What is the difference between Transaction Diligence for UK&I vs FS? Do the hours and culture differ in these areas?

Hi,

Thanks for your question! I'm in UK&I, the culture in TD is that, because we work in a deals environment, we don't work to a rigid set of hours every day, its quite variable and you can't always finish at the same time as every deal is different. Some projects may have tight deadlines and require you to work longer hours, whereas some might be less so. Also, towards the end of a project you typically work a bit longer to get a report out in time for a deadline. Then again, you'll have periods where you're between projects, or waiting for data or a client response for example, and at these times you can finish much earlier. I'd say on average I probably work to about 6.30.

As I work in UK&I, I can't say for sure what FS is like, but my best guess would be that the culture is fairly similar as the only difference between UK&I and FS is the clients you work with (FS being financial services specifically). Most teams across EY share a more general "EY culture" if you like - I've worked in multiple teams based in different offices, and with other service lines, and from my experience the culture seems to be broadly the same. As for working hours, again I can't say for sure, but really as the only difference is the client base, I'd assume again they would be similar to mine. However there may be differences between the TD process in FS vs UK&I that I am not aware of.

Sorry if this answer is a bit wishy-washy! There may be some FS TD insiders on the platform or some FS insiders with knowledge of the TD team there that could potentially give some insight from their side? Regardless, if you have any other questions for me feel free to reply below and I'll get back to you as soon as I can :)

Alex

Thank you! :) The website mentions that 'Once you join, your time will be split between deal analytics projects, and practice development and core transaction diligence projects to ensure a broad range of experience'. Does this just apply to the UKI Deal Analytics (Transaction Diligence) or does this also apply to the Transaction Diligence (Core) area?

Also, how is your time divided between deal analytics projects, practice development, and core transaction diligence projects ? (e.g., do you spend 50% of your time on core TD and the other 50% on deal analytics?) Also, what is meant by practice development?

No problem! I've just answered the second part of your question in this discussion here: https://ey-uk.career-inspiration.com/discussion/165659/how-is-your-time-within-your-team-split-between-working-on-td-projects-deal-analytics-and-practice-development

With respect to your first question, I've just had a read of the website now and I think what its trying to say is that of the projects we do, some will be analytics projects and some will be your more traditional TD projects. These core TD projects are your buyside, sellside due diligence etc. We do use analytics tools to produce these sometimes, but we also do have dedicated analytics offerings, such as producing data dashboards. So in all, you'll be doing analytics projects and core TD projects, but they all come under the umbrella of what we do in TD.

Hope this clears it up somewhat :)

Hi, yes it does. Thank you!