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Risk/Compliance Manager (Audit Independence)

col-narrow-left 

Job ID:

105423

Location:

London 

Salary:

per year
col-narrow-right 

Job Views:

1

Employment Type:

Full time

Posted:

08/03/2019
col-wide 

Job Description:

The Independence Team is responsible for ensuring EY UK and Ireland are in compliance with the auditor independence rules and regulations imposed by external regulatory bodies (eg FRC, SEC, IESBA, EU) and by EY in relation to the conduct of the firm's auditing business. This also includes ensuring that new audit clients and engagements accepted by the firm do not result in an independence conflict.

The Independence Team (led by the Independence Partner for UK and Ireland) forms part of the UK&I Risk Management Group ("RM") which reports directly to senior management. There are currently 20 members in the Independence Team (including conflicts) and a combined total of around 50 individuals within RM, most of whom are located in the EY London office and are supported by approximately 20 individuals in the Global Delivery Services functions in India and Poland.

The opportunity

The Independence Team currently has a permanent vacancy for a Personal Independence Manger, based in London (More London Place). This is a unique and fantastic opportunity to join a wonderful team, very much central to the firm.

Changes in the audit market as a result of a new regulatory landscape and EY's Vision 2020 growth strategy have placed significant additional demands on the Independence Team. A core part of this requirement is ensuring partners and staff are in compliance with the personal independence restrictions that apply to them.

Your key responsibilities

You will primarily assist our partners and client facing professionals with Independence queries. This will primarily focus on Personal Independence matters. You will also be expected to manage and assist with various Personal Independence projects and processes. Key responsibilities will include:
  • Handling a broad range of personal independence, investment product and pension consultations
  • Managing the partner and staff personal independence testing process, liaising with the individuals and reviewers involved, analysing results and any resulting matters to address
  • Assisting in the resolution of potential Independence breaches
  • Co-ordinating updates to regulations and report on the performance and impact on our current systems and controls.
  • Responding to regulatory requests and findings from practice reviews by preparing appropriate reports and action plans, followed by implementation of the proposed actions.
  • Overseeing and monitoring our systems, processes and procedures ensuring that we are meeting our requirements and delivering quality at the highest levels. Setting clear targets and monitoring performance and progress against timetable.
  • Managing and developing the personal independence team
  • Supporting the business with Independence due diligence in respect of potential acquisition targets
  • Supporting Independence Partners and Directors on Independence related initiatives/campaigns
As part of the Independence team's broader remit, you may also have the opportunity to be involved in non-audit service queries, supporting audit tenders and/or advising the business in respect of business relationships

Skills and attributes for success
  • The ability to communicate with colleagues at all levels including delivering tough messages to senior leaders within the firm
  • Capable of working using own initiative, with excellent communication and organisational skills
  • Good analytical and interpretation skills
  • Adaptable and flexible with good team working skills and the ability to multi-task.
  • Ability to build strong working relationships
  • Ability to work to pre-determined deadlines and meet objectives under pressure
To qualify for the role you must have
  • Proven leadership and team management skills
  • Strong project management skills and proficiency at driving projects to a close
  • Good analytical and interpretation skills, the ability to think strategically and handle complex concepts
  • Experience of working in a large, matrixed organisation
    Ideally, you may also have
  • Working knowledge of FRC, SEC and IESBA independence rules and their interpretation
  • Experience working in an audit practice
  • Proactive and commercial approach to resolving complex and difficult independence challenges while ensuring compliance with the internal/external regulations
  • Experience working in a professional or financial services organisation
Ideally, you may also have
  • Working knowledge of FRC, SEC and IESBA independence rules and their interpretation
  • Experience working in an audit practice
  • Proactive and commercial approach to resolving complex and difficult independence challenges while ensuring compliance with the internal/external regulations
  • Experience working in a professional or financial services organisation
What working at EY offers

We offer a competitive remuneration package where you'll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

  • Support, coaching and feedback from some of the most engaging colleagues around
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that's right for you

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.

About EY

As a global leader in assurance, tax, transaction and advisory services, we're using the finance products, expertise and systems we've developed to build a b etter working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we'll make our ambition to be the best employer by 2020 a reality.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world.

Apply now. #LI-P

.

Company Info


Company Info

EY.

