Senior Manager, Wealth & Asset Management Risk & Regulatory Advisory

EY's Financial Services practice is a unique industry-focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers, insurance and energy trading companies.

EY UK's Wealth & Asset Management Risk & Regulation Team is the largest in EMEIA and have a market leading position in Risk Management services, working across the wealth & asset management market on a broad range of engagements with a diverse portfolio of clients.

The Wealth & Asset Management Risk & Regulation Team focusses on delivering sustainable benefits to our clients though enhancing business decisions based on improved and effective risk management.

The opportunity

Our objective is to be market leading in supporting the delivery of the CRO and CCO's agenda. Accordingly, the Wealth & Asset Management Risk & Regulation Team look to offer both breadth and depth in all Regulatory / Compliance and Risk Management initiatives ranging from Regulatory Change programmes, Regulatory Due Diligence services during transactions, providing advice on a specific element of the Conduct or Risk Management Frameworks in more detail, through to delivering a full Risk and Compliance Transformation programmes for the client, collaborating with multiple EY Teams.

Your key responsibilities

As a Senior Manager within the Wealth & Asset Management Risk & Regulation Team, typical engagements you can expect to be involved in include the following:

• Risk Management Frameworks including governance arrangements, risk appetite, control frameworks, Risk MI & Reporting, Risk Management Culture
• Compliance Target Operating Model including Compliance Monitoring
• Regulatory Change programmes
• Regulatory Due Diligence during transactions
• Skilled Person Reviews
• Review & Recommend reports on FCA Handbook rules
• Investment Risk
• Funds regulation in UK and Europe
• Regulatory Reporting
• Fund and legal entity authorisations

• Play a significant role in the delivery of our engagements to Wealth & Asset management clients through the articulation of EY findings, conclusions and recommendations in writing or verbally based on a deep understanding of regulatory requirements to the WAM market
• Take responsibility for engagement planning and management on a day to day basis
• Act as day to day lead, managing teams where required
• Own the analysis of emerging issues, the articulation of an EY point of view and the development of an EY proposition on agreed topics
• Strong written and verbal communication skills for report writing and client presentations
• Identify additional opportunities for EY to perform advisory services to their clients
• Where needed, lead the proposals process for new client opportunities
• Develop client relationships and utilise your network to identify opportunities for EY to perform additional services
• Work effectively as a team member sharing responsibility, providing support and updating senior members on progress
• Mentor staff and conduct performance reviews and contribute to performance feedback for staff
• We are looking for individuals who have a proactive attitude and are seeking the opportunity for personal and professional growth.

• Knowledge and experience of Compliance and Risk Frameworks in Wealth & Asset Management
• Business consulting experience, with excellent client liaison and communication skills as well as commercial awareness
• Strong project management experience ideally relating to compliance and risk projects in WAM businesses
• Ability to work in a client facing and consulting role, with the ability to build networks and relationships
• Excellent stakeholder management and communication skills Ability to develop new business opportunities for WAM Regulatory & Risk to deliver
• Knowledge of Alternatives as an asset class and experience of doing Risk and/or Compliance work in relation to Alternatives will be a helpful attribute.

• Significant experience of working within a Wealth or Asset Managers' Regulatory Risk / Compliance Team or experience of delivering these services for another Advisory firm
• Strong academic background
• Experience of managing and developing people