Job at a glance
Overview At KPMG in Canada, our people bring their unique perspectives to Canada’s most important challenges. Here, you can build momentum that reaches beyond our business, develop skills for the future, and take ownership of your career with support at every stage. Join a firm where your career can make a difference. KPMG’s Regulatory and Risk Advisory (RRA) professionals help companies manage complex regulatory, governance, operational and compliance risks by shaping their risk and business strategies to effectively mitigate or take advantage of such exposures and enhance their compliance stance.
Backed by deep industry knowledge, our team works with organizations to strengthen their governance and operating models, positioning them to effectively achieve their risk management goals. KPMG’s risk professionals help organizations by addressing complex challenges, creating, and protecting sustainable business value and transforming risk into a strategic advantage. 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.
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