Senior Consultant, Non-Financial Risk

KPMG

$73K — $118K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in financial services (risk, operations, compliance, internal audit, etc.)
  • Bachelor's or Master's degree in Business, Finance, Commerce, or Economics.
  • CRM, CIA, CRMA, CISA designation is a plus.
  • Experience with Canadian and US operational risk and compliance regulations (e.g., OSFI guidelines).
  • Understanding of risk data, data integration, management and governance in Financial Services.

Responsibilities

  • Engage clients on operational resilience and regulatory compliance.
  • Conduct gap assessments and implement best practices for risk management.
  • Analyze clients' risk frameworks for operational effectiveness.
  • Guide clients in optimizing governance and risk management frameworks.
  • Streamline clients' reporting processes and data management.
  • Assess clients' key risk indicators and metrics aligned with risk appetites.
  • Review governance policies and suggest improvements against industry standards.

Benefits

  • Comprehensive Total Rewards program
  • Support for professional development and training
  • Dynamic environment with opportunities for growth
  • Strong emphasis on teamwork and collaboration
  • Access to innovative tools and methodologies for service improvement.
Full Job Description
Overview

We are looking for a Senior Consultant with financial services industry experience or advisory background in operational risk management. You will play a crucial role in helping financial institutions effectively manage their risks, including but not limited to regulatory risk, governance risk, operational risk and resilience, third party risk management and compliance. You will work closely with clients to understand their unique needs and problem statements and provide guidance to address these from both short-term and strategic perspectives. Your expertise will be instrumental in shaping our clients' risk management strategies and ensuring compliance with regulatory requirements.

What you will do

  • Client engagements focusing on operational resilience, regulatory compliance, corporate governance and third party risk management.
  • Provide clients with gap assessments as well as design and implementation of processes to ensure adherence to industry best practices and regulatory guidelines (E.g. OSFI E-21, OSFI E-13, OSFI B-10 etc.)
  • Perform assessment and analysis of client's frameworks such as, enterprise, regulatory compliance, corporate governance and operational risk design and the operating effectiveness of that design.
  • Provide guidance to clients on optimizing frameworks, programs, mandates, or operating models.
  • Provide guidance to clients on streamlining their internal and external reporting processes including workflows, roles and responsibilities, and data sourcing and processing.
  • Perform assessment of a client's KRIs, KPIs, and management metrics in alignment with established risk appetites and tolerances.
  • Assess adequacy of governance in place for various non-financial risks including a review of policies and procedures, committee mandates and internal and regulatory reports.
  • Review key processes and controls within Risk, Compliance, Internal Audit and other oversight or senior management and business functions against leading practices and industry frameworks, identify gaps in design and execution and communicate issues and recommendations to engagement leads and senior management representatives.
  • Develop methodologies and approaches to support clients achieve their objectives related to non-financial risk management (operational risk and resilience, regulatory compliance, corporate governance, third party risk etc.).
  • Review clients processes and controls against leading practices and industry frameworks, identify gaps in design and execution and suggest remediation strategies to address the gaps.
  • Delivering the assigned engagement tasks and activities within the allocated time and budget.
  • Supporting practice leadership in achieving excellent service delivery standards by maintaining effective internal and external communication on engagement, taking ownership of the assigned tasks, and using your creativity and intellect to drive client solutions.
  • Support the preparation of proposals and business development activities for prospective clients.
  • Staying abreast of industry leading practices and emerging trends.
  • Building and maintaining strong client relationships through effective communication and exceptional service delivery.
  • Contributing to the development of new tools, methodologies and services to enhance KPMG's service offerings.

What you bring to the role

  • 3+ years of experience in the financial services industry (risk, operations, compliance, internal audit, etc.).
  • Strong academic background with a Bachelor's or Master's degree in Business, Finance, Commerce, Economics.
  • CRM, CIA, CRMA, CISA designation is an asset.
  • Familiarity and working experience with Canadian and US regulations pertaining to operational risk, compliance risk, corporate governance risk, third party risk (OSFI Corporate Governance guideline, OSFI B-10, OSFI E-21, OSFI E-13, OSFI B-13 etc.).
  • Familiarity with the processes, requirements, regulations, and challenges in relation to internal and external risk reporting.
  • Understanding of risk data, data integration, data management and governance in the context of Financial Services industry.
  • Expert knowledge of Microsoft Office Tools (Excel, PowerPoint, Word) is required.
  • Strong written and verbal communication skills, with demonstrated ability at producing compelling presentations and reports.
  • Ability to summarize, crystalize and describe ideas and concepts that require interpretation.
  • Strong analytical and problem-solving skills.
  • Ability to prioritize, multitask and succeed in a fast-paced environment with competing priorities.


KPMG Ontario Region Pay Range Information

The expected base salary range for this position is $73,000 to $118,500 and may be eligible for bonus awards. The determination of an applicant's base salary within this range is based on the individual's location, skills & competencies, and unique qualifications. In addition, KPMG offers a comprehensive and competitive Total Rewards program.

Providing you with the support you need to be at your best

Similar Jobs

More Jobs at KPMG

More Finance & Insurance Jobs

Find similar Senior Consultant, Non-Financial Risk jobs: