Director, Remediation, Financial Services Consulting
EY UK
Job Description
At EY, we’re all in to shape your future with confidence.Please make an application promptly if you are a good match for this role due to high levels of interest.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.EY's Financial Services practice is a unique industry-focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including banks, insurers, wealth and asset managers and government.EY UK’s Remediation Team works across all sectors on a broad range of engagements with a diverse portfolio of clients, delivering consultancy services and support focused on the execution of remediation programmes and the management of regulatory risk.The team focuses on delivering some of the industry’s largest and most complex remediation programmes. This includes supporting firms in qualifying potential issues, root cause analysis, as well as designing and implementing past business reviews and redress schemes to remediate consumer harm.The opportunityOur objective is to continue being the market leader in delivering large-scale, complex remediation programmes within the Financial Services sector. We collaborate and work closely with teams across EY to design and execute technology-enabled delivery solutions that bring structure, pace and control to high profile programmes for our clients, while also building and deepening senior client relationships and identifying opportunities to support clients across the remediation lifecycle.As a Director, you will play a pivotal role in shaping EY’s remediation delivery strategy, taking end-to-end accountability for programme set-up and execution, and acting as a trusted adviser to senior client stakeholders on delivery approach, governance, risks and good customer outcomes.
You will also be expected to originate and shape new opportunities, lead pursuits and proposals, and bring the best of EY to clients through strong relationship management and market-facing insight.Your key responsibilitiesAs a Director within the Remediation Team, you will lead complex multi-workstream programmes from mobilisation through to closure, setting the delivery strategy, establishing governance and controls, and assuring high quality outcomes. Typical engagements include leading, directing and assuring the design, implementation or review of:Past business reviews and large-scale remediation programmes for firmsProgramme design and control, including integrated plans, dependencies, RAID management, milestones, and operational executionGovernance and operating rhythm, steering committees, working groups, decision forums, and clear escalation pathwaysPerformance management and reporting including MI and insights, outcome tracking, executive dashboards and Board‑level reportingResource and financial management comprising budgeting, forecasting, capacity planning, and commercial oversightWorkstream leadership across multi‑disciplinary teams (operations, technology, data, risk) to deliver at paceQuality management incorporating assurance frameworks, outcome testing and continuous improvement across delivery lifecycleDelivery of FCA agreed actions including Section 166 reviews and Skilled Person engagementsDevelopment of programme artefacts, including policy frameworks, remediation principles and redress methodologies to scale repeatable deliveryOriginating, shaping and leading significant business development opportunities for new and existing clientsThe successful candidate will be expected to:Provide visible leadership across EY’s largest and most complex remediation programmes, acting as the primary point of accountability for delivery, quality and outcomesBe a very established Programme Manager with significant experience of setting up and delivering large scale remediation programmesSet the overall programme strategy and delivery approach, including mobilisation, governance design, delivery controls, reporting and assuranceLead multiple workstreams and engagement teams concurrently, ensuring clear ownership, strong delivery cadence, and effective decision‑making disciplineOwn commercial performance and programme control, including budgeting, resourcing, risk management and contractual delivery commitmentsTranslate complex regulatory expectations into actionable delivery plans and operating models that teams can execute at scale.Operate confidently at senior levels, with strong written and verbal communication skills for Board‑level reporting, regulator engagement and executive presentationsProactively identify and convert opportunities for EY to provide additional advisory services, leveraging existing client relationshipsLead, or play a senior role in, the development and governance of proposals for significant new client opportunitiesBuild, maintain and deepen senior client relationships, acting as a trusted adviser across remediation, regulatory risk and broader transformation agendasCreate a high‑performing team culture, mentoring senior managers and managers, and taking accountability for talent development, succession and performance outcomesDemonstrate a proactive, ownership‑driven mindset with a clear ambition to progress to Partner and help shape the future direction of the practiceSkills and Attributes for Success:Demonstrate extensive programme leadership experience, including setting up and delivering large scale remediation programmesProven programme leadership experience delivering large‑scale, multi‑workstream transformation and/or remediation programmes, with complex governance and stakeholder landscapesStrong programme management disciplines and the ability to establish strong delivery controlsWorking knowledge of financial services regulation and remediation, with the ability to translate regulatory expectations into executable delivery plans and measurable outcomesOutstanding communication skills, strong commercial acumen and the ability to provide constructive challenge at senior levelsHighly organised, structured and disciplined, with the flexibility to operate effectively across multiple priorities and under significant regulatory and delivery pressureProactive and outcomes‑focused, anticipating issues, shaping solutions and driving decisions to conclusionStrong client‑facing presence, with the ability to build trusted relationships with senior executives, regulators and external advisersConfident in managing ambiguity and complexity, balancing regulatory expectations with pragmatic delivery considerationsDemonstrated ability to originate, shape and grow new business opportunities within remediation and adjacent regulatory risk servicesA collaborative leader who works effectively across EY’s wider Financial Services practice and promotes a strong, inclusive team cultureTo qualify for the role, you must have some or all of the following:• Typically, 12+ years’ experience working within Financial Services or significant experience leading large‑scale remediation programmes
- Proficient in programme set‑up and execution (governance, planning, controls, reporting, resourcing and budget management) with the ability to translate regulatory expectations into effective delivery plans
- Sound technical knowledge of financial products and customer‑facing regulated activities (e.g. complaint handling, redress, conduct risk)
- Strong academic background, ideally to a degree level or equivalent
- FPC or QCF Level 4 qualified (preferable but not required)
- Proven experience managing, developing and sponsoring senior talentWhat we look forWe are looking for individuals with a strong sense of ownership, commercial awareness and ambition to help transform the financial services industry. If you have a passion for leading some of the industry’s most complex and high‑profile remediation programmes, and are motivated by progression to Partner, this role is for you.What we offerWe offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:Support, coaching and feedback from some of the most engaging colleagues aroundOpportunities to develop new skills and progress your careerThe freedom and flexibility to handle your role in a way that’s right for youIf you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.Join us in building a better working world.Apply now.EY | Building a better working worldEY 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. xcunqrw 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.