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Finance Risk Compliance - Consultant/Manager - job 1 of 2

In Strategy & Consulting we work with C-suite executives, leaders and boards of the world’s leading organizations, helping them reinvent every part of their enterprise to drive greater growth, enhance competitiveness, implement operational improvements, reduce cost, deliver sustainable 360° stakeholder value, and set a new performance frontier for themselves and the industry in which they operate. Our deep industry and functional expertise is supported by proprietary assets and solutions that help organizations transform faster and become more resilient. Underpinned by technology, data, analytics, AI, change management, talent and sustainability capabilities, our Strategy & Consulting services help architect and accelerate all aspects of an organization’s total enterprise reinvention.We are:Finance Risk Compliance (FRC), and we give Chief Control Officers, Chief Compliance Officers, Chief Risk Officers, CFOs and their execs the sounding board they need. We’ve got the deep industry experience, the functional insights, the data power, and the digital tech leadership to help our clients make important changes. Through our capabilities in Finance, Risk, Compliance, Data, Controls, GenAI and Transformation we solve our clients’ toughest problems, to get ready for the future. Visit us here to find out more about Finance Risk Compliance.You are:An expert decision-maker and a clear communicator. You’re always looking for better and more efficient ways to manage risk. When you say its time to bring in new solutions or change the way things are done, clients listen. They know you’ll walk them through the process – in person and on paper. Everyone’s happy, because they have the right tools to stay compliant and new ways to create value.The work:• Assess risk and develop mitigation strategies cross industry with focus on top-tier financial services, life sciences, software and platform, communication, media and telecom companies• Support and share knowledge with project teams and use analytics to find new ways of working that put people and process first• Manage project teams, deliverables and budgets across workflows• Attract new business by creating thoughtful proposals and building strong client relationships• Show clients where and how to benefit from a more flexible workforce• Use design-led thinking to improve customer experience• Help grow the practice by championing Accenture initiatives and products• Stay on top of how new regulations and technologies affect our clients’ businesses – and oursTravelWith all our roles, there is some in-person time for collaboration, learning and building relationships with clients, peers, leaders, and communities. Travel may be required. The amount of travel will vary from 0 to 100% depending on business need and client requirements.Here’s what you need:• A minimum of 2 years of experience in risk and regulatory management consulting from a competitive firm• A minimum of 3 years of experience working in risk and regulatory compliance, including one or more of the following:• Finance: forecasting and planning, balance sheet management, treasury management• Risk: financial risk management; non-financial risk management including technology risk, third party, resiliency, enterprise & operational risk; risk governance• Compliance: Financial Crime - AML, KYC, Sanctions, Transaction Monitoring; Fraud, consumer protection• Data: risk data governance, data lineage, reporting (incl. regulatory)• Controls & Audit: platform controls, control design, issue and control remediation, automation, testing and monitoring• GenAI: deployment and governance• Finance, Risk and Compliance Transformation• Financial Services Regulatory Compliance experience (OCC & FRB) and MRA & MRIA remediation across the 3 Lines of Defense• Experience should include one or more of the following:• Developing and advising on risk operating models, data strategy, business and IT risk frameworks and compliance standards• IT and business industry-specific regulations and the mapping of those across policy, risk, control and issue spectrum• Bachelor’s degreeBonus points if:• GenAI and governance experience• Board reporting• Experience working in Financial Services, Software and Platform, Media, Communications, Telecom, Life Sciences industries• For banking, capital markets and/or insurance industries, working knowledge of Basel Accord, Dodd Frank, FBO, FINRA, SEC, FinCEN, OCC, FDIC, CCAR, etc.• Operating model and transformation experience from front- and back-officeCompensation at Accenture varies depending on a wide array of factors, which may include but are not limited to the specific office location, role, skill set, and level of experience. As required by local law, Accenture provides a reasonable range of compensation for roles that may be hired in California, Colorado, District of Columbia, Maryland, New York or Washington as set forth below.We accept applications on an on-going basis and there is no fixed deadline to apply.Information on benefits is here.Role Location Annual Salary RangeCalifornia $63,200 to $188,600Colorado $63,200 to $163,000District of Columbia $67,300 to $173,500New York $58,500 to $188,600Maryland $58,500 to $150,900Washington $67,300 to $173,500What We BelieveWe have an unwavering commitment to diversity with the aim that every one of our people has a full sense of belonging within our organization. As a business imperative, every person at Accenture has the responsibility to create and sustain an inclusive environment.Inclusion and diversity are fundamental to our culture and core values. Our rich diversity makes us more innovative and more creative, which helps us better serve our clients and our communities. Read more hereEqual Employment Opportunity StatementAccenture is an Equal Opportunity Employer. We believe that no one should be discriminated against because of their differences, such as age, disability, ethnicity, gender, gender identity and expression, religion or sexual orientation.All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.Accenture is committed to providing veteran employment opportunities to our service men and women.For details, view a copy of the Accenture Equal Employment Opportunity and Affirmative Action Policy Statement.Requesting An AccommodationAccenture is committed to providing equal employment opportunities for persons with disabilities or religious observances, including reasonable accommodation when needed. If you are hired by Accenture and require accommodation to perform the essential functions of your role, you will be asked to participate in our reasonable accommodation process. Accommodations made to facilitate the recruiting process are not a guarantee of future or continued accommodations once hired.If you would like to be considered for employment opportunities with Accenture and have accommodation needs for a disability or religious observance, please call us toll free at 1 (877) 889-9009, send us an email or speak with your recruiter.Other Employment StatementsApplicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States.Candidates who are currently employed by a client of Accenture or an affiliated Accenture business may not be eligible for consideration.Job candidates will not be obligated to disclose sealed or expunged records of conviction or arrest as part of the hiring process.The Company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. Additionally, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the Company's legal duty to furnish information.
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What You Should Know About Finance Risk Compliance - Consultant/Manager, Accenture

