📋 Job Details at a Glance 📍 Location Hyderabad, India 🏢 Company EY 👥 Experience 2-3 years 🎓 Qualification 2–3 years. Relevant technical / engineering background 📅 Eligible Batch 2022, 2023, 2024, 2025 📄 Job Type Full Time 💰 Salary Not Disclosed 🏢 Industry Banking & Finance 🛠 Key Skills transaction monitoring fraud alerts review risk indicators suspicious activity patterns risk and controls processes process analysis control assessment Project Consultant - Business Consulting Risk at EY — Full Details & How to Apply EY is seeking a Project Consultant - Business Consulting Risk in Hyderabad, India to engage with transaction monitoring and fraud alerts review in real-time risk detection processes. This role offers freshers direct exposure to risk and controls workflows in banking services through hands-on analysis of suspicious activity patterns and risk indicators . This Project Consultant - Business Consulting Risk role is essential for evaluating risk and controls processes within financial institutions. The position involves reviewing fraud alerts, identifying suspicious activity patterns , and analyzing risk indicators using established methodologies. These activities support compliance and operational integrity in banking environments, ensuring that transaction monitoring systems function effectively under regulatory scrutiny. EY recruitment for this role emphasizes technical expertise in risk and controls processes . The job posting specifies that candidates must have a 2–3 years relevant technical or engineering background. The role is part of EY’s Business Consulting Risk team, which focuses on process analysis and control assessment within financial services. This reflects EY’s commitment to delivering structured, compliance-driven solutions in banking operations. 2022, 2023, 2024, 2025 graduates with a 2–3 years. Relevant technical / engineering background and 2-3 years experience are eligible. The role is available in Hyderabad, India with onsite work mode. Salary is not disclosed. Candidates will gain practical experience in transaction monitoring , fraud alerts review , risk indicators , suspicious activity patterns , risk and controls processes , and process analysis . This foundation supports progression into advanced risk advisory roles and strengthens technical credibility in financial services. The role provides access to advanced tools and methodologies used in real-world banking risk environments. 📊 Role Difficulty: Medium | Competition Level: Medium | Fresher Friendly: Yes NexisGrow.com features this opportunity as part of its curated non-tech job listings. All details are sourced from the official job posting. Apply online before the opportunity closes. Project Consultant - Business Consulting Risk jobs in Hyderabad, India jobs are available through EY recruitment . Apply online to access this onsite role with a focus on risk and controls in banking. Job Role & Responsibilities The Project Consultant - Business Consulting Risk at EY is tasked with evaluating financial transaction data to detect suspicious activity patterns and validate fraud alerts using structured analytical workflows. This role ensures compliance with risk and controls processes in banking environments through data-driven assessments and process optimization. Analyze transaction monitoring data using SIEM tools or IBM Security Guardium to detect anomalies and flag suspicious activity patterns in real-time financial flows. Review fraud alerts from risk indicators databases to assess transactional deviations and generate actionable recommendations for compliance teams. Conduct process analysis of existing risk workflows using Power BI or Tableau to identify bottlenecks and visualize control flow inefficiencies. Perform control assessment of internal risk procedures by evaluating audit logs and comparing them against SOX compliance standards and ISO 27001 frameworks. Document risk indicators and their correlation with transactional events in structured reports using Microsoft Word or Confluence templates for stakeholder review. Measure effectiveness of risk controls through KPIs such as false positive rate, alert resolution time, and compliance gap metrics to validate process performance. Collaborate with compliance and IT teams to refine risk and controls processes using incident reporting tools like ServiceNow or Zendesk for audit trail validation. Present process analysis findings to stakeholders via PowerPoint decks with embedded data visualizations to support decision-making in risk management. This role demands direct ownership of risk assessment workflows, where every control assessment and suspicious activity pattern analysis directly impacts compliance outcomes and client risk exposure in banking operations. Required Skills & Technical Competencies The role requires a strong technical foundation in financial risk analysis, with proficiency in transaction monitoring , fraud alerts review , and