Prudential Risk & Regulation - Manager OR AssociateDirector

Forvis Mazars\’Financial Services Consulting is experiencing exciting growth andwe have various opportunities for talented and high performingindividuals to be based in the London office given theopportunities arising from increasing regulatory scrutiny,supervision and demand for external assurance.

Check all associated application documentation thoroughly before clicking on the apply button at the bottom of this description.

Are you looking to make an impact in Financial ServicesConsulting? Are you looking to grow our business as if it wasyour own? And are you looking for open, engaged andcollaborative teams? Then apply to the role today!

About the team

The Prudential Risk and Regulation offering provides anumber of tailored solutions to support our FS clients around theinterpretation and implementation of regulations to help themachieve regulatory compliance and manage regulators\’expectations. We help clients develop and review their keyregulatory submissions – such as their Capital & Liquidityadequacy process documents, Recovery & Resolution plans, andtheir regulatory submissions. We also support clients onorganisational, regulatory or systems transformation initiatives tohelp them manage prudential risk.

Typical engagements in the Prudential Riskand Regulation service area include:

• Reviewing and refining clients\’ ICAAP, ILAAPs,ICARA\’s, wind down and recovery plans.
• Responding to clients\’ queries on the interpretation andimplementation of prudential rules.
• ReviewingCOREP, FINREP, PRA 110 and other regulatory returns.
• Performing skilled persons reviews in line with the PRA\’sexpectations.
• Reviewing the effectiveness ofregulatory change projects.
• Providingassurance on clients\’ processing of regulatory data.
• Reviewing firms\’ prudential risk management capabilities– including reviews of relevant policies and procedures; and, howsuch risks are identified, measured, monitored, measured, andreported.
• Providing internal audit subjectmatter expertise.

About the role

As a Manager / Associate Director you wouldbe expected to:

• Leadmultiple client engagement teams, working with a wide variety of FSclients to deliver high quality professional services.
• Play a key role in business development activities forallocated key accounts or a category of FS clients /prospects.
• Work as part of small and largesized multi-disciplinary engagement teams to deliver the types ofengagements listed above.
• Gather and analyseinformation, perform gap analysis, identify areas of improvementsand offer value-adding recommendations.
• Leadworkshops to resolve client issues, design robust processes /controls and develop an implementation plan.
• Work with stakeholders within clients\’ organisationalstructure to implement improvements.
• Managingthe execution of client engagements by monitoring and reporting ondelivery status, identifying and managing any issues and risks thatcould impact delivery, and providing guidance and quality review ofothers.
• Producing materials to help clientsunderstand the impact of regulatory developments and changing riskpractices on their business model, control framework, reportingobligations as well as capital and liquidityrequirements.
• Developing client relationships,grow networks and assist in identifying and converting engagementopportunities
• Developing product offerings andpreparation of technical proposals and pitches toclients
• Assisting in developing and deliveringinternal and external training materials
• Mentoring, coaching and developing junior teammembers.

What are welooking for?

• Youwill have gained significant experience in Prudentialregulatory matters and risk management practices, either inindustry, another consultancy, and/or the Prudential RegulationAuthority (PRA).
• Knowledge of, and experiencein 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,covering existing and forthcoming regulations, specifically,knowledge of the PRA Rulebook, Supervisory Statements, the FCAHandbook and Basel 3.1
  • Preparation or reviewof Internal Capital Adequacy Assessment Process (ICAAP), inparticular Pillar 1 capital requirements, Pillar 2 risks,robustness of stress test scenarios; Internal Liquidity AdequacyAssessment Process (ILAAP), Internal Capital Adequacy and RiskAssessment (ICARA), Regulatory Reporting (COREP, FINREP, PRA) andRecovery Plan (RP)
  • Good understanding of thePRA\’s supervisory model – including internal and external riskfactors, and risk mitigants.
  • Experience ofreviewing regulatory returns, s166 reports, and firms\’ businessmodels.

About ForvisMazars

Forvis Mazars is aleading global professional services network operating under asingle brand with just two members: Forvis Mazars, LLP in theUnited States and Forvis Mazars Group SC, an internationallyintegrated partnership operating in over 100 countries andterritories. Both members share a commitment to providing anunmatched client experience, delivering audit & assurance, tax,advisory and consulting services across the globe.

We are one diverse, multicultural, multi-generational teamwith a huge sense of connection and belonging. This is a placewhere you can take ownership of your career, get involved, believein yourself and put your ideas into action.

AtForvis Mazars, we celebrate individuality and thrive on teamwork.We give people the freedom to make a personal contribution to ourshared purpose. We support one another to deliver quality, createchange and make an impact so that everyone can reach their fullpotential.

CentralLondon based office location with a hybrid workingmodel!

Being inclusiveis core to our culture at Forvis Mazars; we want to ensureeveryone, whether in the recruitment process or beyond is fullysupported to be their unique self. To read more about ourapproach clickhere.

Our aim is tomake the recruitment process as accessible and inclusive aspossible – please contact us to discuss any changes you may requireso we can work with you to support you throughout yourapplication.