At a Glance
- Tasks: Join our team to tackle regulatory and risk challenges while developing your consulting skills.
- Company: KPMG is a leading global firm focused on delivering value through innovative solutions.
- Benefits: Enjoy a supportive learning community, professional qualifications, and flexible working options.
- Why this job: Make a real impact in a dynamic field while growing your expertise in risk management.
- Qualifications: GCSE Maths and English at Grade 5 or B, 120 UCAS points, and a 2:1 degree.
- Other info: Open access policy encourages diverse applicants; training includes Financial Risk Manager certification.
The predicted salary is between 36000 - 60000 £ per year.
Our Regulatory & Risk Advisory Graduate programme is designed to give you the experience and core consulting skills you need to get your career off to a flying start. You'll build your commercial understanding and business acumen to deliver real value to our clients straight away.
The work is not only interesting and varied, but it's also high profile. With the current economic climate and in a world of increasing complexity, clients and Regulators are focusing ever more closely on risk and regulatory issues.
You can expect to work in the following areas:
- Modelling and Model Risk Management: Model Risk is the potential for adverse outputs/outcomes from errors in business and financial models and inappropriate model use. Working with clients on their model development, validation and overall governance, you will also get the opportunity to learn coding languages as you support clients in a number of areas such as climate risk modelling and credit risk modelling.
- Financial Risk and Resilience: Support our clients across critical areas of prudential regulatory, ESG and insurance risks. This team of market leading experts provide services like assurance, deal support, and optimisation across critical board level topics.
- Wholesale: Work with a broad range of wholesale clients helping them to tackle a variety of challenges such as wholesale conduct risk, risk transformation, Internal controls and Non-financial reporting regulation.
- Retail: In retail, your focus will be on retail clients. You could be involved in conduct and consumer protection, operational resilience and CASS.
Client organisations vary, from global asset managers with operations in multiple jurisdictions to insurance clients to clients in the banking sector.
Our three-year programme gives you the chance to build your experience and develop your expertise in Risk management across the entire financial sector, as part of our 'learn for a lifetime' philosophy. With the support of our learning community, you’ll work toward a professional qualification, the Financial Risk Manager (FRM) certification.
You will be working across multiple teams that advise clients on dynamic regulatory compliance programmes and help them to integrate sustainability into Risk management functions to ensure they are doing right by the environment and society. You’ll also be helping our clients solve business problems by developing tailored and pragmatic solutions. It’s an endlessly fascinating area for our new graduate joiners where you can make a meaningful and positive difference.
If you’re curious, resilient and agile you could thrive with us.
Entry requirements
At KPMG, everyone brings a unique perspective, and we want to ensure that you have the best opportunity to demonstrate your potential. We want to discover your individual strengths and attributes to help us to know whether you’ll enjoy working here and how you’ll thrive. That’s why we operate an open access policy and an application process that will assess both your qualifications and your qualities.
Generally, you’ll be expected to demonstrate the following grades (*or equivalents), to show that you’re able to successfully study for professional qualifications. If you are a few grades or points short, we would still encourage you to apply, as your application will be reviewed together with your performance in our assessments. You’ll also have the opportunity to provide additional information for us to assess your application and potential in the context of your socio-economic background and/or any extenuating circumstances, which may have a positive uplift on your academic achievements through contextual recruitment.
- GCSE Maths Grade 5 or B
- GCSE English Language Grade 5 or B
- 120 UCAS points from your 'top' 3 A Level grades, excluding General Studies
- 2:1 undergraduate degree in any discipline.
Training and development
The training and development of our people is critical to the future success of our business. We want to empower you to grow in your own way, to feed your curiosity and embrace a growth mindset in an environment where learning is continuous. Therefore, we have created a rich curriculum and learning community to help you build your skills and fulfil your potential. This ranges from an immersive 5-day induction experience to help you transition to the world of work, formal training courses, leadership knowledge bites, learning journals, online courses and networking events - all aligned to our 'learn for a lifetime' strategy designed to help you gain an advantage for life.
In addition, on this programme, we currently offer the Financial Risk Manager (FRM) certification. The FRM Certification is delivered via online classroom live and in centre courses. It also has wrap-around support which consists of online portal, study tools and online mock exams meaning there is form of support for your every need.
This approach enables you to study and learn the content at a pace suited to your learning style, but ensures all are at the right technical level prior to stepping into revision elements, so you can focus on your exam technique before the exam. The structure of the programme spreads your examinations over the lifetime of the training contract so that you are able to build up your technical knowledge and can gradually apply what you are learning in training to your workplace experience.
In line with our hybrid model, you will be required to travel to our training partners offices, it is important that you read our guide on How to get the best out of our hybrid model.
Consulting - Regulatory and Risk employer: KPMG
Contact Detail:
KPMG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consulting - Regulatory and Risk
✨Tip Number 1
Familiarise yourself with the latest trends in regulatory and risk management. Understanding current issues, such as ESG compliance and model risk management, will help you engage in meaningful conversations during interviews and demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals already working in regulatory and risk consulting. Attend industry events or webinars to connect with potential colleagues and mentors who can provide insights into the role and possibly refer you to opportunities at StudySmarter.
✨Tip Number 3
Showcase your analytical skills by discussing relevant projects or experiences during your interviews. Whether it's a university project or an internship, highlight how you approached problem-solving and decision-making in complex situations.
✨Tip Number 4
Prepare for case study interviews by practising common scenarios related to regulatory challenges. This will not only boost your confidence but also equip you with the skills to think critically and present solutions effectively, which is crucial for this role.
We think you need these skills to ace Consulting - Regulatory and Risk
Some tips for your application 🫡
Understand the Role: Before applying, make sure you thoroughly understand the responsibilities and expectations of the Consulting - Regulatory and Risk position. Tailor your application to highlight how your skills and experiences align with the specific areas mentioned in the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise any relevant experience you have in risk management, regulatory compliance, or consulting. Use specific examples to demonstrate your understanding of model risk management, financial resilience, or client advisory roles.
Showcase Your Skills: Make sure to showcase any technical skills that are relevant to the role, such as proficiency in coding languages or experience with financial modelling. Mention any certifications or training that relate to financial risk management or regulatory compliance.
Personalise Your Application: Avoid generic applications. Personalise your cover letter by addressing it to the hiring manager if possible, and express your genuine interest in the company and the specific programme. Mention why you believe you would thrive in their learning community and contribute positively to their teams.
How to prepare for a job interview at KPMG
✨Understand the Regulatory Landscape
Familiarise yourself with current regulatory issues and trends in the financial sector. Being able to discuss recent developments will show your genuine interest and understanding of the field.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical abilities, especially in relation to model risk management and financial resilience. Be ready to discuss any relevant projects or coursework that highlight these skills.
✨Showcase Your Curiosity
Express your eagerness to learn and grow within the role. Discuss how you plan to leverage the training and development opportunities offered by the company to enhance your expertise in risk management.
✨Prepare Thoughtful Questions
Have a list of insightful questions ready to ask at the end of the interview. This could include inquiries about the team dynamics, specific projects, or the company's approach to sustainability in risk management.