Financial Risk and Regulatory Reporting Senior Associate

Full Time | Belfast, NORTHERN IRELAND | 4 months
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Job Summary

Full Time

Job Description

Who we are

PwC’s Operate delivers operational and managed service solutions to clients across a range of areas linked to their regulatory, risk and/or compliance agendas. We provide regulatory insight, highly skilled operational resource and an unrivalled technology offering thus enabling a high quality and cost effective solution to operational delivery challenges.

Our capabilities stretch across a number of service offerings including Financial Crime Operations, Compliance Operations, Finance Solutions and Customer Management. We have over 1,300 people located in our purpose built, secure delivery centre in Belfast; across our regional offices in London, Manchester, Glasgow and Edinburgh; and on a range of client sites.

About the role

The prudential regulatory regime continues to evolve with developments such as CRDV and ‘Basel IV’ in addition to the challenges for firms arising from the significant increase in supervisory scrutiny over prudential regulatory reporting (including potential external RWA assurance expectations and Skilled Persons Reports over capital and liquidity). These present challenges for firms both for ongoing compliance and also from a more strategic perspective. Firms need technical and practical advice on how to adapt to these challenges and assess the impact of the wider prudential reform agenda whilst meeting ‘business as usual’ regulatory expectations. In addition, firms and regulators need external parties with the right experience and expertise to provide independent assurance over the capital and liquidity ratios and associated reporting.

Key Responsibilities

As a Senior Associate, you’ll work as part of a team, helping our clients solve their complex business issues from strategy, assurance over regulatory reporting, remediation and responding to regulatory developments. Specific responsibilities include but are not limited to:

  • Work as part of a team on large and small engagements - working as part of a project team on client sites and day-to-day liaison with clients

  • Identify the impact of prudential regulatory change and supporting clients to adapt to the challenges a new regulatory landscape presents

  • Work on projects relating to various components of Pillar 1 credit, counterparty credit and market risk and/or liquidity requirements including regulatory reporting and associated governance and controls, risk management frameworks, policies and procedures, risk measurement, monitoring and reporting

  • Prepare regulatory analysis and reports

  • Support senior team members through the development of marketing and sales activities

  • Build relationships and network with clients and internally across PwC

  • Provide input to the debate on development and application of regulation and participate in PwC’s Thought Leadership

Who we are looking for
  • Previous experience in financial services prudential requirements.

  • Knowledge and experience of at least one of retail, commercial, wholesale and/or investment banking sectors.

  • An understanding of the COREP and other PRA prudential regulatory reporting requirements and associated governance and controls frameworks (relating to capital and/or liquidity)

  • An understanding of the overall credit and/or counterparty credit risk management lifecycle and associated credit/counterparty credit risk and the policies, procedures and strategies employed to manage this risk.

  • An understanding of trading books and market risk requirements and the policies, procedures and strategies to manage this risk.

  • An understanding of liquidity requirements and the policies, procedures and strategies to manage this risk.

  • Good technical experience and expertise in existing and future regulation in relation to credit, counterparty credit and/or market risk

  • Hands-on experience of IRB, SA-CCR, IMM and VaR

  • An ability to understand, interpret and communicate complex regulation.

  • Experience with systems and controls supporting prudential regulatory requirements.

  • A degree is desirable

Professional Attributes

  • Track-record of establishing and maintaining strong client relationships

  • Proactive approach to problem-solving and delivering client solutions

  • Excellent written and verbal communications skills

  • Good numerical skills

  • Ability to work to tight deadlines

Additional Requirements

The role will be based in Belfast but must be able to travel.

Closing Date 21st February 2020

Not the role for you?

Did you know PwC offer flexible contract arrangements as well as contingent work ( ie temporary or day rate contracting)?

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


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

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