SQM - Risk Assessment and Monitoring Senior Associate - Permanent

Location: London

Other locations: Primary Location Only

Date: Mar 25, 2025

Requisition ID:

Job title: Senior Associate, System of Quality Management - Risk Assessment and Monitoring
ISQM1 Senior Risk Associate (L2) - Permanent Position

The opportunity
This is an exciting and varied role within the System of Quality Management (SQM) Team which sits within the firm's Risk Management function. Ideal for individuals looking to further progress their career or take the first step into a Big 4 firm. As you will be working across the various service lines you will learn a remarkable amount about the firm. This allows the successful candidate to access long term career progression.

Your key responsibilities
The Senior Risk Associate will play a dual role in the firm's ISQM1 risk assessment process (RAP) and ISQM1 Monitoring and Evaluation, two critical parts of the ISQM1 work. The successful candidate will play a key role in executing the RAP and will also be involved in the monitoring and remediation process. The RAP includes evaluating the established quality objectives, identifying, and assessing quality risks, and designing and implementing control responses. Monitoring includes coordinating across the firm to identify and analyse key processes (e.g., inspection results) and results of a number of critical monitoring and evaluation inputs to assist with monitoring and remediation.

Skills and attributes for success
As a Senior Associate you will work across the entire firm interacting with stakeholders at all levels and be supported by leaders who have a strong belief in professional skills development. From day one, you will build broader experiences in a fast paced and dynamic organization.

To qualify for the role you must have

• Experience of working within a Risk Management role (either in a risk function or as a risk management consultant) and undertaking risk assessments and delivering conclusions.
• Ability to assess information provided from various sources to assess quality risk(s) and generate insights including assessment of impact to the system of quality management.
• Ability to understand interrelationships between quality objectives, risks and controls across different components and articulate interdependencies and the impact of these.
• Proven analytical skills with the ability to communicate observations both verbally and through interesting and insightful presentations.
• Be part of the team overseeing the firm's ongoing monitoring of responses and, where required, supporting the design and implementation of responses that are effective in addressing the quality risks identified.
• Excellent communication skills and strong ability to present results/output using core Microsoft applications (Word, Excel, PowerPoint).

Ideally, you will also have

• Some experience of controls testing with the ability to discuss identified gaps, improvements and conclude on a way forward is preferred but not essential.
• Experience in PowerBI or other visualisation tools.
• Prior experience and understanding of ISQM1 requirements or working in an ISQM1 role is desirable but not essential as training will be given.

What we look for

• A team player who actively owns their scope and proactively looks for opportunities to contribute and develop.
• Committed to working in a fast-paced environment and delivering against deadlines.
• Good organization, communication, and influencing skills to contribute to the delivery mindset of the team. Your ideas will be listened to and taken on board no matter what level you are.

What we offer
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:

• Continuous learning: You'll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs.

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

The exceptional EY experience. It's yours to build.