Join Deloitte

Student opportunities in Risk Advisory

In these rapidly evolving times, we’re defining the future. As well as helping clients to comply with changing laws and best practice, you’ll transform their businesses. It’s about understanding and anticipating the risks that come from uncertainty, whether that’s cyber threat, financial, operational, or a myriad of other risks. And offering innovative solutions that not only build resilience, but deliver a competitive advantage.

Why work in Risk Advisory?

You’ll work with, and learn from, brilliant people. People who disrupt how our clients traditionally respond to uncertainty in their business; who combine deep expertise and innovative digital technology across all areas of risk to help our clients drive better performance. And importantly people who care about the world around them and use their expertise to make an impact in society.

Join us and you’ll become a specialist in the issues that keep our clients awake at night. You’ll help bring new, innovative solutions and products to market and will be empowered to take responsibility for developing, delivering and running the future for your clients.

We work with major organisations across the corporate, financial and public sectors; from the largest household names to smaller clients in niche or emerging industries. We give you a huge breadth of career options, including opportunities to work on global client engagements with colleagues across the entire Deloitte network.

So many paths are open to you in Risk Advisory. You can choose to specialise in a broad range of business or technological competencies. Focus on joining interesting new teams and developing products and businesses from scratch... Whichever way you go, you’ll be nurtured and developed throughout your career.

 

Explore your Options:

Cyber

What we do

Keeping our clients safe, secure and one step ahead means working on all kinds of challenging projects to mitigate the cyber risks they’re exposed to. We help them identify and protect their critical information and assets, and make intelligent decisions about their people, processes and technology. Ultimately, this about ensuring that they can not only survive disruption, but thrive in a competitive market.

We provide clients with deep technical knowledge and expertise. This may involve implementing protective technologies, helping detect signs of attack and assisting with incident response and recovery activities. Such as compliance with new regulations and understanding which cyber threats could have the biggest impact.

All of this takes different types of knowledge and expertise, from the highly technical to strategic business thinking. The current shape of our business reflects this, with two distinct streams: Cyber Risk and Strategy & Cyber Technical Advisory.

Whichever one you join, you’ll be part of a team that’s growing fast, as cyber security becomes ever-more pressing for all businesses, large and small. We have grown significantly to become a practice of over 400 cyber specialists.

Your career

You’ll be part of a team that helps our clients understand and respond to the threats they face using our deep technical expertise, solving challenges such as detecting unknown or unseen threats, and configuring and managing access solutions to information and systems. As well as defining their cyber strategy, and identifying and contextualising the threats and threat actors to an organisation.

Here, you have a wide variety of options for your cyber career. For example you could become an ethical hacker, or cyber incident responder. You could become a cloud security specialist or implement and advise on security, from industrial control systems to the internet of things.

You’re sure to make a huge impact here, for your clients and your career, and for wider society too. You can help us train organisations in what it means to be cyber aware; work with non-profit organisations that teach young adults how to stay safe online; or become one of our many cyber security ambassadors, who’ve worked in schools and on government initiatives, such as Cyber First.

Compliance & Operational Risk

What we do

The Compliance & Operational Risk team offers clients a range of services to help them manage conduct of business, corporate governance and operational risk issues and to comply with regulatory requirements.

Deloitte has built a market leading team that supports top tier financial institutions in managing and implementing change, driven by new regulatory and strategic risk management objectives.

The team specialises in providing innovative advice and solutions whilst assisting clients with balancing the need for regulatory compliance with commercial considerations. We develop and implement RegTech solutions to supplement our client’s current risk management processes.

Your career

You will support top tier financial institutions, from retail banks to insurers and asset managers to investment banks. As a team, we often work with Chief Risk Officers, Chief Compliance Officers and Chief Operating Officers, to deliver risk management capabilities that are tailored to the individual characteristics of the client and the risk sophistication of the Board of Directors. We work across a range of functions within Financial Services firms, from Front Office teams, Compliance departments, Senior Management to the Board of Directors.

