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Bank Authorisation and Regulatory Compliance - Manager

Date: Jan 23, 2019

Location: London, United Kingdom

Company: KPMG UK

AutoReq ID133032BR
Job TitleBank Authorisation and Regulatory Compliance - Manager
CountryUnited Kingdom
FunctionRisk Consulting
Service LineFRM
Service Line InformationUsing a wide variety of technical and sector-specific skills, KPMG's Risk Consulting group proactively helps clients increase profits whilst reducing reputational, operational, financial and other risks. We are experienced in managing diverse issues including fraud, regulatory compliance, risk frameworks and modelling, capital efficiency, corporate governance, dispute resolution, deriving value from contracts and much more.

As subject matter experts with a breadth of experience and specialism across industry, consulting, academia and regulators, the risk team offer the skills and levers to provoke and support complex and unique risk transformational projects in the financial services industry.

KPMG OverviewJoining KPMG means joining a talented team of exceptional colleagues who bring innovative thoughts and a natural curiosity to the work they do each day. No one type of person succeeds at KPMG; a diverse business requires diverse personalities, characters and perspectives. There really is a place for you here.

Job Description

The Market Opportunity

KPMG is a leading advisor to banks seeking a banking licence in the UK market whether as subsidiaries and branches of overseas banks or new start-ups. The bank authorisation market is particularly active currently as a result of Brexit requiring banks operating under EEA-branch licences in the UK to plan for the UK’s exit from the single market.

Furthermore, the team has a strong brand in the overseas banking market particularly with small to medium sized banks. In this ‘portfolio’ segment we support clients with advice and remediation support across the full spectrum of regulatory subject matters ranging from Governance Effectiveness reviews; to SMCR Compliance assessments through to Board level coaching and preparation for meeting with the Prudential Regulation Authority (“PRA”) and the Financial Conduct Authority (“FCA”).

The Role

- Managing and delivering engagements (which might include multi-disciplinary engagements), which would typically include gap analysis, transformational support, remediation, training and authorisation assistance Advising clients on the impact of the changing regulatory landscapes on their business models and supporting them through that change.
- Providing subject-matter expertise on engagements run by others.
- Developing and maintaining strong relationships with clients and building an external network.
- Developing and maintaining strong relationships with KPMG colleagues and building an internal network.
- Active mentoring, coaching and development of junior colleagues.
- Playing an active role in business development for the Banking Risk and Regulatory Team, which might include building of propositions and taking these to market as well as identifying opportunities for on-sell from existing client engagements.
- Playing a role in research, insight development and knowledge management.
- The delivery of all client work/internal projects to a high standard.

The Person

- Knowledge of the FCA and/or the PRA’s Supervisory Frameworks.
- Regulatory/operational experience of the FCA’s and/or PRA’s requirements covering corporate governance, SMCR, assurance and risk frameworks, organisational systems/controls and key customer interfaces.
- Knowledge of the UK Regulators’ approach to the banking authorisation application process desirable.
- Knowledge of UK regulatory expectations in relation to governance arrangements, including distinctions between EEA and Non-EEA branches and subsidiaries or UK incorporated entities.
- The ability to be flexible and work across a number of sectors within the financial services industry.
- Effective oral and written communicator (the role will involve report writing).
- Planning and project management skills.
- Issue identification and problem-solving skills.
- Proven ability to achieve results, even when faced with obstacles or setbacks.
- Positive and flexible attitude to work and a willingness to embrace new initiatives.
- Confident and highly motivated individual.
- Flexibility to work across the UK (and internationally) where required.


- Knowledge of the Banking sector is important, and knowledge of the investment and fund management, insurance and pensions sectors is useful but not essential.
- Experience of developing and maintaining internal and external senior stakeholder relationships.
- Experience in developing policy documentation in support of risk management frameworks desirable.
- Likely gained experience in a bank; at the PRA/FCA and/or anther leading professional services organisation.
- Knowledge of the regulatory requirements and expectations to regulated firms.
- Industry recognised qualification (e.g. CISI, FPC, IMC, CFA) desirable but not essential.

Our DealAt KPMG, your long-term future is every bit as important to us as it is to you. That’s why our aim is to give you experiences that will stay with you for a lifetime. Whether it’s great training and development, mobility opportunities or corporate responsibility volunteering activities – you’ll gain a wealth of experiences on which to build a rewarding career. We’re a firm that encourages you to be yourself, values your contribution, and inspires you to act as a role model, always focused on doing the right thing for each other, our clients and our communities.

We’re at our best when you’re at your best; that’s why we’ve created ‘Our Deal’ and ‘The Academy’. Our Deal is the way we speak about the colleague experience and the expectations we have of our people. We expect the best from our people and in return we provide a stimulating, collaborative environment where each person can reach their extraordinary potential. Through ‘The Academy’, you’ll have access to communities which will support and develop you so that you build your skills and career. From introducing secondment programmes to preferential banking, and student loan payments to your birthday off, we’re making sure that our people have an amazing experience.

Flexible WorkingWhile our client-facing professionals can be required to travel regularly, and at times be based at client sites, our flexible working arrangements can help you to achieve a balanced lifestyle. We offer part time roles with flexible working arrangements which could include, annualised hours, early or late starts to fit around other commitments, shorter working days etc. We are happy to discuss your own requirements and our range of flexible working arrangements in more detail, should that be of interest and, as part of the recruitment process, we can put you in touch with people who work flexibly.

Applying with a DisabilityKPMG are proud to be an inclusive, equal opportunity employer and we seek to attract and retain the best people from the widest possible talent pool. As a member of the Business Disability Forum we're committed to ensuring that all candidates are treated fairly throughout the Recruitment Process. Should you be successful after the initial application stage, please discuss with your recruitment contact any reasonable adjustments to our Recruitment Process that you may require.

KPMG's commitment to diversity

KPMG consistently features in the Sunday Times Best Big Companies to work for, which has been recognised with a special achievement award to mark our 10 years in the Top 25. We pride ourselves on being a place where your individuality is valued; you can be yourself and still achieve your potential. We believe that your individuality helps us to deliver the best results to our clients. Diversity of background, diversity of experience, diversity of perspective - that's the KPMG difference. But, don't take our word for it, find out more about diversity at KPMG by viewing our Policy

Policy for Agencies

KPMG has a commitment to sourcing candidates directly and as such we do not accept speculative CV’s from agencies. Please check here to see our policy on agencies: Policy

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