How are things going?

Glad it was helpful! Sample testing is basically what you do when it comes to testing the operating effectiveness of a control. You would select from a population of scenarios and that selection you make is sample testing. You will check for control attributes and test the control this way. Hope that makes sense :)

Hey, how you have joined the internship?

how was the risk advirsoy internship, any tips/

Thanks for the info!

Hey, I realise this comment is old but maybe you'll see this reply. Isn't cyber security at KPMG UK a whole different grad scheme to Tech Risk? Tech Risk has always been described to me as IT audit, whereas cyber risk consulting in the big 4 grad schemes is different. Would you be able to elaborate how your work in 'cyber security'/tech risk is similiar to audit work? Thanks a lot in advance!

Thanks for reminding me how long I have been working lol. Yes, you're right, since 2014 due to the growing demand for cybersecurity, KPMG UK started to conduct a graduate scheme focussed on Cyber. Previously it was under Tech Risk whereas about 70 grads would make the cut and then rotate around Tech Risk, Cyber, IT Audit, IT Resiliency, and Data. After 3 years they could choose where they want to progress in their career. On the second question, companies face many types of technology risks, such as cyberattacks, service outages, service failure, data integrity, etc. Cyber is one risk under Tech risk but it's not the only one. My work, when I was doing consulting in Cyber was to build and transform security capabilities. E.g. Build a Security Operations Centre, Develop Security Strategy for the next 5 years, Write Security Policy. Right now as a cybersecurity auditor, I assess what other people have done i.e. check for adequacy and effectiveness.

Thanks for your reply and sorry for the reminder haha. That's surprising to me that it used to be all grouped under tech risk, but times change quickly. In terms of the work you mentioned - setting cyber strategy etc, I assume you didn't get involved with too much technical work, or am I assuming wrong haha? Also, if you don't mind me asking, how come you transitioned from cyber to audit?

Glad it was helpful!

You're so welcome!

I wouldn't say its strict, nor is there alot of paperwork. It wouldn't be different to any other job out there.

so sweet - thank you! Just focus on building your personal brand (i.e. getting involved in activities outside of study), as alot of firms like those that have extra curricular activities. Also try to maintain decent study scores if you can - i know i didnt haha but i was also working during my full time uni. See if you can work during this time as well - that would be a massive push for your CV! Good luck!

Glad it was helpful!

Hey there, I wouldn't say its heavily. It is very minimal the usage and even then it is at a very basic level. You can try and learn the v-lookups etc to help sort data and matching etc. but I wouldn't stress too much about it. There are internal audit specific software programs, however they were specific to KPMG. Also not many numbers/calculations, as it is not an audit role :) Hope that helps!

Oooh best of luck with the graduate application process! Email me if you need any help!

Deals i.e. transaction services or valuations, would be a better stepping stone to M&A or investment banking, if that's your forte.

@@Swanmaster123 i ended up going into audi and assurance for banks. Currently doing an internship at a government agency

Thank you so much 🙂

Hey so what’d you pick?

Yea what did you pick

@@karenpatricia27 I chose risk but I already quit from the firm. Here in my country, we get overworked, a lot of times we work over 12 hours a day and sometimes we were asked to come to work during the weekends. I am now working as an ERP consultant.

@@alcalc7428 wow yea I’ve heard of the overworked hours in the firms but it’s good that you worked for EY in the risk position I think is a good career too , congrats on your new role!

@@karenpatricia27 yes it is a good and valuable experience but the Brand name and this valuable experience is what they use as excuse to overwork you af. I am already suffering from a bad mental health issue and I couldn’t risk it deteriorating even further by getting burned out from overwork so I quit.

Hey Varun - I think starting off at the big 4 was one the best decisions of my life as I learnt so many technical skills which I could take on with me throughout my career. With any job there is admin stuff, but i felt I had a good balance of day-to-day work and admin tasks as well. Each firm might be different though.

What a great idea! Definitely can do! thanks :)

Glad it was helpful!

haha thank you but my jewellery is very simple. I always wear my "om" necklace and just wear any gold earrings hehe :)

You will get a hang of it once you actually work :) It will come to you!

It could be helpful but its not necessary.

@@successbysanjna I see!. So what's the 100% necesarry thing to learn?

Thanks for the sub!

I would say both are equally as good. It's really up to you and what you prefer...

@@successbysanjna thanks 😊

@@successbysanjna hey sanjana, what is your opinion on the career in AP?

