Regulatory Prudential Senior Manager

1 week ago


North West London, United Kingdom KPMG Full time

KPMG are looking for a talented Senior Manager to join our expanding Balance Sheet Optimisation team within our Financial Services Consulting practice.As a Senior Manager, you will be responsible for managing the delivery of a range of client engagements as well as supporting our leadership team in the identification of business development opportunities.You will be joining a proactive and forward-thinking specialist team that has secured a significant pipeline of interesting and challenging work.Role and Responsibilities
•    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
•    Overseeing Project Teams – this will include mentoring, coaching and overseeing performance development of other team members
•    Support KPMG's efforts in relation to sales and marketing, Research and Development and Knowledge Management
Experience and Skills required
•    Sophisticated understanding of banks or insurance business models and commercial drivers.
•    Established track record and experience in the PRA rules and guidance, particularly concerning prudential regulation
•    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, solvency II, 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
•    Demonstrated ability to be flexible and work across a number of sectors within the financial services industry
•    Solutions-driven mindset and problem-solving skills.
•    Strong communication and stakeholder/customer management skills.
•    Proficient in excel (macros, VBA etc.)
•    Positive and flexible attitude to work and a willingness to embrace new initiatives.
•    Industry recognised qualification (e.g. CISA, FPC, IMC, CFA etc.) desirable but not essential.



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