Job description

Senior Associate - CoE - Banking & Capital Markets Infrastructure

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Line of service
Assurance
Grade
Senior Associate/Senior Consultant
Specialism
Financial Services Risk and Regulation - Centre of Excellence
Industry
Banking and capital markets
Position type
Full Time
Job ID
23288BR

Job description

Who we are looking for

We are looking for a talented Senior Associate to join our Financial Services Risk and Regulation (FSRR) Centre of Excellence (CoE). The role will provide an opportunity to develop your technical knowledge across a range of topics, and support a broad range of clients across the wholesale banks, capital markets and market infrastructure providers.

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. Our role is to support both clients directly and other FSRR client teams in our areas of regulatory expertise, often acting as deep subject matter specialists. Our team includes experts who cover asset 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.

Our focus is forward looking. 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 do this by developing relationships, knowledge and skills to help clients with the challenges they face.

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 at the Senior Associate level.

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 team, 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.

Responsibilities

Technical and client:

  • Monitoring and reporting on clearing, wholesale banking and capital markets regulatory developments (including but not limited to Central Counterparties Recovery and Resolution, EMIR I/II, SFTR, MIFID II, benchmark reform etc.)

  • Supporting clients and client delivery teams with industry and technical expertise on wholesale banking, capital markets and central clearing conduct matters

  • Acting as subject matter expert (SME) on large and small engagements, often simultaneously

  • Develop expertise in other agreed technical areas, to build SME knowledge

  • Help to identify client and industry impacts of regulatory developments

  • Provide perspective and context on regulatory developments and technical issues, contribute to development of thought leadership

Operations

  • Manage CoE regulatory tracking activity with colleagues as appropriate.

Communications:

  • Producing written analysis and information including client publications, marketing materials, website content, training materials, etc.

  • Contributing to technical research, training, responses to consultation papers from relevant regulatory bodies etc.

  • Providing input to the debate on development and application of policy, participating in PwC’s Thought Leadership

Relationships

  • Help to maintain and develop PwC’s relationships with key trade association, regulatory and financial market infrastructure stakeholders.

Requirements

The following skills are required for this role:

Essential skills:

  • Deep technical grounding in wholesale banking, capital markets and market infrastructure risk and regulatory issues. Suitable topics include: CCR&R, EMIR, SFTR, CSDR, benchmarks, to a lesser extent MiFID II.

  • Knowledge of the sector, including the structures and operations of firms, the use of outsource and infrastructure providers

  • Experience with FCA principles, rules and regulatory processes

  • Excellent technical, delivery and communication skills

  • Strong organisational and interpersonal skills

  • Ability to prioritise tasks

  • Ability to make new contacts, build strong relationships with clients and regulators, listen to and understand client needs and interpret this into new opportunities to assist them

Desirable Skills:

  • Experience working with a UK or equivalent overseas regulator.

The ideal candidate would have demonstrable experience in wholesale banking issues. Previous experience is likely to have been in firm or in a policy/supervisory department at one of the regulators. Alternatively, the candidate may have gained his or her experience from working in an industry body, government department, law firm or consulting firm.



Location
London


Assurance

Assurance is a dynamic place to be right now, and the variety of opportunities on offer is unprecedented. It’s work that really does matter. It matters for businesses, governments and society at large. Our team provides confidence on the most complex decisions companies have to take and this provides a wealth of opportunities to everyone who joins us and works with us.

The skills we look for in future employees

All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, ‘The PwC Professional’ and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.

Learn more here www.pwc.com/uk/careers/experienced/apply

Diversity

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool, as well as those who reflect the diverse nature of our society. And we aim to encourage a culture where people can be themselves and be valued for their strengths. Creating value through diversity is what makes us strong as a business and as an organisation with an increasingly agile workforce, we're open to flexible working arrangements where appropriate.

Learn more here www.pwc.com/uk/diversity

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