An important part of your personal development is ensuring we give you the opportunity to complete both internal and external training. The completion of training will help both your technical and soft skills. You will sit exams with the Chartered Institute for Securities and Investment (CISI) – Level 4 UK Regulation and Professional Integrity and Level 6 Regulation and Compliance – to attain relevant technical knowledge for your role with us. You will also have access to Deloitte-wide courses, including innovation, solutions and sector-specific training.

Extended Enterprise Risk Management (EERM)

What we do

The success of third party relationships is critical to our clients. Our Extended Enterprise Risk Management professionals help maximise the benefits gained from the relationships our clients have with various business partners. We specialise in advising our clients on how best to identify and manage the risks that come with contractual relationships, with the aim of delivering tangible solutions across our five propositions: Third Party Advisory (TPA), Business Partner Assurance (BPA), Software Licence Compliance (SLC), Software Asset Management (SAM) and Corporate Intelligence Service (CIS).

Our people work across all sectors; from sports, pharmaceuticals to financial services, and with various stakeholders within the client’s third party businesses. These can include the Chief Information Officer, procurement teams, IT administrators and many others.

From using the latest technology to developing our own, to transforming the way that we work; innovation and being ahead of the game is critical to our business. You could be part of our dedicated EERM Fit for the Future team when you join us. We’ve already developed unique in-house tools to automate our analytics, and we’re continuously working with exciting technology companies on contract discovery technology to automate entire lifecycle processes. We’re also exploring how block chain, machine learning, automation and internet of things can become part of our daily business.

Your career

Working with us means all kinds of exciting opportunities and you’ll have the chance to work on projects across diverse industries, including technology, oil & gas, pharmaceuticals and the public sector. You’ll collaborate with senior people and key stakeholders in many different businesses and there will also be the opportunity to travel within the UK and internationally. Recent projects have taken our colleagues to Latin America, Asia Pacific and Africa. You’ll also have the chance to bring your voice to the table and help make change happen.

The EERM team, whilst being high performing where no two days are the same, values and promotes a healthy work-life balance. Social events are democratically selected and are well attended. We enable our people to constantly develop, both professionally and personally, through training, on the field experience, and exposure to different clients from day one. Where you’re keen to branch out into different areas, we’ll help you get to wherever you want to go.

We also regularly form cross-service-line teams, which means you will often be working with experts across the firm, to solve complex client challenges.

What we do promotes good governance behaviours, affecting how businesses operate and work with one another. Which means our people can feel great pride in being part of something that has such a positive impact.

Finance, Operations & Support (FO&S)

What we do

The role of the finance function is evolving; it is now more vital than ever to the success of corporate and public sector organisations. Much more than control and reporting, an effective finance function drives overall strategy and direction too, acting as a catalyst for positive change.

Finance Operations and Support (FO&S) deliver projects and provide advice that supports the development of high performing Finance functions within our clients’ businesses.  Much of our work is client facing and we work with Finance leaders, including CFOs and Finance Directors, to help diagnose and solve their challenges.  Our work involves a mixture of strategic advice and hands on implementation, delivered by our diverse team of Finance professionals.

We work with a broad range of corporate and public sector organisations, including well known multi-nationals. Our clients are diverse in scale, industry and location, each providing new insights into Finance and wider business issues.

Projects vary from a few weeks to several months (and occasionally years!) and there can be opportunities to travel within the UK and overseas. Our team have the skills to address issues across all elements of Finance functions. These include helping clients design an effective Finance operating model, adopt digital Finance solutions, deliver best in class Finance processes, prepare insightful management reporting, develop business partnering capabilities, implement new Financial Reporting Standards, support mergers and acquisitions, achieve a faster monthly close and improve working capital.

Your career

You’ll be required to study for the ICAEW’s ACA qualification for your first three years, to become a Chartered Accountant.  We fund your college, learning materials, exams and study leave for this.

We welcome curiosity, proactivity and ambition.  In return, we provide on the job learning from our experienced team and access to a training syllabus.  Each client project provides new learning opportunities and you usually rotate around a variety of projects each year.  This will help you develop the strong accounting/Finance, technical (e.g. Excel, Visio, PowerPoint) and soft skills (including client facing skills) that will set up your long-term career.

