Prudential Regulation & Risk Management - Junior Consultant

Job Description Forvis Mazars is a leading global professional services network providing audit & assurance, tax, and advisory services. Forvis Mazars in the UK spans 14 offices across the nation and has over 3,400 professionals, with 190 partners. We have a clear purpose and a shared commitment to shape a better future.nYou'll join a collaborative and inclusive team where you're supported to grow your skills, explore new opportunities, and contribute from day one. You'll work with a diverse client base, develop meaningful connections, and gain experience that extends beyond your local team. Together, we grow, belong and impact.nOverview of the Team / Business UnitnThe Financial Services (FS) Consulting business unit provides a diverse range of risk and regulatory compliance services to our clients to help them stay compliant, with the vast web of regulations applicable to the industry. Predominantly clients are banks and insurers but can also include investment firms and payment institutions.nWe are looking to recruit a talented and high performingindividual to join the Prudential Regulation &Risk Management Practice within FS Consulting. The Prudential Regulation &Risk Management Practice provides a number of tailored solutions to support our FS clients with their risk management framework, prudential compliance as well as management of change and technology initiatives around risk and prudential regulations.nTypical engagements in the Prudential Regulation & Risk Management Practice include:nnReviewing and refining clients' ICAAP, ILAAP, ICARA, wind down andrecovery plans.nResponding to clients' queries on the interpretation and implementation of prudential rules.nReviewing COREP, FINREP, PRA 110, MIF and other regulatory returns.nSupporting the effectiveness of regulatory change projects.nSupporting assurance on clients' processing of regulatory data.nSupporting the review of firms' prudential risk management capabilities including reviews of relevant policies and procedures; and, how such risks are identified, measured, monitored, measured, and reported.nProviding internal audit subject matter expertise.nnRole & ResponsibilitiesnThe role of a Consultant is to support the team in delivering projects. This means assisting in all aspects of the project lifecycle; from the sales or business development' process, to project planning, execution of fieldwork and preparation of deliverables including actively contributing to final recommendations.nYou will be involved in non-client activities such as assisting with internal projects and research initiatives.nWe currently have a hybrid working model, so as a consultant you will split your time between working from home, visiting the office, client sites when required. With the potential of travel outside of the UK, depending on government guidelines.nAs a Consultant, you will be expected to:nnWork as part of small and large sized multi-disciplinary engagement teams to deliver the types of engagements listed above.nGather and analyse information, perform gap analysis, identify areas of improvements and offer value-adding recommendations.nDraft client-specific conclusions and recommendations based on research and project work undertaken.nSupport Engagement Managers in managing delivery of client engagements. This includes monitoring and reporting on delivery status, identifying and promptly escalating any issues and risks that could impact delivery and providing guidance and quality review of others.nDevelop client relationships, grow networks and assist in identifying and converting engagement opportunities.nSupport the development of product offerings and preparation of technical proposals and pitches to clients.nSupport in writing publications and producing materials to help others understand the impact of regulatory developments and changing risk management practices.nCoach and develop junior team members.nnWhat are we looking for?nn2-3 years' experience of undertaking risk, control or prudential reporting responsibilities working either in the FS industry, consulting firm or any of the FS regulators.nGood understanding of products and services within Corporate and Investment Banking, Wholesale and Retail Banking, Investment Services.nExperience or knowledge of reviewing business processes, governance arrangements, control framework, operating structures and supporting IT infrastructures.nExperience or knowledge of one or more of the following:nnThe UK prudential regulatory framework, covering existing and forthcoming regulations, specifically, knowledge of the PRA Rulebook, Supervisory Statements, the FCA Handbook and Basel 3.1.nPreparation or review of 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 Adequacy and Risk Assessment (ICARA), Regulatory Reporting (COREP, FINREP, PRA) and Recovery Plan (RP).nPreparation or review of Internal Capital Adequacy and Risk Assessment (ICARA) process and reporting under the Investment Firms Prudential Regime (IFPR).nGood understanding of the PRA's supervisory model including internal and external risk factors, and risk mitigants.nnKnowledge of, and experience in, risk management frameworks, processes, controls and practices in banking and/or investment firms. This may include responsibility for supporting the implementation of risk management practices or supporting the oversight of risks in a Risk Function role.nHolds a Masters' degree qualification or equivalent.nnPersonal AttributesnnAbility to express ideas with authority and conviction throughout verbal and written communication.nAbility to think creatively, generate innovative ideas, challenge the status quo, and deliver work effectively.nAbility to act as a role model setting high standards of quality.nProject management skills effective time management, handling conflicting priorities, working well with others in team, managing projects independently.nInterpersonal skills: the ability to build client relationships with a foundation of trust and responsibility.nAnalytical skills: the ability to think critically, research and solve problems.nAbility to multitask and work with tight timelines.nCommitment to self-development & learning.nAffinity with our values; in particular, respect for individuals, diversity, and integrity.nnDiversity, Equity & InclusionnAt Forvis Mazars diversity, equity and inclusion are central to our values. We value our people's unique backgrounds, perspectives, and experience, and know this diversity create better outcomes for our clients.nWe seek to attract,develop, and retain the best talent, inclusive of sex, ethnicity, disability, socio-economic background, sexual orientation, gender identity, nationality, and faith. nWe select candidates based on skills, knowledge,qualifications, and experience and aim to support all our team members to reach their potential. nAtForvis Mazars, we promote an environment in which you cangrowyour skills,belongto a team that values your ideas, and make animpactthat matters

Created: 2026-04-02