9 days ago
We are currently looking for a Manager to join our Financial Services Risk and Regulation Centre of Excellence, part of our broad Financial Services Risk and Regulation (FSRR) practice.
The role will provide an opportunity to develop your technical knowledge across a range of topics and your wider industry knowledge, engage with senior stakeholders in clients and public sector bodies and support a broad range of financial services clients. It offers a unique mix of client work, market profile activities, regulatory engagement and proposition incubation.
Who we are
About the FSRR
In the fast evolving world of financial services regulation, organisations need support and advice in how to deal with and manage regulatory change. The FSRR practice works with our clients to provide high quality advice and assurance to the financial sector. We help clients to anticipate and understand regulatory and policy change and make the necessary changes and adjustments to their business to manage this change. Where it is too late to prevent failure, we work with our clients to investigate the source of the problem, deal with the impacts and help to establish controls to support compliance going forward.
Joining our FSRR Centre of Excellence
The CoE is a growing part of our business. We act as the ‘engine room’ of our FSRR practice, supporting client teams in areas of risk and regulatory expertise, often acting as deep subject matter specialists.
We track new developments that will affect our clients, and engage with a wide range of stakeholders including regulators in the UK, EU and supranationally. We focus on emerging trends in risk and regulation, seeking to develop early points of view and thought leadership. We take a forward-looking view to new risk and regulatory issues, develop a deep understanding of the potential implications and use these insights to engage with clients and our client teams.
Through these activities we develop the relationships, knowledge and skills to help clients with the important challenges they face. We work with other FSRR teams to support our clients, bringing a deep understanding of clients’ business and operational models, as well as the wider issues affecting their businesses and the industry.
Our team includes experts who cover asset and wealth management, banking and capital markets and insurance. The team includes risk, regulatory, legal and compliance professionals from a wide range of backgrounds including people from industry, auditors, lawyers, economists, industry bodies and policy makers and regulators.
Who we are looking for
As part of the FSRR, we have significant growth plans and are looking for ambitious and dedicated professional advisers to help us deliver on these plans. In line with our growth strategy and our long term plans in investing in financial services, we are seeking to supplement the existing team with new talent.
With the help of this new talent, our aim is to continue to build a team that is known in the market as the best in class risk and regulatory consulting practice, interacting with the major players in the UK, EU and global financial services industry and playing a key role in the services we offer to our clients.
Helping build PwC’s relationships with financial services policy making bodies (PRA, BoE, FCA, HMT, DExEU) and with financial services industry bodies
Helping our financial services clients understand regulatory expectations and future trends
Engaging with policy makers and leading on producing PwC’s response to consultations, discussion papers and relevant Parliamentary inquiries
Supporting clients and client delivery teams with industry and technical expertise on risk and regulatory matters
Acting as subject matter expert on large and small engagements, often simultaneously
Contributing to the work of the Centre of Excellence, focusing on new regulatory developments, wider themes and regulators’ policymaking, supervisory and enforcement activities
Producing written analysis and information including client publications, marketing materials, website content, training materials, press releases, etc. in conjunction with the CoE’s market profile team
Conducting technical research, training, responding to consultation papers from relevant regulatory bodies, speaking at client events etc.
Providing input to the debate on development and application of policy, participating in developing Thought Leadership
The ideal candidate would have experience of working at the UK’s financial services regulators (ideally with an insurance or investment firms’ background), and be able to identify how risk and regulatory challenges will impact clients, as well as an awareness of the wider issues affecting this sector. Alternatively, the candidate may have gained his or her experience from working in a firm, industry body, government department, law firm or consulting firm.
The following skills are required for this role:
An ability to develop a strong network internally, in policy making bodies and clients
A good understanding of the regulatory bodies and processes in the UK
A broad understanding of financial services regulation and how it impacts PwC’s financial services clients
Excellent technical, delivery and communication skills including using social media and other technology
Strong organisational and interpersonal skills
Ability to prioritise tasks and meet deadlines
Desire and ability to interpret regulatory changes into new opportunities to assist clients, drawing on wider geopolitical, technological and demographic issues