Prudential Regulation - Senior Associate - Banking & Capital Markets
- Recruiter
- PwC
- Location
- London
- Salary
- Competitive
- Posted
- 28 Mar 2018
- Closes
- 24 Apr 2018
- Sectors
- Banking & Financial Services
- Contract Type
- Permanent
- Hours
- Full Time
Who we are looking for
The world of Risk and Regulation is changing, join us on the journey and be part of creating a new and relevant financial services industry. Our Financial Services Risk and Regulation (FSRR) team is made up of 50 partners and 800 professional staff and our number and capabilities are expanding every day.
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 sector experience.
About the role
The prudential regulatory regime continues to involve 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 meet 'business as usual' regulatory expectations.
We are looking for candidates who have regulatory technical expertise and experience in one or a combination of credit, counterparty credit and market risk regulatory capital requirements including the advanced approaches (e.g. IRB, IMM and VaR) and liquidity risk regulatory requirements.
Responsibilities
Essential skills:
The technical skills we are looking for are specific to credit, counterparty credit, market and/or liquidity risk. We need individuals with a combination of the following skills:
About PwC
We're one of the world's leading professional services organisations. From 158 countries, we help our clients, some of the most successful organisations on the globe, as well as its most dynamic entrepreneurs and thriving private businesses, to create the value they want. We help to measure, protect and enhance the things that matter most to them.
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.
Learn more here
Diversity
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.
Learn more here
The world of Risk and Regulation is changing, join us on the journey and be part of creating a new and relevant financial services industry. Our Financial Services Risk and Regulation (FSRR) team is made up of 50 partners and 800 professional staff and our number and capabilities are expanding every day.
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 sector experience.
About the role
The prudential regulatory regime continues to involve 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 meet 'business as usual' regulatory expectations.
We are looking for candidates who have regulatory technical expertise and experience in one or a combination of credit, counterparty credit and market risk regulatory capital requirements including the advanced approaches (e.g. IRB, IMM and VaR) and liquidity risk regulatory requirements.
Responsibilities
- 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 the new regulatory landscape presents, e.g. changes such as SA-CR, IRB modelling methods, SA-CCR, FRTB and NSFR
- Working on projects relating to various components of credit, counterparty credit, market and/or liquidity risk including governance and controls, risk management framework, policies and procedures, risk measurement, monitoring and reporting
- Preparing regulatory analysis and reports
- Supporting reviews of clients' compliance with credit, counterparty credit, market risk and/liquidity 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.
Essential skills:
- Knowledge and experience of at least one of retail, commercial, wholesale and/or investment banking sector, including an understanding of capital or liquidity risk management processes and procedures.
- At least three to five years' experience in financial services in either credit, counterparty credit, market or liquidity risk.
- Experience of problem solving
- Good written and verbal communication skills.
- Educated to at least degree level
The technical skills we are looking for are specific to credit, counterparty credit, market and/or liquidity risk. We need individuals with a combination of the following skills:
- Good understanding of the overall credit and/or counterparty credit risk management lifecycle and associated the policies, procedures and strategies employed to manage this risk.
- Good understanding of trading books and market risk requirements and the policies, procedures and strategies to manage this risk.
- Good understanding of liquidity risk management and the policies, procedures and strategies to manage this risk.
- Good technical experience and expertise in existing and future regulation in relation to credit, counterparty credit, market or liquidity risk.
- An ability to understand, interpret and communicate complex regulation.
- Experience with governance and risk management frameworks and systems and controls supporting prudential regulatory requirements.
- Good experience of IRB, SA-CCR, IMM and VaR
- Good understanding of the LCR requirements including associated reporting
- Practical experience of the application of the credit, counterparty credit, market and/or liquidity risk rules
- Broad-based understanding of credit and market risk modelling, stress testing and IFRS 9
About PwC
We're one of the world's leading professional services organisations. From 158 countries, we help our clients, some of the most successful organisations on the globe, as well as its most dynamic entrepreneurs and thriving private businesses, to create the value they want. We help to measure, protect and enhance the things that matter most to them.
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.
Learn more here
Diversity
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.
Learn more here