Credit Risk Pillar 1 Regulatory Capital Manager
Credit Risk Pillar 1 Regulatory Capital Manager
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Job Description
Line of Service
AssuranceIndustry/Sector
Banking and Capital MarketsSpecialism
RiskManagement Level
ManagerJob Description & Summary
About the role:
We are part of a large credit risk advisory and assurance team within our marketleading Financial Services Banking Financial Risk team. Our growth is underpinned by a strong market demand for credit risk management and transformation 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 businessasusual 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 requirements and future Basel 3.1 requirements.
What your days will look like:
As a 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 and transformation of regulatory processes 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 daytoday 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 and transformation 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 selfassessments and regulatory reporting
Preparing regulatory analysis and reports
Supporting team members through the development of marketing and sales activities
Relationship 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:
Strong written numerical and verbal communication skills
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
The technical skills we are looking for are specific to Pillar 1 credit risk requirements
We need individuals with skills in a combination of the following:
Strong understanding of the endtoend credit life cycle for retail and/or wholesale banks associated policies procedures controls and governance
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
Experience with regulatory transformation and/ore regulatory change and implementation programmes
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 AntiMoney Laundering (AML) Coaching and Feedback Coaching and Training Communication Compliance Advisement Compliance Oversight Compliance Program Implementation Compliance Risk Assessment Confidential Information Handling Contract Review Contractual Risk Mitigation Contractual Risk Monitoring Contract Writing Creativity Crisis Management Data Loss Prevention (DLP) Data Security Discretion and Business Ethics Embracing Change Emotional Regulation Empathy 37 moreDesired Languages (If blank desired languages not specified)
Travel Requirements
Not SpecifiedAvailable for Work Visa Sponsorship
YesGovernment Clearance Required
NoJob Posting End Date
Required Experience:
Manager
Employment Type
Full-Time
