Manager - FAAS, Private Equity, Operational Excellence, Riyadh | ErnstYoung Job

Job Description

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.​

Join EY and help to build a better working world.

The opportunity

We are seeking a Manager to join the Financial Accounting Advisory Services (FAAS) practice within Banking and Capital Markets practice. This role requires a strong combination of banking domain knowledge,Asset Management, Private Equity Accounting and Operational Excellence.

Your key responsibilities

• Lead and support Banking and Capital Markets advisory engagements across finance transformation, operating model design, core banking modernisation, digital channels, data, controls and technology-enabled change.
• Lead and support asset management/private equity advisory engagements across finance, operating model design both as the management company level and at the portfolio company level
• Strong understanding of fund controllership and fund accounting principles and practices.
• Work with client stakeholders across business, finance, operations, technology, risk and compliance functions to assess current-state challenges, define target-state requirements and develop practical implementation roadmaps.
• Translate banking strategy and business requirements into actionable workplans, process designs, capability maps, target operating models, governance structures and implementation deliverables.
• Support large-scale transformation and implementation programmes, including programme governance, PMO setup, milestone tracking, RAID management, business readiness, change adoption and executive reporting.
• Contribute to business development activities including proposal development, credentials, scope definition, effort estimation, client presentations and preparation of boardroom-ready materials.
• Coach and manage junior team members, ensuring high-quality analysis, structured problem solving, strong documentation and timely delivery of client outputs.

Skills and attributes for success

• Strong structured problem-solving skills with the ability to break down complex banking issues into clear hypotheses, analyses and recommendations.
• Excellent stakeholder management skills, with the ability to engage confidently with client teams across business, finance, technology, operations and risk functions.
• Strong written and verbal communication skills, including the ability to develop executive-level presentations, reports, process documentation and decision-ready materials.
• Ability to manage multiple workstreams, prioritize tasks, meet deadlines and maintain high-quality delivery standards in a fast-paced consulting environment.
• Commercial mindset with the ability to identify client needs, support proposal development and contribute to the growth of the FAAS Banking and Capital Markets practice.
• Experience coaching junior consultants and reviewing deliverables to ensure analytical rigour, traceability and professional quality.

To qualify for the role, you must have.

• 5–7 years of relevant professional experience, preferably gained within a top-tier consulting firm, Big Four advisory practice, financial services technology advisory firm or a leading banking transformation environment.
• Strong experience serving Banking and Capital Markets clients, with exposure to retail banking, corporate banking, transaction banking, treasury, payments, lending, deposits, cards, trade finance, capital markets or related banking products.
• Strong experience serving asset management and private equity clients.  Familiarity with different types of fund structures.
• Demonstrated experience in transformation programmes within the asset management, private equity   and banking sector, including operating model redesign, process improvement, technology implementation, digital transformation, core banking modernisation or large-scale programme delivery.
• Experience working with or around core banking platforms, digital banking channels, payments platforms, workflow tools, data platforms, reporting systems, ERP / finance systems, CRM, treasury systems or other technologies that support day-to-day banking operations.
• Experience with asset management technology platforms.
• Familiarity with leading AI use cases in the banking market, including intelligent document processing, GenAI-enabled reporting, AI-assisted credit analysis, anomaly detection, predictive controls, intelligent reconciliations, workflow automation and AI-enabled back-office productivity improvements.
• Practical understanding of how banks operate across front office, middle office, back office, finance, operations, risk, technology and control functions.
• Experience supporting implementation projects, including requirements gathering, solution assessment, vendor coordination, testing support, business readiness, cutover planning, hypercare or benefits tracking.
• Bachelor’s degree in Finance, Accounting, Business, Economics or a related discipline.
• Professional qualifications such as CA, CPA, ACCA, CFA, or relevant certifications will be advantageous.
• Prior experience in a top-tier consulting firm or advisory environment serving Banking and Capital Markets clients is strongly preferred.
• Fluency in English is required; Arabic language capability would be an advantage for regional client delivery.

Ideally, you’ll also have

• Strong understanding of core banking products and processes, including customer onboarding, account servicing, lending, deposits, payments, cards, transaction banking, treasury and financial reporting touchpoints.
• Familiarity with core banking and peripheral banking technology landscapes, including digital channels, mobile and internet banking, middleware, payments infrastructure, enterprise data platforms, reporting tools and operational workflow solutions.
• Strong understanding of private equity fund structures and asset management operations.
• Ability to assess banking operating models across people, process, technology, data, governance, controls and service delivery dimensions.
• Strong appreciation of the role of data, controls, automation and technology architecture in supporting reliable, scalable and compliant banking operations.
• Ability to identify, assess and prioritize AI and automation opportunities across banking back-office functions, including operations, finance, reconciliations, reporting, controls, onboarding support, service request management and exception handling.
• Working knowledge of transformation delivery methodologies, including waterfall, agile, hybrid delivery, PMO governance, business case development, benefits tracking and change management.

What we offer you

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more.

Are you ready to shape your future with confidence? Apply today.

To help create an equitable and inclusive experience during the recruitment process, please inform us as soon as possible about any disability-related adjustments or accommodations you may need.

EY | Building a better working world

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

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.