Credit Risk Pillar 1 Regulatory Capital Senior Manager

PwC UK; London; On-site; GBP 80,000 - 100,000; Full time

Job summary

PwC UK is looking for a Credit Risk Pillar 1 Regulatory Capital Senior Manager in London. Your role will involve leading projects related to credit risk regulatory requirements, advising clients on regulatory compliance, and supporting technology solutions for regulatory needs. You'll leverage your extensive knowledge of banking regulations, including Basel 3.1, to help firms navigate complex regulatory landscapes.

Benefits

Private Medical Cover

Flexible Working Arrangements

24/7 Access to Virtual GP

Volunteering Days

Qualifications

• Experience in retail, commercial, wholesale, and investment banking sectors.
• Deep technical expertise in Basel 3.1 and IRB regulations.
• Ability to interpret and communicate complex regulatory requirements.

Responsibilities

• Lead teams on regulatory change projects and liaise with clients.
• Support development of regulatory technology solutions.
• Prepare regulatory analysis and reports.

Skills

Problem Solving

Communication

Technical Knowledge of Regulation

Client Relationship Management

Education

Relevant Regulatory Qualifications

Job description

Credit Risk Pillar 1 Regulatory Capital Senior Manager

Join to apply for the Credit Risk Pillar 1 Regulatory Capital Senior Manager role at PwC UK

Credit Risk Pillar 1 Regulatory Capital Senior Manager

2 weeks ago Be among the first 25 applicants

Join to apply for the Credit Risk Pillar 1 Regulatory Capital Senior Manager role at PwC UK

• We are part of a large credit risk assurance and advisory team within our market-leading Banking Prudential regulatory team. Our growth is underpinned by a strong market demand for credit risk management, regulatory compliance and model risk management services.
• The prudential regulatory credit risk requirements have, and continue to be, subject to significant reforms including Basel 3.1, the changes to the IRB requirements and the model risk management requirements. These developments have, and continue to, present challenges for firms both for ongoing compliance, and from a more strategic perspective. Firms need technical and practical advice and support on regulatory compliance, impact analysis and implementation including technology solutions, in addressing these challenges whilst meeting business-as-usual regulatory expectations.
• We are looking for candidates who have detailed regulatory technical knowledge and experience, including the associated technical rules and guidance, in Pillar 1 credit risk regulatory capital requirements under the Standardised and the IRB approaches. This includes technical knowledge of both the current and future Basel 3.1 requirements.
  
  

About The Role

• We are part of a large credit risk assurance and advisory team within our market-leading Banking Prudential regulatory team. Our growth is underpinned by a strong market demand for credit risk management, regulatory compliance and model risk management services.
• The prudential regulatory credit risk requirements have, and continue to be, subject to significant reforms including Basel 3.1, the changes to the IRB requirements and the model risk management requirements. These developments have, and continue to, present challenges for firms both for ongoing compliance, and from a more strategic perspective. Firms need technical and practical advice and support on regulatory compliance, impact analysis and implementation including technology solutions, in addressing these challenges whilst meeting business-as-usual regulatory expectations.
• We are looking for candidates who have detailed regulatory technical knowledge and experience, including the associated technical rules and guidance, in Pillar 1 credit risk regulatory capital requirements under the Standardised and the IRB approaches. This includes technical knowledge of both the current and future Basel 3.1 requirements.
  
  

What Your Days Will Look Like

As a Senior 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, technology enablement, 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 both large, complex and small engagements - working as part of a project team (where required at 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
• Supporting on the development of new technology solutions to calculate, optimise, implement and monitor the credit risk regulatory requirements
• Working on Pillar 1 credit risk projects including requirements under the current and Basel 3.1 standardised and IRB approaches including implementation, technology solutions, remediation, regulatory gap assessments, annual IRB self-assessments and regulatory reporting
• Preparing regulatory analysis and reports, supporting senior team members through the development of marketing and sales activities and relationship building and networking with clients and internally across PwC
• Providing input to the debate on development and application of regulation and participating in PwC’s Thought Leadership
  
  

This Role Is For You If You Have

• Knowledge and experience of at least one of retail, commercial, wholesale and/or investment banking sectors
• Experience of problem solving and being able to implement and deliver solutions tailored to a client’s needs
• Able to understand, interpret and communicate complex regulation
• Strong understanding of the end-to-end credit life cycle for retail and/or wholesale banks, associated policies, procedures, controls and governance. Specific to Pillar 1 credit risk requirements
• Strong understanding of regulatory requirements for IRB – knowledge of models is not essential but is considered beneficial
• Deep technical experience and expertise in existing and future regulation (i.e. Basel 3.1) in relation to credit risk and IRB
• Understanding of model risk management and model governance in the context of IRB models
• Understanding of the COREP and other PRA prudential regulatory reporting requirements and associated governance and controls frameworks (relating to credit risk), as applicable
• Experience with governance and risk management frameworks and systems and controls supporting prudential regulatory requirements
  
  

What You’ll Receive From Us

No matter where you may be in your career or personal life, our benefits are designed to add value and support, recognising and rewarding you fairly for your contributions.

We offer a range of benefits including empowered flexibility and a working week split between office, home and client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Accounting

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