Risk & Controls -Prudential Risk and Regulatory Consultant - Manager
About the job
Summary
- 5-7 years' experience in financial services prudential requirements
- Experience in regulatory reporting/COREP
- Strong relationship & team management skills
- Knowledge of at least one banking sector
- Good communication & problem-solving skills
- Knowledge of Gen AI, Python
- Experience with Axiom, Regnology, SuadeLabs
- Experience with Basel 3.1
Line of Service
AdvisoryIndustry/Sector
Not ApplicableSpecialism
Business ControlsManagement Level
ManagerJob Description & Summary
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.To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.
As a Manager, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:
Develop new skills outside of comfort zone.
Act to resolve issues which prevent the team working effectively.
Coach others, recognise their strengths, and encourage them to take ownership of their personal development.
Analyse complex ideas or proposals and build a range of meaningful recommendations.
Use multiple sources of information including broader stakeholder views to develop solutions and recommendations.
Address sub-standard work or work that does not meet firm's/client's expectations.
Use data and insights to inform conclusions and support decision-making.
Develop a point of view on key global trends, and how they impact clients.
Manage a variety of viewpoints to build consensus and create positive outcomes for all parties.
Simplify complex messages, highlighting and summarising key points.
Uphold the firm's code of ethics and business conduct.
As a Manager, you’ll work as part of a team with extensive consulting and industry experience, helping our clients solve their complex business issues from strategy, implementation of regulatory change, regulatory gap analysis, remediation of compliance gaps, and responding to regulatory developments.
Specific responsibilities include but are not limited to:
Being a member of and leading teams (on small and mid-sized engagements) – working as part of a project team 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 regulatory calculation and reporting under Pillar 1 (e.g. requirements for credit risk, market risk, leverage ratio, large exposures, liquidity reporting and other related areas);
Regulatory gap assessments;
Review, implementation and/or remediation relating to regulatory reporting and associated governance and control frameworks;
Preparing regulatory analysis and reports.
Essential skills:
Good written, numerical and verbal communication skills
Knowledge and experience of at least one of retail, commercial, wholesale and/or investment banking sectors
At least five to seven years’ experience in financial services prudential requirements. Less-experienced candidates will be considered at the Senior Associate level.
Hands-on experience in relation to regulatory reporting/COREP – either from an implementation standpoint or in a review capacity
Strong relationship management skills as well as experience in managing teams.
Experience of problem solving and being able to implement and deliver solutions tailored to a client’s needs
The technical skills we are looking for are specific to Pillar 1 reporting requirements. We need individuals with skills in a combination of the following:
Good level of understanding of COREP and other PRA prudential regulatory reporting requirements and associated governance and controls frameworks, as applicable
Good level of understanding of the end-to-end reporting life cycle for retail and/or wholesale banks, associated policies, procedures, controls and governance
Good level of understanding of regulatory requirements for one of credit risk, market risk, counterparty credit risk, leverage ratio, large exposures or liquidity reporting
Technical experience and expertise in existing and future regulation (i.e. Basel 3.1)
Furthermore, any working knowledge of Gen AI, Python would be beneficial (optional).
Any hands on experience of working on regulatory reporting platforms such as Axiom, Regnology, SuadeLabs would be preferred.
Client management:
Develop strong working relationships with the client teams.
Maintain excellent rapport and proactive communication with the stakeholders and clients.
Operational excellence:
Suggest ideas on improving engagement productivity, including through the use of technology, and identify opportunities for improving client service.
Ensure compliance with engagement plans and internal quality & risk management procedures.
People related:
Display teamwork, integrity, and leadership. Work with team members to set goals and responsibilities for specific engagements.
In addition to being an exceptional individual contributor, manage engagements and relevant teams allocated for the same.
Foster teamwork and innovation.
Utilise technology & tools to continually learn and innovate, share knowledge with team members and enhance service delivery.
Conduct workshops and technical training sessions for team members.
Be actively involved in team building activity for strong group/team synergy
Contribute to the learning & development agenda and knowledge harnessing initiatives
Minimum qualifications:
Bachelor's/Master’s Degree in Commerce / Economics / MBA/ BBA (or) Chartered Accountant
Experience in retail, wholesale, commercial or investment banking and capital markets
Experience in working in a regulatory reporting team at a bank
Candidates with 6-8 years of relevant experience in similar role, preferably with a “Big 4” or equivalent
Education (if blank, degree and/or field of study not specified)
Degrees/Field of Study required:Degrees/Field of Study preferred:Certifications (if blank, certifications not specified)
Required Skills
Optional Skills
Desired Languages (If blank, desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship?
NoGovernment Clearance Required?
NoJob Posting End Date
December 31, 2024About The Company
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 152 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.
Content on this page has been prepared for general information only and is not intended to be relied upon as accounting, tax or professional advice. Please reach out to your advisors for specific advice.
