Job Information
Deloitte Merger & Acquisition Restructuring Services (MARS) Quality & Risk Manager in San Jose, California
The MARS Quality and Risk Manager (QRM) will support internal client service engagement teams performing services in connection with a clients' potential acquisition or divestiture of assets or a business. The specific responsibilities of the MARS QRM will include leading consultations with client engagement teams by reviewing, drafting and negotiating client service contracts and third party access letter agreements, advising on interfirm agreements and related cross border engagement considerations, analyzing potential engagement conflict and ethical wall matters, managing confidentiality for MARS engagements and practitioners , advising on independence considerations, evaluating client acceptance and other engagement matters. This position will also assist with compliance responsibilities such as policy manual updates, coordination of internal practice reviews, among others, as well as leading presentations and training and preclearing external communications such as eminence material and proposals. This position can be filled from any of our MARS offices and will involve limited travel.
Work you'll do:
The key responsibilities of the MARS QRM include:
Client Engagement Responsibilities:
Contracting
Advise on contract structuring, drafting customized contractual provisions and performing risk reviews to help mitigate exposure
Support contract negotiations by developing tactics for negotiations to help resolve contractual issues
Advise on operational aspects of contracts to support engagement management
Consult with Office of General Counsel (OGC) on contracting matters
Third Party Access Letters:
Review and modify audit and tax workpaper access letter agreements from other firms that are to be executed by the MARS engagement team
Consult with MARS engagement teams on our policies, practices and letters for access to our deliverables by a:
Co-investor
Lender / Financing Source
Insurance Broker and Insurance Provider
Any other third-party
Crossborder Engagements
Review interfirm agreements and advise engagement teams on marketplace practices
Review member firm engagement letters, as needed, to assess subcontractor protections and touchpoints with the US (e.g., third party reliance)
Conflicts:
Evaluate reports generated from internal systems and research potential conflict matters related to:
Bankruptcy conflicts and disinterestedness considerations
Litigation matters involving MARS clients/counterparties
Business Relationships
Identified as the "go-to" resource to address questions from engagement teams related to conflict matters
Gather conflict data points and present to leadership
Consult with engagement team, national conflicts, OGC on such conflict matters as needed
Research and monitor media/articles regarding above as needed
Client and engagement acceptance
- Understand the client acceptance policy and requirements to address any questions from the engagement team and client acceptance processing team
Independence (SEC and AICPA)
Understand how such rules apply to MARS services when such services involve a restricted entity
Lead the coordination, monitoring and tracking of practice reviews for annual selection of Advisory PPMDs
Identify lessons learned for broader MARS practice
Identify any changes to MARS policy manuals including, changes to lender and co-investor access letters and interpretations of policies
Request executed lender and co-investor access letters in an effort to track and maintain precedent library
Revise the various MARS engagement, access and other form letters for modifications / streamlining
Update letters to contract maker and manage internal MARS DeloitteNet site
Coordinate with Office of Confidentiality and manage confidentiality processes
Develop, coordinate and present of risk topics at MARS quarterly staff meetings
Update and present New Hire MARS risk training materials and e-learning courses
Monitor confidentiality e-learning course
Monitor new hires taking the confidentiality e-learning within two weeks of joining the MARS practice
- Review and modify to comply with external communications policy
Understand latest geopolitical, economic, global trends and its potential impact to MARS (e.g., SPACs, covid, sanctions, etc.)
Proofread, prepare and distribute risk and practice alerts
Develop guidance for emerging practice issues to be included within risk/practice alerts
Research hot topics in the marketplace
Manage lender access benchmark statistics
Support any special projects (automate access letters, new MARS tools, etc.)
Ability to perform job responsibilities within a hybrid work model that requires US Tax professionals to co-locate in person 2 - 3 days per week
Experience Requirements: Minimum 5 years of consulting, contracting, and management experience
Education: BBA/BA/BS in related field and experience delivering M&A client services is desirable
Experience in drafting and negotiating letter agreements related to M&A
Experience and ability to work directly with senior level individuals (internally and externally)
One of the following Accreditations obtained:
Licensed CPA in state of practice/primary office if eligible to sit for the CPA
If not CPA eligible:
Licensed attorney
Enrolled agent
Travel Requirements: Willingness and ability to travel approximately 10%, flexibility required based on candidate location and role
Strong research, problem-solving skills, collaboration, and networking skills
High degree of curiosity and experience with and comfort in discussing and understanding M&A contracts/letter agreements
Ability to evaluate risks associated with engagements related to conflicts, third party access and cross border matters.
Ability to verbalize opinions that provide the appropriate support to all levels of leadership
Trusted Advisor - extensive track record of success in QRM and/or in a QRM Risk Manager role
Balanced - is practical and has the ability to balance risk appetite with growth objectives
Results-orientation - has the ability to get things done effectively
Implementation orientation - has the ability to drive alignment and implement training on MARS risk matters, including contracts/letter agreements and quality
Leadership - has the ability to deal with adversity and ambiguity, and make the right decisions in a timely manner
Strong oral and written communication skills and the ability to construct and negotiate sufficient contractual provisions addressing business issues (e.g., third party access, etc.)
Ability to bring fresh ideas and thinking to help QRM serve the changing needs of MARS
Ability to work autonomously in a matrixed, fast-paced, multi-task environment
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $109,200 to $181,900.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
Information for applicants with a need for accommodation:
https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.