Senior Associate - Prudential Risk & Regulatory Advisory

Alvarez and Marsal; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A global consulting firm based in the United Kingdom is seeking a Senior Associate to lead client engagements focusing on prudential regulations. The role requires deep knowledge of CRD/CRR frameworks and the ability to engage effectively with senior stakeholders. Ideal candidates will have experience in banking supervision or in-house prudential risk roles, alongside strong analytical capabilities. The firm emphasizes continuous professional development and offers a dynamic working environment.

Benefits

Continuous learning opportunities

Culture of meritocracy

Employee well-being resources

Qualifications

• Experience in banking supervision or advisory roles.
• Familiarity with CRD/CRR framework and Basel standards.
• Hands-on experience with ICAAP or ILAAP processes.

Responsibilities

• Lead engagements on prudential regulations.
• Assess frameworks against regulatory expectations.
• Engage directly with regulators when necessary.

Skills

Prudential regulation experience

Analytical skills

Project management

Stakeholder engagement

Education

Strong academic background

Professional qualifications (CFA, FRM, etc.)

Job description

Overview

impactful projects that enhance risk-adjusted financial performance and inform strategic decision-making at the highest levels. How You Will Contribute As a Senior Associate, you will lead client engagements focused on the interpretation, implementation, optimization, or remediation of prudential regulations. You will bring deep knowledge of prudential regulation, strong analytical capability, and the ability to engage confidently with senior stakeholders across Finance, Risk, Treasury, and Regulatory Affairs functions.

Key Responsibilities

• Lead client engagements focused on the interpretation, implementation, optimization, or remediation of prudential regulations, including CRD VI / CRR III and Basel IV reforms, MIFID/MIFIDPRU regulatory capital and liquidity assessments / ICARA, ICAAP / ILAAP enhancement and stress testing, IRRBB and liquidity risk management and governance, large exposures, concentration risk, capital stacking and buffers, and Solvent Wind Down, Recovery & Resolution Planning (RRP) and SREP responses.
• Assess client frameworks and controls against regulatory expectations and best practices.
• Develop pragmatic and credible remediation plans in response to regulatory findings or supervisory feedback.
• Provide regulatory input into M&A, authorization, or restructuring transactions.
• Engage directly with regulators on behalf of clients where required.
• Translate regulatory developments into client-specific impacts and lead horizon-scanning initiatives.
• Coach and support junior team members and contribute to knowledge development.
• Contribute to proposals, thought leadership, and market positioning activity.

Qualifications

• Experience in prudential regulation, gained in one or more of the following: banking supervision, consulting or advisory roles, or in-house prudential risk, regulatory affairs, or treasury risk functions.
• Deep familiarity with key elements of the CRD/CRR framework and Basel standards.
• Hands‑on experience designing, reviewing, or remediating ICAAP, ILAAP, or recovery plans.
• Strong project management and stakeholder engagement skills.
• Excellent analytical skills, including the ability to interpret complex regulation and assess its practical impact on business models.
• Ability to lead high-quality deliverables and present effectively to senior client stakeholders.

Desirable Skills & Experience

• Experience working with PRA/ECB-regulated banks.
• Knowledge of the UK and EU supervisory review process (SREP) and expectations.
• Familiarity with cross‑border regulatory change and equivalence regimes.
• Exposure to strategic balance sheet management, capital, and liquidity optimization.

Education & Qualifications

Strong academic background. Professional qualifications such as CFA, FRM, PRMIA, or progress toward these is a plus.

Your Journey at A&M

We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top‑notch training and on‑the‑job learning opportunities, you can acquire new skills and advance your career. We prioritize your well‑being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high‑performing and passionate professionals.

Description Senior Associate - Prudential Risk & Regulatory Advisory

About Alvarez & Marsal Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results‑oriented professionals in over 40 countries. We take a hands‑on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work‑guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.

The Team

Join our Prudential Risk & Regulatory team, where you will lead and deliver regulatory strategy and transformation projects for bank clients across Europe. Our team is dedicated to helping financial institutions navigate complex regulatory environments and optimize their financial performance. This is an opportunity to work on