Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support firms in navigating prudential regulations and optimise their financial structures.
- Company: Join a leading consultancy with a rich history of supporting the UK economy.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Why this job: Make a real impact in the financial services sector while developing your expertise.
- Qualifications: Understanding of financial regulations and strong problem-solving skills required.
- Other info: Opportunities for mentorship and career growth in a collaborative team.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Prudential Risk Manager
Our client is one of the world's largest and most respected consultancies. They have supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. They have proudly stood beside the institutions and businesses which make the UK what it is. By encompassing a wide range of disciplines across a breadth of areas such as Customer Experience and Digital, Strategy, Forensic, Risk and Regulatory, People and Talent, and Operational and Financial Transformation, they have become immersed in thier clients' organisations, applying sector knowledge and technology solutions to deliver the best possible outcomes and get it right first time.
What will you be doing?
- Assisting firms in understanding the impact of prudential developments (e.g. CRDV/CRRII, Basel 3.1, Solvency II etc.)
- Advising firms on mechanisms to optimise their balance sheet and achieve efficient capital structures
- Advising firms on their legal entity structures and booking models and the regulatory implications of changes to their structures
- Providing prudential regulatory support, advice and due diligence on transactions
- Assisting with applications to the Financial Services Authority for Part IV permissions
- Practically supporting firms in developing the ICAAP, ILAAP, ORSA processes
- Managing Section 166 reviews and reporting to the PRA and FCA
- Advising firms on managing their relationship with PRA and FCA
- Delivery of client engagements including ownership of workstreams on larger engagements and leading small and medium sized teams
- Taking a leading role in the identification of business development opportunities and assisting with the preparation of client proposals
- Mentoring and coaching of other less experienced team members
- Support KPMG's efforts in relation to sales and marketing, Research and Development and Knowledge Management
What will you need to do it?
- Understanding of banks or insurance business models and commercial drivers
- Understanding of and experience in the PRA rules and guidance, particularly concerning prudential regulation
- The ability to be flexible and work across a number of sectors within the financial services industry
- Industry recognised qualification (e.g. CISA, FPC, IMC, CFA etc.) desirable but not essential
- Solutions-driven mindset and problem-solving skills
- Effective oral and written communicator (the role will involve report writing)
- Proficient in excel (macros, VBA etc.)
- Planning and project management skills
- Proven ability to achieve results, even when faced with obstacles or setbacks
- Positive and flexible attitude to work and a willingness to embrace new initiatives
- Networking, influencing and stakeholder management
- Confident and highly motivated individual
- Relevant financial services experience with a prudential regulatory, treasury or ratings focus either as part of a financial services firm, ratings agency, consultancy or PRA/FCA
- Experience of banks' business models and excellent technical knowledge of prudential regulatory issues (including: CRD, capital requirements, capital, liquidity, treasury, PRA authorisations etc.)
- Understanding of key commercial and regulatory developments and key current issues facing clients
- Ability to produce and deliver high quality technical analysis, using excellent oral / written communication skills and demonstrating breadth and depth of knowledge
- Strong team player, driven, self-starter
McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.
Prudential Risk Manager employer: McGregor Boyall
Contact Detail:
McGregor Boyall Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Prudential Risk Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy to reach out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its recent projects. Show them you’re not just another candidate; you’re genuinely interested in what they do. Tailor your answers to reflect their values and needs.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online resources to get comfortable with common questions. The more you practice, the more confident you’ll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that job!
We think you need these skills to ace Prudential Risk Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Prudential Risk Manager role. Highlight your experience with prudential regulation and any relevant qualifications. We want to see how your skills align with what we’re looking for!
Showcase Your Communication Skills: Since effective communication is key in this role, don’t forget to demonstrate your written communication skills in your application. Use clear, concise language and make sure your documents are well-structured. We love a good, organised application!
Highlight Problem-Solving Abilities: This role requires a solutions-driven mindset, so share examples of how you've tackled challenges in the past. We want to see your problem-solving skills in action, so don’t hold back on those success stories!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be set!
How to prepare for a job interview at McGregor Boyall
✨Know Your Prudential Regulations
Make sure you brush up on the latest prudential regulations like CRDV, CRRII, and Basel 3.1. Being able to discuss these topics confidently will show that you're not just familiar with the jargon but also understand their implications for businesses.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled complex issues in previous roles. This could be anything from optimising a balance sheet to managing regulatory changes. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Demonstrate Your Communication Skills
Since the role involves report writing and client engagement, practice articulating your thoughts clearly. You might want to prepare a brief presentation on a relevant topic to showcase your ability to communicate complex information effectively.
✨Be Ready to Discuss Team Dynamics
As a Prudential Risk Manager, you'll likely lead teams and mentor others. Think about your past experiences working in teams and how you've influenced or supported your colleagues. Be prepared to share specific examples that highlight your leadership style.