You will gain experience and access to a variety of proven tools and methodologies, and the variety of work means no two projects will be the same. Throughout your career in FO&S you will be continually challenged, developing and growing as you work with diverse clients, issues and stakeholders, collaboratively developing solutions. In FO&S we regularly form cross-service-line teams, which means you will often work with experts from across the firm.

We have a diverse team of around 100, including a Partner team of seven. FO&S are based in London, Reading, Birmingham, Leeds and Manchester, but we work together as one team nationally. We hire a number of BrightStarts and graduates each year across most of our locations and have regular team calls and social events to help you settle in.

The following links and articles give examples of current developments in the world of Finance. We recommend searching the Deloitte website for other related content:

Reputation, Crisis & Resilience

What we do

The Reputation, Crisis & Resilience (RCR) team works with clients to help them put plans in place for responding to known risks and anticipate the unexpected, as well as enable them to mobilise quickly and flexibly to manage and resolve high impact events and issues. These can be diverse in nature and range from acts of terrorism, industrial disputes and severe weather to health pandemics, share price collapse, IT outages and data breaches. In order to successfully respond to crises, the RCR team focuses on helping clients understand what ‘resilience’ really means for them, and helping them become more resilient so they can pivot quickly and respond positively to uncertainty.

We work with a broad range of clients, diverse both in size and industry. Examples include international investment banks, retail giants, telecommunications providers and public sector bodies. This breadth gives you the opportunity to gain a detailed understanding of the challenges, risks and opportunities faced by clients, both within the UK and globally.

Your career

During your first few weeks with the firm, you will receive training designed to cover the basics of the work we deliver for clients. No prior experience is required. On the training programme you’ll develop skills across the breadth of our services. Specifically, these are based on our team’s six key service offerings: Major Risks and Events Planning & Readiness, Crisis Management & Crisis Communications, Issues Management, Business Continuity & Supply Chain Resilience, Reputation Management, and Live Response. In addition, there are opportunities to pursue professional qualifications, as well as our Learning and Development programme, which covers the soft skills you need as somebody new to professional services, such as report writing, problem solving and making an impact.

Data Risk & Analytics

What we do

Storing, using, and interpreting data presents complex and challenging issues for our clients. We’re here to help them understand how they can improve their business performance through the management and use of their data. Whether it’s financial, operational, commercial, or regulatory information, we are able to provide insight, add value, and manage risks for our clients.

There is no typical Data Risk & Analytics client or project. Poor or misused data is a problem that affects all organisations, regardless of size or business model, and using data in new and innovative ways can be an opportunity for clients across all industries. This means that we work with a huge variety of companies, from banks, insurers, and other major financial institutions, to high-street businesses, government institutions, and other global corporations.

Our teams are a mix of highly skilled technical people (such as data scientists, mathematicians, and academics), non-technical specialists who have a deep industry knowledge (such as ex-traders or industry leads) and business and project management analysts – but don’t worry, you don’t need to be an expert at this stage!

This inter-disciplinary model ensures we’re able to deliver complex models and solutions, but also respond to the needs of specialised proposals. We’ll call in additional experts where necessary too. Which means you’re likely to meet and work with all kinds of inspiring, deeply knowledgeable people, throughout your career.

Key project areas:

  • Data Science
  • Artificial Intelligence, Machine Learning, and Robotics
  • Information Management (Data Quality, Data Governance, Data Migration)
  • Data & Software Engineering (Data Architecture, solution design and user experience, cloud infrastructure)

Your career

One of the fastest growing and highest performing areas of our business, Data, Risk & Analytics offers exceptional opportunities for your career. Many problems tackled here can be applied to clients across different industries, and the core skills you’ll develop are highly transferable. You’ll experience a huge variety of client and project types, and will be responsible for drawing out, refining and clearly articulating complex data stories and concepts to our clients. No prior data or coding experience is required, but there are opportunities to pursue specialised fields such as data science and artificial intelligence should you be interested.

