Prudential Risk & Regulation - Manager OR Associate Director
19 Days Old
Forvis Mazars' Financial Services Consulting is experiencing exciting growth and we have various opportunities for talented and high performing individuals to be based in the London office given the opportunities arising from increasing regulatory scrutiny, supervision and demand for external assurance.
Are you looking to make an impact in Financial Services Consulting? Are you looking to grow our business as if it was your own? And are you looking for open, engaged and collaborative teams? Then apply to the role today!
About the team
The Prudential Risk and Regulation offering provides a number of tailored solutions to support our FS clients around the interpretation and implementation of regulations to help them achieve regulatory compliance and manage regulators' expectations.We help clients develop and review their key regulatory submissions – such as their Capital & Liquidity adequacy process documents, Recovery & Resolution plans, and their regulatory submissions. We also support clients on organisational, regulatory or systems transformation initiatives to help them manage prudential risk.
Typical engagements in the Prudential Risk and Regulation service area include:
- Reviewing and refining clients' ICAAP, ILAAPs, ICARA's, wind down and recovery plans.
- Responding to clients' queries on the interpretation and implementation of prudential rules.
- Reviewing COREP, FINREP, PRA 110 and other regulatory returns.
- Performing skilled persons reviews in line with the PRA's expectations.
- Reviewing the effectiveness of regulatory change projects.
- Providing assurance on clients' processing of regulatory data.
- Reviewing firms' prudential risk management capabilities – including reviews of relevant policies and procedures; and, how such risks are identified, measured, monitored, measured, and reported.
- Providing internal audit subject matter expertise.
About the role
As a Manager / Associate Director you would be expected to:
- Lead multiple client engagement teams, working with a wide variety of FS clients to deliver high quality professional services.
- Play a key role in business development activities for allocated key accounts or a category of FS clients / prospects.
- Work as part of small and large sized multi-disciplinary engagement teams to deliver the types of engagements listed above.
- Gather and analyse information, perform gap analysis, identify areas of improvements and offer value-adding recommendations.
- Lead workshops to resolve client issues, design robust processes / controls and develop an implementation plan.
- Work with stakeholders within clients' organisational structure to implement improvements.
- Managing the execution of client engagements by monitoring and reporting on delivery status, identifying and managing any issues and risks that could impact delivery, and providing guidance and quality review of others.
- Producing materials to help clients understand the impact of regulatory developments and changing risk practices on their business model, control framework, reporting obligations as well as capital and liquidity requirements.
- Developing client relationships, grow networks and assist in identifying and converting engagement opportunities
- Developing product offerings and preparation of technical proposals and pitches to clients
- Assisting in developing and delivering internal and external training materials
- Mentoring, coaching and developing junior team members.
What are we looking for?
- You will have gained significant experienceinPrudential regulatory matters and risk management practices, either in industry, another consultancy, and/or the Prudential Regulation Authority (PRA).
- Knowledge of, and experience in navigating and interpreting the provisions of the PRA rulebook, supervisory statements and other on-shored EU laws and regulations. This should include one or more of the following:
- The UK prudential regulatory framework, covering existing and forthcoming regulations, specifically, knowledge of the PRA Rulebook, Supervisory Statements, the FCA Handbook and Basel 3.1
- Preparation or review of Internal Capital Adequacy Assessment Process (ICAAP), in particular Pillar 1 capital requirements, Pillar 2 risks, robustness of stress test scenarios; Internal Liquidity Adequacy Assessment Process (ILAAP), Internal Capital Adequacy and Risk Assessment (ICARA), Regulatory Reporting (COREP, FINREP, PRA) and Recovery Plan (RP)
- Good understanding of the PRA's supervisory model – including internal and external risk factors, and risk mitigants.
- Experience of reviewing regulatory returns, s166 reports, and firms' business models.
About Forvis Mazars
Forvis Mazars is a leading global professional services network operating under a single brand with just two members: Forvis Mazars, LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories. Both members share a commitment to providing an unmatched client experience, delivering audit & assurance, tax, advisory and consulting services across the globe.
We are one diverse, multicultural, multi-generational team with a huge sense of connection and belonging. This is a place where you can take ownership of your career, get involved, believe in yourself and put your ideas into action.
At Forvis Mazars, we celebrate individuality and thrive on teamwork. We give people the freedom to make a personal contribution to our shared purpose. We support one another to deliver quality, create change and make an impact so that everyone can reach their full potential.
Central London based office location with a hybrid working model!
Being inclusive is core to our culture at Forvis Mazars; we want to ensure everyone, whether in the recruitment process or beyond is fully supported to be their unique self. To read more about our approachclick here .
Our aim is to make the recruitment process as accessible and inclusive as possible - please contact us to discuss any changes you may require so we can work with you to support you throughout your application.
#J-18808-Ljbffr- Location:
- London
- Job Type:
- FullTime
- Category:
- Management & Operations
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