Risk Management Consulting - Assistant Manager

Job Description

Mazars FS Consulting is experiencing exciting growth and we have various opportunities for talented and high performing individuals to be based in the London office given the opportunities arising from increasing regulatory scrutiny, supervision and demandfor external assurance.At present we are seeking to recruit additional talent to the Prudential and Risk Management Practice within our established Financial Services (FS) Consulting business unit. Role The Prudential and Risk Management Practice provides a number of tailored solutions to support our FS clients with their risk management framework, prudential compliance and management of change initiatives around risk and prudential regulations. This rolewill be primarily focused in the risk management service area which helps clients with arrangements they have or need to have in place to manage the risks they face in a robust and comprehensive manner.Typical engagements in the risk management service area include:

• Assessing and enhancing clients risk management frameworkhow risks are identified, measured, monitored, measured and reported
• Designing and implementing improvements to risk practices to ensure compliance with regulatory expectations and alignment to industry best practices.
• Assessing the impact of changing regulatory expectations on risk management framework
• Defining and implementing IT applications that support risk management practices
• Reviewing and drafting risk management related policies and procedures.
• Strengthening clients capabilities around data used for risk activitiesremediating poor quality data, implementing controls to safeguard ongoing data integrity, enhancing data governance arrangements.

The Senior Consultant will be expected to:

• Contribute to multiple client engagement teams, working with a wide variety of FS clients to deliver high quality professional services
• Work as part of small and large sized multi-disciplinary engagement teams to deliver the types of engagements listed above.
• Gather and analyse information, perform gap analysis, identify areas of improvements and offer value-adding recommendations.
• Be involved in workshops to resolve client issues, design robust processes / controls and develop an implementation plan.
• Work with stakeholders within clients organisational structure to implement improvements.
• Support the Engagement Manager to manage the execution of client engagements by monitoring and reporting on delivery status, identifying and promptly escalating any issues and risks that could impact delivery and providing guidance and quality review ofothers.
• Support in producing materials to help clients understand the impact of regulatory developments and changing risk practices on their business model, control framework, reporting obligations as well as capital and liquidity requirements.
• Develop client relationships, grow networks and assist in identifying and converting engagement opportunities
• Support the development of product offerings and preparation of technical proposals and pitches
• Assist in developing and delivering internal and external training materials
• Mentor, coach and develop junior team members

Specification Experience and Knowledge

• More than 3 years experience of working in a risk and control related role in either a consulting firm or FS industry
• Good understanding of products and services of Corporate and Investment Banks, Retail Banks and Investment Firms
• Experience of mapping business processes, roles and responsibilities, control frameworkand IT capabilities
• Demonstrated competence of risk management concepts such as risk appetite, KRIs, RCSA and lines of defence
• Working knowledge of risk management standards such as COSO Integrated Enterprise Risk Management Framework, ISO 31000 and other internal control frameworks
• Sound understanding of one or more of the following:
  • The UK and EU prudential regulatory framework, covering existing and forthcoming regulations, knowledge of the PRA Rulebook, Supervisory Statements, the FCA Handbook and the EU CRRII / CRDV
  • Internal Capital Adequacy Assessment Process (ICAAP), in particular Pillar 1 capital requirements, Pillar 2 risks, robustness of stress test scenarios; Internal Liquidity Adequacy Assessment Process (ILAAP), Internal Capital and Risk Assessment (ICARA),Regulatory Reporting (COREP, FINREP, PRA) and Resolution and Recovery Plan (RRP)

Personal Attributes

• Project management / organisational skills including being able to manage time effectively and work well with others in a team
• Strong relationship management skills and ability to develop and maintain internal and external network of contacts
• Strong interpersonal skills and can clearly present to senior level client executives
• Strong analytical skills, attention to detail and ability to critically review work
• Ability to manage projects independently
• Ability to suggest and implement ideas
• Acts as a role model setting high standards of quality
• Demonstrate commitment to self-development
• Promotes the firms values and beliefs, demonstrating integrity and maintaining an ethical stance

Inclusion and Diversity At Mazars inclusion and diversity are central to our values. We recognise that being an inclusive and diverse organisation makes us stronger as a business.We seek to attract and recruit people who reflect the diverse nature of our clients and communities, regardless of sexual orientation, gender identity, ethnicity, nationality, faith or belief, social background, age and disability. Mazars selects candidatesbased on skills, knowledge, qualifications and experience.