Phone:
Web Site:

Risk/Compliance Manager (Audit Independence)

col-narrow-left 

Job ID:

105423

Location:

London 

Salary:

per year
col-narrow-right 

Job Views:

1

Employment Type:

Full time

Posted:

08/03/2019
col-wide 

Job Description:

The Independence Team is responsible for ensuring EY UK and Ireland are in compliance with the auditor independence rules and regulations imposed by external regulatory bodies (eg FRC, SEC, IESBA, EU) and by EY in relation to the conduct of the firm's auditing business. This also includes ensuring that new audit clients and engagements accepted by the firm do not result in an independence conflict.

The Independence Team (led by the Independence Partner for UK and Ireland) forms part of the UK&I Risk Management Group ("RM") which reports directly to senior management. There are currently 20 members in the Independence Team (including conflicts) and a combined total of around 50 individuals within RM, most of whom are located in the EY London office and are supported by approximately 20 individuals in the Global Delivery Services functions in India and Poland.

The opportunity

The Independence Team currently has a permanent vacancy for a Personal Independence Manger, based in London (More London Place). This is a unique and fantastic opportunity to join a wonderful team, very much central to the firm.

Changes in the audit market as a result of a new regulatory landscape and EY's Vision 2020 growth strategy have placed significant additional demands on the Independence Team. A core part of this requirement is ensuring partners and staff are in compliance with the personal independence restrictions that apply to them.

Your key responsibilities

You will primarily assist our partners and client facing professionals with Independence queries. This will primarily focus on Personal Independence matters. You will also be expected to manage and assist with various Personal Independence projects and processes. Key responsibilities will include:
  • Handling a broad range of personal independence, investment product and pension consultations
  • Managing the partner and staff personal independence testing process, liaising with the individuals and reviewers involved, analysing results and any resulting matters to address
  • Assisting in the resolution of potential Independence breaches
  • Co-ordinating updates to regulations and report on the performance and impact on our current systems and controls.
  • Responding to regulatory requests and findings from practice reviews by preparing appropriate reports and action plans, followed by implementation of the proposed actions.
  • Overseeing and monitoring our systems, processes and procedures ensuring that we are meeting our requirements and delivering quality at the highest levels. Setting clear targets and monitoring performance and progress against timetable.
  • Managing and developing the personal independence team
  • Supporting the business with Independence due diligence in respect of potential acquisition targets
  • Supporting Independence Partners and Directors on Independence related initiatives/campaigns
As part of the Independence team's broader remit, you may also have the opportunity to be involved in non-audit service queries, supporting audit tenders and/or advising the business in respect of business relationships

Skills and attributes for success
  • The ability to communicate with colleagues at all levels including delivering tough messages to senior leaders within the firm
  • Capable of working using own initiative, with excellent communication and organisational skills
  • Good analytical and interpretation skills
  • Adaptable and flexible with good team working skills and the ability to multi-task.
  • Ability to build strong working relationships
  • Ability to work to pre-determined deadlines and meet objectives under pressure
To qualify for the role you must have
  • Proven leadership and team management skills
  • Strong project management skills and proficiency at driving projects to a close
  • Good analytical and interpretation skills, the ability to think strategically and handle complex concepts
  • Experience of working in a large, matrixed organisation
    Ideally, you may also have
  • Working knowledge of FRC, SEC and IESBA independence rules and their interpretation
  • Experience working in an audit practice
  • Proactive and commercial approach to resolving complex and difficult independence challenges while ensuring compliance with the internal/external regulations
  • Experience working in a professional or financial services organisation
Ideally, you may also have
  • Working knowledge of FRC, SEC and IESBA independence rules and their interpretation
  • Experience working in an audit practice
  • Proactive and commercial approach to resolving complex and difficult independence challenges while ensuring compliance with the internal/external regulations
  • Experience working in a professional or financial services organisation
What working at EY offers

We offer a competitive remuneration package where you'll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

  • Support, coaching and feedback from some of the most engaging colleagues around
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that's right for you

EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements. We strive to achieve the right balance for our people, enabling us to deliver excellent client service whilst allowing you to build your career without sacrificing your personal priorities. While our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a lifestyle balance.

About EY

As a global leader in assurance, tax, transaction and advisory services, we're using the finance products, expertise and systems we've developed to build a b etter working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. And with a commitment to hiring and developing the most passionate people, we'll make our ambition to be the best employer by 2020 a reality.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world.

Apply now. #LI-P

.