FSO Risk Senior Consultant

Location: Makati City, Metro Manila
Work Setup: Hybrid
Work Schedule: Monday to Friday
Employment Type: Full-time

Job Summary

We are seeking an FSO Risk Senior Consultant to support and lead key activities across risk advisory engagements for banks, financial institutions, and other financial services organizations. The role focuses on risk management, internal controls, regulatory compliance, and risk-based assurance, helping clients identify business and financial risks, assess control effectiveness, and strengthen governance and compliance practices.

The successful candidate will work closely with engagement leaders, project teams, and client stakeholders to execute risk advisory projects, evaluate risk and control frameworks, analyze business and financial data, and develop actionable recommendations. The role also requires strong project coordination, quality assurance, and client communication skills to ensure timely and effective delivery of engagement objectives.

Key Responsibilities

Risk Management and Internal Controls

• Lead assigned workstreams involving risk assessments, internal control reviews, and operational risk management engagements.
• Evaluate business processes, risk management frameworks, policies, and control activities to identify control gaps and improvement opportunities.
• Assess the design and operating effectiveness of internal controls and risk mitigation measures.
• Identify control deficiencies, process inefficiencies, and emerging risks, and develop practical recommendations.
• Support the enhancement of governance, risk management, and internal control frameworks.

Financial Services and Regulatory Advisory

• Execute risk advisory engagements for banks, financial institutions, and other regulated organizations.
• Assess compliance with applicable laws, regulations, industry standards, and internal policies.
• Perform regulatory compliance assessments, independent compliance testing, and risk management reviews.
• Support engagements involving financial risk management, operational risk, internal audit, and regulatory requirements.
• Research regulatory developments and translate relevant requirements into practical client recommendations.

Audit and Assurance

• Coordinate and execute risk-based assurance and internal audit procedures, including planning, walkthroughs, fieldwork, control testing, and documentation.
• Review supporting evidence and evaluate the effectiveness of business processes and controls.
• Analyze identified deficiencies, assess potential risk implications, and formulate remediation recommendations.
• Review working papers, risk assessment reports, presentations, and other engagement deliverables for accuracy and completeness.

Engagement Management and Data Analysis

• Gather and analyze business, financial, and operational data to support risk assessments and advisory recommendations.
• Use Microsoft Excel and relevant analytics tools to identify trends, exceptions, and control issues.
• Coordinate with engagement teams, data analytics specialists, and client stakeholders to ensure quality and timely delivery.
• Monitor assigned project activities, manage competing priorities, and help ensure compliance with engagement timelines and quality standards.
• Participate in client meetings, present findings, and communicate recommendations to relevant stakeholders.
• Provide guidance and support to junior team members on assigned engagement activities, as applicable.

Qualifications

• Bachelor's degree in Accountancy, Finance, Business Administration, Economics, Management, or a related field.
• Relevant professional experience in risk advisory, financial services, internal audit, regulatory consulting, compliance, or enterprise risk management, with demonstrated experience commensurate with a senior consultant role.
• Strong understanding of risk management principles, internal controls, business process assessment, and governance, risk, and compliance frameworks.
• Experience executing risk assessments, control testing, internal audit procedures, or regulatory compliance reviews.
• Familiarity with banking operations, financial institutions, and applicable regulatory requirements.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Strong analytical, problem-solving, report-writing, and presentation skills.
• Ability to manage engagement workstreams, coordinate with stakeholders, and review deliverables.
• Strong written and verbal communication skills and the ability to work effectively in a consulting environment.

Preferred Qualifications

• CPA, CIA, CISA, CRMA, or other relevant professional certification.
• Experience in a professional services firm, bank, financial institution, or risk management and compliance function.
• Exposure to enterprise risk management, operational risk, financial risk, or regulatory risk.
• Familiarity with BSP regulations and banking risk management requirements.
• Knowledge of COSO, ISO 31000, COBIT, or similar frameworks.
• Experience with Power BI, Power Query, Alteryx, Power Automate, or other analytics and automation tools.
• Exposure to AML, Data Privacy, SOX compliance, or specialized regulatory advisory engagements.

Core Competencies

• Financial Services Risk Advisory
• Risk Assessment and Internal Controls
• Governance, Risk, and Compliance
• Regulatory Compliance and Assurance
• Internal Audit and Control Testing
• Financial and Operational Risk Analysis
• Engagement and Workstream Management
• Data Analysis and Reporting
• Quality Assurance and Review
• Client Relationship and Stakeholder Management