Financial Services Risk Senior Manager - Regulatory Compliance - 00GOC

Regulatory Compliance - Senior Manager Overview: Ernst & Young's Financial Services Office (FSO) is a unique, industry-focused business unit that provides a broad range of integrated services that leverage deep industry experience with strong functional capability and product knowledge. FSO's Risk Advisory Services (RAS) practice provides integrated advisory services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers (traditional and alternative), insurance and energy trading companies, and other organizations. The service offerings provided by the RAS practice include: market, credit and operational risk management, regulatory advisory, quantitative advisory, structured finance transaction, actuarial advisory, technology enablement, risk and security, program advisory, and process & controls. The RAS team includes individuals who have deep industry, product and client knowledge. Within Ernst & Young's FSO's Risk Advisory Services Practice, the Financial Services Risk Management (FSRM) group provides integrated risk management advisory services to leading Investment Banks, Commercial Banks, Asset Managers, Insurance Companies, Energy Companies, and the Corporate Treasury functions of leading Fortune 500 Companies on a global basis. FSRM engagement teams provide clients with solutions to help identify, measure, manage and monitor the market, credit, operational, and regulatory risks associated with their trading, asset-liability management, capital management and other capital markets activities. FSRM employs individuals with financial services risk management, trading, regulatory, quantitative, technology, operations and accounting backgrounds. The breadth of the experiences of the FSRM professionals enables the practice to coordinate the delivery of a broad array of risk management services to capital market participants throughout the world in a well integrated manner. The Regulatory Compliance Senior Manager focuses on managing people and projects to budget, product development, and service delivery. Responsibilities:Apply in-depth knowledge to lead an engagement team while demonstrating a fairly broad understanding of regulatory compliance of financial service institutions (Broker Dealers, Investment Advisors, Banking and Insurance). Advise clients on a variety of business process and risk management services that help identify, assess, manage and measure the risk exposure in organizations. Critically analyze the policies, procedures, people, processes, and systems used by financial institutions to identify, assess, measure, monitor and control significant Regulatory and Operations risks. Design and implement quality, practical business approaches. Research emerging industry trends, regulatory guidance, and best practices.Job Description: FSRM is recruiting professionals to work on multi-disciplinary risk management engagements. FSRM engagement teams assist clients to improve financial product business processes, analytics, strategy, and organizational structure. Engagements address trading, risk management, capital measurement and valuation processes and controls in the fixed income, commodity, foreign exchange and equity cash and derivative markets. FSRM members are interested in diverse experience advising clients across the various risks inherent to their capital markets activities and welcome the learning opportunities that a broad spectrum of engagements provides.Requirements: We are currently looking for individuals with:A bachelor's degree in finance, economics, accounting, engineering or a related discipline; MBA or MS preferred A minimum of 10 years of experience at a Professional Services firm advising Financial Services clients. Strong knowledge of the financial services industry, and its products and practices Must have outstanding interpersonal skills Flexibility, initiative, strong decision-making and problem-solving skills, and sound professional judgment A willingness and ability to manage and supervise engagement teams and complex projects through all phases Strong communication, presentation, client service and technical writing skills, coupled with a strong interest in further developing compliance knowledge Must have prior Consulting Industry experience Must have the ability to respond to client needs, as well as manage and sustain client relationships Must have experience with one or more of the following: Implementation of regulation Remediation of regulation Design or development of business requirements / policies & procedures around regulatory areas which are guided by NYSE, NASD, SEC (division of investment management or broker dealer, NAIC Trade reporting - (e.g. short interest reporting, blue sheet, EBS, OATS, TRACE, ACT) Desk reviews Experience in the following (one or more) Review of Design in areas such as: Sales practices Suitability Best Execution Regulation NMS Surveillance design / review Actimize / Mantas (technology surveillance solutions) Surveillance / procedures regarding: front running, trade along, #8216;chinese wall'; research (investment banking) versus broker dealer Experience in one or more of the following: Compliance risk assessments / compliance reviews Review of operations (clearing, settlements, trader support, middle office, trade processing) AML, KYC (know your customer) STP (straight through processing) Experience with Six Sigma (Greenbelt and above) would be considered helpful, but not required.Successful candidates must also have the ability to travel approximately 30%. NY-New York