We’re committed to building an inclusive culture that empowers all of our people to thrive and feel a sense of belonging at PwC. We seek to attract talented people from different backgrounds with diverse perspectives who can bring innovation and creativity.
Credit Risk Pillar 1 Regulatory Capital Senior Manager
Share job link
Job Advanced Widget
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, you’ll 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, supporting senior team members through the development of marketing and sales activities and relationship building and networking with clients and internally across PwC
Providing input to the debate on development and application of regulation and participating in PwC’s 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 client’s 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 you’ll 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.
Get notified for similar jobs
Success!
Successfully subscribed for similar jobs
Failure!
Get tailored job
recommendations based on your interests.
Profile recommendations
Similar Jobs
Job seekers also viewed
We’re committed to building an inclusive culture that empowers all of our people to thrive and feel a sense of belonging at PwC. We seek to attract talented people from different backgrounds with diverse perspectives who can bring innovation and creativity.
'The Deal’, is our firmwide Employee Value Proposition which clearly sets out what you can expect from your experience at the firm both professionally and personally, including our approach to hybrid working, and what we expect from you in return.
As part of our overall deal we offer you a competitive package.
We make recruitment and workplace adjustments wherever needed and practical, so please let us know in your application if there’s anything that will enable you to demonstrate your skills.