Assistant Manager, Prudential Regulatory Assurance, Audit & Assurance
Deloitte
Assistant Manager, Prudential Regulatory Assurance, Audit & Assurance
Salary Not Specified
Deloitte, City of Westminster
- Full time
- Permanent
- Onsite working
Posted 1 week ago, 18 May | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: 1610fa0740f54110b41b4d18a10cb8cd
Full Job Description
- Provide 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
- Help clients to anticipate and assess the impact of regulatory change
- 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/ECB interactions, including SREP/L-SREP themed visits, and in preparing applications for PRA/FCA/ECB authorizations or variations in permissions
- Benchmark prudential regulatory frameworks compared with peer/industry practice
- Work effectively in diverse teams within an inclusive team culture where people are recognised for their contribution
- Work on a portfolio of client engagements simultaneously, managing internal and client stakeholders' expectations as well as developing junior members of the team
Candidates looking to apply for this opportunity will have 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. - Regulatory Capital Rules (CRR), Capital management, capital forecasting or ICAAP
- Liquidity management, liquidity forecasting, ILAAP, NSFR or LCR
- 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
- Solvent wind-down or Recovery and Resolution
- Investment Firm Prudential Regime
- Proven track record in working effectively in a team and managing priorities/deliverables on a range of projects
- Knowledge of the latest regulatory developments in relation to Basel, CRR3/CRD6, UK PRA (e.g. Basel 3.1) and FCA prudential policy and key current prudential issues facing regulated firms, including the New Prudential Regime for Investment Firms, CRR 2/CRD V and Basel IV
- An ability to deliver a high-quality service and build client relationships
Connect to your Industry
Practical experience in one or more of the following areas:
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, that covers audit, risk advisory, and consulting services across tax, legal, business, technology and corporate finance, 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 Prudential Regulatory Assurance Team is a national team of regulatory experts covering the provision of Prudential Regulatory Assurance services across several core disciplines including capital, liquidity, regulatory reporting, recovery planning and wind-down, public disclosures, stress testing, credit and market risk frameworks, risk appetite and risk management frameworks and interest rate risk in the banking book.
As a member of the team, we will provide you with ongoing support to allow you to grow as a leading specialist in your field., We know it's not just about the numbers. Often, we let the technology take care of those. It's about the creative and collective thinking or our people. That's where the true insight is found. We're redefining the future of audit. Come join us.
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. This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm. The recruitment team will provide further detail as you progress through the recruitment process.
Connect with your colleagues
"Deloitte is known for its flexible working environment and the support it offers to new parents. As a first-time mother I was a bit nervous joining the team, but the people around me have made it easy for me to manage my career around personal commitments. "
"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."
-Alice, Audit and Assurance
"The team I support works with one of Deloitte's biggest clients. To be involved with such an influential client so early in my career is really rewarding; I love it."
-Owen, Audit and Assurance
The progression at Deloitte is steady and I've always felt in control of my own career path. You can learn something new here every day which I really enjoy., 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 commitment to you
Making an impact is more than just what we do: it's why we're here. So we work hard 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 want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for.
Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead.
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, our people and purpose-driven culture at deloitte.co.uk/careers, Deloitte LLP is the United Kingdom affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see About Deloitte to learn more about our global network of member firms.
Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom.