Senior - Commodities Markets - Trading & Risk Management Advisory
Do you have the vision to see through problems? Then join EY to gain experiences that will last a lifetime
We're looking for a Senior Associate and/or an Assistant Manager to join our London-based Commodities Markets team as we continue to grow and develop in this space. This is an opportunity to combine both technical and commercial insight to deliver solutions for our client's complex problems.
Financial Accounting Advisory Services (FAAS) & Commodities Markets
The Financial Accounting Advisory Services (FAAS) team works with businesses and finance teams of clients to address risks arising from accounting, financial reporting and regulatory issues. FAAS teams serve as trusted advisors, both practical and innovative, to help our clients navigate through challenges in the changing economic and regulatory environment.
Commodities Markets (CM) is a specialization within FAAS, focused on clients active in trading gas, power, oil, metals, agriculture, chemical and related products. Our clients include:
• Global trading houses specializing in trading commodities
• Trading divisions of large conglomerates, consumer goods and industrial companies buying and selling commodities
• Financial trading and broking companies
• Industry bodies and infrastructure providers in the sector
Operating across the UK & Ireland and supporting EY practices across the EMEIA region, the team delivers four key services, Audit, Regulatory Compliance, Advisory and Risk consulting and Business Transformation. The team provide a 'one-stop shop' service across Commodity Trading finance and operations.
Your key responsibilities
As a Commodities Markets Senior Associate, you will engage with clients, bringing them benefit from our insights, creativity and energy.
Together with local leadership, leveraging FAAS- and firm-wide pool of people as well as global CM specialists, you will help build a regional pipeline, pursue opportunities and deliver high-quality engagements. You will typically work alongside the EY team leaders and client to help deliver projects in the area of business transformation, regulatory compliance, technology enablement, and control/risk governance.
More specifically you will provide advisory services by:
• Assisting EY team leaders in delivering engagements through understanding the current state of operations through interviews and review of prior documentation including review of the current processes, systems, information flow and controls.
• Gathering insights/industry practices and comparing them to the understanding of the current state to define the gap
• Work with engagement team and client leaders to develop detailed solution and implementation roadmap to enhance business capabilities and operational effectiveness. Confer with personnel concerned to ensure successful functioning of newly implemented systems or procedures.
• Demonstrate the ability to learn new digital technologies and participate in digital transformation engagements
• Consistently support the delivery of our service offerings to clients and demonstrate in-depth technical capabilities and professional knowledge.
• Supporting the practice leaders and senior executives in generating new business connections and development of engagement pipeline
• Ensure effective and efficient project execution according to professional and EY standards, set budgets, and timelines
To qualify for the role, you must have
• A Bachelor's/ Master's degree in Accounting, Finance, Business, Economics, Mathematics, Information Technology or related field
• 3-5 years of relevant consulting and/or industry work experience in one of the below:
o Front, middle or back-office for a commodity trading operation with exposure to various commodity transaction types (physical and financial) across multiple markets including understanding of risk and/or hedging strategies
o Experience of working with one or more digital technology solutions such as data analytics, RPA, artificial intelligence, and block chain
o Experience with documentation of business requirements for a process/technology solution, knowledge of software development lifecycle, and/or experience with solution design for a business problem
o Current regulatory/ controls landscape associated with Commodity operations, including control and process design, re-design and/or mitigation related activities
o Experience with how commodity markets operate (power, gas, crude, metals and/or refined products) and understanding of transaction lifecycle (front, middle, and back office)
• Exposure to the physical commodities trading sector is essential. This experience may have been gathered through exposure to professional services (audit, consulting, technology, out-sourcing) or operational roles in trading houses or banks.
• Experience with key technology solutions used for commodity trading operations such as Commodity Trading Risk Management systems (e.g., OpenLink, Aspect, EOS, Allegro, etc.)
• Solution-oriented with a "go-getter" personality who is motivated to identify ways to deliver value to clients
• Demonstrated interest in commodities trading sector through education, work or extra-curricular experience
• Willing to try new ways to solve old problems through the innovative application of process and technology, as well as to drive change in the industry
• Experience in managing a diverse client/ project/ task portfolio is essential
• Great communicator, team player and have ability to establish personal credibility with the client
• Ability to travel for work outside London for over 50% of time
What we look for
We're interested in individuals with a genuine creative vision and the confidence to make it happen. This role will involve working with multi-disciplinary teams for some of the biggest commodity groups, where you can apply the leading methodologies and help drive their business performance. This will require continuous learning and keeping up with market trends.
What working at EY offers
• A competitive remuneration package where you'll be rewarded for your individual and team performance.
• Support, coaching and feedback from some of the most engaging colleagues
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that's right for you
• We are committed to be an inclusive employer and are happy to consider flexible working arrangements.
EY has three main objectives in the UK and the ambition for Assurance reflect the firm's wider 2020 vision. We aim to double our business by 2020, and own 25% of the Big 4 Audit Market. We're determined to be the most favoured employer, known for the diversity and richness of experience that working at EY can offer. But more than these things, we're committed to building a better working world - for our clients, our people and our communities.
You and your high-performing team will inspire confidence in the validity and integrity of financial statements, and the information and processes behind them. If you have the ambition to be a leader in the field, and the idea of working in a Big 4 firm with a global growth vision appeals to you, then the time you spend at EY will shape your career for years to come.
About EY and our Vision
EY is a global professional services organisation providing advisory, assurance, tax and transaction services. We are committed to doing our part in building a better working world for our people, our clients and our communities. And we are united by our shared values and a dedication to delivering exceptional client service
We have ambitious goals for 2020. Globally, we want to be #1 or #2 in professional services and be the best brand. To achieve this, our teams need to perform at the highest level, and have a relentless focus on delivering the excellent client service that will help us to continue to grow and become the market leader. In this context, your career will develop and grow.
We make sure our people succeed. The networks you build and the experiences you have with us will help define and accelerate the rest of your career. Last year in the UK, nearly 2,000 of our people were promoted or progressed within their grade, and we are significantly increasing the number of partners in the UK. So when you build something better at EY, we make sure you're rewarded.
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