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February 5, 2023

Where Does a KPMG Risk Consultant Go From Here?

If you're tired of listening to your stupid friends and co-workers try to give you professional/life/style/dietary/love/major purchase advice, why not turn to your friends at Going Concern for a little wisdom? You'll get the brutal honesty you're craving and if you don't like it, just write us a nasty email blaming us for all your problems. 

Hey Caleb,
 
I work in KPMG's "risk consulting" group. All my clients are banks and asset managers. I've been with the firm for a while and am starting to get very curious about exit opportunities. However, other than a handful of career routes that don't really interest me, I really have no idea what kind of firms and hiring managers would have an interest in someone with my background. Long story short – I want to know who would like to hire me.
 
Thanks,
Okay Klynveldian, let's try to sort this out. The statement confuses me a bit is "other than a handful of career routes that don't really interest me." Some additional details would have been helpful but presumably, you're talking about the types of clients you serve currently – banks and asset managers. Unfortunately, those are your best leads because, well, that's where your career experience lies. 
 
I'm always surprised by those people who obtain some – or in other cases, extensive – experience in an area only to admit that they don't enjoy the work. What the hell have you been doing all this time?  If you don't like working in an industry, city, country, or company, then why not change direction? Maybe I've got you all wrong Klynveldian and in you're actually referring to specific jobs as opposed to industries, but it's not clear from your email. 
 
Let's assume for a minute you are okay with banking or asset management. In terms of career paths, you could do much, much worse than these two industries. Both pay well and both need a lot of risk professionals. Banking will provide far more opportunities (i.e. number of jobs) while asset management will offer a more diverse selection of potential employers. Either way, you should have options.
 
If you're looking to get outside of financial services completely, then ask yourself this question – are there businesses out there that don't have risk? Can't think of any? Great, then you can probably be of great use to them, the "how" and "who" is where it will get tricky. 
 
The best thing you can do to get more ideas is to talk to those people that have left your group for jobs outside of banking, asset management or the House of Klynveld completely and also to a professional recruiter that specializes in placing people with your background. Good luck.

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