I'm looking for

Roles and Responsibilities

The Business Risk Manager supports the Head of Business Risk through a wide variety of projects and activities. The objective of the role is to help ensure that the Firm’s core risk policies are complied with by working closely with engagement teams and leadership teams across different business units. The audit landscape is changing, and for the Business Risk Function to continue to support the Business, the Risk Function needs to be proactive and not reactive to risk.
The Business Risk Function is embedded into the Audit Function and as such is an integral and important part of the audit function. As the risk environment evolves, due to changes in legislation and reporting standards, the current policies and processes will need to be aligned to those changes. In order to achieve this successfully the function works closely with other areas of the business such as Audit Risk Management, Central Risk, Office of General Counsel, Finance and Sentinel.
The role requires initiative and flexibility, suiting an efficient organiser.

The Manager will support the Head of Business Risk for Audit where the team will contribute to providing support to the Audit Function and the wider Audit Risk Management Function. This will include managing three Assistant Managers across the Audit Business Risk Function.

Risk MI and Risk Register – Assist the Head of Business Risk in:

• Contributing to the development, reporting and management of risk-related MI to support Audit and Risk leadership.
• Supporting Audit leadership in identifying risks and appropriate actions required to manage/bring back identified risks within risk appetites.
• Supporting the implementation and operation of strategic initiatives on portfolio management from commercial and/or risk perspectives.
• Providing risk updates and reports to the Head of Business Risk

Risk Operating System – Microsoft Dynamics (“MSD”)

• Managing the monthly and yearly data validation for audit
• Working with Firm-wide Ethics & Independence team to identify and resolve potential rotational breaches
• Managing the risk data within MSD, which will include identifying and rectifying risk errors
• To act as a Business Risk MSD Super User. You will be required to provide ongoing support, advice and training to engagement teams with regards to MSD engagement management set-up
• Management of data for monthly reporting which will include producing deliverables for both internal and external reviews to include Regulators
• Take ownership of the partner rotation process, working with Partners and Segment Heads. You will be required to identify potential regulatory breaches and escalate to the Head of Business Risk where appropriate
• Analysis and delivery of all Partner / Director succession planning
• Monitor the information currently held on the MSD system, ensuring that the information is set up correctly and challenge where appropriate
• Management of KGS as and when required
• Attend briefings and training sessions led by Central Audit Risk and communicate outputs back to the function
• Supporting and Advising Key Stakeholders of the Business as and when required

Annual Risk Review

• Supporting with output of the Annual Risk Review process in collaboration with Audit Risk
• Support the Head of Business Risk and leadership teams implement actions in response to findings from the Annual Risk Review process

Regulatory Reporting:

• Supporting the Head of Business Risk with ad-hoc regulatory reporting
• Supporting the Head of Business Risk with requests from the Regulatory Affairs Department and responses to regulatory queries
• Management of non-financial sanctions
• Supporting requests for Regulatory Compliance Reviews which will include working with the audit teams to collate and analyse responses
• Record keeping of other regulatory requirements
• Management of Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”) resignation process

Ad-Hoc:

• Support the Head of Business Risk to manage the responses needed for the monthly risk analysis and Other Entity of Public Interest (“OEPI”) tools
• Provide responses to ad-hoc queries that arise from audit teams
• Continue to work on raising the profile of Business Risk across the Firm
• Review of Multi-Firm Engagement (“MFE”) arrangements and provide guidance to audit teams as and when needed
• Provide support with ad-hoc projects
• Managing risk consultations and approvals for audit engagement team in line with the Firm’s policies and procedures, working in collaboration with Audit Risk.

Stakeholder Interaction & challenges:

The role will include interactions with senior leadership across audit, risk and engagement teams

Impact, Risk, Accountability & Governance:

This is a role with impact across the Audit Capability Group where there is accountability for significant projects within audit risk management. It may include preparation of reports and risk registers for senior leadership

Experience and Background

Essential
— Awareness of the different types of service delivered out of audit firms
— Decision making around engagement acceptance
— Understanding and documenting policies, processes and controls, identifying weaknesses and making and implementing recommendations
— Identifying and reporting on trends in data
— Project management of multiple workstreams alongside unpredictable consultation workload
— Able to get to grips with technical content including law, regulation, assurance standards, contracts and policy and recommend how to apply to practical scenarios
— Confident in exploring opportunities with engagement leaders
— Awareness of the nature and effect of key clauses in professional services contracts
— Advanced Microsoft Office Skills – particularly Excel


