Prudential Regulation Senior Manager - Banking & Capital Markets
Posted on Jan 21, 2019 by PWC-1
A career within Regulatory Risk and Compliance services, will provide you with the opportunity to help companies rethink their approach to risk and create a sustainable risk advantage. We're a part of a unique client proposition, assisting our clients develop proper internal controls by leveraging analytics and technology solutions to underpin efficient execution of governance, to optimise their risk and compliance policies and processes, and improve business performance.
As a Senior Manager, you'll work as part of a team of problem solvers with extensive consulting and industry experience, helping our clients solve their complex business issues from strategy to execution. Specific responsibilities include but are not limited to
- Proactively assist in the management of a portfolio of clients, while reporting to Directors and above
- Be involved in the financial management of clients
- Be actively involved in business development activities to help identify and research opportunities on new/existing clients
- Develop project strategies to solve complex technical challenges for our clients
- Manage and deliver large projects by developing the project team, assessing engagement risks throughout, driving conclusions, and reviewing / challenging the output produced by the team
- Shape and deliver projects to meet and exceed the expectations of our clients and our own quality criteria
- Train, coach, and supervise team members
- Continue to develop internal relationships and developing your PwC brand
About the role
The prudential regulatory regime continues to evolve with developments such as CRDV and 'Basel IV' and Brexit creating continued demands on the Regulatory, Risk and Finance teams in banks and investment firms. This, coupled with increased supervisory scrutiny over ongoing compliance (e.g. Skilled Persons Reports and the Senior Managers Regime), has presented challenges for firms both for ongoing compliance and also from a more strategic perspective. Firms need technical and practical advice on how to adapt to these changes and assess the impact of the wider prudential reform agenda whilst meeting 'business as usual' regulatory expectations.
Meanwhile, a regulatory focus on increasing competition has seen a number of new challenger firms seeking authorisation as banks, requiring support both through this process and in achieving future regulatory compliance and strategic optimisation.
We are looking for candidates who have one or both of the following to join our team
- Experience in credit, counterparty credit, market and/or liquidity risk regulatory requirements; recovery and resolution planning; or supervision of these areas (banking or investment firms); and/or
- ACA or ACCA qualification in the financial services sector (banking or investment firms).
- Being a member of a team on large and small engagements - working as part of a project team on client sites and day-to-day liaison with clients
- Identifying the impact of prudential regulatory change and supporting clients to adapt to the challenges a new regulatory landscape presents
- Working on projects relating to various components of credit, counterparty credit, market and/or liquidity risk or recovery and resolution planning including regulatory reporting and associated governance and controls, risk management frameworks, policies and procedures, risk measurement, monitoring and reporting
- Supporting firms through the authorisation process by preparing and/or reviewing and challenging prudential risk information
- Preparing regulatory analysis and reports
- Supporting reviews of clients' compliance with credit, counterparty credit, market and/or liquidity risk and/or recovery and resolution planning requirements
- Supporting senior team members through the development of marketing and sales activities
- Relationship building and networking with clients and internally across PwC
- Providing input to the debate on development and application of regulation, participating in PwC's Thought Leadership
- Educated to at least degree level
- Good written and verbal communication skills
- Good numerical skills
- Experience of problem solving
- Experience of financial services (banking or investment firms or supervision thereof)
- Significant experience in either a prudential regulatory role or within a core or controls assurance role
Assurance is a dynamic place to be right now, and the variety of opportunities on offer is unprecedented. It's work that really does matter. It matters for businesses, governments and society at large. Our team provides confidence on the most complex decisions companies have to take and this provides a wealth of opportunities to everyone who joins us and works with us.
The skills we look for in future employees
All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.
We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool, as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business and as an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate.