Balance Sheet Optimisation

4 weeks ago


London, United Kingdom KPMG-UnitedKingdom Full time
Job description

KPMG are looking for a talented Senior Manager to join our expanding Balance Sheet Optimisation team within our Financial Services Consulting practice. Our Balance Sheet Optimisation team provides advice to clients in Financial Services (banks, insurers, investment firms) on approaches for optimising their balance sheets considering prudential regulatory requirements, macroeconomic conditions, market dynamics and business strategy.

As a Senior Manager, you will be responsible for managing the delivery of a range of complex client projects, act as a technical subject matter expert in financial resource management and support our leadership team in the identification and development 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

What areas will you advise clients on?
Assisting clients in understanding the impact of prudential developments on their balance sheet and strategic approach to financial resource management ( CRDV/CRRII, Basel , Solvency II, etc.) Advising clients on mechanisms to optimise their balance sheet, financial resource management and achieve efficient capital structures Advising clients on their organisational design ( legal entity structuresbooking models and incentivisation), designing new organisational models and assessing the regulatory/operational implications of changes to their structures Advising firms on managing their relationship with PRA and FCA, including providing technical prudential advice on applications to the PRA and FCA for regulatory authorisations, permissions and waivers. Providing technical prudential regulatory support and on transactions ( forward-flow agreements, securitisations and M&A due-diligence activity) Practically supporting firms in developing the ICAAP, ILAAP, ORSA processes

What will be your role in the team?

Overseeing project teams and team development - this will include mentoring, coaching and overseeing performance development of other team members Client relationship management - support the team's efforts to build and maintain key client relationships through owning client relationships, developing thought leadership on key issues and having a market presence Project delivery - managing the start-to-end delivery of complex projects to deliver high quality (including risk management, financial monitoring, client delivery and stakeholder management) Business development - overseeing development of propositions and responses to client requests for proposals.

What will you need to do it?

A good understanding of banks or insurance business models, the market environment and commercial drivers Understanding of key regulatory and market developments which will impact the approach to financial resource management at banks/insurers An established track record and experience in the PRA rules and guidance, including technical knowledge of prudential regulation (for banks and/or insurers under CRR, Solvency II, etc.) 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/other regulators Solutions-driven mindset and strong problem-solving skills. Good communication and stakeholder/customer management skills. The 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 Intermediate proficiency in MS Excel, MS PowerPoint and MS Word. Industry recognised qualification (, FRM, ACA, etc.) desirable but not essential.

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