All the best! Hope you enjoy it! :)

@@successbysanjna I hope I do to your video gave me an insight I’m disappointed that KPMG didn’t fall through thier promise with you as you seem very dedicated to the role and your experience with them speaks volume they have lost a star in my option it’s thier loss not yours tbh my role is qa risk and controls for management services I’m guessing it’s the same role you did

@@samahmad8203is it okay to know if what are the questions during your interview?

Hey, where r you joining?

Thank you so much!!! These are great ideas! Appreciate it. Will definitely add them to my list :)

It depends what you want to do afterwards. Why would the exit opportunities be limited, when you want to stick to risk? Unless offcourse you want to change career paths completely.

@@successbysanjna Is it difficult to move out of risk? For example moving to strategy or TAS within the same Big 4.

Hi Beth, I definitely had no extreme hours working in the Risk consulting/internal audit division at KPMG. This division definitely has more of a work life balance as compared to External Audit. I suggest reaching out to people from LinkedIn to really get a good idea :)

Well, tbh there is no "best certification" for risk management. When i was a graduate, there were people from all different fields (engineering, science, psychology etc.) but i suggest doing something within the commerce/business/economics field just to get a better understanding of the corporate world. Although it is not necessary - hope that helps!

Thank you so much 😀

Thank you! Sometimes those words can be used interchangeably, however an internal is someone who reviews the processes and risks of a firm and provides solutions/recommendations (usually 2nd/3rd line risk), whereas a risk adviser might be someone who advises the company and would be 1st line risk :)

@@successbysanjna so can you please tell me the scope of those fields in future or job opportunities in corporates in same field.....as you have great experience. Thanking you in advance for all your replies and support 👍

@@divyanshutigunayak8071 are you doing job ??

Yes....I am pursuing a CA Articleship from an Indian Top 20 CA Firm....in Internal Audit department.... actually at that time I was looking for such Articleship program in any one of these departments.....so i asked that question to you....but still I want answer to that question...😊

100% - there is no specific degree required to be within the risk field.

Hey there! That's pretty cool to hear you've cool both offers! I would suggest working at the Big 4 accounting firm first, given you are fresh out of uni, this would be perfect in terms of opportunities down the track. You also get to learn more at a faster pace than compared to the banks. You can always transfer later and work for banks once you decide you've had enough with the big 4 culture :) Good luck with it!

@@successbysanjna sweet thanks a lot for your time

Hey did you get into the GRC role?

@@ashishyadav-yb6tx hey, I got into Risk Analyst in Cyber Security.

Hi there! Thanks for the question :) I definitely think there is a chance to get into risk advisory without even a degree haha. It is one of those professions which UNI can't get you prepared for. I'm not sure about the process in Germany thought, in Australia it is pretty easy to get through. I suggest talking to someone who works where you want to work :)

@@successbysanjna thx for ur response, meanwhile I've talked to someone who is responsible there. He answered the same, that u already did. For me personally it's a new "adventure" being in a B4, but in difference to Australia, the "Examen" is an extra graduation for people who want to do the annual accounts. And I'm pretty sure that this is not my case :D And I want to add that it is the hardest graduation that u can make in Germany if u want to study sth. with economics.. So now I'm reassured that u don't need to go this way if u want to have a career there. Do u work as a consultant or sth like that? Greetings

Thanks! Risk consulting is essentially a job that will have CRO prospects if you pursue it all the way through, whereas external audit will be more like CFO :) Please email me if you have any further questions! :)

Thank you! Cheers!

Hey sorry I never worked there, so I wouldn't know.

@@successbysanjna ohk

It is very similar. Some divisions just like to add fancy names. I would suggest having a read of the job description to see what you're applying for, just to be safe.

@@successbysanjna Thanks

I assume it would be pretty similar if not the same.

Not at all! :)

@@successbysanjna thank you! :)

Hi Wang, you can book in a 1:1 call with me over on my website successbysanjna.com :)

You can do your Internal Audit Certificate if you really wanted to :)

Not really, but it depends. All my clients were already in the city so I didn’t have to much :)

I did B.Com with majors in economics and commercial law :) Studied at Macquarie University in Sydney!

Economics and Commercial law :)

Definitely try it out!

kzfaq.info/get/bejne/irt_erFzup-0c6M.html

Yes it is :)

Was a pretty long video also 😊

Yes especially in Australia this department is booming with work. I'm sure it would be like this around the globe too.

January :)

and what's the problem with that? I like it that way better.

@@successbysanjna nothing wrong with that. Except for the pronunciation

Oh thank you! :) So sweet of you!