RMS 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 ongoing audit / non audit engagement. Formed in 2007, the QRM team is growing rapidly as a Center of Excellence for all standardized quality / compliance related activities that can be efficiently undertaken from a central location.
The incumbent shall be responsible for providing conflict check research & analysis support to RMS team. This person shall be responsible for end to end management of conflicts checks on a daily basis, including analysis of the research for identifying any probable conflicts of interest, and communicating methods of resolution to the engagement teams. The person shall report to team lead - conflicts check.
Conflicts of interest are situations in which a person's or organization's objectivity, ethics, or responsibility is compromised or appears to be compromised by a competing financial, personal or political obligation, gain, desire, loyalty or bias. These situations are potentially very damaging to a professional services firm such as EY, whose reputation and pedigree are defined by their commitment to maintaining the highest standards of objectivity, ethics and responsibility.
Identify potential conflicts of interest brought about by doing the assignment
Identify risks that are specific to EY that may be brought about doing the assignment for certain commercial enterprises or doing certain work
Determine whether the engagement can proceed in light of any issues identified
Outline the steps to be taken by client service teams to mitigate the threats
Facilitates and drives the process to completion by following up on requests from Q&RM Consultants and assisting the client team
Understands key requirements of firm and regulators’ QRM rules and policies
Performs initial review of submissions from client teams and evaluates completeness, accuracy and appropriateness of proposed transaction/requests.
Acts as a liaison between the client teams, other members of the Q&RM 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
MBA (International Business/Marketing/Finance);MA-Economics/Financial management
Freshers may be considered
Strong interpersonal and communication skills
Excellent communication skills, both written and verbal
Perform research in propriety EY databases & some external databases to identify the current & historical relationships of EY with the various parties involved in an engagement
Upload the research output in the prescribed format in the designated online database
Analyse the research to identify any probable conflicts of interest
Prepare relevant communication for the engagement with respect to each conflict check request