Manager (Advisory) – Regulatory Risk Consultant
Job Type : Permanent, Full Time
Salary : £65000 – £85000/annum + strong benefits/package
Manager (Advisory) – Regulatory Risk Consultant
An outstanding opportunity to join a fast growing practice area in a growing global consultancy. Taking companies e2e through ICAAP is an area that has been highlighted as important. Friendly environment, supportive, fast progression, low staff turnover, flexi-time and home working options.
* You will have prudential regulatory experience within investment firms, with a strong technical knowledge in prudential legislation and extensive expertise in ICAAP, ILAAP, RRP, capital adequacy calculations, risk management, risk assessment and quantification, prudential consolidation, financial regulatory reporting.
* You will manage client projects independently, manage a project team responsible for client deliverables and maintain direct communication with clients.
* The role has a significant focus on prudential regulation as relevant to firms such as stockbrokers, asset managers, wealth managers, FX/CFD traders, fund managers.
* The successful candidate will have a strong technical knowledge of Prudential legislation including the Capital Requirement Directives – CRD III and CRD IV and resulting Regulation and FCA rules, the Investment Firm Directive and Regulation -IFD/IFR and the equivalent prudential regime being introduced in the UK, the Markets in Financial Instruments Directive (MiFID II) and the Alternative Investment Fund Managers Directive (AIFMD).
* We are looking for an individual with several years’ experience in the financial services sector, either from industry or regulatory consulting, with good exposure to the prudential regulatory framework for investment firms.
Requirements
* Full familiarity with investment firms’ business models, and hands on experience of prudential requirements and regulatory framework of investment firms.
* Excellent understanding of EU and UK financial services legislation including MiFID II, AIFMD, UCITS Directive, CRD III, CRD IV, FSMA, Companies Act, IFR;
* Excellent grasp of the FCA Handbook and sound knowledge of GENPRU, BIPRU, IFPRU, IPRU (INV), CASS, SUP and specialist sourcebooks (e.g. FUND);
* Strong analytical skills including financial analysis and proficiency in MS Office.
* Excellent report writing, communication and presentation skills.
* Experience in liaising with clients and comfortable in dealing with senior management.
* Good knowledge of COREP, FINREP, PRA and FCA regulatory reporting rules and guidance.
* Solid experience in preparing financial projections and capital adequacy calculations, developing risk management frameworks, drafting/reviewing ICAAP, ILAAP, RRP, Liquidity policy, wind-down plan, stress testing, prudential consolidation analysis;
* Educated at least to A Level standard or equivalent;
* Desirable – Professional qualification (e.g. ACA, CFA, CISI/CII);
* Experience of supervising junior staff and developing team members;
* Excellent technical competence and quick learning skills, and ability to interpret complex regulatory requirements and convey practical and comprehensible advice in plain English;
* Able to use initiative, work unsupervised and comfortable in taking responsibility;
* Organised and able to meet strict deadlines;
* Results oriented with commercial awareness and a focus on business development
Brimstone Consulting acts as an employment agency (permanent) and as an employment business (temporary) – a free and confidential service to candidates. Brimstone Consulting is an equal opportunities employer. Due to time constraints we can only reply to applicants that match our clients’ specifications.
Our Data Protection number: ZA(phone number removed)
* Keywords: Prudential, Regulatory Risk, Liquidity Risk, MiFID II, AIFMD, UCITS Directive, CRD III, CRD IV, FSMA, Companies Act, IFR, RRP
