2020 Industry Placement Year, Financial Services Forensic & Litigation Consulting

FTI Consulting Ltd ,
London, Greater London
Job Type: Full-time

Overview

About the Role: Application deadline is 17 April 2020 Candidates will hear back from us with interview invitations by mid-April 2020. Please note only applicants that supply a cover letter will be considered. We are involved in complex and high-profile litigation, arbitration and investigations globally; combined with end-to-end risk advisory and investigative disputes expertise, we deliver holistic solutions for our clients. The Forensic & Litigation Consulting practice offers one of the industry's most complete range of advisory services to clients across the globe. Our service offerings include investigations in the following areas of financial crime: Money laundering; Bribery and corruption; and Fraud. Additionally, our Forensic and Litigation Consulting Practice assist in forensic accounting; governance, risk and regulatory advice; regulatory investigations and litigation support and transactional data analytics. An effective financial services industry is critical to the success of any economy and affects us all. Clients turn to FTI Consulting's Financial Services team when they need expert advisors who understand the intricacies of the sector, the changing expectations of regulators and the needs of broader stakeholders. We support them in identifying and addressing complex issues whilst enabling them to achieve cost efficiencies and to implement enduring commercial solutions. What You'll Do: As a Consultant in the Financial Services team, you'll be involved in challenging client engagements and business development activities from the outset. Project delivery: You will work as a core member of the delivery team for client projects. Your input will vary from project to project but will typically involve assisting with stakeholder engagement, document reviews, process walk-throughs, developing solutions and drafting reports. Proposals: By researching prospective clients and supporting the proposal writing process, you will play a key role in winning potential client engagements. Team building: You will be encouraged to build internal and external relationships, contributing to an open, collaborative working environment and to the identification and delivery of cross service line engagements. Thought Leadership: Consultants play a crucial role in building the brand of FTI and the Financial Services team by developing and contributing to interesting and thought-provoking collateral. Additionally, it is encouraged for Consultants to assist in designing, organising and participating in industry events. Examples of our recent work Corporate governance review of a major European bank Confronted with a perfect storm of a national economy in crisis, significant internal upheaval, and wide-ranging regulatory changes, the board of a major European bank turned to FTI to improve its corporate governance mechanisms. Our work included evaluating the effectiveness of the board; running education sessions with senior stakeholders; reviewing the risk management framework; and assessing the three lines of defence model. As a result of the bank's clear focus on good governance, it emerged safely from the recession without needing bailout support, even winning a national award for its governance arrangements. Systems and Controls Review of an Insurer An insurer turned to FTI for advice after weaknesses in its governance and control were identified by management and the regulators. FTI advised on the development of a comprehensive policy framework, reviewing a number of operational policies across all areas of the business and suggesting improvements. We also reviewed proposed changes to the client's governance arrangements, suggesting a series of enhancements designed to improve risk management and oversight. Financial crime remediation programme support We were engaged to assist a bank in a remediation programme covering thousands of clients. As well as performing a review of client files, our team provided recommendations for procedural improvements, designed and delivered technical training on combatting financial crime to approximately 100 employees and held coaching sessions for the bank's senior management. This helped the client to build a robust financial crime resulting in positive feedback from the regulator. How You'll Grow: A 12-month placement running from September 2020 to August 2021 in our London offices, with a competitive salary, plus a discretionary bonus. We offer industry placements early exposure to a variety of projects, carrying huge commercial and reputational significance for our clients. You will work with senior client stakeholders to find solutions for some of the most pressing challenges in the financial services industry whilst benefitting from the support of colleagues with vast experience as former regulators and industry practitioners. We are committed to developing professionals with outstanding consultancy skills and a strong technical understanding of regulatory matters. Your Performance Coach will work with you to develop a bespoke training and development plan, supporting you in achieving industry-recognised qualifications. You will also have access to our comprehensive in-house learning and development programme as well as the chance to be part of interesting and challenging projects. You may also have the opportunity to travel as part of projects or secondments, most commonly to our clients' offices in Europe, the Middle East and Africa. Qualifications: Achieved AAB or equivalent Achieved 2:1 or above in first year Cover letter to include motivation to work in Financial Services team at FTI Consulting CV to include academic performance at university and results of A-level or equivalent qualifications Application deadline is 17 April 2020 Our Benefits Apart from the well-structured career path and excellent team environment, our employees enjoy a variety of perks and benefits. Our benefits include, but are not limited to: Competitive salary and bonus plans Generous paid holidays and paid time off Annual paid volunteer hours Corporate matching for charitable donations Free snacks and drinks About FTI Consulting What makes us unique? With more than 5,000 employees located in offices in every corner of the globe, we are the firm our clients call wh