Jobs Vacant at Ernst & Young Global Limited (EY)

The opportunity 

• We are looking to expand our Quantitative Advisory Services (QAS) team by recruiting suitably qualified and experienced individuals. QAS focusses on providing credit risk, market risk and data science solutions to banking, insurance and other corporate clients. Our services cover statutory, regulatory and other quantitative areas from both a consulting and an assurance perspective.

Your key technical responsibilities  

• The successful applicant will work within a team which offers our clients advice and hands on assistance with issues such as:
• IFRS 13 fair value measurement focussing on the valuation of exotic derivatives across a range of underlying asset classes and the valuation of fixed income and money market instruments
• IFRS 2 share-based payment and BEE deal valuation
• xVA modelling (credit and debit valuation adjustment, funding valuation adjustment, etc.)
• IRRBB and FRTB regulatory compliance
• Alternative reference rate transition

Your client and business responsibilities

• Participate in client engagements 
• Assist with the build and delivery of client solutions, based on knowledge of clients’ agendas
• Develop informed views for clients on the implications of current and anticipated industry issues 
• Assist with new business sales through proactively managing accounts, identifying new client opportunities and playing a role in developing and driving sales campaigns
• Maintain an educational program to continually develop your own personal skills

To qualify for the role, you must have:

• Qualifications: Relevant Honours or Masters (MCom / MSc /MPhil) level degree
• Professional qualification (CFA / FRM / PRM / FIA / FASSA) a plus
• A minimum of 3 – 4 years relevant working experience
• Proficiency in VBA, R or Python

go to method of application »

Your client responsibilities

• Work effectively as a team member, sharing responsibility, providing support, maintaining communication.
• Assign and manage tasks with other team members considering engagement needs and identified business outcomes, and organize own work such that important items get done first.
• Build strong internal relationships within EY and with other services across the organization.
• Research client industry, company structure, key customers and suppliers and possible insight into operations and the various processes.
• Develop and maintain productive working relationships with client personnel.
• Collaborate with the client to identify critical project outcomes, work products, barriers to success, and changes in expectations or scope.
• Manage time within budget of the engagement (s) for self and team.
• Identifying possible business risks and control weaknesses from the business processes under review.
• Review worked performed by team members.
• Review and/or draft documents and presentations to explain issues and solution options and implications.
• Display a logical thought process in understanding client challenges and exploring possible solutions.
• Identify and escalate potential risks and issues to partner along with suggested
• preventive or mitigating actions.
• Present reports to client.
• Assist with drafting proposals.

Your people responsibilities

• Act as a visible role model for our people.
• Coach and mentor junior team members.
• Give honest supportive feedback to colleagues.
• Take personal responsibility for own performance and career development.
• Play an active role in EY and Service line team activities.
• Understand and follow workplace policies and procedures.

Technical skills requirements

• Must have Honours in Internal Audit, Accounting, Business, Finance or other related field.
• Must have CIA or equivalent.
• Minimum of 7 years of related work experience of which 3/ 4 must be supervising, coaching and managing staff.
• Related audit or applicable business experience.
• Proficient in Microsoft office (including Excel, Word, Outlook and PowerPoint).

go to method of application »

Responsibilities

Technical Role responsibilities

• Provide ad-hoc support to teams on informal queries relating to methodology, auditor reporting, EY policy, Companies Act issues, reportable irregularities, NOCLAR and other audit technical matters. You will seek guidance from senior members in the audit technical team to enable you to do so as required.
• Provide support to the consultation process as a Subject Matter Resource (SMR). An SMR works with audit teams to ensure the consultations they submit to an Approver are complete in fact pattern, appropriately researched, well documented and have a conclusion that you as SMR would concur with.
• Assisting partners and managers in audit with the application of complex risk management policies and procedures to resolve I manage arising risk matters through applying an understanding of global and
• local policies. You will seek guidance from senior members in the audit technical team to enable you to do so as required.
• Responsible for supporting technical Senior Managers on all arising and urgent technical matters.
• Develop a wide and deep knowledge across various technical matters (reporting, JSE regulations, Companies Act, audit methodology, analytics (digital auditing) and/or Reportable Irregularities) and over time determine an expertise as you progress.
• Manage smaller audit technical projects from inception to completion through appropriate project management of self and other technical resources (if required) and similarly execute tasks and elements of projects assigned to you by Senior Managers.
• Assist Senior Managers with the research and development of technical material including:
• Training material for in person and skype based training;
• Enablers, forms and template, guidance, and communications;
• Policy updates.
• Assist partners in responding to internal quality inspection findings and assist Senior Managers who support partners with external inspections.
• Assist partners and audit teams with root cause analysis process following external and internal inspections.
• Present in-person and skype based training as required and gain experience in each of the core curriculum training events presented to trainees and new managers.
• Train and coach peers and juniors in Professional Practice on technical matters through day to day interactions.
• Build strong internal relationships within Assurance and across other services
• (Optional) Execution of complex audit engagements, managing risk and applying professional scepticism
• Enhance EY's brand positioning through strong external relationships across a network of external relationships through involvement on SAICA and IRBA committees if deemed appropriate by Senior Managers.

People responsibilities

• Be recognized as a respected and supportive mentor, coach and counsellor, building career value for individuals
• Build and develop an inclusive culture of high-performing and diverse teams
• Contribute to performance feedback for peers and staff.
• Contribute to people initiatives including recruiting, retaining and training Assurance professionals where appropriate.
• Contribute to the maintenance of an educational program to continually develop personal skills
• Understand, follow and communicate workplace policies and procedures to all levels of staff
• Develop personal profile and awareness of EY offerings in the marketplace
• Build strong and long term relationships with key partners and ADs
• Act as an ambassador of EY in the market, with regulators and with clients

Qualifications and Experience

• CA(SA)
• Thorough knowledge of current auditing techniques
• Knowledge and understanding of ISAs, SAAPS and Auditing Professions Act
• Experience of the entire audit process
• Familiarity with IFRS
• Detailed understanding of risk-based auditing and risk and control strategies
• Understanding of Quality & Risk Management procedures
• Compliance with regulatory requirements

Experience:

• 1-3 years post articles experience in an auditing environment for manager position.
• 0-2 years post articles experience / completed articles in an auditing environment for assistant manager position.
• Advantageous to have been in a part time or full time audit technical role in an audit firm.