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Risk Function Transformation, Banking - Manager

Date: Aug 31, 2021

Location: London, United Kingdom

Company: KPMG UK

Key services and capabilities within our team are split into two sections; one focusing primarily on transformation and change methodology and the other focusing on key operational and regulatory priorities for our clients:

Transformational Leadership:
- Project, Programme & Portfolio Management
- Enterprise Modelling
- Agile Project Management Office (PMO)
- Design Integrity
- Assurance

Operational/ Regulatory Driven Transformation Priorities:
- Operational Resilience
- Financial Crime
- Digital Operations
- Customer and Regulatory Remediation
- Structural Transformation
- Cost Optimisation
- Process Excellence
- Risk Transformation

In order to support the growth of our capabilities within the Banking Operations team, we need Managers who can make a significant contribution by combining an understanding of the banking industry with transformation, optimisation and programme assurance capabilities.

This role will primarily be supporting our Risk Transformation proposition, where we use our knowledge of operating model design, process realignment and the regulatory environment to develop solutions to client problems found specifically within the risk.

Successful candidates will operate as integral parts of the Banking Operations team to deliver the following:
— Managing workstreams or entire engagements through all key stages of a transformation project, from assessment to implementation
— Working with other parts of KPMG, including our Risk, and Technology Enablement teams, to design and deliver insightful reports, assets and holistic solutions
— Facilitating client workshops to scope and design transformational solutions and work through challenges with client stakeholders
— Building and managing client relationships on projects and supporting KPMG’s commercial position
— Developing and improving KPMG assets, methodologies and tools to deliver consistent, world class operational excellence capability
— Identifying, managing and mitigating programme/project risks and issues throughout the delivery lifecycle
— Actively supporting development of KPMG’s Risk Transformation capability and playing an active role in building the community

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 Risk Transformation 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 work often carried out on client site rather than KPMG offices.
The role will entail continuous and direct client engagement, typically with senior client programme team members working in the Chief Risk Office function as well as the Chief Risk Officer. This will often be part of a wider KPMG team operating on client engagements. Our projects are normally carried out on client site rather than KPMG offices and, while many are based in London, they can also be in other parts of the UK.

Impact, Risk, Accountability & Governance:
Our Managers will operate in the Regulatory Driven Transformation connected pillar within Management Consulting, specifically aligned to the Banking Operations service line.

Experience
Essential
— Managerial roles on regulatory driven transformation or risk engagements with a proven track record of successfully leading client projects across the delivery lifecycle.
— High level understanding of the Risk function, three lines of defence and Risk Management frameworks
— Transformation Leadership and/or Digital Operations capabilities (as listed above).
— Work in or with the Financial Services industry, predominantly in Banking (Business, Commercial, Investment or Retail)
— Leading client workshops to resolve client issues, design an optimised process/control and develop an implementation plan

Operational change is at the heart of what the Transformation Services team does. Our Risk Transformation colleagues combine that operational change and transformation capability with a working knowledge of risk management and the risk function. Such knowledge is a requirement of the role but deep technical risk capability is not necessarily a pre-requisite for a successful application. Any successful candidates will be given coaching and training to enhance and develop their knowledge of risk.

Desirable
— Strong understanding of the Risk Function within Banking, with experience in developing frameworks and operating models.
— Strong understanding Risk, Risk Management frameworks and the three lines of defence.
— Working understanding of the role of the regulator (PRA & FCA)
— Experience in Risk Function or Compliance transformation.
— Previous consulting experience, ideally in a Big 4 or other management consulting practice.

Expertise / Technical role requirements
— Strong understanding of Risk, primarily the Banking industry, including its business processes and underlying technologies, and the ability to identify and articulate resultant client opportunities and challenges
— Strong understanding of the key drivers shaping the future of the Banking industry, including regulation and new business models, and resultant opportunities for KPMG

Skills:
— Positive leadership qualities and style that empowers and motivates high performing teams
— Problem-solving and solution design for user/business needs
— Working in multidisciplinary teams in a co-creation environment with clients and KPMG colleagues
— Expertise in core consulting methodologies such as Lean or other process mapping capabilities, business case development, operating model design, strategy development and requirements gathering
— Ability to identify and exploit commercial sales opportunities and support colleagues in defining solutions in response
— Self-starter and strong team player
— Excellent written and oral presentation skills with an inspirational and collaborate style
— Experience with leading client workshops to resolve client issues/challenges, design an optimised process/control and develop an implementation plan.
— Be an active expert within our Banking capability team – supporting the leaders within the firm to shape and deliver our growth strategy.


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