Find your next role

Introduction

A career in IBM Consulting is built on long-term client relationships and close collaboration worldwide. You’ll work with leading companies across industries, helping them shape their hybrid cloud and AI journeys. With support from our strategic partners, robust IBM technology, and Red Hat, you’ll have the tools to drive meaningful change and accelerate client impact. At IBM Consulting, curiosity fuels success. You’ll be encouraged to challenge the norm, explore new ideas, and create innovative solutions that deliver real results. Our culture of growth and empathy focuses on your long-term career development while valuing your unique skills and experiences.

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 organisational 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 Principal, you will be responsible for managing risk, regulatory and compliance engagements on a day-to-day basis, analysing 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.

Your role and responsibilities

As a Strategy Consultant specializing in Compliance & Conduct Risk, you will advise and strategize with clients to develop solutions addressing their most complex regulatory issues. This role involves working predominantly with financial institutions to minimize their overall risk while adhering to their business strategy. Your primary responsibilities will include: • Develop Regulatory Solutions: Collaborate with clients to understand their unique regulatory challenges and design tailored solutions that align with their business objectives, ensuring minimal risk exposure. • Strategize Risk Management: Work closely with clients to identify potential compliance and conduct risks, developing effective mitigation strategies that meet regulatory requirements and business needs. • Provide Expert Advisory: Offer expert advice to clients on regulatory matters, leveraging deep knowledge of compliance and conduct risk to inform strategic decision-making. • Foster Client Relationships: Build and maintain strong relationships with clients, predominantly financial institutions, to ensure seamless collaboration and effective solution delivery.

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:

• Manage projects and act as client point of contact on a day-to-day basis contributing to engagements being delivered to budget and meeting profit and realisation targets.
• Undertake analysis as directed and take responsibility for the preparation of project deliverables, including reports and presentations.
• Interact comfortably with executive management of and regulatory authorities, generally with a Managing Director present.
• Strong analytical skills, oral skills, with demonstrated ability to communicate clearly, simply and logically.
• Strong written communication skills with, the ability to construct well-founded, clear, and concise analyses and recommendations.
• Ability to handle complex information, solve problems, and manage multiple tasks.
• Ability to work closely with, and communicate effectively with, clients and within all levels of the organisation.

· Strong commitment to integrity and ethics.

The candidate will also be required to build and retain relationships across the industry and to identify opportunities for further work. This includes the ability to establish and maintain positive relationships and build teams that are motivated to succeed.

Required education

Bachelor's Degree

Preferred education

Bachelor's Degree

Required technical and professional expertise

• Regulatory Solution Development: Experience with designing and implementing regulatory solutions for financial institutions, ensuring alignment with business objectives and minimal risk exposure. • Risk Management Strategy: Experience in identifying and mitigating compliance and conduct risks, developing effective strategies that meet regulatory requirements and business needs. • Compliance and Conduct Risk Expertise: Experience with providing expert advisory services on regulatory matters, leveraging deep knowledge of compliance and conduct risk to inform strategic decision-making. • Financial Institution Collaboration: Experience working with financial institutions to understand their unique regulatory challenges and develop tailored solutions. • Regulatory Requirement Analysis: Experience analyzing regulatory requirements and developing solutions that meet business needs while minimizing risk exposure.

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:

• Manage projects and act as client point of contact on a day-to-day basis contributing to engagements being delivered to budget and meeting profit and realisation targets.
• Undertake analysis as directed and take responsibility for the preparation of project deliverables, including reports and presentations.
• Interact comfortably with executive management of and regulatory authorities, generally with a Managing Director present.
• Strong analytical skills, oral skills, with demonstrated ability to communicate clearly, simply and logically.
• Strong written communication skills with, the ability to construct well-founded, clear, and concise analyses and recommendations.
• Ability to handle complex information, solve problems, and manage multiple tasks.
• Ability to work closely with, and communicate effectively with, clients and within all levels of the organisation.
• Specific skill areas needed – Superannuation (preferably with an APRA background), Risk culture, ASIC/Markets.

· Strong commitment to integrity and ethics.

The candidate will also be required to build and retain relationships across the industry and to identify opportunities for further work. This includes the ability to establish and maintain positive relationships and build teams that are motivated to succeed.

Preferred technical and professional experience

• Regulatory Framework Knowledge: Experience with regulatory frameworks and requirements governing financial institutions, including knowledge of regulatory bodies and their expectations. • Industry Benchmarking: Experience in analyzing industry benchmarks and best practices for compliance and conduct risk management, enabling informed advisory services to clients.

· An undergraduate degree in either Accounting, Commerce, Finance, or Law - with postgraduate qualifications highly regarded.

· At least 6 experience in Financial services, Consulting, Regulator, Compliance, Risk management, Governance or legal.

· Track record working in a fast-paced and unstructured environment with aptitude for identifying and developing innovative solutions to client challenges.

· Analytics and data: Proven track record of successfully delivering highly analytical and data intensive work. Strong understanding of data governance and experience in working with large and unstructured datasets to draw meaningful and actionable insights and outcomes.

· AI: A strong understanding of AI fundamentals, including AI governance, and model development and application.

• Superannuation (preferably with an APRA background), Risk culture, ASIC/Markets.