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Operational Risk - Manager

Date: Sep 16, 2021

Location: Leeds, United Kingdom

Company: KPMG UK

The Role

Summary of Role Purpose:

To support the growth of our capabilities within the Regulatory team, we are currently looking to recruit an Assistant Manager who can make a significant contribution by combining an understanding of operational risk with regulatory capabilities from design and implementation of effective and efficient operational risk management, simplification and optimisation of operational risk management transformation, within Banking.

Description of the role:
— Advising and delivering operational risk client engagements from EWRMF design and implementation (e.g. risk appetite, policies, RCSAs, governance, MI) to simplification and optimisation (through technology enablement) of operational risk management
— Providing subject matter expertise on Operational Risk and how this impacts the client.
— Advising regulated clients within the financial services sector on the impact of the changing regulatory environment (specifically non-financial risks) and their response to these changes
— Managing the end to end delivery of client engagements or specific workstreams, including responsibility for planning and risk management.
— Building and managing client relationships on projects and supporting KPMG’s commercial position.
— Facilitating client workshops to scope and design transformational solutions and work through challenges with client stakeholders.
— Developing and improving KPMG assets, methodologies, and tools to deliver consistent, world class operational risk capability.
— Providing subject matter expertise on regulations and how this impacts the client.
— Supporting senior leaders with sales and proposition development activity across the financial services sector.
— Developing and maintaining strong relationships with KPMG colleagues and building an internal network.
— Mentoring, coaching and development of colleagues.
— Keeping up to date with industry specific issues and circumstances and the impact of financial services regulation.

Role dimensions

Leadership & Management:
Managers can expect to be responsible for their own workstreams and projects, with end to end delivery responsibility including planning and risk management.
Leadership responsibilities include team management on client engagement and internal performance management.
They will also be expected to play a significant role in the development and maintenance of the Regulatory Operational Risk Function capability and community within the practice.

Stakeholder Interaction & challenges:
Our Managers will interact with the broader team on a regular basis. There will be continuous and direct client engagement with senior client programme team members working in Risk and Compliance functions and the business. This will often be part of a wider KPMG team operating on client engagements.
KPMG has adopted the hybrid model in terms of ways of working and therefore flexibility will be required between working from client and KPMG offices as well as working from home.

Impact, Risk, Accountability & Governance:
Our Managers will operate in the Operational Risk connected pillar within Risk Consulting, specifically aligned to the service line.

The Person

— Managerial roles on regulatory and operational risk engagements with a proven track record of successfully leading client projects across the delivery lifecycle.
— Wide range of experience in supporting a regulated entity to manage regulatory and operational risk.
— The design of an Operational Risk Framework within a regulated entity.
— Working in or with a Risk and Compliance function and/or the business in the financial services sector on operational risk
— The business processes and underlying technologies within the financial service’s sector used to manage operational risks.
— Leading client workshops to resolve client issues, design an optimised process/control and develop an implementation plan.

— Minimum of five or more years’ experience in operational risk management.
— Knowledge of technology solutions that can be utilised to enhance and improve the management of operational risks.
— Previous consulting experience, ideally in a Big 4 or other management consulting practice.

Expertise / Technical role requirements
— Strong understanding of the financial service’s regulatory environment, specifically in relation to operational risk.
— Detailed knowledge of the role of risk and compliance functions of a regulated entity, and the three lines of defence model.
— Detailed knowledge of the frameworks required in the financial service’s sector to manage operational risk.
— Strong understanding of the key drivers shaping the future of the financial services industry, including regulation and new business models, and resultant opportunities for KPMG.

— Professional qualification preferred, with strong knowledge of regulatory rules and guidance but crucially, practical application within the financial services industry.
— Positive leadership qualities and style that empowers and motivates high performing teams.
— Ability to identify and exploit commercial sales opportunities and support colleagues in defining solutions in response.
— Self-starter and strong team player.
— Planning and project management skills.
— Problem-solving and solution design for user/business needs
— Working in multidisciplinary teams in a co-creation environment with clients and KPMG colleagues.
— The ability to be flexible and work across a number of sectors within the financial services industry
— Robust and comprehensive report writing skills.
— Excellent written and oral presentation skills with an inspirational and collaborate style.

Role location is flexible in the North or South of England

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