Risk & Regulation

What we do

Our Risk and Regulation businesses provide in-depth skills and expertise across the risk and finance management spectrum, which, combined with an operational and practical understanding of the regulatory framework, ensures that we can deliver solution-orientated outcomes for complex challenges in partnership with our clients. The team is focused on prudential regulations (covering, e.g., credit risk, market risk, liquidity / funding related risks) as well as structural reform related change, including the impact of Brexit.

The regulatory landscape faced by the financial services industry has never been more complex. Confronted by a series of changes from national and international regulators, many of which overlap and interact in ways that are difficult to predict, many institutions are struggling to keep up, let alone strive for best practice.

We’re here to help. We’ve built a market leading team that supports top tier financial institutions in managing change. We work with the most senior level people and are often asked by our clients to help them strike the right balance between meeting regulatory requirements and running a commercially successful business.

They look to us to not just provide in-depth technical expertise and knowledge, but also to help them benchmark their own approach against their competitors and the expectations of regulators. This combination of exceptional technical ability and extensive industry knowledge is what enables us to really make a positive contribution.

Risk and Capital Management -Traded Risk:

Focusing on risk and capital modelling for traded risk (market risk & counterparty credit risk) at investment banks, commercial banks and capital market firms, we assist firms in development, review of model design and implementation, extensions and remediation, regulatory waiver applications, and analysing the impact of new and upcoming regulation on regulatory capital.

Risk and Capital Management -Treasury, Liquidity & Capital Management

Working with Treasury, Finance and Liquidity Risk Management teams to help them address the following types of challenges:

  • Implementing liquidity capital reporting requirements
  • Optimisation of operating model and infrastructure
  • Process, control and data
  • Embedding risk management through governance and Funds Transfer Pricing (FTP)

Working closely with CROs, Credit Risk Management and internal audit teams, at global institutions through to smaller banks in the UK, we help to address the following challenges:

  • Credit risk regulations
  • Operating model and efficiency
  • Architecture, design and delivery

Risk and Capital Management - Structural Efficiency:

Working across all business and functional areas of banks, Structural Efficiency is a strategic response to the needs of our clients in addressing regulatory and commercial demands on their business. Key elements include:

  • Operational continuity
  • Ringfencing
  • Legal entity restructuring / entity setup
  • Booking model
  • Recovery and resolution plans

Financial Risk Measurement

Helps clients to develop, validate, execute, apply and audit risk models, combining technical insight with practical business knowledge. The team helps clients to design and implement effective credit risk modelling; risk adjusted pricing processes and stress testing methodologies.

Your career

Making the most of the training opportunities at Deloitte is important to your personal development and will enhance both your technical and soft skills. Your training may include internal courses covering a variety of subjects, such as an introduction to banking and capital management, improving presentation skills and literacy in Microsoft applications. It can also include formal credentials, such as the Chartered Financial Analyst (CFA), Financial Risk Management (FRM) or Certificate in Quantitative Finance (CQF) qualifications. Our team encourages continuous professional development, and will support you throughout the duration of your training.

Sports Business Group:

What we do

The Sports Business Group at Deloitte is an established and unique team dedicated to work in the global sports business. We deliver the highest level of client service and the best advice in financial and business disciplines across the whole geographical and sporting spectrum. We work exclusively on sports assignments, bringing unparalleled commercial, financial, regulatory, taxation and general business knowledge from major sports to service the needs of our clients.

Our clients include professional clubs, international and national governing bodies, competition organisers, sports rights agencies and investors into sport. We have worked alongside clients for over 25 years, in more than 40 countries, and in over 30 different sports. This extensive experience combine with our suite of research, publications and thought leadership has established our reputation as the authoritative voice within the sports business industry.

We work with our clients on a wide variety of their most important issues and opportunities, which are generally in five main areas:

  • Improving strategy and governance
  • Optimising revenues
  • Unlocking digital revenue
  • Making informed investment decisions
  • Ensuring financial integrity

In addition to working with clients, our spokespeople regularly provide interviews, articles and briefings, on a broad and high profile range of sports topics, to both national and international media outlets.

