ensure adherence to internal audit methodology, professional standards, and regulatory requirements. Meet delivery timelines, quality standards, and budget expectations while maintaining high-quality documentation.

Qualifications

We seek professionals with a strong foundation in Internal Audit, Risk Management, Controls Testing, or Governance within the financial services sector. A Chartered Accountant (CA), Certified Internal Auditor (CIA), Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), or equivalent professional qualification is required.

Ideal candidates possess 2-4 years of relevant experience, with a preference for prior work with a Big Four consulting firm or an internal audit function within banking, asset management, or wealth management institutions.

A deep understanding of Asset & Wealth Management business processes, including investment management, portfolio management, custody, and client onboarding, is essential. Familiarity with governance frameworks, audit standards, and evidence-based testing methodologies is also crucial.

We are looking for individuals with strong analytical, problem-solving, and report-writing skills, capable of communicating complex issues effectively. Experience leveraging data analytics, dashboards, and automated testing solutions is highly advantageous. Excellent planning, organizational, and project management skills are necessary to manage multiple audit activities concurrently.

Essential Skills

Internal AuditRisk ManagementControls TestingGovernanceFinancial Services IndustryAsset ManagementWealth ManagementAudit PlanningFieldworkControl TestingAudit DocumentationReport DraftingIssue TrackingRemediation ValidationRisk AssessmentControl DesignOperating EffectivenessInvestment OperationsPortfolio ManagementCustodyTransfer AgencyClient OnboardingRegulatory ReportingProcess WalkthroughsRisk Control Self-AssessmentData AnalyticsDashboardsAutomated Testing SolutionsMonitoring ToolsProject Management

Good to Have

Certified Internal Auditor (CIA)Chartered Financial Analyst (CFA)Financial Risk Manager (FRM)Big Four Consulting FirmBankingData AnalyticsDashboardsAutomated Testing SolutionsMonitoring Tools

Highlights

  • Actively hiring

More Details

RoleConsultant -Business Consulting Risk-Internal Audit - Wealth and Asset Management -Mumbai/Bangalore
IndustryFinancial Services, Management Consulting
DepartmentRisk Management, Consulting
Employment TypeFull Time, Hybrid (office + remote)

About the Company

EY Global Delivery Services ( EY GDS) logo

EY Global Delivery Services ( EY GDS)

Financial Services

Consultant -Business Consulting Risk-Internal Audit - Wealth and Asset Management -Mumbai/Bangalore at EY | SkillMX | SkillMX