At Accenture, we're on the lookout for a Finance Risk Compliance Consultant/Manager to join our dynamic team in Detroit, MI. In this role, you'll collaborate closely with top executives, providing them with the insights and strategies they need to navigate the ever-evolving landscape of finance and compliance. Your expertise will empower organizations to reinvent themselves, driving growth, enhancing competitiveness, and implementing operational improvements. With a focus on critical industries such as financial services and life sciences, you'll assess risks and develop effective mitigation strategies that create value and foster compliance. You’ll thrive in an environment where your analytical skills can shine, leading project teams and delivering impactful proposals that attract new business opportunities. Your role will include staying on top of industry regulations and leveraging data, controls, and innovative technologies like AI to help clients transform their operations. If you're a decision-maker with a knack for clear communication and a passion for building strong client relationships, this could be the perfect fit for you. Join us at Accenture, where your contributions will help shape the future of Financial Risk Compliance.

Frequently Asked Questions (FAQs) for Finance Risk Compliance - Consultant/Manager Role at Accenture
What are the primary responsibilities of a Finance Risk Compliance Consultant/Manager at Accenture?

As a Finance Risk Compliance Consultant/Manager at Accenture, your key responsibilities include assessing risk and developing targeted mitigation strategies across various industries, especially in financial services. You'll lead project teams, manage deliverables and budgets, and foster strong relationships with clients. You'll be expected to utilize data analytics to enhance processes and promote a flexible workforce, all while staying updated on the latest industry regulations.

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What qualifications are needed for a Finance Risk Compliance Consultant/Manager at Accenture?

Candidates for the Finance Risk Compliance Consultant/Manager position at Accenture should have at least 2 years of experience in risk and regulatory management consulting, along with 3 years specifically in risk and regulatory compliance. A bachelor’s degree is required, and experience with financial crime compliance and technologies like GenAI is highly beneficial. Prior involvement in industries such as financial services or life sciences will also be advantageous.

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How does Accenture support the growth of its Finance Risk Compliance Consultants/Managers?

At Accenture, we are committed to the professional development of our Finance Risk Compliance Consultants/Managers. You’ll have access to ongoing training and resources, allowing you to stay abreast of industry changes. Additionally, you will be encouraged to champion innovative initiatives and products, contributing to the practice's growth while enhancing your own career trajectory.

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What technological tools do Finance Risk Compliance Consultants/Managers use at Accenture?

Finance Risk Compliance Consultants/Managers at Accenture utilize a variety of technological tools to enhance their consulting practices. These include advanced data analytics platforms, compliance software, risk management tools, and innovative AI solutions. These resources enable consultants to assess risks more effectively, ensure compliance, and deliver improved results for clients.

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What is the expected travel requirement for a Finance Risk Compliance Consultant/Manager at Accenture?

The travel requirement for a Finance Risk Compliance Consultant/Manager at Accenture varies based on client needs and business requirements. While some positions may involve minimal travel, others could require travel up to 100%. Collaboration and relationship-building are key components of the role, thus in-person interactions may be essential.

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Common Interview Questions for Finance Risk Compliance - Consultant/Manager
How do you assess risk in financial services?

To assess risk in financial services, I utilize a combination of quantitative and qualitative methods, including data analysis, scenario analysis, and regulatory assessments. My approach involves identifying potential risks, analyzing their implications, and developing tailored mitigation strategies.

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Can you describe your experience with regulatory compliance?

I have three years of experience in regulatory compliance, focusing on financial crime, including AML and KYC regulations. I have worked on developing compliance frameworks and conducting audits to ensure adherence to industry standards.

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What strategies do you use to build strong client relationships?

Building strong client relationships relies on consistent communication, understanding client needs, and demonstrating value. I prioritize active listening and transparency, ensuring the client feels engaged and informed throughout the consulting process.

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How do you keep updated with the latest regulations affecting finance and compliance?

I regularly participate in industry workshops, subscribe to relevant publications, and attend webinars focused on finance regulations. Networking with peers also provides insights into emerging trends and regulatory changes.

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Describe a project where you had to manage multiple stakeholders.

In my last role, I led a compliance transformation project involving multiple stakeholders, including IT and executive sponsors. I established regular check-ins, clearly defined roles, and maintained an open feedback loop that ensured alignment and accountability across teams.

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What techniques do you use to analyze risk data?

I employ various data analytics techniques, such as regression analysis and trend reporting, to analyze risk data. By studying historical data patterns in conjunction with real-time inputs, I can proactively identify emerging risks and recommend adjustments.

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Explain how you develop risk mitigation strategies.

Developing risk mitigation strategies involves identifying specific risks, assessing their potential impact, and collaborating with stakeholders to create actionable plans. I often use a matrix to prioritize risks based on their likelihood and impact, ensuring resources are allocated efficiently.

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How do you handle compliance-related challenges in projects?

When faced with compliance-related challenges, I assess the situation thoroughly to understand the root cause, engage stakeholders, and implement corrective measures quickly. Clear documentation and communication are critical to ensure everyone is informed.

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What’s your experience with technology in risk management?

I have experience utilizing risk management software, data governance tools, and AI applications to enhance risk assessment processes. These technologies help to streamline workflows, improve accuracy, and ultimately support more informed decision-making.

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How would you approach designing a compliance training program?

To design an effective compliance training program, I would assess the specific compliance needs of the organization and tailor the training to address these gaps. Incorporating interactive learning activities, real-case scenarios, and frequent assessments helps ensure engagement and retention.

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Our 743,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners an...

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Full-time, on-site
DATE POSTED
December 6, 2024

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