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- Tasks: Support risk management frameworks and regulatory compliance for financial services clients.
- Company: Join Forvis Mazars, a leading global professional services network with a collaborative culture.
- Benefits: Competitive salary, inclusive environment, and opportunities for rapid career growth.
- Why this job: Make a real impact in the financial sector while developing your skills.
- Qualifications: 2-3 years in risk or prudential reporting; strong communication and analytical skills.
- Other info: Diverse and inclusive workplace that values unique backgrounds and perspectives.
The predicted salary is between 28800 - 43200 £ per year.
Forvis Mazars, a leading global professional services network, offers audit, assurance, tax, and advisory services. The UK office spans 14 locations with 3,400 professionals. We support a collaborative, inclusive environment where talent can grow quickly.
Overview of the Team / Business Unit
The Financial Services Consulting business unit provides a range of risk and regulatory compliance services to banks, insurers, investment firms and payment institutions. We will recruit a Junior Consultant to join the Prudential Regulation & Risk Management Practice, supporting risk‐management frameworks, prudential compliance and regulatory technology initiatives for FS clients.
Typical engagements in the Practice include:
- Reviewing and refining clients' ICAAP, ILAAP, ICARA, wind‐down and recovery plans.
- Responding to clients' queries on the interpretation and implementation of prudential rules.
- Reviewing COREP, FINREP, PRA 110, MIF and other regulatory returns.
- Supporting the effectiveness of regulatory change projects.
- Supporting assurance on clients' processing of regulatory data.
- Reviewing firms' prudential risk‐management capabilities – including policies, procedures, risk identification, measurement, monitoring and reporting.
- Providing internal audit subject‐matter expertise.
Role & Responsibilities
The Consultant supports the team across the project lifecycle – from sales and business development, through planning and fieldwork to final deliverables.
Key responsibilities:
- Work as part of small‐ and large‐sized multidisciplinary engagement teams.
- Gather and analyse information, perform gap analysis and recommend improvements.
- Draft client‐specific conclusions and recommendations.
- Support Engagement Managers in delivery management including monitoring status, escalating issues and reviewing work.
- Develop client relationships and contribute to engagement conversions.
- Support product‐offering development and technical proposals.
- Assist with internal projects, research and publications.
- Coach and develop junior team members.
What we are looking for
- 2‐3 years of experience in risk, control or prudential reporting – in the FS industry, a consulting firm or a regulator.
- Good understanding of Corporate & Investment Banking, Wholesale & Retail Banking, and Investment Services.
- Experience reviewing business processes, governance, control frameworks and IT infrastructures.
- Knowledge of the UK prudential framework – PRA Rulebook, Supervisory Statements, FCA Handbook, Basel 3.1.
- Experience with ICAAP, ILAAP, ICARA, COREP, FINREP, PRA and Recovery Plans.
- Understanding of the PRA supervisory model and risk‐management frameworks.
- Master's degree or equivalent.
Personal Attributes
- Strong verbal and written communication with authority.
- Creative thinking, innovation and challenge of status quo.
- Role‐modeling high standards of quality.
- Effective project and time‐management skills.
- Client‐relationship building with trust.
- Analytical and problem‐solving abilities.
- Ability to multitask under tight timelines.
- Commitment to learning and self‐development.
- Alignment with our values – respect, diversity and integrity.
Diversity, Equity & Inclusion
Forvis Mazars values diversity, equity and inclusion. We recognize that our people's unique backgrounds lead to better outcomes for clients. We seek to attract, develop and retain talent regardless of sex, ethnicity, disability, socioeconomic background, sexual orientation, gender identity, nationality or faith. Candidates are selected on skills, knowledge and experience.
Prudential Regulation & Risk Management - Junior Consultant in London employer: Forvis Mazars in the UK
Contact Detail:
Forvis Mazars in the UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Prudential Regulation & Risk Management - Junior Consultant in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that Junior Consultant gig.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of your experience with risk management and regulatory compliance. Let them see how you can add value to their team.
✨Tailor Your Approach
Every company is different, so make sure you tailor your conversations to fit their needs. Research Forvis Mazars and understand their values and projects. This will help you align your skills with what they’re looking for.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Forvis Mazars.
We think you need these skills to ace Prudential Regulation & Risk Management - Junior Consultant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Junior Consultant in Prudential Regulation & Risk Management. Highlight relevant experience and skills that match the job description, like your understanding of regulatory frameworks and risk management.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background makes you a great fit. Don’t forget to mention specific projects or experiences that relate to the responsibilities listed in the job description.
Showcase Your Communication Skills: Since strong verbal and written communication is key for this role, make sure your application reflects that. Use clear, concise language and check for any typos or grammatical errors. We want to see your ability to communicate effectively right from the start!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position there!
How to prepare for a job interview at Forvis Mazars in the UK
✨Know Your Prudential Regulations
Make sure you brush up on the UK prudential framework, including the PRA Rulebook and FCA Handbook. Being able to discuss these regulations confidently will show that you're not just familiar with the terms but understand their implications in real-world scenarios.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing past experiences where you've performed gap analyses or reviewed risk-management frameworks. Use specific examples to illustrate how you identified issues and recommended improvements.
✨Communicate Clearly and Confidently
Since strong verbal and written communication is key for this role, practice articulating your thoughts clearly. You might even want to do a mock interview with a friend to refine your delivery and ensure you come across as authoritative and confident.
✨Emphasise Team Collaboration
This role involves working in multidisciplinary teams, so be ready to talk about your experience collaborating with others. Highlight any projects where you contributed to team success and how you supported your colleagues, especially in high-pressure situations.
