IBM Promontory, a business unit of IBM Consulting, is the premier consulting firm for financial services companies. IBM Promontory excels at helping clients resolve critical issues, particularly those with a regulatory dimension. Promontory professionals have unparalleled regulatory experience and insight, and provide our clients with frank, proactive advice informed by best practices and regulatory expectations.
Promontory Australia is a boutique operation and maintains links to the US and UK. Our consultants in Australia have diverse backgrounds from regulatory authorities, industry and consulting.
In recent years Promontory has completed a number of high profile engagements with Australian financial institutions and due to a strong pipeline of work we are looking to expand our team with a highly skilled, adaptable and dependable individual to join the high performing Sydney office.
As a member the Promontory Australia team at IBM you will contribute to the firm's efforts in working with clients on challenging strategic, risk management, and regulatory compliance issues.
Our team of specialists offers the following services across Prudential, Conduct and AML Regulation:
• Risk Management – Providing advisory and assurance services regarding organizational transformation across risk management, governance, culture, accountability and compliance.
• Remediation Services – Assurance to regulators and firms over customer focused remediation programs.
• Regulatory Framework – Advising regulators and industry associations on building regulatory frameworks.
• Regulatory Liaison – Helping our clients navigate relationships with regulators.
• RegTech – Working with IBM teams and leveraging their technology assets in advising clients on AI based solutions and associated risk governance.
We have a diverse client base in Australia, which includes some of Australia’s largest financial institutions and clients drawn from the public sector.
As a Senior Principal, you will be responsible for managing risk, regulatory and compliance engagements on a day-to-day basis, analyzing complex problems, developing recommendations to address client issues and heavily involved in reports and other deliverables. A strong consulting background with experience in non-financial risk management (including operational risk and resilience) and or superannuation is preferable. You will also be expected to draw upon your insights and networks to identify business opportunities for IBM Promontory to pursue.
To be successful in this role a candidate must possess strong leadership skills and have the stature to engage effectively with clients and potential clients at all levels. The candidate will also need to inspire and work effectively with team members drawn from a range of technical disciplines. Interact comfortably with executive management across industry and regulatory authorities. Key responsibilities will include:
• Act as a trusted client point of contact on a day-to-day basis.
• Manage projects and associated staff on a day-to-day basis contributing to engagements being delivered to a high quality standard within set budgets.
• Undertake analysis as directed and take responsibility for the preparation of project deliverables, including reports and presentations.
• Develop new business through the identification of new opportunities leading to confirmed engagements.
• Strong commitment to integrity and ethics.
The candidate will be required to build and retain relationships across the industry in order to identify opportunities for further work. This includes the ability to establish and maintain positive relationships and build teams that are motivated to succeed.
- At least 8-10 years’ experience in areas such as governance, risk management, compliance, operations risk, superannuation, regulatory consulting and/or financial services firms.
- Direct exposure to specialist areas relating to non-financial risk management, such as operational risk, operational resilience, technology risk and/or data management will be seen as an advantage.
- Demonstrated experience in building and managing project teams to address complex issues in high pressure situations.
- Track record working in an unstructured environment where engagement leaders are expected to identify and develop innovative approaches and solutions to address client challenges.
- Tertiary qualifications in Commerce, Finance, Law or Business Administration with postgraduate qualifications highly regarded.