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Bank Authorisation and Regulatory Compliance - Senior Manager

Date: Feb 27, 2019

Location: London, United Kingdom

Company: KPMG UK

AutoReq ID142523BR
Job TitleBank Authorisation and Regulatory Compliance - Senior 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 OverviewKPMG is part of a global network of firms that offers Audit, Tax & Pensions, Consulting, Deal Advisory and Technology services. Through the talent of over 16,000 colleagues, we bring our creativity and insight to our clients’ most critical challenges.
With offices across the UK, we work with everyone from small start-ups and individuals to major multinationals, in virtually every industry imaginable. Our work is often complex, yet our vision is simple: to be the clear choice for our clients, for our people and for the communities we work in.

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.

Our Deal

Flexible Working

Our employees have many varied work schedules to suit their individual needs!

Our intelligent working options range from role sharing and flexible start and finish times, to home working and more informal arrangements agreed within teams.

Check out examples of KPMG employees enjoying different working patterns on our website and please do share your own individual requirements with us.

Applying with a DisabilityAs a member of the Business Disability Forum we're committed to ensuring a great experience for colleagues with a disability. Should you be successful after the initial application stage, please discuss any adjustments that you may require with your recruitment contact.

KPMG's commitment to diversity

We are proud of the value we place on individuality. We want you to bring your full self to work and maximise your potential. KPMG is a place where everyone can thrive, whatever their gender, ethnicity, disability, sexual orientation and socio-economic background.

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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