Prudential Pillar 2 Capital Liquidity - Senior Manager

About the role:

PwC's Prudential Risk and Regulation team assists clients with a wide array of prudential regulatory matters, including Pillar 1 and 2 capital and liquidity requirements, recovery and resolution planning, and regulatory reporting.

In terms of Pillar 2, we help clients meet Internal Capital Adequacy Assessment Process (ICAAP) and Internal Liquidity Adequacy Assessment Process (ILAAP) requirements through hands-on support, review and challenge, as well as training Boards and management teams. We interact with senior firm individuals, underscoring the significance of Pillar 2 in managing capital and liquidity adequacy. Our services include independent reviews of risk identification, risk assessment, stress testing, and capital and liquidity quantifications. We also prepare management for UK regulatory interactions, such as the Supervisory Review and Evaluation Process (SREP) and Senior Management Function interviews, through coaching and mock interviews.

Additionally, ICAAP and ILAAP documents are crucial for firms seeking a banking licence. We guide clients through the complex authorisation process, offering strategic, financial, and regulatory modelling advice, and regulatory documentation support. Our team collaborates with other PwC units to ensure robust governance, IT strategy, and operational resilience.

What your days will look like:

As a Senior Manager, you'll work as part of a team of problem solvers with extensive regulatory, advisory and industry experience, helping our clients solve their complex business issues from strategy to execution. Specific responsibilities include but are not limited to:

• Working as part of a team on a variety of large and small engagements
• Liaising directly with clients, including at board and senior management levels, and leading a number of these relationships
• Reviewing, challenging and providing peer and regulatory insights in relation to client-prepared documents, in particular ICAAP, ILAAP and RRP
• Drafting materials to support clients through the authorisation process including for example components of the Regulatory Business Plan, ICAAP, ILAAP, Recovery Plan and related policies and procedures
• Balancing multiple concurrent client projects and responding positively to uncertainty and change
• Relationship building and networking with clients and internally across PwC
• Leading and coaching more junior colleagues on both technical and relational components of the role, working with the Partners and Directors to help grow the Pillar 2 proposition

This role is for you if you have:

• Deep Industry or regulatory experience of ICAAP/ILAAP development, RRP delivery (particularly RAF/TWD) and/or the C-SREP/L-SREP process; or deep experience of supervision (from industry regulatory affairs, as an advisor or a regulator)
• Strong written and verbal communication skills, good numerical skills
• Strong relationship management skills and experience in managing projects and/or people
• Experience of problem solving
• Strong experience in financial services prudential requirements
• An applied understanding of prudential regulatory requirements and expectations applicable to banks and/or broker dealers

What you'll receive from us:

No matter where you may be in your career or personal life, our benefits are designed to add value and support, recognising and rewarding you fairly for your contributions.

We offer a range of benefits including empowered flexibility and a working week split between office, home and client site; private medical cover and 24/7 access to a qualified virtual GP; six volunteering days a year and much more.