Life at Deloitte
Consultant, Risk Advisory, Governance & Compliance, London
I joined Deloitte after having studied Philosophy as an undergraduate at the University of York. I completed the Summer Vacation Scheme in 2012, rotating between placements in Risk Advisory and Indirect Taxation before deciding to join Risk Advisory as a graduate in 2013.
What work do you get involved in on a day to day basis?
Typically, my time is spent in meetings with members of client management, establishing what internal processes and controls they have in place to manage identified risks. Following these meetings, I spend time on site with the client, testing the controls and making sure that they are operating effectively. I document any findings I make in workpapers and submit them for manager review.
Risk Advisory offers a wide variety of projects to get involved in. From technical IT-based audits to more advisory roles. One of my recent engagements involved carrying out the Premium Rate Services (competitions, votes, etc.) Verification for a major broadcaster.
What do you like most about the office and region that you work in?
The London office is a friendly and relaxed environment in which to work. The benefit of working in the UK’s largest office is that there is always an event or social to attend in order to maintain and expand your professional and personal network. The Diversity Networks and societies are mostly based in London, so there is a lot of scope to get involved with activities with your colleagues outside of a work environment.
Why your industry?
When you join Risk Advisory, you are assigned to a ‘competency’ (such as Governance and Compliance) which roughly aligns to the nature of work we carry out for our clients, rather than the industry in which they operate. This provides you with the opportunity to work for a wide variety of clients and industries and get a feel for the risks and issues affecting each of them.
There is the opportunity to specialise in a specific industry group if you find something you’re particularly passionate about, or have a particularly high level of expertise.
What is your top tip for working in your industry?
Given that Risk Advisory joiners don’t operate within a specific industry, my best advice would be to maintain a level of flexibility in your approach to work. Something that you’ve seen multiple times at clients in one industry may not be the standard in another.
What differentiates your industry from other industries?
The opportunity to work across a range of industries before specialising is different from much of the firm.
Which personality traits or skills aid success in your industry?
It’s important to have strong inter-personal skills, and the ability to connect with your client on a personal level. It can’t be over-stated how much easier your life becomes if your client likes you, and wants to help.
What do you enjoy most about your industry?
I enjoy the variety of work I am able to carry out, not being pigeon-holed into a specific industry. Risk Advisory also permits a level of fluidity between the Competency groups: most of the joiners in my year have completed work outside of their assigned competency, as well as secondments to Financial Audit.
Talk us through the most exciting project that you have worked on
My first assignment was a SOx audit, which relates to legislation enacted in the United States in response, in part, to the collapse of Enron. I was required to travel out to New York, where I stayed for 6 weeks, carrying out work for a number of entities all based in Manhattan. The client staff were all helpful and friendly, considering that this was my first job, and I was able to spend my evenings and weekends enjoying the city as I saw fit.
It was a great introduction to life at Deloitte as well as to one of the most significant pieces of reporting legislation.
What social, society and corporate responsibility activities have you been involved with at Deloitte?
I’m actively involved in GLOBE, which is the Deloitte Network for LGBT people. Activities are primarily focused on socials and networking events within Deloitte, but there are lots of opportunities to meet other professionals in London.
I’m also involved in planning this year’s Risk Advisory Christmas Party, which gives me a good level of exposure to senior members of the team, as well as the opportunity to do something enjoyable during my office down-time.
How has Deloitte played a role in your long term career goals?
Deloitte is widely considered to be one of the best places to start your career. The range of clients to which you are exposed is unparalleled, and the opportunity to work within such a wide range of industries has given me a lot of perspective on my own career goals and trajectory.
What advice would you share to others considering a career in your industry?
As I’ve stated before, the best thing about working within Risk Advisory is that you aren’t limited to just one industry. Anyone who wants to experience as much client and industry diversity as possible should consider a career in Risk Advisory.