Senior Manager, Financial Risk & Regulation (Assurance)

About the role

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

Key responsibilities

• Work on concurrent client projects or workstreams, organising your work, tracking actions and delivering agreed outputs.
• Review client information such as policies, procedures, governance packs, regulatory returns, risk reports, committee materials, models, calculations and management information.
• Identify issues, gaps and inconsistencies against regulatory requirements, supervisory expectations and good practice.
• Analyse numerical data on capital, liquidity, stress testing, regulatory reporting and the balance sheet, explaining figures, assumptions and where further challenge is needed.
• Prepare deliverables such as findings papers, gap analyses, impact assessments, remediation plans, framework documents, process maps, management reports and materials for senior stakeholders.
• Attend meetings with client teams across Risk, Finance, Treasury, Regulatory Reporting and senior management, and keep project teams informed on progress, risks and dependencies.
• 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 points of view on emerging prudential risk topics.

Required profile

• At least 6+ years of experience in a related area such as capital management, liquidity, risk, regulatory reporting, recovery and resolution, stress testing or credit risk.
• Specialist knowledge in one of the listed areas, with a willingness to learn the others.
• Numerical and analytical capability, reading, interpreting and challenging data, calculations, assumptions and modelling outputs; quantitative skills or modelling experience is a plus.
• Business acumen, relationship management, creativity, excellent written and verbal communication, and leadership experience in developing yourself, team members, clients and the business.

Required skills

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

PwC offers an inclusive culture, celebrates achievements and provides a selection of perks for its employees. The firm supports applicants who need adjustments during the application or interview process.