Wealth & Asset Management Consulting - Associate Director - ERS

• Drive origination of new engagements across WAM segments — private wealth, institutional asset management, family offices, sovereign wealth funds, and digital wealth platforms.

• Build and maintain a pipeline of qualified opportunities, working closely with the Partner group and leveraging personal and institutional networks across the GCC and broader MENA region.

• Develop compelling thought leadership, proposals, and point-of-view content to differentiate the firm's WAM proposition.

• Manage and grow strategic alliances in the WAM sector aligned to KPMG bridge campaign. This includes Blackrock Alladin and State Street Alpha.

• Support the development of the firm's go-to-market strategy for WAM in the Middle East, including coverage model, service lines, and target client prioritisation.

Client Engagement & Delivery

• Lead large-scale Risk & Regulatory Affairs engagements within the Wealth & Asset Management sector, including regulatory compliance reviews, operating model transformation, governance enhancement, and risk framework implementation.

• Advise boards, executive management, and risk committees on regulatory expectations, emerging risks, and industry-leading governance practices.

• Deliver projects across enterprise risk management, operational risk, compliance, conduct risk, third-party risk, model risk, investment governance, and financial crime compliance.

• Support clients in responding to regulatory changes issued by regional regulators including ADGM, DIFC, SCA, CMA, QCB, and other GCC regulatory authorities.

• Lead risk assessments, gap analyses, remediation programs, target operating model design, and regulatory transformation initiatives.

• Oversee quality assurance, client satisfaction, project economics, and delivery excellence across multiple engagements.

• Serve as the day-to-day client relationship owner for key accounts, ensuring satisfaction, quality, and commercial outcomes.

• Structure and scope engagements, manage project economics, and oversee teams of consultants and analysts.

People & Team Leadership

• Recruit, develop, and retain consulting talent within the WAM practice, acting as a mentor and performance coach.

• Actively contribute to the firm's WAM knowledge base, internal capability development, and cross-practice collaboration.

• Foster an inclusive, high-performance team culture aligned with the firm's values.

Thought Leadership & External Presence

• Represent the firm at industry events, forums, and roundtables relevant to wealth and asset management in the region.

• Publish insights on regional WAM trends, regulatory developments, and market shifts in collaboration with Marketing and Communications.

• Build the firm's profile as a leading voice in GCC wealth management transformation.

Experience Requirements

Essential

• 10+ years of experience within Risk & Regulatory Affairs, Financial Services Risk Consulting, Internal Audit, Compliance, or Enterprise Risk Management .

• Proven consulting experience gained within a Big 4 firm, global consultancy, or specialist risk advisory practice.

• Strong experience serving Wealth Management, Asset Management, Private Banking, Investment Management, Capital Markets, or Sovereign Wealth Fund clients.

• Deep knowledge of:

• Enterprise Risk Management (ERM)

• Regulatory Compliance

• Governance Frameworks

• Operational Risk

• Conduct Risk

• Internal Controls

• Operational Resilience

• Risk and Control Self-Assessments (RCSA)

• Compliance Monitoring Programs

• Regulatory Change Management

• Experience interacting with regional regulators and working knowledge of ADGM, DIFC, SCA, CMA, QCB, CBB, and related regulatory frameworks.

• Demonstrated experience leading large-scale risk transformation and regulatory remediation programs.

Preferred / Advantageous

• Experience leading or supporting practice-building or market-entry initiatives in the region.

• Prior exposure to sovereign wealth fund advisory or Ultra-High-Net-Worth client segments.

• Familiarity with key regional WAM technology platforms and fintech landscape.

• Experience in a dual-hat role (industry leadership + external advisory) or within a captive consulting unit of a financial institution.

Core Competencies

Leadership & Commercial

Technical & Domain

▸ Client relationship management & influence

▸ WAM operating models & value chain

▸ Business development & pipeline ownership

▸ Investment products & portfolio management principles

▸ Engagement structuring & P&L management

▸ Regulatory & compliance landscape (MENA)

▸ Team leadership & talent development

▸ Digital transformation & wealthtech

▸ Executive communication & storytelling

▸ Stakeholder management at C-suite level

Qualifications & Credentials

• Bachelor's degree in Finance, Economics, Business Administration, or a related field — required.

• Master's degree (MBA, MSc Finance, MSc Wealth Management) from a recognised institution — strongly preferred.

• Familiarity with ADGM / DIFC regulatory frameworks and local licensing requirements — advantageous.

Languages & Personal Attributes

• English — fluent, essential (professional written and verbal communication at board level).

• Arabic — highly desirable; adds significant value in client relationship management and regional business development.

In addition to domain expertise, the successful candidate will demonstrate:

• Entrepreneurial mindset — comfortable with ambiguity, building from a base, and driving outcomes with limited infrastructure.

• Cultural intelligence — deep respect for and sensitivity to Gulf business culture, social norms, and relationship-driven commercial practices.

• Intellectual rigour — ability to navigate complex, multi-stakeholder problems with structured thinking and creative problem-solving.

• Executive presence — confidence and composure when engaging with senior client leadership, regulators, and industry peers.

• Resilience — thrives under pressure, manages competing priorities, and maintains high standards of quality and professionalism.

Career Progression & Opportunity

This role represents a significant opportunity for a senior consultant or experienced industry professional to shape the growth of a high-priority practice at a critical moment in the development of the Middle East's wealth management ecosystem.

The successful candidate will benefit from:

• Exposure to some of the most complex and high-profile mandates in the region, including sovereign-linked institutions and leading regional private banks.

• A competitive compensation package commensurate with the seniority of the role, including base salary, performance bonus, long-term incentive eligibility, and benefits aligned to regional norms.

• Access to the firm's global WAM network, knowledge capital, and proprietary frameworks and assets.

Source: KPMG Lower Gulf careers page