Prudential Risk & Regulation - Manager OR Associate Director

Mazars UK LLP - formerly CompetitionRx Ltd; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

A leading professional services network is seeking a Manager or Associate Director for their Prudential Risk and Regulation team in London. This role involves leading client engagements, developing business opportunities, and providing high-quality regulatory solutions. Candidates should have significant experience in prudential regulation, risk management, and a strong understanding of the PRA rulebook. The position offers a hybrid working model and opportunities for professional growth.

Qualifications

• Significant experience in prudential regulation and risk management.
• Knowledge of PRA rulebook and EU laws.
• Experience with regulatory returns and business model reviews.

Responsibilities

• Lead client engagement teams delivering high-quality services.
• Collaborate within multidisciplinary teams.
• Analyze information and recommend improvements.

Skills

Prudential regulation

Risk management

Regulatory compliance

Business development

Client engagement

Job description

Join to apply for the Prudential Risk & Regulation - Manager OR Associate Director role at Mazars UK LLP - formerly CompetitionRx Ltd.

Forvis Mazars' Financial Services Consulting is experiencing exciting growth, offering various opportunities for talented individuals in our London office due to increasing regulatory scrutiny and demand for external assurance.

About The Team

The Prudential Risk and Regulation team provides tailored solutions to assist FS clients with regulation interpretation, implementation, and compliance. We support clients in developing regulatory submissions, organizational and systems transformation initiatives, and managing prudential risks.

Typical engagements include:

• Reviewing and refining ICAAP, ILAAP, ICARA, recovery, and wind-down plans.
• Responding to client queries on prudential rules.
• Reviewing regulatory returns like COREP, FINREP, PRA 110.
• Performing skilled persons reviews.
• Assessing regulatory change project effectiveness.
• Providing assurance on regulatory data processing.
• Reviewing prudential risk management policies and procedures.
• Offering internal audit expertise.

About The Role

As a Manager / Associate Director, you will:

• Lead client engagement teams delivering high-quality services.
• Play a key role in business development.
• Collaborate within multidisciplinary teams.
• Analyze information, identify gaps, and recommend improvements.
• Lead workshops and design process controls.
• Implement improvements with client stakeholders.
• Monitor and report on engagement delivery, managing issues and risks.
• Prepare materials on regulatory impacts and risk practices.
• Develop client relationships and identify new opportunities.
• Contribute to proposals and technical pitches.
• Develop training materials and mentor junior staff.

Requirements

• Significant experience in prudential regulation and risk management, in industry, consultancy, or PRA.
• Knowledge of PRA rulebook, supervisory statements, and EU laws, including:
• UK prudential framework, Basel 3.1, PRA Rulebook, FCA Handbook.
• Preparation/review of ICAAP, ILAAP, ICARA, regulatory returns, and recovery plans.
• Understanding of PRA supervisory model and risk factors.
• Experience with regulatory returns and business model reviews.

About Forvis Mazars

Forvis Mazars is a global professional services network committed to delivering quality audit, assurance, tax, advisory, and consulting services across over 100 countries. We value diversity, teamwork, and individual contributions, fostering an inclusive environment where everyone can thrive.

Location & Work Model

Our London office offers a hybrid working model. We are committed to inclusivity and support all candidates throughout the application process.