Cormac Murphy is the Partner responsible for leading EY’s Financial Services Risk Advisory practice in Ireland. Prior to joining EY he led the Andersen Financial Services Audit and Assurance practice in Dublin. Since the establishment of the Irish International Financial Services Centre, Cormac has been providing advisory services to a wide range of multinational financial services institutions across banking, leasing and asset administration.
He currently leads a team of senior professionals in EY dedicated to advising domestic and international financial services organisations on issues of policy, procedure, implementation and technology around governance, credit, market, operational and regulatory and technology risks. Cormac’s team acts as advisors, internal auditors and SAS 70 providers to a range of leading financial institutions.
From late 2008, Cormac worked on secondment with the Irish Central Bank in the establishment of a special unit to supervise and monitor credit institutions whose liabilities were guaranteed by the Irish Government. Since then, Cormac has led major projects for CBI around prudential, consumer and enforcement issues, and advises major institutions on matters of a regulatory nature.
Cormac is a regular contributor to industry publications including Finance Magazine. He is a qualified Member of the UK Association of Corporate Treasurers and holds a Post Graduate diploma in Professional Accounting and B. Comm from UCD.