Financial Audit IT Integration (FAIT)

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Assurance plays a vital role in restoring and maintaining public confidence in the world’s capital markets by providing an independent and reliable voice.

EY is one of the most trusted, respected and influential organisations in the industry. As an assurance professional here you’ll have access to world-class training and all the latest information. Your work will follow a consistent, globally recognised methodology, and you’ll use leading edge support tools. Our Assurance practice is built around our core audit delivery but also encompasses a wide range of assurance services of which Financial Audit IT Integration (FAIT) is one.

IT applications play a key role in the processing of financial data; using our IT controls based approach we work closely with our client and the financial audit team to provide assurance around the integrity of financial data. Working in FAIT you will gain a broad understanding of clients’ IT environments from automated transaction processing to user access management. You will be responsible for identification of key risks and weaknesses and be able to advise clients on areas of improvement.

Within the context of information technology risk our clients use their IT and data to gain competitive advantage, customer intimacy and operational excellence. Today IT and data management are such an integral part of our clients' operations that even the smallest mistake or security breach can have a substantial impact both on their reputation and the integrity of their financial accounts, subsequently impacting business performance. Within FAIT, in addition to supporting the core audit practice, we also work with our clients on their broader IT risk agenda, providing them with the confidence and information to make decisions critical to the success of their business.

What will I be doing?

EY will take you further, faster so you’ll be making a difference to our clients' businesses right from the start. 

From day one you will play an integral role within FAIT engagements, working directly with clients. You may be auditing major global organisations across various sectors, helping them to gain confidence over the quality of their data and IT security controls to support an effective financial audit.

You will quickly develop a strong working knowledge of EY’s audit methodology, and working as part of a wider team you will be responsible for a variety of challenging tasks. These  include taking ownership for testing and reviewing the effectiveness of key IT controls, reviewing business processes, assessing large scale business change projects and performing data analysis over critical financial information.  You will also be responsible for helping communicate the impact of your results and recommendations for improvement directly with clients.

Working on a variety of UK and multi-national IT audit engagements, you'll begin to lead more coaching others by your second year while developing your client relationship skills – in some cases, already owning client relationships as well as building up your exceptional project management and teaming skills. You will also have exposure to working with EY personnel and clients around the world.

We’re looking ahead and we believe the work and training you do in your first few years lays the groundwork for a fast-moving, high-potential career with us. During this time we will help you develop your technical and personal competencies to achieve to the best of your ability.

What training and development will I receive in my first few years?

You receive formal and on-the-job training relevant to your personal and career development, starting with a 4 week induction programme alongside your UK-wide FAIT peer group. You'll also receive the encouragement, financial support and approved time off to study for an industry-recognised certification (including:  Associate of the Institute of Chartered Accountants (ACA); and Certified Information Systems Auditor (CISA).

We’ll provide you with the technical training to arm you with the skills needed to support our clients, and continually up-skill you on hot topics in the ever-changing IT risk market.

What opportunities will the UKI FAIT graduate programme open up?

The breadth and challenge of our graduate scheme offers you the chance to be promoted to Senior Consultant after just 2 to 3 years.

Successful individuals in FAIT are people who are inquisitive, analytical, ambitious, and great at working with others, as well as people who demonstrate the potential to become a future business leader.  

The environment we work in and the needs of our clients are changing fast, creating lots of different opportunities to get involved in a range of assignments and make a difference.  As your career progresses, so will your rewards. You will gain exposure to our other competency areas, and you may choose to specialise in one or more of them alongside your work with FAIT.  These include: Internal Audit and Controls; Financial Audit; Analytics; Risk Technology; Information Security and Programme Risk Management.

We are also a key part of the EY Global network and international travel opportunities are common in our team. We hear loud and clear that the global nature of EY is attractive to graduates, and in FAIT we have a great opportunity to create meaningful career and personal experiences for you as part of our global reach.

Entry requirements:

  • Grade B or above for GCSE Mathematics and English Language (or equivalent);
  • At least 320 (26) UCAS points (or equivalent), excluding General Studies or re-sits;
  • A 2.1 or above degree in any discipline.

Please note: in exceptional circumstances we will accept applications from candidates who do not meet our academic requirements. If this is your case, you will need to provide strong justification for why we should consider your application. You will also need to provide documentary evidence of any mitigating circumstances.

The above entry requirements are not applicable for our Schools Programmes.


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