Prudential Analyst

Schroders; City of Westminster; On-site; GBP 40,000 - 55,000; Full time

Job summary

A global investment manager is seeking a part or fully qualified accountant or regulatory professional to join their Group Regulatory Reporting team. The successful candidate will manage capital and risk assessment projects, contribute to stress testing, and prepare concise management information for key committees. Ideal candidates will have 1-2 years of experience in asset management or banking, with a strong focus on detail and project management skills. This role requires excellent communication and stakeholder relationship abilities.

Qualifications

• Part or fully qualified accountant with 1-2 years of industry experience.
• Experience in finance or regulatory roles in asset management or banking.

Responsibilities

• Manage project timelines for ICAAP and excruciatingly analyze data.
• Contribute to Pillar 2 capital requirements and stress testing.
• Prepare management information for key committees.

Skills

Attention to detail

Project management

Stakeholder management

Strong communication skills

Education

Part or fully qualified accountant

Job description

About Schroders

We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. We have around 6,000 people on six continents and have been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.

Location

We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre. And we have everything we need to work flexibly.

Team

The Group Regulatory Reporting team is responsible for the production of all prudential regulatory material for the consolidated Schroders Group (CRR) and several solo UK regulated asset management firms (IFPR / CPM) and for production of associated internal reports.

The Pillar 2 team is overall owner of almost all of the Group Pillar 2 documents, including the ICAAP, Recovery Plan and Wind-down plan, and ICARAs under the FCA IFPR regime. The Group Regulatory team is also responsible for production and submission of Pillar 1 prudential regulatory returns and Pillar 3 documents.

What you’ll do

• Play a key role in the team’s project management, delivery, and analysis of the Group’s ICAAP, Recovery Plan, Wind-Down Plan, and entity ICARAs. Responsibilities include managing project timetables, sourcing and analysing data from subject matter experts across Finance, Group Risk, and the wider business. The individual will engage with and build strong relationships across the organisation.
• Contribute to setting assumptions for stress testing scenarios and Pillar 2 credit and concentration risk assessments. Involved in assessing the Group’s other Pillar 2 capital requirements, with opportunities to develop a broad understanding of Basel Pillar 2 methodologies.
• Produce quarterly early warning indicators for Group and UK-regulated entities.
• Prepare clear, concise management information for the Prudential Risk Steering Group and Group Capital Committee.
• Take on the lead responsibility for organising, collating papers, and taking minutes for the Prudential Risk Steering Committee.
• Assist in producing capital stress forecasts and conducting stress testing.
• Play a key role in the future development of the Pillar 2 documentation process and approaches.
• Stay abreast of relevant regulatory changes and assist in interpreting their implications for Schroders.
• Support the team with ad hoc initiatives as required.

Qualifications

• Part or fully qualified accountant and/or a regulatory professional with at least 1-2 years industry experience.
• Finance or regulatory experience gained within industry is preferable (asset manager or bank).

What you’ll be like

• Strong attention to detail and an inquisitive mind.
• Ability to work under own initiative.
• Ability to manage projects and implement change.
• Ability to develop close and effective working relationships and manage key stakeholders.
• Strong written and oral communication skills.

Role overview

We’re looking for a part or fully qualified accountant and / or a regulatory professional with capital experience gained within the industry (asset manager or bank). We want individuals who take responsibility for their own outputs, ensuring they are accurate and of high quality, and who can work independently, using their own initiative. You need to have strong written and oral communication skills and to be a good team player.

The jobholder will assist in delivery of the capital and risk assessment documents that are produced for the Schroders Group (such as the ICAAP (Internal Capital Adequacy and Assessment Process)) and for UK operating entities (ICARAs (Internal Capital and Risk Assessments)).