Prudential Risk & Regulation - Manager OR AssociateDirector

www.topfinancialjobs.co.uk - Jobboard; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Manager / Associate Director in Financial Services Consulting to lead client engagements and drive business development. This role involves significant interaction with clients, analyzing regulatory impacts, and mentoring junior staff. The ideal candidate will possess extensive knowledge of prudential regulation, risk management, and regulatory reporting. Join a dynamic team in a hybrid working environment that values diversity and encourages professional growth, where your contributions will help shape the future of financial services consulting.

Qualifications

• Significant experience in prudential regulation and risk management.
• Knowledge of PRA rulebook and EU regulations.
• Experience with ICAAP, ILAAP, and regulatory reporting.

Responsibilities

• Lead client engagement teams to deliver high-quality services.
• Analyze information and recommend improvements.
• Mentor and develop junior team members.

Skills

Prudential Regulation

Risk Management

Business Development

Client Engagement

Regulatory Reporting

Education

Bachelor's Degree in Finance or related field

Professional Certification (e.g., CFA, ACA)

Job description

Forvis Mazars' Financial Services Consulting - Manager / Associate Director

Forvis Mazars' Financial Services Consulting is experiencing exciting growth and has various opportunities for talented and high-performing individuals based in our London office. This growth is driven by increasing regulatory scrutiny, supervision, and demand for external assurance.

If you're looking to make an impact in Financial Services Consulting, grow our business as if it were your own, and work within open, engaged, and collaborative teams, then we encourage you to apply today!

About the team

The Prudential Risk and Regulation offering provides tailored solutions to support our FS clients in interpreting and implementing regulations to achieve compliance and manage regulator expectations. We assist clients with regulatory submissions such as Capital & Liquidity adequacy, Recovery & Resolution plans, and support them in organizational, regulatory, or systems transformation initiatives to manage prudential risk.

Typical engagements include:

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

About the role

As a Manager / Associate Director, you will:

• Lead multiple client engagement teams, delivering high-quality services.
• Drive business development within key accounts or client categories.
• Work within multidisciplinary teams to deliver engagements.
• Analyze information, perform gap analysis, and recommend improvements.
• Lead workshops, design processes/controls, and develop implementation plans.
• Coordinate with client stakeholders to implement improvements.
• Manage engagement execution, monitor progress, and oversee quality.
• Create materials explaining regulatory impacts on clients' business models and reporting obligations.
• Develop client relationships, expand networks, and identify new opportunities.
• Prepare technical proposals and pitches.
• Contribute to training materials and deliver training sessions.
• Mentor and develop junior team members.

What we're looking for

• Significant experience in prudential regulation and risk management, from industry, consultancy, or PRA.
• Knowledge of PRA rulebook, supervisory statements, EU laws, and regulations, including:
• UK prudential regulatory framework, Basel 3.1, and related regulations.
• Experience with ICAAP, ILAAP, ICARA, regulatory reporting, and recovery planning.
• Understanding of PRA's supervisory model and risk factors.
• Experience reviewing regulatory returns and firms' business models.

About Forvis Mazars

Forvis Mazars is a leading global professional services network with offices in over 100 countries. We provide audit & assurance, tax, advisory, and consulting services, committed to delivering exceptional client experiences.

We value diversity, teamwork, and individuality, encouraging our team members to take ownership of their careers and contribute their ideas.

Location & Culture

Our London office offers a hybrid working model. We are committed to inclusivity and support all individuals to be their authentic selves. For more about our approach, click here. We aim to make our recruitment process accessible and inclusive; please contact us to discuss any specific needs.