Job description
The Person:
- Relevant financial services experience with a prudential regulatory, treasury or ratings focus either as part of a financial services firm, ratings agency, consultancy or PRA/FCA;
- Experience of banks' business models and excellent technical knowledge of prudential regulatory issues (including: CRD, capital requirements, capital, liquidity, treasury, PRA authorisations etc);
- Understanding of key commercial and regulatory developments and key current issues facing clients;
- Ability to produce and deliver high quality technical analysis, using excellent oral / written communication skills and demonstrating breadth and depth of knowledge
- Strong team player, driven, self-starter.
The role:
- Assisting firms in understanding the impact of prudential developments (e.g. CRDV/CRRII, Basel 3.1, Solvency II etc.)
- Advising firms on mechanisms to optimise their balance sheet and achieve efficient capital structures
- Advising firms on their legal entity structures and booking models and the regulatory implications of changes to their structures
- Providing prudential regulatory support, advice and due diligence on transactions
- Assisting with applications to the Financial Services Authority for Part IV permissions
- Practically supporting firms in developing the ICAAP, ILAAP, ORSA processes
- Managing Section 166 reviews and reporting to the PRA and FCA
- Advising firms on managing their relationship with PRA and FCA
- Delivery of client engagements including ownership of workstreams on larger engagements and leading small and medium sized teams.
- Taking a leading role in the identification of business development opportunities and assisting with the preparation of client proposals
- Mentoring and coaching of other less experienced team members
- Support KPMG's efforts in relation to sales and marketing, Research and Development and Knowledge Management
Qualifications and Skills
- Understanding of banks or insurance business models and commercial drivers.
- Understanding of and experience in the PRA rules and guidance, particularly concerning prudential regulation
- The ability to be flexible and work across a number of sectors within the financial services industry
- Industry recognised qualification (e.g. CISA, FPC, IMC, CFA etc.) desirable but not essential.
- Solutions-driven mindset and problem-solving skills.
- Effective oral and written communicator (the role will involve report writing).
- Proficient in excel (macros, VBA etc.)
- Planning and project management skills.
- Proven ability to achieve results, even when faced with obstacles or setbacks.
- Positive and flexible attitude to work and a willingness to embrace new initiatives.
- Networking, influencing and stakeholder management.
- Confident and highly motivated individual.