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Risk Transformation, FS Consulting, Senior Manager

Posted: 8 Jun 2021 Closes: 9 Jul 2021
London Competitive
Permanent & Full-time PwC_206313WD

A career in our Management and Risk Consulting practice, within General Consulting services, will provide you with the opportunity to help clients seize essential advantages by working alongside business leaders to solve their toughest problems and capture their greatest opportunities. We work with some of the world's largest and most complex companies to understand their unique business issues and opportunities in an ever changing environment. We help create sustainable change by stimulating innovation, unlocking data possibilities, navigating risk and regulatory complexity, optimising deals, and aligning costs with business strategy to create a competitive advantage.As a member of our team, you'll help the world's most significant organisations, public and private, quickly become more effective. We improve the way they operate, manage costs, better align people, process and technology initiatives; support business growth to maintain or improve competitive edge and complete market and regulatory risk assessment. In doing so, we focus on their agendas and the big issues they need to deal with, both today and in the future.
To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

As a Senior Manager, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

  • Encourage everyone to have a voice and invite opinion from all, including quieter members of the team.
  • Deal effectively with ambiguous and unstructured problems and situations.
  • Initiate open and candid coaching conversations at all levels.
  • Move easily between big picture thinking and managing relevant detail.
  • Anticipate stakeholder needs, and develop and discuss potential solutions, even before the stakeholder realises they are required.
  • Contribute technical knowledge in area of specialism.
  • Contribute to an environment where people and technology thrive together to accomplish more than they could apart.
  • Navigate the complexities of cross-border and/or diverse teams and engagements.
  • Initiate and lead open conversations with teams, clients and stakeholders to build trust.
  • Uphold the firm's code of ethics and business conduct.

On a day-to-day basis, you'll deliver complex risk related client engagements, primarily within the Risk function and Front Office. You will interact directly with client stakeholders, often owning specific deliverables on assignments, and Managers will additionally have line management responsibility for junior team members. Your role will also include supporting internal proposition and thought leadership development on industry specific offerings, and supporting the sales process through proposal development.

Successful candidates must be able to demonstrate that they can manage multiple tasks on projects. They would also need to have the capacity to take on greater responsibilities as they develop within the firm. They should be of an intellectually curious mindset and interested in continually developing their professional and technical skills. We would expect you to gain a broad range of experience before deciding whether to specialise in a specific area. Many projects give you the opportunity to work in multidisciplinary teams or with people from our network firms overseas.

Risk transformation is an ongoing focus area for many of our clients, in particular understanding how best to exploit new digital technologies (such as transitioning to cloud and leveraging new AI/analytics capabilities) and take advantage of emerging leading practices to improve financial performance and gain competitive advantage. Specifically this will include helping clients improve the effectiveness and efficiency of risk management across the enterprise, through advanced technology and data analytics, enabling process digitisation, capabilities transformation and managing the risks of pivoting to new digital and FinTech ecosystems. We are looking for people to join us who are excited by being at the cutting edge of transformational change in financial services and have relevant experience in one or more of these areas.

Required experience
  • Work experience or strong knowledge of a number of risk areas:
    • Financial risk management frameworks and operating models
    • Risk and data architecture
    • Credit and counterparty credit risk measurement and management
    • Market risk measurement and management
    • Traded risk management, valuations, derivative pricing and experience with booking models or hedging strategies
    • Capital requirements calculation and management under Basel III standards including FRTB and SA-CCR
    • Investment bank portfolio management, unwind or restructuring experience including with respect to Recovery and Resolution Planning activities such as Solvent Wind-Down
    • Data governance and strategy
    • Knowledge of the risk technology vendor landscape (including cloud)
    • Business analysis
    • Technical analysis

  • Experience or knowledge of digitisation or innovation strategies for risk management, such as the adoption of advanced analytics and modelling capabilities, or the shift to cloud nature 3rd party solutions
  • Relevant consulting / advisory experience in Banking and Capital Markets, Asset Management and/or Insurance
  • Experience of change or transformation programmes within the Risk function of large FS firms would be a benefit
  • Knowledge of Risk Reporting and MI projects, including knowledge of key regulatory reporting requirements (e.g. Corep, Finrep, Anacredit, Stress Testing)
  • Knowledge of regulatory change programmes (e.g. Basel III, IBOR reform, bi-lateral margining and RRP)
  • Direct experience of working in a relevant role in industry would be a benefit.
  • Previous experience of working in a consulting environment, with involvement in project management and delivery - ensuring these are completed on time and within budget.

Required skills and qualifications
  • You will be educated to bachelor degree level or equivalent
  • Have strong communication skills
  • Have quantitative skills with respect to pricing, risk measurement or data analysis
  • Have a logical and quantitative mind-set, with the ability to demonstrate a structured approach to problem solving
  • Ambitious and self-motivated with the ability to work with limited supervision.
  • Demonstrate that you stay abreast of industry and technology developments.
  • Have the potential to develop strong people management, client handling and development skills, including inter-personal sensitivity and influencing skills.
  • Have strong project and financial management skills.
  • Have strong technical, problem identification and analytical skills - with demonstrable experience in at least one of these areas.

Consulting

In Consulting we deliver practical, far-sighted advice that gets straight to the heart of clients' business issues and delivers amazing results by helping our clients improve the way they operate, reduce costs, manage risks, leverage talent or fundamentally change the way they do business, the work you do will be all about helping organisations of all shapes and sizes work smarter and grow faster. You could find yourself working with household names in a diverse range of industries - everyone from big-name broadcasters and high-street banks to multinational telecoms operators and energy companies.
Not the role for you?

Did you know PwC offer flexible contract arrangements as well as contingent work ( ie temporary or day rate contracting)?
The skills we look for in future employees

All our people need to demonstrate the skills and behaviours that support us in delivering our business strategy. This is important to the work we do for our business, and our clients. These skills and behaviours make up our global leadership framework, 'The PwC Professional' and are made up of five core attributes; whole leadership, technical capabilities, business acumen, global acumen and relationships.

Learn more here www.pwc.com/uk/careers/experienced/apply
Diversity

Valuing Difference. Driving Inclusion.

We work in a changing world which offers great opportunities for people with diverse backgrounds and experiences. We seek to attract and employ the best people from the widest talent pool because creating value through diversity is what makes us strong as a business, enabling us to solve important problems and deliver value to our clients. We encourage an inclusive culture where people can be themselves, are valued for their strengths and are empowered to be the best they can be. As an organisation with an increasingly agile workforce, we also support different ways of working offering flexible working arrangements. Learn more here about our work to support an inclusive culture.

www.pwc.com/uk/diversity
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