CBS - UKI Risk Management - Compliance Senior Manager (Maternity cover)
EY
London, UK
Published 1 week ago
Compliance Management Systems / Technology
CBS - UKI Risk Management - Compliance Senior Manager (Maternity cover)
The Opportunity
Within the professional services environment, the application of risk management procedures is fundamental to the successful delivery of our client services and protection and promotion of our brand. Risk management encompasses the processes that we have in place to ensure that we support service quality, contain the threat of litigation, limit damage to our reputation and achieve full fee recovery.
At EY, the Risk Management (RM) teams are responsible for the promotion and support of risk management within the business. The aim is to ensure that the firm complies with the rules and regulations imposed either by external regulators or by EY Global in relation to the conduct of our business.
The Risk Management team now has a vacancy for a Compliance Senior Manager (Maternity Cover).
The Compliance Senior Manager plays a pivotal role in enhancing the integrity and efficiency of the organization's compliance with UK risk management regulations and policy requirements.
Key Responsibilities:
The Opportunity
Within the professional services environment, the application of risk management procedures is fundamental to the successful delivery of our client services and protection and promotion of our brand. Risk management encompasses the processes that we have in place to ensure that we support service quality, contain the threat of litigation, limit damage to our reputation and achieve full fee recovery.
At EY, the Risk Management (RM) teams are responsible for the promotion and support of risk management within the business. The aim is to ensure that the firm complies with the rules and regulations imposed either by external regulators or by EY Global in relation to the conduct of our business.
The Risk Management team now has a vacancy for a Compliance Senior Manager (Maternity Cover).
The Compliance Senior Manager plays a pivotal role in enhancing the integrity and efficiency of the organization's compliance with UK risk management regulations and policy requirements.
Key Responsibilities:
- Regulatory:
- Leadership of the annual ICAEW Quality Assurance Division (QDA) practice assurance visits and enquiries.
- In FY25, leadership of a new project on mapping UK regulatory reporting requirements.
- Compliance Framework:
- Lead the execution of the annual risk management controls review and the annual risk assessments for risk management policies and related controls.
- Oversee the development and implementation of UK RM policies and related guidance documentation, in line with the Global policy framework, ensuring they remain up to date with current UK laws and regulations.
- Management of the monthly horizon scanning process, including oversight of the GDS.
- As required, preparation and presentation of reports to relevant stakeholders on the conclusions of the reviews and escalation of any relevant regulatory matters and manage any follow-up actions required.
- Knowledge: keep abreast of regulatory developments internally and externally, as well as evolving best practices in risk management compliance controls.
- Act as a point of escalation for risk management compliance queries coming from the business, procurement or third-party suppliers.
- Mandatory Risk Management training:
- Oversight of the RM training compliance programme, tracking and reporting on training completion rates and compliance knowledge across the organization.
- Maintaining engagement with Service Line (SL) and Service Line Quality (SLQ) leaders to promote training compliance culture within the organization.
- Management of the training and knowledge compliance monitoring support offshore team
- In FY25, participation in the project to improve training compliance culture.
- Supplier due diligence - this is an emerging topic and involves:
- Collaborate with risk management policy / stakeholders, GCO, UK Supply Chain Contracts (SCC), Environmental Social Governance (ESG) and Global Supply Chain Services (SCS) teams to ensure third-party due-diligence, policy and contracts include necessary risk management compliance requirements.
- Conduct ongoing monitoring of third-party relationships to identify and mitigate risk management compliance risks.
- Support Chief Compliance Officer with ad-hoc compliance projects as required and cover for other colleagues in the team.
- Compliance subject matter expertise
- Strong project management and organizational skills.
- Strong analytical and interpretation skills with excellent attention to detail
- Adaptable and flexible with good team working skills and the ability to multi-task
- A flexible approach
- Ability to build strong working relationships with Service Lines and develop an excellent understanding of their business
- Ability to work to pre-determined deadlines and meet objectives under pressure
- Ability to think strategically and manage complex concepts
- Initiative-taking with a desire to seek new ways of improving our processes and service to internal clients.
- Risk management/compliance experience at senior manager level
- IT literate with good working knowledge of Microsoft office 365, Microsoft PowerApps and Windows 10.
- Previous experience working in a Big Four firm is desirable
- Ideally but not mandatory, a relevant professional certification (e.g., ICA Governance, Risk & Compliance Diploma, etc.)