Wholesale Conduct Risk Leadership Expert

3 weeks ago


London, Greater London, United Kingdom KPMG-UnitedKingdom Full time
Job Description

The Role

We're seeking a Wholesale Conduct Risk Senior Manager to lead a portfolio of technical client projects and support internal product development around risk and regulatory issues within complex trading and wholesale businesses. This role involves leading the development of trading and wholesale conduct topics, including Market Abuse, Algorithmic Trading, Risk Free Rates, Benchmarks, FX Consent Orders, and Best Execution. As a subject matter expert, you'll contribute to larger projects and represent KPMG externally via round tables, conferences, and industry working groups.

You'll advise clients on the benefits and impact of regulations, current industry practices, and advancements relating to trading businesses. You'll stay up-to-date on the latest trends and new regulations, leveraging international SME support where applicable. You'll also apply your skills to a broad range of banking risk-related issues supporting both regional and national propositions.

The Person

The ideal candidate will have a blend of industry and regulatory knowledge, as well as soft skills from a consulting mindset.

Industry Knowledge

You'll have a strong understanding of:
  • Sell side trading and capital markets business
  • Electronic and algorithmic trading governance, systems, and controls
  • Financial products (cash and derivatives), including the front-to-back of how they're traded, booked, and risk managed
  • Three lines of defence model
  • Role of key bank functions, including Front office, Market Risk, Product Control, Treasury, and Compliance

Regulatory Knowledge

You'll have knowledge of new regulatory developments impacting banking clients and trading businesses, particularly:
  • Algorithmic Trading
  • Best Execution
  • Market Abuse Regulation
  • MiFID II
  • SMCR

Participation in relevant industry working groups or associations is advantageous.

Consulting Experience

You'll need flexibility and agility to contribute in a senior capacity to a broad range of banking engagements. You'll have excellent oral/written communication, planning, project management, networking, and influencing skills. You'll also be able to work across the UK and internationally where required. You'll have experience of financial products and front-to-back controls. You'll have strong project management skills, evidenced by a demonstrable track record of managing consulting projects. You'll have a strong technical understanding of market conduct control testing frameworks. You'll have a track record of producing consulting deliverables in various formats, including advisory gap analysis reports, independent control testing reports, services to assist on ad hoc Front Office, Risk, and Compliance client-led projects, market studies, training materials, and sessions, workshops, and round tables, and thought leadership articles. You'll also have a track record of managing risk and financial aspects of consulting engagements.
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