control assessment using industry-standard tools and frameworks. Technical Skills Transaction Monitoring — intermediate — used to evaluate financial flows using IBM Security QRadar or Varonis to detect deviations from baseline behavior. Fraud Alerts Review — intermediate — applied to assess risk indicators in real-time alerts from Rule Engine systems such as Apex or Palantir . Risk Indicators Analysis — intermediate — performed daily to evaluate transactional anomalies using risk scoring models and threshold-based triggers in monitoring platforms. Process Analysis — intermediate — executed using Power BI or Tableau to map workflow steps and visualize control flow in risk assessment processes. Control Assessment — intermediate — conducted through scenario-based testing of internal controls using SOX compliance checklists and audit trail logs from Oracle Financials . When preparing your resume, emphasize hands-on experience with transaction monitoring tools , control assessment frameworks , and data visualization platforms used in actual risk workflows. Eligibility Criteria This role is designed for recent graduates with a technical or engineering background who have completed a degree in computer science , information technology , or electrical engineering and have exposure to data analysis or risk systems. Must hold a degree in a technical or engineering stream such as Computer Science , Electrical Engineering , or Information Technology . Eligible batches are 2022 , 2023 , 2024 , and 2025 only. Minimum of 2 years of relevant experience, including internships or academic projects in risk analysis or data monitoring. CGPA is not specified, but a strong foundation in analytical thinking is required for process analysis and control assessment tasks. Must have a portfolio or GitHub repository showcasing projects involving transaction monitoring , fraud detection , or control flow diagrams . Projects must demonstrate practical application of risk indicators or suspicious activity pattern detection using real datasets or simulation tools. Documentation & Portfolio Requirements Your resume must include a clear section on technical projects, listing tools used (e.g., Power BI , Python , SQL ), datasets, and outcomes such as anomaly detection or control gap identification . For this role, prioritize projects that show direct application of transaction monitoring or fraud alerts review using real-world financial data and risk indicators — avoid generic project titles or abstract descriptions. Salary for Project Consultant - Business Consulting Risk at EY 💰 Compensation Not Disclosed The advertised compensation for the Project Consultant - Business Consulting Risk role at EY is Not Disclosed . The exact in-hand figure and any additional components are confirmed by the company during the offer or HR discussion stage. Recommended Courses & Preparation Tips for Project Consultant - Business Consulting Risk Upskilling with the right resources significantly enhances your chances of selection for this specific role by aligning your skills with industry expectations. Recommended Courses & Resources MS Office — Proficiency in MS Office is essential for data analysis and reporting tasks. Communication Skills — Strong communication is crucial for client engagement and presenting findings effectively. Boost your profile with relevant certifications at NexisGrow GetCertified — strengthen your application before you apply. Common Mistakes to Avoid ❌ Failing to tailor the resume — Highlight relevant skills and experiences specific to risk consulting. ❌ Neglecting analytical projects — Showcase internships or projects demonstrating practical application of skills. ❌ Using generic language — Utilize specific terms related to transaction monitoring and fraud analysis. ❌ Overlooking documentation skills — Emphasize clear documentation and reporting abilities in your application. ❌ Not preparing for client scenarios — Practice potential client-facing situations during interviews. ❌ Submitting unproofread applications — Ensure clarity and professionalism in your submissions. Before You Apply — Checklist ✅ Research EY's values and mission to align your application with their culture. ✅ Update your resume to reflect relevant skills and experiences tailored to the job description. ✅ Prepare a cover letter that highlights your interest in risk consulting and specific contributions you can make. ✅ Gather any supporting documents, such as transcripts or certificates, that may enhance your application. ✅ Ensure your LinkedIn profile is up-to-date and reflects your professional achievements. ✅ Practice common interview questions related to risk management and consulting. ✅ Set reminders for application deadlines to ensure timely submission. ✅ Follow up on your application status after submission to express continued interest. Resume Tailoring & ATS Keywords for Project Consultant - Business Consulting Risk Optimizing your resume