Promontory Senior Principal Consultant

IBM; Boston (MA); Hybrid; USD 127,000 - 198,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

IBM Promontory Australia is seeking a Senior Principal Consultant to lead regulatory and risk management engagements for financial services clients. You will define strategic solutions, guide conduct risk programs, and drive high-quality deliverables while building lasting client relationships.

The role requires extensive experience in governance, risk and compliance, with the ability to navigate complex regulatory landscapes and lead multidisciplinary teams in a hybrid work environment.

Qualifications

• Minimum 8–10 years’ experience across governance, risk management, compliance, operations risk, superannuation, regulatory consulting and/or financial services firms.
• Direct exposure to non-financial risk management areas such as operational risk or resilience is advantageous.
• Demonstrated ability to build and manage project teams in high-pressure environments.
• Track record in unstructured settings with creative problem solving for clients.

Responsibilities

• Act as a trusted client contact and manage day-to-day project delivery with quality and budget adherence.
• Lead and coordinate project teams to address complex regulatory issues.
• Prepare deliverables and presentations, contributing to reports for regulatory engagements.
• Foster integrity, ethics and strong client relationships across the industry.

Skills

Regulatory compliance

Risk management

Conduct risk

Client engagement

Team leadership

Education

Bachelor's Degree

Job description

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 Senior 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.

IBM Promontory, a business unit of IBM Consulting, is the premier consulting firm for financial services companies.IBM Promontory excels at helping clients resolve critical issues, particularly those with a regulatory dimension.

Promontory professionals have unparalleled regulatory experience and insight, and provide our clients with frank, proactive advice informed by best practices and regulatory expectations.

Promontory Australia is a boutique operation and maintains links to the US and UK.Our consultants in Australia have diverse backgrounds from regulatory authorities, industry and consulting.

In recent years Promontory has completed a number of high profile engagements with Australian financial institutions and due to a strong pipeline of work we are looking to expand our team with a highly skilled, adaptable and dependable individual to join the high performing team.

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.

Your role and responsibilities

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:

• Act as a trusted client point of contact on a day-to-day basis.
• Manage projects and associated staff on a day-to-day basis contributing to engagements being delivered to a high quality standard within set budgets.
• Undertake analysis as directed and take responsibility for the preparation of project deliverables, including reports and presentations.
• 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.

As a Strategy Consultant specializing in Compliance & Conduct Risk, you will advise and strategize with clients to develop solutions that address their most complex regulatory issues while minimizing overall risk and aligning with their business strategy. You will work predominantly with financial institutions, providing expert guidance to navigate intricate regulatory landscapes.

Your primary responsibilities will include:

• Develop Regulatory Solutions: Collaborate with clients to design and implement tailored solutions that mitigate compliance and conduct risks, ensuring alignment with their strategic objectives and business goals.
• Strategize Risk Minimization: Advise clients on effective strategies to minimize their overall risk exposure, taking into account the complexities of regulatory requirements and industry best practices.
• Provide Expert Guidance: Offer authoritative counsel to clients on regulatory matters, leveraging deep expertise in compliance and conduct risk to inform their decision-making processes.

Required education

Bachelor's Degree

Preferred education

Bachelor's Degree

Required technical and professional expertise

• At least 8-10 years’ experience in areas such as governance, risk management, compliance, operations risk, superannuation, regulatory consulting and/or financial services firms.
• Direct exposure to specialist areas relating to non-financial risk management, such as operational risk, operational resilience, technology risk and/or data management will be seen as an advantage.
• Demonstrated experience in building and managing project teams to address complex issues in high pressure situations.
• Track record working in an unstructured environment where engagement leaders are expected to identify and develop innovative approaches and solutions to address client challenges.
• Deep Expertise in Regulatory Compliance: Proven experience in developing and implementing regulatory solutions for financial institutions, with a strong understanding of compliance and conduct risk management.
• Strategic Risk Management: Experience in designing and executing strategies to minimize risk exposure for clients, taking into account regulatory requirements and industry best practices.
• Industry-Specific Knowledge: In-depth knowledge of the financial services industry, including its regulatory landscape, business operations, and strategic objectives.
• Solution Development: Experience in collaborating with clients to design and implement tailored solutions that address complex regulatory issues and align with their business strategy.
• Authoritative Counsel: Proven ability to provide expert guidance to clients on regulatory matters, leveraging deep expertise in compliance and conduct risk to inform their decision-making processes.

Preferred technical and professional experience

• Tertiary qualifications in Commerce, Finance, Law or Business Administration with postgraduate qualifications highly regarded.
• Advanced Regulatory Knowledge: Experience with regulatory frameworks and standards governing financial institutions, including anti-money laundering, data protection, and financial reporting requirements.
• Enterprise Risk Management: Deep understanding of enterprise risk management principles, including risk assessment, mitigation, and monitoring, with the ability to apply this knowledge in a consulting setting.
• Financial Services Acumen: In-depth knowledge of financial services products, services, and operations, including banking, securities, and insurance, with the ability to understand the complexities of these businesses.

ABOUT BUSINESS UNIT

IBM Consulting is IBM’s consulting and global professional services business, with market leading capabilities in business and technology transformation. With deep expertise in many industries, we offer strategy, experience, technology, and operations services to many of the most innovative and valuable companies in the world. Our people are focused on accelerating our clients’ businesses through the power of collaboration. We believe in the power of technology responsibly used to help people, partners and the planet.

YOUR LIFE @ IBM

In a world where technology never stands still, we understand that, dedication to our clients success, innovation that matters, and trust and personal responsibility in all our relationships, lives in what we do as IBMers as we strive to be the catalyst that makes the world work better.

Being an IBMer means you’ll be able to learn and develop yourself and your career, you’ll be encouraged to be courageous and experiment everyday, all whilst having continuous trust and support in an environment where everyone can thrive whatever their personal or professional background.

Our IBMers are growth minded, always staying curious, open to feedback and learning new information and skills to constantly transform themselves and our company. They are trusted to provide on-going feedback to help other IBMers grow, as well as collaborate with colleagues keeping in mind a team focused approach to include different perspectives to drive exceptional outcomes for our customers. The courage our IBMers have to make critical decisions everyday is essential to IBM becoming the catalyst for progress, always embracing challenges with resources they have to hand, a can-do attitude and always striving for an outcome focused approach within everything that they do.

Are you ready to be an IBMer?

ABOUT IBM

IBM’s greatest invention is the IBMer. We believe that through the application of intelligence, reason and science, we can improve business, society and the human condition, bringing the power of an open hybrid cloud and AI strategy to life for our clients and partners around the world.

Restlessly reinventing since 1911, we are not only one of the largest corporate organizations in the world, we’re also one of the biggest technology and consulting employers, with many of the Fortune 500 companies relying on the IBM Cloud to run their business.

At IBM, we pride ourselves on being an early adopter of artificial intelligence, quantum computing and blockchain. Now it’s time for you to join us on our journey to being a responsible technology innovator and a force for good in the world.

IBM is proud to be an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, neurodivergence, age, or other characteristics protected by the applicable law. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

OTHER RELEVANT JOB DETAILS

Job Title

IBM Promontory Senior Principal Consultant

Job ID

113397

City / Township / Village

MELBOURNE, SYDNEY

State / Province

Country

Australia

Work arrangement

Hybrid

Area of work

Consulting

Employment type

Regular

Position type

Professional

Up to 20% or 1 day a week

Company

(0008) IBM Australia Limited

Shift

General (daytime)

Is this role a commissionable/sales incentive based position?