Overview

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. Deloitte’s assurance offerings help those charged with governance to understand their business and build trust amongst key stakeholders and regulators. Deloitte drives progress by investing in outstanding people and building teams of future thinkers with diverse talents and backgrounds.

To be resilient, businesses must be ready to respond to current and future challenges and opportunities. They are increasingly 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 through independent review and challenge of management’s views on a range of regulatory and reporting requirements, whether financial, operational or compliance in nature.

Connect to your career at Deloitte

We help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people, build teams of future thinkers, and empower them all to reach for and achieve more. Our shared values guide every decision and action we take: lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact.

Connect to your opportunity

The Banking and Capital Markets Prudential Regulatory Assurance Team is a national team of regulatory experts covering 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 teams’ 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 a senior member of the team we will provide you with ongoing support to develop into a leading specialist in your discipline and to help maintain our esteemed position in the market.

Responsibilities

• 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 IFPRU 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 following 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
• Foster an inclusive team culture where people are recognised for their contribution

Connect to your skills and professional experience

Our Senior Managers play a leading 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 a combination 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
• Proven track record in managing teams and priorities/deliverables on a range of projects
• 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 business - Audit & Assurance

We know it’s not just about the numbers. It’s about the creative and collective thinking of our people. We’re redefining the future of audit. Come join us.

Assurance

Businesses need to be resilient and transparent in their reporting to build trust and confidence. Assurance practitioners play a key role in achieving this through independent review and challenge of management’s views on a range of regulatory and reporting requirements, whether financial, operational or compliance in nature.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). You will receive further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

“I assumed the culture would be very corporate, however, I have worked with people who have different personalities and approaches to the way they work. We do have a clear brand, but everyone is encouraged to be themselves.”

Our 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. 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.

Connect to your return to work opportunity

Are you looking to return to the workplace after an extended career break? For this role we can offer coaching and support designed for returners to refresh your knowledge and skills.

Our commitment to you

Making an impact is more than just what we do: it’s why we’re here. We work to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before. We nurture a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. Your wellbeing is a priority, and you’ll learn and grow through world-class development. You’ll lead when you’re ready, at any level.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day and you’ll never stop growing, whatever your level. Discover more reasons to connect with us at deloitte.co.uk/careers.