FSO, Business Transformation, Asset Management Senior

Job description

Location: New York, Chicago and Boston 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. EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry – the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry, working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets, Wealth and Asset Management and Insurance. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish, and the global economy is healthy, growing, and secure. If you have a passion for rallying together to solve complex challenges, then come join our dynamic FSO team! EY | Financial Services Organization – Wealth & Asset Management Consulting Senior Consultant – Asset & Wealth Management EY is a global leader in serving the financial services industry, and the only professional services firm with a dedicated business unit focused exclusively on financial services — the Financial Services Organization (FSO). Our specialized structure enables us to work at the forefront of change, helping clients across Banking & Capital Markets, Wealth & Asset Management, and Insurance adapt to a rapidly evolving landscape. Our purpose is to help build a financial services industry that is trusted, resilient, and transformative — one where institutions can flourish and contribute to a healthy global economy. If you’re motivated by solving complex challenges, driving innovation, and shaping the future of financial services, we invite you to join our dynamic Asset & Wealth Management Consulting team. The Opportunity As part of our Asset & Wealth Management practice, you’ll help clients better align their operating models, investment platforms, data, and technology with their business strategies. Our work spans the full investment value chain—from front-office investment decision support and portfolio construction to middle- and back-office processing, data governance, and reporting. You’ll serve both traditional and alternative asset managers, wealth platforms, and service providers, working on initiatives that enable efficiency, scale, transparency, and investment insight. Increasingly, this includes supporting clients as they expand into Private Markets and semi-liquid alternative products - helping bridge the operational, data, and regulatory complexities between public and private investments within integrated investment platforms such as Aladdin. This is an opportunity to build deep expertise across a diverse set of asset classes while developing future-ready consulting skills across investment operations, platform enablement, data, analytics, and regulatory change. . Key Responsibilities Support clients across the investment management lifecycle, from product development and investment operations to fund accounting, data management, and reporting. Help design and implement target operating models that improve scalability, cost efficiency, and governance across front-, middle-, and back-office functions. Participate in technology-enabled transformations, including system selection and implementation, with a particular focus on Aladdin-led investment platform transformations, as well as Charles River, Geneva, Investran, eFront, or equivalent solutions. Support clients in Aladdin configuration, data integration, operating model alignment, and change management to ensure platforms are fully embedded into day-to-day investment and operational processes. Work with clients on emerging areas such as outsourcing strategy, automation, and digital operating models. Contribute to business development, thought leadership, and knowledge sharing within the team, particularly around market convergence between traditional and alternative investments. Collaborate closely with colleagues across service lines to bring integrated EY solutions spanning operations, data, risk, finance, and technology. Skills and Attributes for Success Solid understanding of the asset and wealth management industry, including investment operations, product structures, and client segments. Interest or experience in Private Markets and Alternatives (e.g., Private Equity, Private Credit, Real Estate, Infrastructure, or secondaries) as the industry expands access to non-traditional products. Ability to translate complex business and operational requirements into practical, technology-enabled solutions. Strong analytical and communication skills, with the ability to distill complex findings into actionable insights for clients. Understanding of BlackRock Aladdin as an end‑to‑end investment platform, including how portfolio management, risk analytics, trading, investment operations, and data workflows are integrated across the investment lifecycle. Proven ability to thrive in collaborative, fast-paced consulting environments. To Qualify for the Role, You Must Have Bachelor’s degree in business, finance, accounting, computer science, engineering, or related discipline; MBA or MS preferred. Minimum of 3 years of progressive experience in: A traditional or alternative asset management firm, fund administrator, or wealth platform, or Financial services consulting with exposure to investment operations or technology transformation. Hands-on experience with BlackRock Aladdin is strongly preferred, including exposure to portfolio management, risk analytics, trading workflows, investment operations, or data within the Aladdin ecosystem. Demonstrated experience supporting or working within Aladdin‑enabled investment processes, such as portfolio construction, risk analysis, trading workflows, investment operations, or investment data management. Experience with additional investment systems such as Charles River, Eagle, eFront, Investran, or Geneva is also valued Experience with process improvement, system implementation, project management, platform implementation, or middle-office outsourcing. Strong interpersonal, presentation, and client service skills. Willingness to travel as required; valid driver’s license and passport. Ideally, You’ll Also Have Prior consulting experience with a Big 4 or other global professional services firm. Exposure to Private Markets operations, fund structures, or investor reporting. Exposure to Aladdin-enabled operating models, investment data architectures, or platform integration initiatives. Understanding of how digital platforms, investment analytics, automation, and data solutions are transforming the investment management ecosystem. Experience assessing vendor solutions or service providers for fund accounting, data management, or performance measurement. Interest in the intersection of public and private markets, and how firms are evolving to serve institutional and wealth clients more effectively. What We Look For We’re looking for passionate, curious professionals who combine strategic thinking with hands-on delivery. You’ll have the autonomy to drive meaningful change for clients while collaborating with peers across EY’s global network. If you’re excited by the opportunity to work across traditional and alternative investments — and to help define Aladdin-enabled operating models and investment platforms powering the future of Asset & Wealth Management — this role is for you. We're interested in highly motivated talented individuals with a strong willingness to think outside of the box. You can expect plenty of autonomy in this role, so you'll need the motivation to take initiative and seek out opportunities to improve our current relationships and expand our business in the evolving market. If you're serious about consulting and ready to take on some of our clients' most complex issues, this role is for you. 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 . We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $97,300 to $178,300. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $116,700 to $202,600. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being. Are you ready to shape your future with confidence? Apply today. EY accepts applications for this position on an on-going basis. For those living in California, please click here for additional information. EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. 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. EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law. EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at .