Credit Risk Pillar 1 Regulatory Capital Senior Manager

Line of Service

Assurance

Industry / Sector

Banking and Capital Markets

Specialism

Risk

Management Level

Senior Manager

Job Description & Summary

About the role :

We are part of a large credit risk assurance and advisory team within our market-leading Banking Prudential regulatory team. Our growth is underpinned by a strong market demand for credit risk management regulatory compliance and model risk management services.

The prudential regulatory credit risk requirements have and continue to be subject to significant reforms including Basel 3.1 the changes to the IRB requirements and the model risk management requirements. These developments have and continue to present challenges for firms both for ongoing compliance and from a more strategic perspective. Firms need technical and practical advice and support on regulatory compliance impact analysis and implementation including technology solutions in addressing these challenges whilst meeting business-as-usual regulatory expectations.

We are looking for candidates who have detailed regulatory technical knowledge and experience including the associated technical rules and guidance in Pillar 1 credit risk regulatory capital requirements under the Standardised and the IRB approaches. This includes technical knowledge of both the current and future Basel 3.1 requirements.

What your days will look like :

As a Senior Manager youll work as part of a team with extensive consulting and industry experience helping our clients solve their complex business issues from strategy implementation of regulatory change technology enablement regulatory gap analysis remediation of compliance gaps and responding to regulatory developments. Specific responsibilities include but are not limited to :

Being a member of and leading teams on both large complex and small engagements - working as part of a project team (where required at client sites) and day-to-day liaison with clients

Identifying the impact of prudential regulatory change and supporting clients to adapt to the challenges a new regulatory landscape presents

Supporting on the development of new technology solutions to calculate optimise implement and monitor the credit risk regulatory requirements

Working on Pillar 1 credit risk projects including requirements under the current and Basel 3.1 standardised and IRB approaches including implementation technology solutions remediation regulatory gap assessments annual IRB self-assessments and regulatory reporting

Preparing regulatory analysis and reports s upporting senior team members through the development of marketing and sales activities and r elationship building and networking with clients and internally across PwC

Providing input to the debate on development and application of regulation and participating in PwCs Thought Leadership

This role is for you if you have :

Knowledge and experience of at least one of retail commercial wholesale and / or investment banking sectors

Experience of problem solving and being able to implement and deliver solutions tailored to a clients needs

Able to understand interpret and communicate complex regulation

Strong understanding of the end-to-end credit life cycle for retail and / or wholesale banks associated policies procedures controls and governance. Specific to Pillar 1 credit risk requirements

Strong understanding of regulatory requirements for IRB knowledge of models is not essential but is considered beneficial

Deep technical experience and expertise in existing and future regulation (i.e. Basel 3.1) in relation to credit risk and IRB

Understanding of model risk management and model governance in the context of IRB models

Understanding of the COREP and other PRA prudential regulatory reporting requirements and associated governance and controls frameworks (relating to credit risk) as applicable

Experience with governance and risk management frameworks and systems and controls supporting prudential regulatory requirements

What youll receive from us :

No matter where you may be in your career or personal life our benefits are designed to add value and support recognising and rewarding you fairly for your contributions.

We offer a range of benefits including empowered flexibility and a working week split between office home and client site; private medical cover and 24 / 7 access to a qualified virtual GP; six volunteering days a year and much more.

Education (if blank degree and / or field of study not specified)

Degrees / Field of Study required :

Degrees / Field of Study preferred :

Certifications (if blank certifications not specified)

Required Skills

Optional Skills

Accepting Feedback Accepting Feedback Active Listening Analytical Thinking Anti-Bribery Anti-Money Laundering Compliance Business Ethics Coaching and Feedback Code of Ethics Communication Compliance and Governance Compliance and Standards Compliance Auditing Compliance Frameworks Compliance Program Implementation Compliance Reporting Compliance Review Compliance Risk Assessment Compliance Training Controls Compliance Creativity Cybersecurity Risk Management Data Analysis and Interpretation Data Protection Management (DPM) Disability Support 38 more

Desired Languages (If blank desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship

Government Clearance Required

Job Posting End Date

Required Experience :

Senior Manager

Key Skills

Arm,Risk Management,Financial Services,Cybersecurity,COSO,PCI,Root cause Analysis,COBIT,NIST Standards,SOX,Information Security,RMF

Employment Type : Full-Time

Experience : years

Vacancy : 1