At a Glance
- Tasks: Lead a team in providing regulatory assurance to banks and financial entities.
- Company: Join Deloitte, a global leader in audit and assurance services.
- Benefits: Enjoy hybrid working, competitive salary, and professional development opportunities.
- Other info: Support for career returners and a culture of inclusion and collaboration.
- Why this job: Make a real impact in the financial sector while building trust and transparency.
- Qualifications: Experience in regulatory frameworks and strong leadership skills required.
The predicted salary is between 60000 - 80000 £ per year.
Connect to your Industry
Our Assurance practice encompasses skills across regulation and finance with a deep analytics capability. We harness these to provide Assurance to those charged with governance, serving the public interest. Working in Assurance means you will have an opportunity to work alongside leading experts, as we help build and enhance trust between businesses and the public, by responding to emerging issues and protecting the public interest. Providing assurance to help businesses become more resilient, agile and better prepared for the future. To be resilient, businesses must be ready to respond to current and future challenges and opportunities. They are increasingly being required to be more transparent with their reporting, to drive trust and confidence in the market, and protect the wider public interest. Assurance builds, maintains and develops confidence. We provide independent assurance by assessing the risks and underlying processes, providing conclusions as to which risks are being managed and mitigated in line with the business' appetite for risk. Deloitte's assurance offerings help those charged with governance to understand their business and build trust amongst key stakeholders and regulators.
Connect to your career at Deloitte
Deloitte drives progress. Using our vast range of expertise, we help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more. What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.
Connect to your opportunity
The Banking and Capital Markets Prudential Regulatory Assurance Team is a national team of regulatory experts covering the provision of Prudential Regulatory Assurance services across core prudential disciplines including: capital, liquidity, regulatory reporting, Pillar 3 disclosures, stress testing and wider prudential risk management expectations across risk types (e.g. credit, liquidity, counterparty credit risk, IRRBB market risk). Our team covers prudential requirements for both PRA (banks, systemic broker dealers) and FCA regulated entities (MIFIDPRU firms, payment firms). Given the breadth of our team’s expertise and client portfolio, we provide individuals with the opportunity to focus on specific risk and firm types, or broader exposure across risk types and firms. As an important member of the team we will provide you with ongoing support to allow you to further develop into a leading specialist in your discipline, gain experience of others, and play your part in maintaining and building our esteemed position in the market.
Responsibilities include:
- Work on a portfolio of client engagements simultaneously, managing internal and client senior stakeholders’ expectations as well as developing junior members of the team.
- Provide clients with practical and technical advice on specific elements of the prudential regulatory framework applicable to Banks, FCA MIFIDPRU and other regulated entities (e.g. PRA/FCA Rulebooks and related Supervisory and Policy Statements, CRR3/CRDVI for EU firms).
- Help clients to anticipate and assess the impact of regulatory change (e.g. Basel 3.1).
- Undertake specialist reviews of core regulatory capital/liquidity/leverage calculations, ICAAP/ILAAP documentation and gap analysis of regulatory compliance.
- Assist firms in preparing for and/or follow up arising from PRA/FCA interactions, including SREP/L-SREP themed visits, and in preparing applications for PRA/FCA authorisations or variations in permissions.
- Benchmark prudential regulatory frameworks compared with peer/industry practice.
- Work effectively in an inclusive team culture where people are recognised for their contribution.
Connect to your skills and professional experience
Our Managers play an important role in the end-to-end success of our projects. Alongside the ability to motivate team members, manage budgets and deliver on deadlines you’ll need detailed technical knowledge combined with practical experience in the Prudential Regulatory environment in the financial services industry. This may be from working in another Consulting firm, as a regulator for financial services firms or in the industry within a regulatory policy, finance, risk or regulatory reporting role.
Practical experience in one or more of the following areas:
- Regulatory Capital Rules (PRA Rulebook/CRR), Capital management, capital forecasting or ICAAP.
- Liquidity management, liquidity forecasting, ILAAP, NSFR or LCR.
- Regulatory Reporting.
- Stress testing.
- Controls assessment and testing, potentially gained in an external or internal audit environment.
- Risk Appetite and Risk Management Frameworks.
- Investment Firm Prudential Regime.
- Knowledge of the latest regulatory developments.
- An ability to deliver a high-quality service and manage a diverse range of clients simultaneously.
- Able to build and foster trusted and lasting client relationships leading to opportunities for the firm.
Connect to your return to work opportunity
For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.
Our hybrid working policy
You’ll be based in London with hybrid working. We do have a national team so there are options to be based out of one of our regional offices where appropriate. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.
Manager, Banking and Capital Markets, Prudential Regulatory Assurance, Audit and Assurance in London employer: Hm Revenue & Customs (Hmrc)
HM Revenue & Customs (HMRC) is an excellent employer for those looking to make a meaningful impact in the media sector. With a strong commitment to employee development, a collaborative work culture, and the flexibility of hybrid working arrangements in London, HMRC provides a supportive environment where individuals can thrive and grow their careers while contributing to innovative operational designs.
Contact Details:
Hm Revenue & Customs (Hmrc) Recruitment Team