Rhoda is a Director in KPMG UK’s regulatory consulting practice with over 17 years experience in the Financial Services sector. Rhoda has led and delivered numerous regulatory transformation and remediation projects including governance and oversight framework reviews, assessment of culture and “tone from the top”, production of policy documentations, Risk Framework, Financial Conduct Authority’s (FCA) Client Asset CASS arrangements, development of the UK’s Financial Reporting Council (FRC) assurance risk and controls document and framework, Authorization application to the FCA with a focus on regulatory readiness and compliance.
Rhoda also provides Subject Matter Expertise input into market and industry forums. Prior to joining KPMG in 2016, Rhoda worked for two global investment banks JP Morgan and Barclays Capital.
- Regulatory remediation projects, compliance and operational readiness activities including issue identification, solution design and implementation planning and governance for global investment banks and platform firms.
- Assisting firms with the development and implementation their governance frameworks, board set up, relevant committee setup e.g. ARC, Client Asset committee, documentation of policies, Terms of reference, defining accountabilities through RACI matrices, three lines of defence, Management Information and providing governance benchmarking and insights reviews.
- Providing regulatory technical support to UK incoming firms by performing current state assessments, gap analysis, remediation planning and implementation delivery.
- Core assurance projects including controls design, controls assessment and controls testing for key operational processes
- Strategic solution design of global bank operational processes including identifying root cause of issues through detailed process, risk and controls mappings and developing strategic solutions to address identified issues.
- Post remediation and implementation reviews for regulatory compliance on a number of financial businesses such as Trading platforms, Banks, Custody, Wealth and Asset management etc.
- Working closely with the FCA and clients to deliver Skilled Person Section 166 reviews (Review and Recommend and/or Reasonable Assurance) in line with the Regulator’s Final Requirements Notice; with a focus on governance, Client Asset arrangements, Systems and Controls, Senior Management Certification Regime, outsourcing, training, staff skills and capabilities.
- Development of a Risk and Control Self-Assessment (RCSA) framework and Operational Resilience and Controls Framework training for a major stock exchange group.
- Developing risk and controls document in line with the FRC assurance standard including the development of a risk assessment methodology to assess inherent and residual risk.
- Impact assessment of the key UK, EU regulations and EBA guidelines (AML, JMLSG, PSR/PSDII, Strong Customer Authentication, GDPR/Data Protection, COBS, FSCS) for a recently implemented digital banking platform and a review of the Firm’s control environment including its governance framework.
Review of Third Party Risk Management Framework (TPRM) in line with the PRA’s supervisory statement 2/21.