Financial Risk & Regulation Manager (Assurance)

About the role

PwC's FS Risk & Regulation assurance team advises banks and other regulated financial institutions on prudential risk issues affecting capital, liquidity, regulatory reporting, stress testing, recovery and resolution. This manager-level role suits someone with strong banking prudential risk expertise who wants varied, client-facing work rather than purely internal control, policy or reporting. You will work across a small number of concurrent client projects.

Key responsibilities

• Review client policies, procedures, governance packs, regulatory returns, risk reports, models and management information to identify gaps and inconsistencies.
• Analyse capital, liquidity, stress testing and balance sheet data, explaining assumptions and where further challenge is needed.
• Prepare deliverables such as findings papers, gap analyses, impact assessments, remediation plans, framework documents, process maps and management reports.
• Attend meetings with client Risk, Finance, Treasury, Regulatory Reporting and senior management teams to agree next steps.
• Manage project progress, risks and dependencies, and escalate issues such as timelines, scope or data availability.
• Review the work of junior team members, give clear feedback and help them build technical knowledge and delivery discipline.
• Contribute to internal technical materials, market updates, proposals and views on emerging prudential risk topics.

Required profile

• At least 4 years of experience in capital management, liquidity, risk, regulatory reporting, recovery and resolution, stress testing or credit risk.
• Numerical and analytical capability, with quantitative skills or modelling experience a plus.
• Business acumen, relationship management, creativity, excellent written and verbal communication, and leadership experience.
• Willingness to learn additional prudential risk areas beyond your specialist knowledge.

Required skills

• Capital management: CRR and RWA calculations, capital planning and adequacy.
• Credit risk: frameworks, appetite, PD/LGD/EAD, impairment and provisioning.
• Liquidity: LCR, NSFR, ILAAP, contingency funding planning, LCR Delegated Act.
• Stress testing: ICAAP, ILAAP, recovery plan, scenario design and modelling.
• Recovery and resolution: recovery, wind-down and resolution planning, resolvability assessments.
• Regulatory reporting: COREP, ALMM, STE, resolution reporting, data quality and governance.

The role is open to candidates eligible for work visa sponsorship.