Senior Associate – Independence Team – Corporate Independence
We are looking for a Senior Associate who is solutions-focussed, is skilled at building relationships, who enjoys being at the heart of change, and who wants to be part of a cohesive, vibrant and growing team.
The role requires a Senior Associate who has a practical and methodical approach to problem solving, who is good with detail and able to cope with pressure. You must be confident in liaising with individuals at all levels throughout the firm, enjoy acquiring new knowledge and be able to deliver difficult messages on occasion.
Previous high level knowledge of the independence rules would be beneficial but is not a requirement. Full training on these elements of the role will be provided.
Whilst prior independence knowledge is useful, what is more important is that you have a willingness to learn a new technical area, a client service mentality/background would be helpful, excellent coaching and communication skills and you want to join a growing and dynamic team that provides critical business support to the firm in a complex and changing regulatory environment.
Being at the heart of PwC
PwC's ambition to grow through acquisitions and development of new innovative ways to serve clients, mandatory firm rotation, the ongoing climate of regulatory change, and the increased focus on globalisation all mean that PwC's ability to maintain Independence from our audit clients is ever more business critical for PwC. The Independence team has a vital role to play in enabling PwC's growth, whilst protecting our reputation and brand, and the team will be at the heart of change in the firm over the next few years.
The opportunities that we are offering will provide you with:
Breadth and insight into the activities of the firm by consulting on a xLoS basis;
The ability to contribute directly to the firm achieving its performance goals, especially regarding growth, leading firm and quality;
Ability to build a network of partners and staff across the firm and the wider PwC network and be seen as someone who can help them with complex issues;
An ability to enhance and refine your listening, influencing and communication skills;
The chance to be part of a solutions-focused, cohesive, vibrant team and;
An opportunity to develop a solid technical base and understanding of the independence rules which underpin everything we do as a Firm.
Compliance is led by three partners reporting directly to a member of the UK firm’s Management Board.
The department’s role is to support the partners and staff within PwC through the provision of policy and guidance to the firm in respect of a number of regulatory areas, including Independence, Data Protection, Anti-Money Laundering and Business Conduct and Ethics. The department also provides certain operational processes in support of those policies and is responsible for monitoring compliance with said policy and procedures.
The Independence Team is the largest single team within Compliance, consisting of 1 Director, 14 Senior Managers / Managers and approximately 16 Senior Associates and Associates. The Independence team is responsible for working with the practice to ensure that the firm meets its regulatory responsibilities as required under PwC Global Independence policy and FRC, IFAC, SEC, the new EU regulations and other territories’ rules.
The Independence team devote time to consulting regularly with practice staff to help them understand the complex nature of the independence rules and to give them solutions-focussed guidance to help structure the services the Firm would like to provide to our clients.
In addition to this advisory mandate, the team is also responsible for the management of potential conflicts of interests / ethical walls.
Opportunity for working from home? (Yes 10%)
Amount of time client based (0%)
Opportunity for job sharing? (No)
Need to travel/overnight stays away from home (No)
Opportunity for flexible working (hours)? (Yes)
Amount of time PwC office based (100%)
As a Senior Associate within the Corporate Independence team, you will be responsible for undertaking the following tasks:
Managing your own portfolio of independence assessments and consultations with key stakeholders in the practice to give guidance on Independence considerations.
Efficiently reviewing the analysis of audit relationship checks to assess the need for conducting an Independence Assessment.
Providing advice and guidance regarding queries submitted by the practice. This will involve both the initial interpretation of the firm’s independence rules against specific query related facts and the development of initial advice on matters under review.
Coaching junior team members on various aspects of Independence (e.g. non-audit services, new EU regulations). This includes exhibiting role model behaviour in addition to helping them fulfil their potential by assisting with their learning and personal development.
Day to day management of one of the core Independence processes within the independence assessments function, which are key to operational activities.
Other ad-hoc projects as the department so determines from time to time, including the provision of general support to other independence activities.
We require the following skills for this role:
Ability to demonstrate clear understanding of commercial / client-facing issues, and empathy with the client facing practitioners who the Independence team support;
Intellectual capacity to make good judgements with strong analytical, organisational, project management skills and attention to detail;
Excellent communication skills, able to interact with self-confidence at all levels, as well as managing internal relationships, e.g. with key stakeholders;
Ability to interact with others' demands providing support and/or influencing, with the flexibility to change behaviour where necessary; and
A conscientious, ambitious team player, with good self-management skills and an ability to take initiative.