ID57529 Risk & Regulatory Manager, in Financial Services

Job Description

Industry: Business Consulting and Services, Financial Services, and Accounting
Seniority for this role: Mid-Senior level
KPMG is one of the world’s leading providers of Audit, Tax and Advisory services. At KPMG we run our firm just as effectively as we support and strengthen our clients’ businesses. We take pride in hiring talented people that share our values and are committed to achieving greatness together. KPMG in Romania offers great opportunities to build a successful career. When you choose KPMG as the place to build your career, you choose to inspire confidence and empower the change around you. KPMG’s Governance, Risk & Reporting practice helps clients from different industries (banks, insurance companies, investment funds, commercial companies and public institutions) and of different sizes and complexity improve processes, governance and strategy across a broad range of matters (e.g. Enterprise Risk Management, Capital Adequacy, Regulatory Reporting and Compliance, Insurance Risk Management, Basel III/ CRD IV, ESG/ CSRD, etc.). We address all areas of a firm’s activities and its interactions with regulators. We are currently seeking a Risk & Regulatory Manager to join our Governance, Risk & Regulatory team in Bucharest. In this role you will be involved, together with the rest of the team, in projects such as: Performance of gap analyses by reference to new standards, regulations and guidelines issued by local and European authorities in the financial sector. Development and/ or implementation of new processes, policies or solutions aimed at ensuring both compliance and operational efficiency. Consulting engagements for enterprise risk management (financial and non-financial risks). Your Role To assist clients with addressing enterprise-wide compliance, including regulatory gap-analyses and implementation projects in areas such as: Basel, CRD, CRR, Mifid, EBA Guidelines, Solvency II, PSD II, CSRD. To help enhance the development and implementation of new policies, procedures or processes as new regulations emerge and laws change. Keep up to date on marketplace and regulatory topics and trends and apply insights during the delivery of engagements. To complete qualitative and quantitative data analysis, present information and provide recommendations. To develop and sustain strong relationships with client personnel and KPMG colleagues. To assist with the design, preparation, and analysis of findings and reports leveraging strong written communication skills. To communicate and present information to clients and colleagues in a clear, logical, and concise manner. To support internal initiatives and strategic growth initiatives. To coordinate junior team members in contributing to projects and developing their skills. Essential Experience – Min. 6 years of relevant experience : Development (or review) of internal policies/ procedures/ processes for credit institutions, non-banking financial institutions or insurance companies. Bachelor’s/ Master’s degree from an accredited college/ university with a preference for Finance, Risk Management, Economics, or other qualified business-related degree. Expertise/Technical Role Requirements Knowledge and understanding of the regulatory framework in the financial sector (banking, insurance, or investment firms), with the ability to perform critical analysis of EBA Guidelines/ new regulatory requirements. Understanding of the organization and operation of the financial sector, such as banking/ lending processes and services Strong Microsoft Office skills – Word, Excel, Power Point. Skills Excellent ability to listen and comprehend new content, including concepts, terminology, business operations; knowledge of laws, rules, and regulations associated with the financial services practice. Strong organizational skills and attention to detail, the ability to work with diverse work styles and personalities, manage multiple tasks autonomously, prioritize changing workloads, etc. Excellent analytical, quantitative, and problem-solving abilities with strong verbal and written communication skills (both Romanian & English). General understanding of data analysis techniques. A successful candidate would: Have an overview and understanding of usual banking processes & services. Had interactions (read/ structure/ apply/ understand) with new regulatory documents (EU Regulations, NBR Regulations, EBA Guidelines etc.) – it not required to know such documents by heart, but to have been able to understand & apply such new concepts. Is interested in new topics and personal development i.e. is curious about new regulatory and/ or risk management areas. Is motivated and excited in front of new projects where skills & knowledge are developed on the go. Likes to work in teams of 2-3 people, contributing & coordinating, to reach together a solution to a problem and document it. Is able to develop neat and well-structured documents in both English & Romanian KPMG in Romania offers you: The chance to work in a professional environment, exceptional opportunities for career growth, as well as a strong learning and development culture. Fast paced environment, a diverse team with great mentoring opportunities. Attractive remuneration package. The possibility to fulfil your potential through various training courses and gain additional professional qualifications. Flexible workplace and work environment. Working at KPMG is also about happy people and an internal culture that supports employees in following their passions through various activities and events. We also have numerous benefits to support your health, a flexible working schedule and many more advantages. Confidentiality Confidentiality will be ensured to protect the interests of applicants. Only preselected candidates will be invited to an interview. Show more Show less