Desirable
— Experience of delivering a range of services at manager level or above within a professional services firm
— Experience of performing risk assessments, scoring risks and preparing risk registers

Qualifications and Skills

— Educated to a degree level
— Risk Management Qualification desirable
— Recognised accountancy qualification desirable
— CISI / ICA Qualified – Desirable
— Experience in a busy team environment
— Experience of Microsoft applications and SharePoint.
— Excellent attention to detail
— Accountability – use own initiative to provide effective support
— Drive and Resilience – time management and organisational skills
— Building Relationships – good communication skills (both written and oral)
— Problem Solving
— Flexibility – adaptable to changing situations
— Team management
— Team working
— Project management
— Negotiation
— Experience of Microsoft Dynamics desirable but not essential

KPMG’s Infrastructure Advisory Group (IAG) is widely recognised as one of the world’s leading independent strategic advisors in the infrastructure sector. The group has won many awards, including financial advisor of the year (Infrastructure Journal). In the UK, the group consists of over 200 professionals, with locations in London, Birmingham, Manchester, Leeds and Edinburgh and is organised as a single national team.
We provide in-depth advice on the strategic, economic, financial and commercial issues driving infrastructure projects spanning the transport, power and utilities and social infrastructure sectors in the UK and internationally.
IAG’s Transport business provides market-leading advice to public and private sector clients including Department for Transport, Network Rail, Transport for London, Owning Groups, Train Operating Companies, Major Airports, High Speed 2, Highways England, Rail Delivery Group, as well as major city region authorities and local authorities.
Over the last decade we have undertaken key roles on high profile multi-billion pound projects and programmes across the UK, these include Crossrail 2, High Speed 2, Mersey Gateway, Northern Line extension and East West Rail. KPMG has long been a pre-eminent adviser in the rail franchising sector. Most recently, we have advised successful bidders on the East Midlands, West Midlands, South Western, East Anglia and TransPennine franchises. Our role in these competitions spans market entry, finance, strategy, commercial and delivery plans. More recently we have been supporting Network Rail design and implement its Putting Passengers First transformation programme. We are currently working with clients on various aspects of rail industry reform.
Within the IAG Transport team, the Rail team works with government and private sector clients on strategy development, business planning, project funding and financing, policy reform, organisational change, business case development and appraisal, and provision of buy/sell side advice for major concessions and franchise contracts. Our biggest clients include Network Rail, the Department for Transport, HS2 Ltd and major private sector owning groups.

The Role

In response to the increasing demand for advice surrounding the major structural changes in the UK rail industry including through Network Rail’s Putting Passengers First programme and implementation of the recommendations of the Williams Review, we are seeking high calibre consultancy professionals with a track record of providing strategic, commercial and financial advice to transport (in particular rail) and infrastructure clients.
Key responsibilities include:
- Supporting senior colleagues to provide our clients with advice on:
Development of business plans and delivery strategies
The strategic and commercial case for major rail infrastructure schemes
Development of policy and commercial aspects of industry reform
Business case development
Contract bidding and negotiation
- Financial analysis potentially including building, testing and evaluating both financial and economic models
- Preparing presentations, papers and reports for clients. Strong report writing skills are a must for any successful applicant
- Managing and delivering engagements, or discrete workstreams of engagements, to the highest standard, on time and to budget
- Specifying and managing the work of junior colleagues, and contributing to their professional development through coaching and mentoring
- Keeping abreast of developments in the industry in order to continue to broaden and deepen sector knowledge of the team
- Contributing to business development activities, leading proposals and leading on the origination of new ideas and propositions
- General project management and administrative activities
- Take on responsibility for delivering engagements in collaboration with senior colleagues. This will involve being able to scope work, develop project plans, deliver outputs and present to internal and external stakeholders.
- We encourage and expect all of our team to play an active role in engaging with clients and internal stakeholders. This includes building relationships, working closely on projects and presenting our findings
- KPMG has a values-based culture which all employees are expected to demonstrate and support.

