Prudential Risk Manager

Prudential Risk Manager

Our client is one of the world's largest and most respected consultancies. They have supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. They have proudly stood beside the institutions and businesses which make the UK what it is. By encompassing a wide range of disciplines across a breadth of areas such as Customer Experience and Digital, Strategy, Forensic, Risk and Regulatory, People and Talent, and Operational and Financial Transformation, they have become immersed in thier clients' organisations, applying sector knowledge and technology solutions to deliver the best possible outcomes and get it right first time.

What will you be doing?

• Assisting firms in understanding the impact of prudential developments (e.g. CRDV/CRRII, Basel 3.1, Solvency II etc.)
• Advising firms on mechanisms to optimise their balance sheet and achieve efficient capital structures
• Advising firms on their legal entity structures and booking models and the regulatory implications of changes to their structures
• Providing prudential regulatory support, advice and due diligence on transactions
• Assisting with applications to the Financial Services Authority for Part IV permissions
• Practically supporting firms in developing the ICAAP, ILAAP, ORSA processes
• Managing Section 166 reviews and reporting to the PRA and FCA
• Advising firms on managing their relationship with PRA and FCA
• Delivery of client engagements including ownership of workstreams on larger engagements and leading small and medium sized teams
• Taking a leading role in the identification of business development opportunities and assisting with the preparation of client proposals
• Mentoring and coaching of other less experienced team members
• Support KPMG's efforts in relation to sales and marketing, Research and Development and Knowledge Management

What will you need to do it?

• Understanding of banks or insurance business models and commercial drivers
• Understanding of and experience in the PRA rules and guidance, particularly concerning prudential regulation
• The ability to be flexible and work across a number of sectors within the financial services industry
• Industry recognised qualification (e.g. CISA, FPC, IMC, CFA etc.) desirable but not essential
• Solutions-driven mindset and problem-solving skills
• Effective oral and written communicator (the role will involve report writing)
• Proficient in excel (macros, VBA etc.)
• Planning and project management skills
• Proven ability to achieve results, even when faced with obstacles or setbacks
• Positive and flexible attitude to work and a willingness to embrace new initiatives
• Networking, influencing and stakeholder management
• Confident and highly motivated individual
• Relevant financial services experience with a prudential regulatory, treasury or ratings focus either as part of a financial services firm, ratings agency, consultancy or PRA/FCA
• Experience of banks' business models and excellent technical knowledge of prudential regulatory issues (including: CRD, capital requirements, capital, liquidity, treasury, PRA authorisations etc.)
• Understanding of key commercial and regulatory developments and key current issues facing clients
• Ability to produce and deliver high quality technical analysis, using excellent oral / written communication skills and demonstrating breadth and depth of knowledge
• Strong team player, driven, self-starter

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.