Finance and Risk Transformation Consultant - Investment Banking

Alexander Ash



16 June 2017

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Finance and Risk transformation, Finance change, Back Office Transformation, ACA, ACCA, CIMA, CFA,
Financial Management, Ledger, Product Control, FRTB, Regulatory Change, MiFiD, CCAR, Volcker,
Basel, IFRS 9, Market Risk, Credit Risk,

For this reputable consulting firm we are looking for strong Finance and Risk transformation
individuals to join a rapidly growing Financial Management Practice. In Financial Management there
are over 150 professionals dedicated to Back Office Transformation improving the effectiveness and
efficiency of the core control and reporting functions including Finance and Risk, Treasury and
Operations and generating real insights to help deliver value to the business.

The Financial Management team is structured into the following capabilities:

Finance Strategy & Transformation (FS&T) - Finance and Risk function strategy & vision, Target
Operating Model (TOM) Design planning and implementation Regulatory driven change (including IFRS
9 and Fundamental review of Trading Book)

Enterprise Performance Management (EPM) - Performance reporting, cost & profitability, data
analytics, planning budgeting & forecasting;

Efficient Finance Operations (EFO) - Finance function cost & process optimization, robotics &
cognitive technologies, shared service & outsourcing.

In Banking, financial institutions are facing a period of unprecedented regulatory change in terms
of the number of new initiatives, their complexity and the interplay between different
regulations. In addition we are seeing continued cost pressures.

The Financial Management Banking practice works with leading Investment and Retail Banks, focusing
primarily on improving the effectiveness and efficiency of their Finance & Risk functions. The key
drivers of change for our Banking clients are Regulatory Reform, Cost Reduction and Risk

Core / Necessary responsibilities:

Support engagement set up and management to ensure all required Risk Management process and
procedure is adhered to and project risks and issues are properly identified, managed and
escalated as needed

Support project/ work stream lead to shape the approach to projects, develop work plans and
reporting status against plan

Support the design / build / implementation of Target Operating Models;

Create high quality outputs , including presentations, draft reports, cost benefit analysis, data

Generate business requirements using business and analytical skills to develop supporting
artefacts, e.g. business process maps

Building and maintaining client relationships.

Core / Necessary skills & experience:

Experience within at least one of the Financial Management capability offerings;

Consulting experience and skills advantageous

Banking sector experience (i.e. broker dealer, inter- dealer broker, investment , retail ); whether in BAU or change role

Strong analytical, numerical and Microsoft Office skills;

Accountancy qualification - ACA, CIMA, ACCA, CIPFA or equivalent (or in process of taking final

Additional skills and experience:

Project based experience working across several aspects of a finance or Risk function function;

Knowledge of Finance and/or Risk data systems; finance software systems;

Finance and Risk function target operating model and framework development and implementation

Good understanding of regulatory landscape impacting Banking sector

Banking Product knowledge and experience of front to back trade flows, business process and

Worked on Finance and Risk transformation programs and engaged in Change, in particular FRTB,
Basel 4,MiFID 2 is desirable

IFRS 9 experience desirable

Impairment process experience desirable

Knowledge of robotics and cognitive technologies.

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