The Person

Experience, Expertise and Skills:

- Experience working for or with an infrastructure advisory consultancy, transport / infrastructure operator (preferably in an internal consultancy-type role), or in project development/delivery within government
- Have demonstrable experience developing and applying strategic, commercial and financial advice, including developing business cases, for major public and/ or private investment in transport infrastructure
- Have a strong understanding of the governance and funding environment within which transport and infrastructure is delivered in the UK
- Excellent understanding of the infrastructure project lifecycle with a focus on business case development, delivery strategy and tender/ transaction support.
- Strong consultancy skills including client liaison and management, project management, ability to adapt to changing environments
- Strong analytical skills including economic and financial analysis, and evaluation of commercial interfaces
- Be an independent thinker with the ability to identify problems and contribute to the development of novel solutions, helping us to remain at the cutting edge of thinking in the sector
- Confidence in steering and managing the work of junior colleagues, ensuring that technical and analytical work is undertaken to the highest possible standard
- The ability to communicate complex concepts and analysis to colleagues and clients in plain English and with impact. This extends to developing and delivering compelling presentations and having excellent writing skills
- Flexibility and the ability to adapt to changing requirements
- The ability to develop work which anticipates and can withstand third party scrutiny and challenge.

KPMG's Infrastructure and Government (I&G) strategy team wants the right candidate for their London-based team. The team needs professional, talented individuals who have a passion for identifying, creating and delivering innovative solutions for public and private sector clients.


The I&G Strategic Advisory Services (SAS) team works with government and industry on the biggest, most complex and pressing strategic, policy and programme implementation issues.

We are looking for someone with experience in the Future Mobility sector to focus on this growing area of our work. We define Future Mobility as the de-carbonisation, digitalisation, and personalisation of transport through electric and alternate drivetrains, connected and autonomous vehicles, and Mobility-as-a-Service. The resultant ‘perfect storm’ is impacting automotive, supply chain, energy, technology, infrastructure, funds, transport operators, regional authorities and Government. Things are changing faster than expected driven by rapid developments in technology, regulation, competition and consumer behaviour. Over the next 5 to 12 years the organisations that we work with will require significant advisory support: multi £m transformations,multi £m deals, customer and industry 4.0 advice, strategic roadmap development and portfolio delivery. KPMG is establishing itself at the forefront of this change, creating new relationships and unlocking significant benefits for transport systems and society. Depending on the flow of work within the team you may also be required to work in other I&G sectors.

As part of a fast paced and dynamic group, practitioners will have the opportunity to advise on strategic options, business cases and operating models to public sector, agency and corporate clients.

Typically the advice we provide can be categorised as:
– Regulatory and Policy Strategy & Design (including Trend analysis and “Futures” scenario development, Futures Impact Assessments, and Policy development)
– Business & Digital Strategy and Service Design (including. Corporate & Business strategy development, Market analysis, Product capability assessment and development roadmaps)
– Portfolio Investment Strategy & Management (including Project appraisal, Business case development (all levels inc. Green Book), Funding strategies (commercialisation / partnerships (inc. PPP’s))
– Commercial Strategy and Complex Delivery Vehicle Design (including Market development & evaluation, Commercial strategies and scheme design (inc. SPVs), Commercial scheme development (inc. complex bi- and multi-lateral negotiations))
– Innovation Strategy & Delivery (including. Innovation Strategy development
– Proof of Concept, Pilot & MVP development, Scaling strategy and implementation planning); and,
– Operating Model development and Delivery roadmap design
It is an exciting time to join our team as we are growing rapidly and working on some fascinating public issues – including: the rise of autonomous vehicles, growing regional trade, and the future of the probation service. The team blends this with support to the largest infrastructure operators and infrastructure programmes in the UK.

The Role

To be an effective Associate Director within the team, applicants will be expected to:
– Lead the design of standard / complex engagements
– Present and refine business models and data analysis solutions through discussions with management
– Lead complex storyboarding and shape the issue identification and overall problem solving approach to develop recommendations
– Finalise the preparation of client deliverables and identify the critical areas for debate
– Maintain a balanced pipeline of engagements and business development opportunities which align with the team business plan
– Actively develop their own knowledge and expertise in chosen proposition(s) and sector of choice
– Proactively develop thought leadership related to the future of mobility
– Identify on-sell / cross-sell opportunities
– Be comfortable handling ambiguity and changing client demands
– Complete and take responsibility for KPMG’s ‘Engagement Management’ procedures on all engagements
– Build and maintain a strong internal and external network
– Demonstrate high levels of drive, ambition, and able to lead work at high levels of intensity
– Be comfortable having a visible market presence, attending conferences to represent KPMG, network, identify leads, and further KPMG’s reputation in the industry
– Contribute to service line development for Future Mobility Services delivered by SAS
– Participate in team governance activities
– Contribute to the personal development of team members

Most project work is undertaken in engagement specific, multidisciplinary teams drawn from across KPMG. As such, appreciating and managing management responsibilities and reporting lines, which change over time, is critical.

