EY is a global leader in assurance, tax, transaction, and advisory services. We foster a culture that prioritizes your training, growth, and creative freedom, believing your career is yours to build with limitless potential. We are seeking a Director for Business Consulting within our Financial Services sector, focusing on Risk, Process & Controls in Mumbai. This role is crucial in helping financial services institutions navigate complex regulatory changes, digital transformation, and emerging competitive landscapes.

Our Financial Services practice is dedicated to shaping the future of finance by recruiting, training, and nurturing diverse talent. We collaborate to deliver exceptional client service and drive sustainable value creation through innovative thinking and entrepreneurial spirit.

As a Director in Business Consulting Risk, you will be instrumental in guiding clients through the intricate interplay of risk and opportunity to achieve their strategic objectives. Your responsibilities will include:

- Leading and executing internal audit engagements, particularly within the insurance sector. - Applying robust risk assessment methodologies and control frameworks to evaluate process and control effectiveness. - Designing, testing, and documenting internal controls across various business processes. - Identifying control gaps and recommending pragmatic, risk-based remediation strategies. - Utilizing consulting methodologies to structure audit findings, quantify risk exposures, and facilitate informed decision-making.

To excel in this Director role, you will need:

- Demonstrated expertise in planning and conducting internal audit engagements within the insurance sector. - A strong command of risk assessment methodologies and control frameworks for evaluating process and control effectiveness. - Proficiency in designing, testing, and documenting internal controls across business processes. - Proven experience in identifying control gaps and recommending effective, risk-based remediation actions. - The ability to apply consulting methodologies to structure audit findings, quantify risk exposure, and support sound decision-making.

Qualifications: - Bachelor of Commerce (B.Com) or Bachelor of Business Administration (BBA). - Master of Commerce (M.Com) or Master of Business Administration (MBA).

Experience: - Minimum of 10 years of experience in Internal Audit within the insurance sector.