Assistant Manager, Prudential Regulatory Assurance, Audit and Assurance

Location: London, United Kingdom

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Legal

Industries: Accounting

Responsibilities

• Working on a portfolio of client engagements simultaneously, managing internal and client stakeholder expectations
• Helping clients to anticipate and assess the impact of regulatory change
• Providing clients with practical and technical advice on specific elements of the prudential regulatory framework applicable to Banks and FCA MIFPRU and other regulated entities, including within the EU under the CRR/CRD regulations
• Undertaking specialist reviews of core regulatory capital/liquidity/leverage calculations, ICAAP/ILAAP documentation and gap analysis of regulatory compliance
• Assisting clients in preparing for, and/or addressing follow ups arising from, PRA/FCA/ECB interactions, including SREP/L-SREP themed visits, and in preparing applications for PRA/FCA/ECB authorizations or variations in permissions
• Benchmarking clients prudential regulatory frameworks compared with peer/industry practice
• Providing subject matter expertise, advice and recommendations on the above topics to help clients anticipate, assess and respond to regulatory requirements
• Developing your critical thinking and other analytical skills in explaining regulatory expectations and their impact for clients, including through:
  • Reviewing and inputting into the enhancement of policies, procedures and other work products; and
  • Completion of Deloitte reviews.
• Engaging and working effectively in a wide range of teams and alongside subject matter experts across Deloitte to provide clients with the expertise to best meet their needs.

Qualifications

• Ownership of practical experience in one or more of the following areas combined with practical experience in the Prudential Regulatory environment in the financial services industry or the payments sector (e.g., liquidity risk management, ILAAP, liquidity regulatory reporting, regulatory capital rules, regulatory reporting, stress testing, credit or market risk management frameworks, risk appetite and risk management frameworks, interest rate risk in the banking book, recovery and resolution planning or solvent wind-down, investment firm prudential regime, knowledge of the latest regulatory developments in relation to Basel, CRR3/CRD6, UK PRA, E-money and payment services institutions, governance, risk or other types of operating frameworks).
• Experience in working across a variety of subject matter that may change with emerging regulatory frameworks.
• Ability to prioritise and manage projects/stakeholders effectively, with experience of the consulting/audit engagement lifecycle and quality agenda.
• Demonstrated ability to deliver a high-quality service and build client relationships.
• Working effectively in a diverse team within an inclusive team culture where people are recognised for their contribution.

Hybrid Working Policy

You’ll be based in London with hybrid working. 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.

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.

Commitment to You

Making an impact is more than just what we do: it’s why we’re here. We work hard to create an environment where you can experience a purpose that you believe in, the freedom to be you, and the capacity to go further than ever before.