EY GDS - Senior Associate - Strategic Projects - Risk Management Services

Description - External

Job Summary:

Global Delivery Services (GDS) plays a vital role in supporting EY's various service lines and business operations across the world. GDS Risk Management Services (RMS) majorly operates from 2 cities in India (Gurgaon & Kochi). Risk Management team at EY plays an important role in managing the internal risks of the firm associated with accepting a new client or an engagement or risks associated with any of our on-going audit / non audit engagement. Formed in the Year 2007, the Risk Management team is growing rapidly as a Center of Excellence for all standardized quality / compliance related activities that can be efficiently undertaken from Global Delivery Services location.

Strategic Projects - The team supports Global Risk Management in rapidly deploying professionals on ad-hoc, outcome-based projects as well as acts as an incubator for new RM services. It is an extension of the onshore RM teams and helps in streamlining existing processes, onboarding new opportunities, designing end-to-end processes, and managing specific project activities.

Data Protection - With the implementation of the European General Data Protection Regulation (and its implementation into UK legislation via the UK Data Protection Act 2018), data protection is an area of increased risk for the firm. The law has been modernised and strengthened and the penalties have increased and, as a result, the central DP team is looking to build up its compliance function. The imminent departure of the UK from the European Union also has data protection implications for the firm. The main purpose of the role is to work with the Data Protection team to ensure the firm's compliance with applicable privacy legislation by performing front-line compliance work.

Responsibilities, Qualifications, Certifications - External

Knowledge, skills and experience requirements:

- Experience in quality, risk management and compliance processes (data protection monitoring, and compliance processes preferred).

- Familiarity and experience with the application of data protection laws.

- Performing front-line data protection compliance work, such as: data subject requests, potential data incidents, requests to access data, privacy impact assessments and compliance - health-checks

- Contributing to the development and deployment of monitoring and compliance processes.

- Acts as a liaison between the client teams, other members of the RMS team, and various functional areas within the firm.

- Formulates answers to client questions.

- Manages tasks and activities in a timely manner and is responsible for specific outcomes.

- Uses analytical and project management methodology and tools.

- Learns about the firm structure, business strategies, service lines, and people of the firm.

- Builds a network of people within RMS and across the firm.

- Plans and organizes own work and keeps others informed of status and activities.

- Individual is expected to apply judgment to initial consultations and / or submission review and rapidly develop understanding of key requirements of firm and regulator's RMS rules and policies.

- Individual will reference existing policies; however, due to frequency of unique situations will need to research issues and, through situation specific inquiries, propose solutions to issues.

- Provide feedback required to continuously improve processes.

- Highest standard of ethics, integrity, and values.

- Highly motivated with ability to perform well under pressure; with proven ability to successfully complete multiple tasks in a fast-paced environment.

- Ability to establish and maintain a high degree of confidentiality and credibility at all levels.

- Strong team player and proven ability to work with others.

- Ability to work in a global mind-set, maintaining connect with various onshore risk teams.

- Good analytical skills with a logical mind-set.

- Basic team management skills.

- Strong commitment to quality and self-motivated learning.

Qualifications, certifications and education requirements:

- MBA from a reputed institute or a post-graduate degree.

- 4+ years of experience in quality, risk management and compliance processes (data protection monitoring, and compliance processes preferred).

- Candidates with exposure to handling international customers / client interaction would be preferred.

- Well-developed analytical, interpersonal, and communication (both verbal and written) skills in English.

- Proficient with MS Office (specifically Word, Excel & PowerPoint) and Power BI.

- Intermediate research skills and knowledge of databases.