Managing Consultant, Operational Risk Management - Financial Services

Job description

The Risk & Compliance (R&C) Consulting Practice within IBM's Global Business Services (GBS) is responsible for providing end-to-end consulting services to our clients, as it relates to Risk and Compliance. Our clients include several large GSIBs, across banking, insurance and capital markets. The services we provide include advisory, end-to-end implementation, large scale program management, and more. A core part of our offerings includes optimization for risk frameworks, risk methodology, establishing KRIs/KPI, defining risk appetite, and establishing organizational structures. Learn more about our Finance, Risk, and Fraud consulting at http://www-935.ibm.com/services/us/business-consulting/finance-transformation/

IBM Global Business Services is hiring a Managing or Senior (Sr.) Managing Consultant with subject matter expertise in Operational Risk Management , Work flows, Processes and Controls to join our Financial Services Risk & Compliance consulting team.

As a Sr. Managing Consultant, you will not be limited to just Operational Risk Management, rather also cut across other risk types [e.g. Credit, Market, Financial Crimes etc.], Overall Regulatory Change Management, Stress Testing, Data etc. in the assessment and implementation of Controls, Process Enhancements etc. Another key part of the work will involve working with technologists, in the evaluation and implementation of technology solutions in this space, including those related to Automation, Artificial Intelligence and/or, any Vendor Solutions such as IBM Open Pages, Archer, Metric Stream etc. Working alongside experienced risk and analytics experts, you will have the opportunity to apply your risk expertise and analytical skills to solve challenging risk problems. You will be directly involved with clients, facilitating risk evaluations, developing requirements, articulating insights, and leading large cross functional delivery teams.

Responsibilities include:
·  Navigate the complex environment of working within the largest financial services institutions
·  Develop deep relationships within client organizations and work in cross-functional teams across diverse stakeholder groups, including client business and technical organizations, IBM's domestic and global delivery organizations [including Promontory Financial Group] and third party software vendors
·  Assess processes and develop requirements to re-engineer them
·  Identification of controls and/or assessment of pre-existing ones
·  Facilitate the evaluation, selection and implementation of supporting systems and tools in the space of information repositories, automation, controls, reporting etc.
·  Workshop facilitation to identify new/emerging risk, controls, key risk metrics, and issues
·  Provide strong analytical skills and knowledge of risk-related regulations
·  Lead proposal efforts and participate in presentations to internal and external executives
·  Lead and manage large cross functional teams for successful project delivery BENEFITS
Health Insurance. Paid time off. Corporate Holidays. Sick leave. Family planning. Financial Guidance. Competitive 401K. Training and Learning. We continue to expand our benefits and programs, offering some of the best support, guidance and coverage for a diverse employee population.
·  http://www-01.ibm.com/employment/us/benefits/
·  https://www-03.ibm.com/press/us/en/pressrelease/50744.wss CAREER GROWTH
Our goal is to be essential to the world, which starts with our people. Company wide we kicked off an internal talent strategy program called Go Organic. At our core, we are committed to believing and investing in our workforce through:
·  Skill development: helping our employees grow their foundational skills
·  Finding the dream job at IBM: navigating our company with the potential for many careers by channeling an employee's strengths and career aspirations
·  Diversity of people: Diversity of thought driving collective innovation CORPORATE CITIZENSHIP
With an employee population of 375,000 in over 170 countries, amazingly we connect, collaborate, and care. IBMers drive a corporate culture of shared responsibility. We love grand challenges and everyday improvements for our company and for the world. We care about each other, our clients, and the communities we live, work, and play in!
·  http://www.ibm.com/ibm/responsibility/initiatives.html
·  http://www.ibm.com/ibm/responsibility/corporateservicecorps
Auto req ID

126526BR
Required Education

Bachelor's Degree
Role ( Job Role )

Business Transformation Consultant
State / Province

MULTIPLE
Primary job category

Consultant
Contract type

Regular
Employment Type

Full-Time
ERBP

Yes
Is this role a commissionable/sales incentive based position?

No
Travel Required

Up to 75% or 4 days a week (home on weekends - based on project requirements)
IBM Business Group

GBS
Preferred Education

Master's Degree
City / Township / Village

MULTIPLE CITIES
EO Statement

IBM is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
Required Technical and Professional Expertise

·  At least 5 years of experience working in banking [capital markets, investment, retail or, commercial] or, at a management consulting company, or insurance firm
·  At least 3 years of experience managing relationships and delivering presentations to senior level clients in financial services
·  3 years of experience working with a governance risk and compliance (GRC) tool
·  At least 3 years of experience conducting risk control self-assessments (RCSA)
·  At least 3 years of experience in risk identification, governance, process, workflows and controls
·  At least 1 year of experience with aggregating risk data with respect to operational and dashboard reporting or equivalent reporting experience
·  At least 2 year of experience evaluating, selecting, and implementing risk solutions
·  At least 1 year of experience in risk analytics/data governance and integration
·  Ability to facilitate a workshop with key business stakeholders to identify new/emerging risks, controls, KRIs, and related issues
Country

United States
Preferred Technical and Professional Experience

·  Experience in BCBS 239, stress testing (CCAR/DFAST), credit, counterparty, market, forecasting, or capital
·  Exposure to Basel II/III, Dodd-Frank, Enhanced Prudential Standards, Interagency Rulemaking, RDAR risk regulations
Eligibility Requirements

None
Position Type

Professional
New Collar Role

No