EY MiFID II, Capital Markets, Operations Advisory - Senior Manager in England, United Kingdom

Title: MiFID II, Capital Markets, Operations Advisory - Senior Manager

Location: GB-England-London

Job Number: LON00C89

Background

Due to high levels of demand from our clients for our services, we are continuing to grow our Capital Markets team within EY FSO Advisory. We help our top tier investment banking clients with the major transformational changes they are undertaking following the financial crisis, spanning business model, entity structure, operating model, processes, data and technology architecture. We advise our clients on their most pressing issues, including implementation of regulatory change, control enhancements, efficiency improvements and business opportunities.

EY has a dedicated Financial Services organisation and we look to hire people with specific sector knowledge, as well as project delivery skills, in order to best advise our clients. To meet our aggressive growth plans, we are looking for motivated individuals with extensive experience in capital markets operations, able to work with leading global clients at senior levels, spanning all areas of their business, and liaise with colleagues across EY’s full range of service lines to provide comprehensive solutions. Candidates will have demonstrable experience of regulatory processes within investment banks, an ability to think of creative solutions to problems, and a successful track record of project delivery.

Responsibilities

Our team analyses, designs, recommends and implements performance improvement solutions for the full spectrum of products and functions within the capital markets industry. Assignments, which may include:

  • Analysis and implementation of changes driven by global regulatory reform

  • Practical knowledge of FCA and PRA regulatory requirements for core Capital Markets

  • Target Business and Operating Model design and implementation (including changes to booking models and legal entity strategy) to support regulatory requirements

  • Assessment and enhancement of Compliance and Operational Risk framework

  • Change programmes targeted at specific functions or services, including:

  • Conduct Risk

  • Client Assets

  • Best Execution

  • Transaction and regulatory reporting

  • Conflict Management

  • Compliance improvement and transformation

  • Front Office Compliance control framework

Your responsibilities as a Senior Manager:

  • Management of one or more client engagements, with responsibility for quality of delivery as well as engagement financials

  • Developing long term trusted advisor relationships with our clients

  • Taking leading role in development of EY solutions and supporting tools and methods

  • Building and leading high performing teams

  • Demonstrating in depth knowledge and experience in one or more market areas and technical skills

  • Identifying and leading pursuit of opportunities for new business

  • Leading EY practice and people development activities (e.g. recruitment, counselling)

  • Liaising with EY service line teams, account teams and functional specialists

Qualifications:

To be successful in this role, you will require the following:

Industry Experience

  • Successful track record in the capital markets industry, gained through senior roles in a top tier consultancy (Big 4, IBM, Accenture etc), a specialist financial services consultancy, a top tier bank or financial markets infrastructure firm

  • In depth knowledge of current market trends in Capital Markets

  • Broad knowledge of the spectrum of capital markets product areas (including OTC and exchange traded derivatives, equity and fixed income securities, commodities and FX) and in depth expertise in at least one area

  • Excellent understanding of regulatory requirements and relevant control processes for capital markets participants (broker/dealers, asset managers, prime brokers, custodians, market infrastructure)

  • Experience of key investment bank functional areas, including client onboarding, front office, trading venues, confirmations, settlements, capital and liquidity management, asset servicing, trade management, prime services, trade / transaction reporting, clearing, collateral management, operational risk and controls, operational metrics

Profile and Skills

  • Ambition to build / develop a career in advising Capital Markets clients

  • Proven ability to identify, develop, take to market and deliver leading edge solutions

  • Commercially focussed – demonstrates ability to develop and maintain strong client relationships / network and sell solutions

  • Ability to successfully deliver multiple engagements, exceed client expectations, manage commercial aspects (e.g. contracts, billing and budgets), and manage quality and risk

  • Ability to manage multiple senior stakeholder communities with varying levels, experiences and agendas

  • Maximize team performance - accountability for ensuring a collaborative and committed way for teams to work effectively together, providing coaching and leadership, and sharing knowledge

  • Intellectual strength / flexibility to rapidly understand complex problems and rationalise these into a workable solution which can then be delivered

  • High level of drive, commitment to achieving solutions, and ability to work under pressure

  • Ability to develop impactful written presentations and confidently run meetings with senior clients

  • Ability to work under limited supervision (‘self starter’) in unstructured environments

  • Excellent graduate level educationTechnical Skills Leadership experience in one or more of the following areas is essential:

  • Risk and Regulatory – MiFID I and II, EMIR, Dodd Frank, Volcker, FRTB, CSDR / T2S, FATCA / FTT / CRS, KYC / AML, RRP, Client assets, Best Execution, Investor Protection

  • Front Office – Trading venues (exchanges, MTFs, dark pools), front office controls, transparency

  • Investment Bank Compliance Advisory

  • FCA/PRA Wholesale supervision

  • Capital Markets Front Office controls

  • Trade and transaction reporting

Qualifications

  • A first level university degree, 2:1 (or equivalent) or above

About Advisory

As part of the Financial Services Advisory team, you’ll work with global companies combining your technical expertise, proven consulting skills and industry knowledge to help solve their most complex issues

About EY and our Vision

EY is a global professional services organisation providing advisory, assurance, tax and transaction services. We are committed to doing our part in building a better working world for our people, our clients and our communities. And we are united by our shared values and a dedication to delivering exceptional client service

We have ambitious goals for 2020. Globally, we want to be #1 or #2 in professional services and be the best brand. To achieve this, our teams need to perform at the highest level, and have a relentless focus on delivering the excellent client service that will help us to continue to grow and become the market leader. In this context, your career will develop and grow.

We make sure our people succeed. The networks you build and the experiences you have with us will help define and accelerate the rest of your career. Last year in the UK, nearly 2,000 of our people were promoted or progressed within their grade, and we are significantly increasing the number of partners in the UK. So when you build something better at EY, we make sure you’re rewarded.

Want to get to know us better?

Visit http://www.ey.com/UK/en/Careers

Connect with us on Linked In: http://bit.ly/EYLinked_Careers

Watch us on YouTube: http://www.youtube.com/ernstandyoungglobal

Who we are

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.