An Associate Director would be expected to:
– Build deep client relationships and be seen as the ‘go to’ person and a trusted adviser by C-level executives.
– Undertake scoping and fee negotiation on standard engagements
– Proactively manage upwards communication with the Partner and Director group


The Person

Essential
— Considerable experience of leading complex strategy projects, in relevant sectors, with multi-disciplinary teams in a consulting or corporate environment (a strategy house, big 4 firm or central strategy / corporate development team of a large company)
— Track record of working closely with Government/Infrastructure clients to deliver high impact recommendations and having a detailed understanding of the value drivers within the relevant sectors
— Experience of managing or supporting high value business development activities with senior public and private sector stakeholders
— Examples illustrating their collaborative and transparent team approach, readily sharing knowledge with the team, working through silos and respectful of others’ views and opinions
Desirable
— Current UK security clearance to SC or above

Expertise and Skills
— Excellent English written and oral communication skills
— Strong numerical capabilities combined with sound commercial acumen
— Evidence of strong problem-solving and analytical capabilities
— Ability to review and assess large volumes of technical data and distil the key strategic insights
— Ability to evaluate complex challenges and deliver insightful recommendations that can be practically executed
— Able to adapt quickly in changing circumstances, be an active learner and build innovative solutions

We are happy to consider flexible working arrangements.

The Team

KPMG’s Infrastructure Group in the UK consists of c200 professionals and is widely recognised as one of the world’s leading independent financial and business advisers in infrastructure.

We provide in-depth advice on the strategic, financial, regulatory and commercial issues driving investments in infrastructure across Transport, Power & Utilities, and Social Infrastructure in the UK and internationally. Our work includes market and policy design, economic analysis, deal structuring and execution, as well as strategic and transaction advice to enable private and public capital to fund infrastructure. We also work closely with other functions within KPMG to advise clients on mergers and acquisitions, valuations, tax, accounting, and due diligence.

The utilities sector is a key business area for the Infrastructure Group and encompasses work for the large clients in the sector including all of the leading UK energy and water companies. We provide in depth strategic and technical advice on corporate finance issues, corporate financial management; regulatory finance, regulatory policy, business and financial planning, as well as other issues affecting value. We are widely recognised by many industry stakeholders as one of the most innovative advisors influencing the future of the sector.

Our business is expanding rapidly and is looking for a high-quality candidate to support our Power & Utilities business, with a particular focus on the water sector.

The Role

- You would be joining the leading provider of strategic economic consultancy services in the water sector.
- While you will have specific responsibilities for contributing towards the team’s water business, there will also be opportunities to work in other sectors, primarily energy networks.
- Working closely with sector and subject matter experts you will develop to become the ‘go to’ person for water economic advice. This will involve developing an in-depth understanding of Ofwat’s regulatory framework.
- You will build relationships with key clients across the sector, as well as with other advisors (e.g. legal and engineering).
- The projects that you will advise on will be high profile and varied. For example, in recent years we have advised on the regulatory framework for the Thames Tideway Tunnel, every aspect of water companies’ business plans, bulk supply trading negotiations, Competition and Markets Authority re-determinations, major transactions, organisational transformations, and much more. If there is a large strategic project taking place in the sector, the chances are we will be advising on it.
- There is no ‘typical project’. You will need to apply a structured strategic approach to problem solving, drawing on established economic principles, while having the capacity to think creatively.
- The work will include a combination of report drafting, economic analysis, and engaging with clients.
- You will need to be comfortable managing, coaching, and mentoring junior staff on specific projects.

The Person

- We are looking for someone who is passionate to learn and develop in the sector, while taking responsibility for the quality of deliverables produced.
- You will have experience in the utilities sector, in the industry, at a regulator, or as a consultant ideally with water sector experience.
- You will have knowledge either of the regulatory frameworks for utility companies, micro-economics, or finance (ideally all three).
- You will bring excellent report writing, Excel and PowerPoint skills—strong writing and quantitative skills are a must.
- You will be comfortable and/or experienced in presenting to clients.
- Be a highly motivated, ambitious self-starter, willing to take advantages of the opportunities this position offers.

KPMG is part of a global network of firms that offers Audit, Tax, Pensions & Legal, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.


