Senior Consultant - Risk Management - Financial Services

Senior Consultant - Risk Management - Financial Services

At EY, we're all in to shape your future with confidence. We're helping you grow in a connected global world, bringing your career where you want it to go.

Join EY and help build a better working world.

What they say about us:

These are the most influential factors that have driven colleagues to choose us in recent years:

1. Learning and Development: over 50 hours per year for each person;
2. Career Progression: in the last 12 months, 65% of EY people have seen a career advancement;
3. Salary and Benefits: with a wide range of company agreements, from gym to shopping, up to free telemedicine services and psychological support;
4. Mobility and international opportunities, including the possibility to work abroad up to 20 days without being on a business trip;
5. Hybrid work without centrally scheduled days.

The opportunity and your responsibilities:

RISK MANAGEMENT: one name, but many worlds to contribute to

For our Milan office, we are looking for an experienced and dynamic Senior Consultant to join our team, specialized in providing support for the review and setup of Risk Management, Compliance, and Internal Audit frameworks. The candidate will also play a key role in supporting the definition of Target Operating Models (TOM) and risks aligned with new sustainability standards.

1. Risk Management and other control functions:

• Analyze the current risk framework and risk assessment methodologies in line with leading best practices; review overall risk management frameworks, define the Target Operating Model (TOM) for risk management, and develop change roadmaps.
• Evaluate management reporting requirements; design appropriate reports depending on the stakeholders involved, standardize report formats, and develop dedicated dashboards.
• Analyze the processes, structure, and capacity of the Risk Management function; identify any gaps and design future business partnering frameworks.
• Perform setup and complete reviews for control functions (Risk Management, Compliance, and Internal Audit) in compliance with regulatory requirements (e.g., evolution of Solvency II, IVASS regulation, etc.);

1. Sustainability Risks and Reporting:

• Monitor the evolution of Sustainability Reporting Standards, with a focus on the EU Taxonomy and CSRD.
• Support the identification, development, verification, and implementation of key Sustainability Reporting Standards, in line with financial and regulatory requirements.
• Provide strategic guidance on business practices in relation to the evolution of sustainability regulations.
• Support the definition of TOM to integrate sustainability reporting into business processes.
• Support the definition of ESG risk frameworks and the execution of risk assessments and climate scenario analyses.

1. Project Management:

• Lead and manage projects, ensuring timely delivery and meeting client expectations.
• Collaborate with cross-functional teams to achieve project objectives.
• Provide regular updates to stakeholders and manage any issues promptly.

The skills we are looking for:

• 2-5 years of experience in consulting and/or the insurance sector;
• Excellent knowledge of the English language;
• Strong team spirit, balanced with a good sense of autonomy;
• Desire to learn and grow in the global insurance sector;
• Strong communication and presentation skills.

What we offer in EY:

In EY, we help you develop future skills and experience world-class opportunities. You will have the chance to grow in a flexible environment and showcase your talent in a diverse and inclusive culture with connected global teams.

You will have the opportunity to:

• Participate in projects of all types for clients in every sector;
• Access over 450,000 hours of training to enhance your technical skills and personal talent;
• Be supported by a Counselor in your professional journey;
• Enjoy a flexible policy and the possibility to work abroad;
• Access diversified company benefits and welfare programs.

EY promotes diversity, equity, and inclusion, valuing uniqueness regardless of age, gender, ability, experience, culture, sexual orientation, religion, disability, and socioeconomic background. All of our job offers are equally directed at people with disabilities, in compliance with Italian law L. 68/99. Our goal is to create an equitable and accessible work environment.

To ensure you the best possible experience during the selection process, we ask you to indicate the necessary supports in relation to your possible disability.

EY | Building a Better Working World

EY is building a better working world, creating new value for clients, people, society, and the planet, while strengthening trust in the financial markets.

Thanks to data, artificial intelligence, and advanced technologies, EY teams help clients shape the future with confidence and find solutions to the most pressing challenges of today and tomorrow.

EY teams operate in a wide range of services: audit, consulting, taxation, strategy, and extraordinary operations. Powered by deep industry knowledge, a global multidisciplinary network, and a diverse partner ecosystem, EY teams offer services in over 150 countries and territories.