8 months ago
The world of Financial Services Risk and Regulation (FSRR) is constantly evolving; and developments in the UK are often mirrored by other Regulators around the world. As the market leader for Assurance service in FSRR PwC's Risk and Regulatory practice works with an unparalleled range of clients across all sectors of the market, and helps Boards and Executive teams design and implement strategies that meet regulatory expectations. Our FSRR team with over 800 professional staff is a blend of expert practitioners who work to build a resilient position from which to return value to stakeholders and embed a complimentary culture.
The FSRR division is looking to expand its leading prudential regulatory business and we are looking for candidates at the Senior Associate level with banking and/or investment firm sector experience.
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.