Senior Business Engineer (Regulatory & Compliance) at Ernst & Young Global Limited (EY)

We are currently seeking highly motivated people for our Consulting practice, which is a leading provider of services to the banking and insurance sector as well as large corporates in other industries. You will build valued relationships with external clients and internal peers and contribute to the growth of our team. Bringing experience and insight on one or more disciplines, you will shape solutions to a range of client challenges in risk management and finance IT for the Banking industry. Working in this creative environment, you will be given the opportunity to take responsibility and work on challenging projects for major clients as well as major financial institutions abroad.

Your key responsibilities

The Regulatory and Compliance Business Engineer will take a leading role in the financial services competency, focusing on the regulatory and compliance requirements of the Banking, Lending and Payments fields. They will be responsible for both sales and delivery of regulatory/compliance related projects. This includes sales and pre-sales activities of opportunity identification, pre-sales presentation and proposal writing and submission. They will be responsible for the quality of client interaction including thought leadership and guidance on industry/regulatory best practice, while also playing a role in the delivery of the required solution through interaction with the assigned implementation team. They will follow project standards within established timeframes and at defined quality levels, and ensure projects are completed according to schedule and client specifications. This position is client-facing and requires travel to the client site as the project warrants. The work performed is typically moderately complex.

Skills and attributes for success

How your skills and experience will make an impact,

To qualify for the role, you must have

• Minimum Honours degree in Legal, Accounting, IT, Computer Science, Engineering or related technology field
• Minimum of 5-10 years of experience focused on regulatory and compliance topics within the financial services domain, through a financial institution, regulatory authority or an industry software vendor company.
• Proven industry relevant track record of in-depth knowledge of financial services regulatory and compliance domain, associated standards, and practices.
• Client facing service experience required. Engagement across stakeholders and ability to run information gathering and sharing sessions
• Experience with various project management disciplines preferred
• Experience with implementation of regulatory and compliance requirements within financial services programs (implementations, replacements, modernisations) at various levels

A working knowledge of domestic and international financial services regulatory and compliance acts, models and directives including:

• The Banks Act
• The Co-operative Banks Act
• The Mutual Banks Act
• South African Reserve Banks Act
• FSR Act
• National Credit Act
• POPIA
• GDPR
• AML
• KYC
• Business Writing Skills (business cases, proposals)
• Presentation and Facilitation Skills
• System Development Life Cycle (Waterfall, Agile)
• Quality Assurance and Risk Management

Ideally, you’ll also have

• Experience with financial services domain software platforms and vendors providing regulatory and compliance capabilities
• Experience in multiple financial services sectors across Banking, Insurance, Payments, Lending, etc.
• Understanding of international and local regulatory & compliance acts
• Global experience with financial services domain clients, relevant software vendors and/or consultancy capabilities related to regulatory and compliance topics
• Membership/affiliation to relevant regulatory bodies
• Certification in banking domain software technology platform(s)
• Certification in agile principles
• Certification in cloud and related technologies
• Certification in design thinking principles