Financial Services Managing Consultant - Regulatory Risk

As a Managing Consultant within the Regulatory Practice of Financial Services, you will lead and manage a team, partner with senior consultants, deliver high‑quality advisory services, and develop client relationships. You will also support business development activities, write proposals and presentations, and assist in strategic planning.

Responsibilities

• Manage a Financial Services team in conjunction with Associate Directors to ensure timely and accurate delivery of high quality advisory services at clients’ sites when required and in accordance with RSM’s Standards.
• Lead and manage agreed client portfolio for the service line and regional area.
• Support the Associate Director with preparations of strategy documentation for each client, supported by a fully cost‑ed service delivery proposal, for subsequent approval by the Director/Partner.
• Assist in building the discipline and ensuring the team delivers exceptional client advisory services.
• Control and manage the delivery of the client programme, ensuring that the work is completed to time and budget, providing solutions on any issues as appropriate to the Associate Director.
• Ensure effective planning and utilisation of team members in line with the approved budget – including mapping complex scheduling to optimise profitability.
• Monitor the effectiveness and quality of work through effective manager review of the work.
• Engage with client billing in accordance with the firm’s billing timescales, providing solutions to all potential adverse issues that may impact on the achievement of the agreed client billing and recovery targets.
• Deal with day‑to‑day team matters, including feedback on performance, assist in appraisals, the recruitment process, team welfare and H&S.
• Build relationships with new clients and identify/act upon all potential additional work opportunities at new clients or new work with potential clients.

Qualifications

• Extensive, hands‑on FCA regulatory compliance experience, ideally gained within the UK financial services sector.
• Deep understanding of the FCA Handbook – including SYSC, PRIN (including Consumer Duty), COBS, MCOB, ICOBS, CONC, DISP and financial crime requirements – and the ability to interpret, apply and communicate these in a practical, commercial manner.
• Consultancy or advisory experience, preferably gained within a leading professional services firm.
• Experience delivering regulatory projects, producing high‑quality outputs, managing competing client demands, and working to defined scopes and deadlines.
• Proven experience in regulatory interpretation, compliance monitoring, thematic reviews, horizon scanning, regulatory mapping, gap analysis and drafting or enhancing policies, procedures and control frameworks aligned to FCA expectations.
• Ability to assess regulatory developments and translate them into actionable, business‑focused guidance.
• Experience supporting or leading engagements involving regulatory interaction – such as supervisory requests, remediation initiatives, Skilled Person Reviews or regulatory readiness assessments – is highly desirable.
• Strong awareness of current and emerging FCA priorities, industry thematic issues and enforcement trends, with the capability to advise clients and internal stakeholders on potential impacts and proportionate compliance solutions.
• A dynamic, ambitious and proactive approach, supported by strong organisational skills and the ability to manage multiple projects simultaneously while meeting deadlines and maintaining high quality standards.
• Sound knowledge of the UK financial services sector and the regulatory landscape, including familiarity with key bodies such as the FCA and PRA.
• Will be expected to travel to client sites in own time, limited where possible to 1½ hours each way.
• Excellent communication skills, both oral and written, critical to interacting with senior individuals within RSM and client organisations.

Benefits

• Hybrid and flexible working.
• 27 days holiday (with the option of purchasing additional days).
• Lifestyle, health and wellbeing benefits including financial wellbeing support, an electric car scheme and access to a virtual GP.
• Access to a suite of 300+ courses on demand developed by our in‑house Talent Development team.