Andrew Lomax, Ireland
What work do you get involved in on a day to day basis?
Whilst each project you work on in Advisory is different, the underlying theme is solving a client’s most difficult problems. The projects that I’ve been involved in have been very varied, but particular highlights were re-designing a global insurer’s EMEA actuarial finance operating model, performing a regulatory impact assessment for the global asset management operations of a large US bank and integrating an acquired business in the fund servicing industry. On a day to day basis, I’d act as a key point of contact between the project team I work on and a client’s business and IT functions. Setting up and running workshops, presenting to management at Steering Committees and coaching more junior staff are all part of my role. Internally I have responsibility for our graduate program and I also act as career counsellor to two other staff members.
How has EY played a role in your long-term career goals?
I started my career as a graduate in our audit practice in the UK, specialising in the Insurance industry and gaining an accounting qualification. During this time I had the opportunity to work on a number of major clients, experienced working on a couple of acquisitions and gained promotion to manager. I subsequently moved to Dublin where I spent a year auditing both insurance and hedge fund clients, before moving into our Advisory practice. The broad experiences I’ve gained at EY have given me the ability to really understand how a client’s business operates whilst gaining skills that I can use in a variety of circumstances.
Since joining us, what has been your biggest achievement to date?
Qualification as an accountant, promotion to manager and moving from London to Dublin were all major milestones for me, but the achievement that I’m most proud of is slightly less tangible. When I moved from Assurance into our Advisory practice there was a significant challenge to overcome in respect of learning how to actually do the job. The skills and experiences gained in Assurance stood me in good stead and I was able to quickly become comfortable and flourish in my new role. As part of a growing practice, I have also been able to bring learnings from other parts of the firm, in particular around graduate recruitment. Showing this adaptability is my biggest achievement at EY.
How are you building a better working world at EY?
Clients turn to EY when they have a problem that is keeping them up at night, whether it’s a new piece of regulation, the implementation of a new growth strategy, the acquisition of another business, the list can be endless. I believe that EY is building a better working world for these clients by acting as a trusted advisor, listening to their issue and helping them through the challenges they face.
What do you enjoy most about working in Financial Services?
The specialised nature of Financial Services companies means that their problems are often the most complex. This almost always results in the deployment of a multi-disciplinary EY team to define a solution, bringing all of its experience to bear.
I enjoy the engagement with such a diverse team - I’ve worked with EY staff who specialise in IT, Valuations and Regulation and from locations across the globe such as the US, Brazil, Hong Kong and India to name but a few.
What advice would you give to anyone applying to EY?
Be very clear about why you want the role you’re applying for, and specifically why EY.
Do your research, speak to someone in a similar role and understand the specifics of the job. With information at your fingertips on your smartphone there’s no good reason not to know about EY’s Vision2020, what industries we work in or what thought leadership we’ve produced.