Credit Risk Pillar 1 Regulatory Capital Manager

About the role: We are part of a large credit risk advisory and assurance team within our market-leading Financial Services – Banking Financial Risk team. Our growth is underpinned by a strong market demand for credit risk management and transformation, regulatory compliance, and model risk management services. The prudential regulatory credit risk requirements have, and continue to be, subject to significant reforms including Basel 3.1, the changes to the IRB requirements, and the model risk management requirements. These developments have, and continue to, present challenges for firms both for ongoing compliance and from a strategic perspective. Firms need technical and practical advice and support on regulatory compliance, impact analysis, and implementation including technology solutions, to address these challenges while meeting business-as-usual regulatory expectations. What your days will look like: As a Manager, you\’ll work as part of a team with extensive consulting and industry experience, helping our clients solve their complex business issues from strategy, implementation of regulatory change, technology enablement, transformation of regulatory processes, regulatory gap analysis, remediation of compliance gaps, and responding to regulatory developments. Leading teams on both large, complex, and small engagements, working as part of a project team (where required at client sites) and maintaining day-to-day liaison with clients. Identifying the impact of prudential regulatory change and supporting clients to adapt to the challenges a new regulatory landscape presents. Supporting the development of new technology and transformation solutions to calculate, optimise, implement, and monitor credit risk regulatory requirements. Working on Pillar 1 credit risk projects, including requirements under current and Basel 3.1 standardised and IRB approaches, including implementation, technology solutions, remediation, regulatory gap assessments, annual IRB self-assessments, and regulatory reporting. Preparing regulatory analysis and reports. Supporting team members through the development of marketing and sales activities. Building relationships and networking with clients and internally across PwC. Providing input to the debate on regulation development and application, and participating in PwC\’s Thought Leadership. This role is for you if: You have strong written, numerical, and verbal communication skills. You possess knowledge and experience in at least one of retail, commercial, wholesale, and/or investment banking sectors. You have experience in problem-solving and delivering tailored solutions to clients. You can understand, interpret, and communicate complex regulation. The technical skills required are specific to Pillar 1 credit risk requirements. Skills we are looking for: Strong understanding of the end-to-end credit life cycle for retail and/or wholesale banks, including policies, procedures, controls, and governance. Knowledge of regulatory requirements for IRB; model knowledge is beneficial but not essential. Deep technical expertise in existing and future regulation (i.e., Basel 3.1) related to credit risk and IRB. Understanding of model risk management and governance in the context of IRB models. Knowledge of COREP and other PRA prudential regulatory reporting requirements and related governance and controls frameworks. Experience with governance, risk management frameworks, and controls supporting prudential regulatory requirements. Experience with regulatory transformation, change, and implementation programs. What you\’ll receive from us: Our benefits are designed to support and recognize your contributions, regardless of your career or personal stage. Benefits include flexible working arrangements, private medical cover, virtual GP access, volunteering days, and more. #J-18808-Ljbffr