Industrial Trainee - Business Consulting Risk (Process & Controls)

About the role

EY is hiring an Industrial Trainee for its Business Consulting Risk practice in Mumbai, covering risk, process and controls. The advisory risk services give clients a clear view of their risk landscape so they can build confidence with customers and the market, and meet regulatory or contractual requirements. The trainee executes client engagements in governance, risk and compliance (GRC), internal audit, process reviews, standard operating procedures, enterprise risk management and revenue assurance.

Key responsibilities

• Deliver client engagements to quality standards, review working papers and client folders, and suggest ways to improve productivity and client service.
• Identify business and industry trends and areas where client processes need improvement, then prepare recommendations.
• Handle data analytics using tools such as ACL, and ensure compliance with engagement plans and quality and risk management procedures.
• Be aware of internal auditing standards issued by the IIA and ICAI, and apply a solution-based approach to problem solving.
• Manage engagement budgets and support seniors in preparing marketing materials, business proposals and new solutions or methodologies.
• Build strong working relationships with client process owners and functional heads, and mentor young interns and analysts.
• Contribute to knowledge management sessions in the practice.
• Brief the engagement team on the client's internal audit environment and industry trends, and maintain client management relationships on service expectations, timing and deliverables.
• Assess internal controls and the SOX framework, develop internal audit plans and perform internal control testing, including on an outsourced basis.
• Use project management skills and current technology to improve the effectiveness of deliverables.

Required profile

• Chartered Accountant / Certified Internal Auditor, or a Master's degree in Business Administration.
• 0-1 year of post-qualification experience in risk advisory, related internal audit or external audit.
• Availability to travel outside the assigned office at least 50% of the time, plus commute within the region, and willingness to work beyond standard hours when needed.
• A valid passport is required.
• Ideally good communication skills.