Prudential Risk & Regulation Manager

We are working exclusively on behalf of a large Financial Services consultancy who are looking to expand their team, with this Prudential Risk & Regulation Manager role available on a permanent, full-time basis to work hybrid in Central London.

This will interest someone with previous experience in Prudential regulatory matters and risk management practices, either in industry, in another consultancy, or in the Prudential Regulation Authority (PRA) and now looking to progress in their career or return to work in 2025.

About the role:

As a Prudential Risk & Regulation 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.
• Play a key role in 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.
• Managing 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.
• Producing 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.
• Manage & train junior colleagues.

Role requirements:

• You will have gained significant experience in Prudential regulatory matters and risk management practices, either in industry, another consultancy, and/or the Prudential Regulation Authority (PRA).
• Knowledge of, and experience in navigating and interpreting the provisions of the PRA rulebook, supervisory statements and other on-shored EU laws and regulations. This should include one or more of the following:
• The UK prudential regulatory framework, specifically, knowledge of the PRA Rulebook, Supervisory Statements, the FCA Handbook and Basel 3.1 (existing and forthcoming regulations).
• 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)
• Experience of reviewing regulatory returns, s166 reports, and firms' business models.

Remuneration & Benefits:

• £70,000 to £90,000 per year depending on experience.
• Hybrid work - 2/3 days a week
• Full benefit sheet available upon request!