for ATS is crucial for ensuring it passes initial screenings and reaches hiring managers. ATS Keywords to Include transaction monitoring fraud alerts review risk indicators suspicious activity patterns risk and controls processes process analysis control assessment business consulting financial services analytical skills compliance client engagement Resume Tips for This Role Highlight relevant technical skills, particularly in transaction monitoring and risk analysis. Emphasize any experience with financial services or consulting projects to align with EY's focus. Include a project or portfolio that demonstrates your analytical capabilities and problem-solving skills. Optimize your resume for ATS by incorporating keywords from the job description. Avoid including unrelated work experience that does not showcase your fit for the role. Build an ATS-optimized resume for this role using NexisGrow Resume Builder — free for all job seekers. Pro Tip: Avoid including generic job descriptions; focus on specific achievements and skills relevant to the role. How to Apply for Project Consultant - Business Consulting Risk at EY Apply Now — EY Visit the EY careers portal and locate the Project Consultant position. Upload your resume, ensuring it highlights relevant skills and experiences. Fill out the application form accurately, providing all required information. After submission, expect a confirmation email regarding your application status. Use the application tracking feature on the portal to monitor your application progress. Applications reviewed on rolling basis — early submission recommended. Apply Now — EY NexisGrow.com does not charge any fees for job applications. EY EY is a global professional services firm in the Banking & Finance industry. This role is onsite in Hyderabad, India, where professionals work directly with teams and clients in a hands-on environment. The team analyzes fraud alerts, reviews transaction monitoring data, and evaluates risk indicators and suspicious activity patterns . They assess risk and controls processes and conduct process analysis to ensure compliance with regulatory standards. This role supports EY’s focus on business consulting risk, where professionals contribute to real-world financial services projects. It offers freshers early exposure to transaction monitoring , fraud detection, and risk controls in a high-impact financial services environment. Company Details Industry Banking & Finance Location Hyderabad, India Connect With Us Careers Apply Now Website 🔗 careers.ey.com Frequently Asked Questions Interview · Role · Salary · Growth ? Who can apply for Project Consultant at EY? Eligibility Tap to expand + Answer Candidates with a technical or engineering degree from the 2022, 2023, 2024, or 2025 batches. ? What technical skills are most important for this role? Skills Tap to expand + Answer Key skills include transaction monitoring, fraud alerts review, and risk indicators analysis. ? What is the expected salary for this position? Salary Tap to expand + Answer Salary information is not disclosed, but competitive for the industry and location. ? What should I expect after applying for Project Consultant at EY? Hiring Process Tap to expand + Answer The process typically includes application review, screening, and an interview. ? How should I prepare for the Project Consultant interview at EY? Preparation Tap to expand + Answer Focus on understanding risk management concepts, prepare for case studies, and review your relevant experiences. ? Is this role work from home, hybrid, or onsite? Work Mode Tap to expand + Answer This role is onsite in Hyderabad. ? What is the career growth after joining EY as Project Consultant? Growth Tap to expand + Answer Exposure to high-impact projects and potential for internal mobility within the firm. ? What should I highlight in my resume for this role? Resume Tap to expand + Answer Emphasize technical skills, relevant projects, and analytical capabilities. ? Is there a last date to apply for this role? Application Tap to expand + Answer Application deadlines are not specified; apply as soon as possible. ? Is there a probation period at EY? Probation Tap to expand + Answer Probation details are not specified in the job description. ? What is the work culture like at EY? Culture Tap to expand + Answer The role is onsite, promoting collaboration and direct engagement with teams. ? Can freshers apply for this role at EY? Fresher Tap to expand + Answer Yes, freshers with the required qualifications are encouraged to apply. 🔗 Explore More on NexisGrow More jobs in Hyderabad Browse all Non-Tech jobs More jobs at EY Work From Home jobs Ready to Apply? Don't Miss This Opportunity! Apply only via the official link. NexisGrow.com charges zero application fees. 👉 Apply Now — Official Link NexisGrow.com does not charge any application or registration fees. Beware of fraudulent offers. Naukri ki baat, NexisGrow ke saath • NexisGrow.com