As a firm we help our clients navigate their biggest issues and opportunities. We aim to be universally recognised as a great place for great people to do their best work – a firm known for our collaborative and inclusive culture. And we will take pride in driving lasting, positive change in society.


With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

KPMG’s Infrastructure Advisory Group (IAG) is widely recognised as one of the world’s leading independent strategic advisors in the infrastructure sector. The group has won many awards, including financial advisor of the year (Infrastructure Journal). In the UK, the group consists of over 150 professionals, with locations in London, Birmingham, Manchester, Leeds and Edinburgh and is organised as a single national team.


We provide in-depth advice on the strategic, economic, financial and commercial issues driving infrastructure projects spanning the transport, power and utilities and social infrastructure sectors in the UK and internationally.


IAG’s Transport business provides market-leading advice to public and private sector clients including Department for Transport, Network Rail, Transport for London, Owning Groups, Train Operating Companies, Major Airports, High Speed 2, Highways England, Rail Delivery Group, as well as major city region authorities and local authorities.


Over the last decade we have undertaken key roles on high profile multi-billion pound projects and programmes across the UK, these include Crossrail 2, High Speed 2, Mersey Gateway, Northern Line extension and East West Rail. KPMG has long been a pre-eminent adviser in the rail franchising sector. Most recently, we have advised successful bidders on the East Midlands, West Midlands, South Western, East Anglia and TransPennine franchises. Our role in these competitions spans finance, strategy, commercial and delivery plans. We are currently supporting Network Rail design and implement its Putting Passengers First transformation programme.

Within IAG, the Rail team works with government and private sector clients on business strategy, organisational change, business case development and provision of buy/sell side advice for major concessions and franchise contracts. Our biggest clients include Network Rail, the Department for Transport, HS2 Ltd and major private sector owning groups.

The Role

In response to the increasing demand for advice surrounding the major structural changes in the UK rail industry including through Network Rail’s Putting Passengers First programme and implementation of the recommendations of the Williams Review, we are seeking high calibre consultancy professionals with experience in providing strategic, commercial and financial advice to transport and infrastructure clients.

Key responsibilities include:
- Supporting senior colleagues to provide our clients with advice on:
Development of business plans and delivery strategies
Commercial arrangements between rail industry participants
Development of bid strategy
Business case development.
- Financial analysis potentially including building, testing and evaluating both financial and economic models
- Preparing reports and/or bid delivery plans for clients. Strong report writing skills are a must for any successful applicant
- Managing and delivering engagements, or discrete workstreams of engagements, to the highest standard, on time and to budget
- Specifying and managing the work of junior colleagues, and contributing to their professional development through coaching and mentoring
- Keeping abreast of developments in the industry in order to continue to broaden and deepen sector knowledge of the team
- Contributing to business development activities, leading proposals and leading on the origination of new ideas and propositions
- General project management and administrative activities.
- Take on responsibility for delivering engagements in collaboration with senior colleagues. This will involve being able to scope work, develop project plans, deliver outputs and present to internal and external stakeholders.
- We encourage and expect all of our team to play an active role in engaging with clients and internal stakeholders. This includes building relationships, working closely on projects and presenting our findings.
- KPMG has a values-based culture which all employees are expected to demonstrate and support.

The Person

Experience, Expertise and Skills

- Experience working for or with an infrastructure advisory consultancy, transport / infrastructure operator, or in project development/delivery within government
- Have demonstrable experience developing and applying strategic, commercial and financial advice, including developing business cases, for major public and/ or private investment in transport infrastructure
- Have a strong understanding of the governance and funding environment within which transport and infrastructure is delivered in the UK
- Excellent understanding of the infrastructure project lifecycle with a focus on business case development, delivery strategy and tender/ transaction support.
- Strong consultancy skills including client liaison and management, project management, ability to adapt to changing environments
- Strong analytical skills including economic and financial analysis, and evaluation of commercial interfaces
- Be an independent thinker with the ability to identify problems and contribute to the development of novel solutions, helping us to remain at the cutting edge of thinking in the sector
- Confidence in steering and managing the work of junior colleagues, ensuring that technical and analytical work is undertaken to the highest possible standard
- The ability to communicate complex concepts and analysis to colleagues and clients in plain English and with impact. Preferably the ability to write to professional bid writing standard
- Flexibility and the ability to adapt to changing requirements.
- The ability to develop work which anticipates and can withstand third party scrutiny and challenge.