Your career

As an analyst in the Sports Business Group you’ll have the opportunity to work with some of the largest and most prestigious sporting organisations in the world. You’ll work alongside experienced sports business consultants, and specialists from other areas of Deloitte, across a range of projects, helping our clients address their biggest issues and seize their opportunities. Over time you’ll build your industry specific knowledge and your network within the wider sports industry, allowing you to begin to focus on a smaller number of specific market segments or service offerings. You’ll also have a key role in preparing the Annual Review of Football Finance and the Deloitte Football Money League, Deloitte’s two most read publications globally.

Strategic Regulatory & Operational Risk (SRO)

What we do

Managing risk, compliance, and establishing effective control is at the heart of good governance; it’s vital to sustaining superior business performance. We help businesses manage the risks and challenges they face every day, by designing, implementing and providing confidence and insight on their processes.

The SRO group delivers solutions in the following inter-connected areas:

Strategic and regulatory risk:

  • Strategic risk management
  • Governance
  • Sustainable business (assurance and advisory)
  • Crisis preparation
  • Live crisis response
  • Regulatory compliance – assessment, design, implementation and assurance

Recent projects in Strategic and Regulatory Risk include working with a technology industry-disruptor to review and improve their existing compliance processes. This included working with the legal department to translate complicated requirements into understandable business objectives, the development of a practical Governance Handbook, and creating a focussed approach to training the business.

We also worked with a FTSE100 organisation, helping them ensure they had effective processes in place to mitigate risks, particularly in areas such as cyber risk, digitalisation and changing regulations.

Our sustainability work covers things like responsible business, human rights, health & safety, and gender pay gap advice, as well as environmental management and sustainability.

Operational risk:

  • Internal audit delivery – outsourced and co-sourced
  • Internal audit advisory – transforming IA
  • Change risk management
  • Operational excellence/controls advisory

Recent projects include reviewing and advising improvements on the effectiveness of the Internal Audit function within a FTSE100 global Oil and Gas organisation, comparing this against leading practice and the International Standards for the Professional Practice of Internal Auditing.

We also helped a Technology, Media and Telecoms organisation design and implement a change management framework for a significant transformation programme they are running. This impacts their whole business, from back office finance systems right through to interactions with their customers.

Across the SRO business:

Running across these three key areas, we also develop and deliver Governance, Risk and Compliance (GRC) technology for our clients. Which means building an ecosystem of technology to support their governance, risk and control agenda.

And we have a dedicated team focused on regulatory horizon scanning: our Centre for Corporate Regulatory Insight. These are experts in looking ahead and developing innovative new services for clients, as well as providing insights.

We work with a broad range of clients. Key industries include health and life sciences, consumer and industrial products, telecommunications, media and technology, and energy & resources, as well as the public sector.

Your career

The opportunities here are vast. You’ll have exposure to clients from day one, working on client site and attending meetings. While the diversity of our client base, both in size and industry, means you’ll get to understand the inner workings and challenges faced by all kinds of organisations, including major global companies.

Project timescales range from a week to several months long, giving you plenty of variety, with opportunities to work with different people, including colleagues across the firm, in the UK and overseas.

Sustainability

What we do

For more than 20 years, Deloitte has provided corporate sustainability services. Beyond working with clients, our thinking has helped to define many of the frameworks and guidelines that are now well-established in global businesses. Today, we are recognised as a place where some of the world’s best Sustainability work gets done (recently rated ‘Gold’ for sustainability services by the Financial Times), and with our guidance and support, clients gain the capability and confidence to succeed in a time of unprecedented change. To help them, we’ve built an integrated, end-to-end offer that supports household names and challenger brands. Once our clients choose us, it’s common for us to work together for many years; we have some relationships that have lasted more than a decade.

From improving safety performance, to reimagining business models for a low-carbon future, our network of sustainability consultants give businesses the courage to drive real change and build competitive advantage. Organisations face a complex world of dynamic, interconnected challenges: from environmental degradation and human growth, to shifting geopolitical power and industry 4.0. We help businesses manage these issues and respond to the risks and opportunities they represent with courage and curiosity.

