Sr Con - Prudential Regulation

Key skills and responsibilities:

• Candidate work as part of a team with extensive consulting and industry experience, helping our clients solve their complex business issues from strategy, implementation of regulatory change, regulatory gap analysis, remediation of compliance gaps, and responding to regulatory developments.
• Specific responsibilities include but are not limited to:

Working as part of a project team day-to-day liaison with clients

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

– Working on projects relating to various components of regulatory calculation and reporting under Pillar 1 (e.g. requirements for credit risk, market risk, leverage ratio, large exposures, liquidity reporting and other related areas);

– Regulatory gap assessments;

– Review, implementation and/or remediation relating to regulatory reporting and associated governance and control frameworks;

– Preparing regulatory analysis and reports.

Essential skills:

• Good written, numerical and verbal communication skills
• Knowledge and experience of at least one of retail, commercial, wholesale and/or investment banking sectors
• At least four experience in financial services prudential requirements.
• Hands-on experience in relation to regulatory reporting/COREP – either from an implementation standpoint or in a review capacity
• Strong relationship management skills as well as experience in managing teams.
• Experience of problem solving and being able to implement and deliver solutions tailored to a client’s needs
• The technical skills we are looking for are specific to Pillar 1 reporting requirements. We need individuals with skills in a combination of the following:

– Good level of understanding of COREP and other PRA prudential regulatory reporting requirements and associated governance and controls frameworks, as applicable

– Good level of understanding of the end-to-end reporting life cycle for retail and/or wholesale banks, associated policies, procedures, controls and governance

– Good level of understanding of regulatory requirements for one of credit risk, market risk, counterparty credit risk, leverage ratio, large exposures or liquidity reporting

– Technical experience and expertise in existing and future regulation (i.e. Basel 3.1)

• Furthermore, any working knowledge of Gen AI, Python would be beneficial (optional).
• Any hands on experience of working on regulatory reporting platforms such as Axiom, Regnology, SuadeLabs would be preferred.

Client management:

Develop strong working relationships with the client teams.

Maintain excellent rapport and proactive communication with the stakeholders and clients.

Operational excellence:

Suggest ideas on improving engagement productivity, including through the use of technology, and identify opportunities for improving client service.

Ensure compliance with engagement plans and internal quality & risk management procedures.

People related:

Display teamwork, integrity, and leadership. Work with team members to set goals and responsibilities for specific engagements.

In addition to being an exceptional individual contributor, manage engagements and relevant teams allocated for the same.

Foster teamwork and innovation.

Utilise technology & tools to continually learn and innovate, share knowledge with team members and enhance service delivery.

Conduct workshops and technical training sessions for team members.

Be actively involved in team building activity for strong group/team synergy

Contribute to the learning & development agenda and knowledge harnessing initiatives

Minimum qualifications:

Bachelor's/Master’s Degree in Commerce / Economics / MBA/ BBA (or) Chartered Accountant

Experience in retail, wholesale, commercial or investment banking and capital markets

Experience in working in a regulatory reporting team at a bank

Candidates with 4-6 years of relevant experience in similar role, preferably with a “Big 4” or equivalent