Capability Network CFO & Enterprise Value (CFO & EV) team supports CFOs / Finance organizations to craft and implement strategies anchored on digital disruption, new age operating models, best in class practices to drive market differentiation and creating value. We take pride in performing End – to – End Transformations, delivering tangible results and outcomes for our client on back of path breaking thought leadership, deep CXO relationships, digital investments & assets and collaborating with our other Accenture businesses like Technology and Operations. Service offerings by the CFO & EV teams are as follows:
•Dynamic and Connected Planning
•Enterprise Operating Model
•Treasury and Working Capital
•Risk and Compliance
The differentiating Capabilities of CFO&EV Practice combines the broad focus of CFO Strategy with agile planning, sustainable growth, data driven thinking and automation to drive value creation.
Accenture CFO&EV Practice has expertise in delivering Shared Services Transformations, Target operating model definition, Zero Based Organization/Zero Based Spend Full Cycle, Intelligent Enterprise Platforms Transformation/Automation, Enterprise Performance Management Strategy implementation, F&PA Process Design and Blueprints, AI-Powered Planning & Forecasting, Digital Reporting & Analytics, Enabling Technologies, Tax Process Automation, Treasury Strategy, Working Capital Optimization, Risk Strategy And Assessment, Cyber Resilience and Security, Financial Crime & Regulatory Compliance, Data Driven Consulting, Client Value Analysis, SAP BPC and S/4 HANA green field and brown field transformations with 100+ projects per year.
Accenture, a leading Management Consulting firm seeks an experienced and accomplished Risk Management professional with significant experience in risk consulting and sound understanding of Financial risk management principles and practice. The key responsibilities will be to:
•Lead project delivery for Financial and Non-Financial Institutions across risk management areas such as risk strategy/ advisory, transformation programs, enterprise risk management, portfolio management, capability maturity assessments, fraud & financial crime risk compliance, etc.
•Engage and lead client conversations, workshops, and presentations to client stakeholders in management reviews, steercos
•Lead solution design and implementation aspects of engagement(s) ensuring high quality within constraints of time and budget
•Drive continuous improvement capability with regards to methodology, tools, practices, and maturity
•Partner with global deal teams in selling, shaping and solution development of client deals by providing subject matter expertise on risk related topics.
•Liaison with offering development group to shape thought capital around current and emerging risk management topics and contribute to development of Accenture Points-of-View on Risk trends and issues.
•Support practice development through various support activities such as staffing, quality management, capability development and knowledge management etc.
•Build strong relationships with global Accenture Risk Management teams, and further develop existing relationships based on mutual benefit and synergies
Reports to: Sr. Management and/or Client Leads
Supervises: May lead immediate project team of Leads, Consultants and Analysts
External Relationships: Clients, Third party vendors, Suppliers, Agencies
•Master’s in Business Administration with at least 8-10 years of experience in Finance and Risk domain
•Strong academic background and Industry certifications such as FRM, PRM, CFA preferred
Qualifications: Master s in Business Administration with at least 8-10 years of experience in Finance and Risk domain Strong academic background and Industry certifications such as FRM, PRM, CFA preferred
Experience: At least eight to ten years of risk management experience at one or more Financial Services institutions (Universal/Investment bank or Broker-Dealer), Rating Agency or Professional Services / Risk Advisory with an understanding of one or more of the following areas:
-Credit Risk Measurement for the purpose of financial instruments impairment and/or capital requirements calculation (PD, LGD, EAD methodologies), Credit Risk Underwriting Frameworks, Risk Based Pricing, Early Warning Systems, Credit Policy & Limit Management, Collections Frameworks, Counterparty credit risk management and experience on counterparty risk methodologies such as PFE, EPE. -Market Risk Measurement and Management related topics including operational processes, technologies, modeling approaches, risk aggregation and reporting, FRTB: Expected Shortfall, Default Risk Charge, NMRF; IBOR or LIBOR Transition experience. ; Hands on experience in VaR/SVaR/IRC/CRM calculations for variety of financial instruments across Currencies, Credit, Commodities, Rates etc.; In-depth understanding of new/evolving regulations in the Market Risk management space including treatment of off-balance sheet exposures, proprietary trading, systemic risk, stress testing, capital calculations, reporting standards etc. -Operational Risk Management Framework and methodology. Hands on experience in developing risk registers, conducting RCSAs, defining KRIs for risk management and control indicators, Risk Scenario Library & Analysis -Liquidity Risk Measurement, Reporting and Management, Balance Sheet Framework, Rates/Equities/Currency Risk, LCR, NSFR, Contingency Funding Requirement -Treasury Experiences: Asset Liability Management, Fund Transfer Pricing, Interest Rate Risk in Banking Book (IRRBB) -Portfolio Risk Management and Risk Monitoring Frameworks, ALLL/ Provisioning, Regulatory Capital & RWA Optimization, Economic Capital -Functional design and database modeling for risk management systems and applications -Financial Crime and Compliance: AML & KYC Optimizations, Fraud and Regulatory Compliance with focus on Fraud Risk Management, Compliance Analytics, Enterprise Risk Management (Financial Services and non-Financial Services), Data Analysis & Aggregation, Trade Surveillance, Robotic Process Automation -Enterprise Risk Management: (Both FS & NON-FS firms such as Oil and Gas) Risk Appetite, Risk Tolerance, Risk Visualization, Platforms, Policies/Procedures/ Operating Manual, ERM Frameworks, Risk Catalogue, Implementation -Strong understanding of risk regulatory framework of one more of the major economies across globe (i.e. US, EU, etc.). Knowledge of Basel II/ III principles and practice, Dodd Frank, ICAAP, MIFID II, IFRS9, PSD2 etc. -Risk Platforms: Sungard, Murex, Sungard , Calypso, OpenPage, Fenergo, PEGA, JIRA, SAP HANA, Bloomberg, Reuters, etc. -Experience in third party risk consulting will be preferred. Prior Risk Consulting experience at pre-eminent, global risk management consulting firms preferred.
Key Competencies and Skills:
This role is to support Accenture's CFO EV Finance and Risk practice in delivering Risk and Compliance strategy and solutions across geographies Ability to lead the design and delivery of strategy, business case analysis, transformation programs, technology enablement, with respect to enterprise risk, portfolio management, capability maturity assessments, fraud & financial crime risk compliance programs, etc. Ability to drive and build sales pipeline through BDs and Proposals Strong project management skills and demonstrated experience in managing teams across functions and geographies Exposure to working in globally distributed workforce environment including onshore and offshore Excellent communication and interpersonal skills
Additional Information: Extensive travel (upto 80%) depending on geographical span