Prudential Risk and Regulation - Manager

Forvis Mazars; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global professional services network is seeking a Manager for their Prudential Risk and Regulation team in London. The ideal candidate will lead engagements, offering expertise in regulatory compliance and risk management practices to diverse financial services clients. With a commitment to growth and collaborative teamwork, this role promises impactful contributions within a growing sector.

Qualifications

• Significant experience in Prudential regulatory matters and risk management.
• Knowledge of PRA rulebook and FCA Handbook complexities.
• Background in interpreting capital and liquidity assessment processes.

Responsibilities

• Lead client engagement teams on financial services projects.
• Manage execution of client projects and deliver high quality services.
• Support business development and client relationship activities.

Skills

Prudential regulatory knowledge

Risk management practices

Client relationship management

Business development

Job description

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Prudential Risk and Regulation - Manager, London

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Client:

Forvis Mazars

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

d5f9032e23af

Job Views:

5

Posted:

19.08.2025

Expiry Date:

03.10.2025

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Job Description:

Forvis Mazars is a leading global professional services network providing audit & assurance, tax, and advisory services. Forvis Mazars in the UK spans 14 offices across the nation and has over 3,400 professionals, with 190 partners. We have a clear purpose and a shared commitment to shape a better future.

You'll join a collaborative and inclusive team where you're supported to grow your skills, explore new opportunities, and contribute from day one. You'll work with a diverse client base, develop meaningful connections, and gain experience that extends beyond your local team. Together, we grow, belong and impact.

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 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 you would be expected to:

• Lead multiple client engagement teams, working with a wide variety of FS clients to deliver high quality professional services.
• Support with 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.
• Manage 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.
• Produce 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.
• Support the development of client relationships and networks, and assist in identifying and converting engagement opportunities.
• Develop 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) or the Financial Conduct Authority (FCA).
• Knowledge of, and experience in navigating and interpreting the provisions of the PRA rulebook or FCA Handbook and supervisory statements. 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).
• Preparation or review of Internal Capital Adequacy and Risk Assessment (ICARA) process and reporting under the Investment Firms Prudential Regime (IFPR).
• 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.
• Knowledge of, and experience in, risk management frameworks, processes, controls and practices in banking and/or investment firms. This may include responsibility for implementing risk management practices or overseeing risks in a Risk Function role.

Diversity, Equality & Inclusion

At Forvis Mazars diversity, equity and inclusion are central to our values. We value our people's unique backgrounds, perspectives, and experience, and know this diversity create better outcomes for our clients.

We seek to attract,develop, and retain the best talent, inclusive of sex, ethnicity, disability, socio-economic background, sexual orientation, gender identity, nationality, and faith.

We select candidates based on skills, knowledge,qualifications, and experience and aim to support all our team members to reach their potential.

AtForvis Mazars, we promote an environment in which you cangrowyour skills,belongto a team that values your ideas, and make animpactthat matters.