Senior Consultant, Digital Assets, Capital Markets, FS Risk Consulting

Digital assets in the UK are entering a more practical phase, moving beyond pilots towards real products, operating models and market infrastructure. That shift is creating important strategic choices for financial institutions across banking, markets, payments, wealth and asset management. It's creating phenomenal market momentum and transformation potential.

Within EY's Financial Services Risk Consulting team, we're looking to expand our team to help clients navigate this transition and turn momentum into tangible outcomes. You will contribute to the delivery of high profile and complex risk engagements across a wide range of financial services clients.

We are seeking a high-performing Senior Consultant to join our financial crime and regulatory consulting business with strong digital assets exposure. This role will support clients in navigating the evolving digital asset landscape, helping them design and implement robust risk and control frameworks across emerging products and services.

You will work at the intersection of innovation and risk, advising clients on governance, regulatory compliance, and operational resilience across digital asset ecosystems.

Your contribution will play a significant part in helping our clients deliver successful results covering a range of risk projects.

• Support banks, investment firms or digital asset firms on their FCA licence applications for regulated crypto asset activities - this could be in the form of MLR registration and / or FSMA authorisations.
• Support on the end‑to‑end licensing process, including help drafting regulatory business plans, policies and procedures and supporting the licence application pack.
• Help design and implement target operating models and develop governance, risk and compliance frameworks for digital asset firms.
• Conduct operational readiness assessments.
• Understand and define the credit risk, market risk, operational risk, capital, liquidity and funding risks requirements for firms undertaking crypto asset activities whether that is a traditional bank or a digital native firm.
• Help develop risk and control enterprise‑wide risk management frameworks for digital assets whether that is for a traditional bank or a digital native firm.
• Collaborate with cross‑functional teams (technology, regulatory, compliance) to deliver holistic client solutions.

You will bring a passion for delivering an exceptional client service experience. You have a collaborative mind‑set. You will be outcome focused, but also intellectually curious with a creative approach to problem solving. You have excellent written, listening and verbal communication skills and a track record of building and maintaining relationships with stakeholders. You bring strong analytical skills and are confident in tackling new topics.

To qualify for the role you must have

• Experience of working with banks, investment firms or digital asset firms on their FCA licence applications for regulated crypto asset activities.
• Understanding of credit risk, market risk, operational risk, capital, liquidity and funding risks requirements for firms undertaking crypto asset activities.
• Experience in Capital Markets, Payments, Wealth/Asset Management, or Banking.
• Experience in Digital Asset products / services, e.g. tokenised deposits / tokenised assets, collateral and margining, stablecoin payments, digital asset trading, custody of digital assets.
• Ability to work independently with clients, manage project work streams, and deliver quality outcomes.

• Experience on end‑to‑end licensing process.
• Experience in digital assets in one or more of the following sectors: retail and investment banking, investment firms, fintechs, payments and crypto asset firms.
• Prior consulting experience in risk, compliance, or digital transformation.
• Exposure to digital asset platforms, exchanges, custodians, fintechs or other crypto asset firms.
• Strong stakeholder management and communication skills.
• A constructive and action‑oriented approach.
• A self‑starting attitude with the ability to think and act quickly.
• Experience of operating in…