Our team delivers six main offerings:

  • Sustainability strategy and governance – Helping businesses stand up to stakeholder scrutiny, meet regulatory demands and increase their resilience for the long-term.
  • Sustainable finance – Working with organisations to integrate environmental, social and governance criteria into financing strategies and decision-making.
  • Sustainability assurance and reporting - Supporting businesses to understand and communicate performance on sustainability issues.
  • Climate change and decarbonisation - Helping clients to act on climate change and build resilience for the future.
  • Ethical value chain - Providing confidence to clients that their supply chains are of the highest standards in relation to labour, human rights and the environment.
  • Health, safety and environment management - Helping clients build greater confidence and optimised performance in Health, Safety and Environment (HSE) management.

Your career

As part of our team, you’ll help clients manage environmental, social and governance issues that transform how we live and work. You’ll help them focus on what matters most, so they can drive the change needed to meet society’s expectations and get ahead of their competition. Being agile, engaged, and innovative is vital if you’re to understand a diverse range of challenges and develop pioneering solutions for clients across industries.

You’ll get to work across a range of subject matter areas, from climate strategy to diversity and inclusion, spanning both assurance and advisory engagement. We often work with other Deloitte teams to offer a holistic approach to sustainability challenges. Meaning you’ll gain experience of how responsible business strategies are intertwined with end-to-end business processes – whether that’s tax, supply chains, or investment decisions. As part of our team, you will be central to delivering Deloitte’s purpose: finding solutions to some of the most pressing issues our country faces and making an impact that matters.

Technology Digital Risk (TDR)

What we do

Technology and digital transformation is at the core of business strategy, enabling organisation’s to exploit competitive advantages and keep pace with market disruptors. As dependency on technology increases so does technology and digital risk, unless it is adequately managed. In Technology and Digital Risk (TDR) we help organisations to manage this risk, allowing them to make intelligent risk-based decisions over business processes, technology and digital operations.

The type of work we do includes:

    TDR Assurance:

  • IT Internal Audit: As subject matter advisors or as part of the outsourced / co-sourced Internal Audit function, we help organisations evaluate and address risks related to information technology including applications, systems, networks and infrastructure.
  • Third Party Assurance: We help organisations with addressing regulator and marketplace demand to manage third-party risk through our third-party readiness and attestation services.
  • IT External Audit: We help organisations by delivering risk and control services related to IT, entity level, and business process controls.
  • Analytics: We help organisations with exploring data to discover and analyse patterns, identify anomalies, profile, and reveal relationships from large sets of client data.
  • TDR Advisory

  • Digital Risk: We help organisations take advantage of the benefits of innovative new technology, support their digital transformation and better manage their legacy technology through risk intelligent solutions, advisory and managed services.
  • Program/Project Review: We help organisations review their technology project and program portfolio and provide senior stakeholders with an accurate, independent view on program status and health.
  • Governance, Risk and Compliance: We help organisations assess, design and implement GRC systems for a broad range of risk areas including IT Risk, resilience, compliance, operational risk, third party risk management and Enterprise Risk Management.

We work with a broad range of clients, both private and public sector. From leading global financial services firms to the largest multi-national corporate businesses such as telecoms providers, major manufacturers, retailers and energy providers across the FTSE100.

TDR Analytics

  • We help organisations analyse vast amounts of data to measure key performance and risk indicators, identify patterns and anomalies and reveal insight about their business processes.
  • We work closely with external, internal audit and client teams to deploy sophisticated analytics solutions to address specific operational and financial risks.
  • We offer our clients specialist assurance experience and relevant subject matter expertise to help gain value from their sizeable data assets.
  • We add value through our ability to offer industry and peer group insights, and support broader challenges of the business.

Your career

You’ll be joining a fast-growing and high-performing team of specialists at the cutting-edge of the technology and digital revolution. The diversity of our client base, both in size and industry type means that you’ll get unprecedented exposure to the inner workings and challenges faced by all kinds of organisations including major global companies.

You’ll become a technology and digital risk specialist and get the opportunity to develop your technical knowledge, as well as softer skills, to become a true ‘leader’. You don’t need to be a technology expert to join our team, but a passion for learning more about this area is key. We’re extremely proud of the diverse backgrounds of the individuals who make up our team.

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