Balance Sheet Optimisation (BSO) Senior Manager (102111)

As a Senior Manager, you will be responsible for managing the delivery of a range of complex client projects, act as a technical subject matter expert in financial resource management and support our leadership team in the identification and development of business development opportunities.

You will be joining a proactive and forward-thinking specialist team that has secured a significant pipeline of interesting and challenging work.

Role and Responsibilities

What areas will you advise clients on?

• Assisting clients in understanding the impact of prudential developments on their balance sheet and strategic approach to financial resource management (e.g. CRDV/CRRII, Basel 3.1, Solvency II, etc.)
• Advising clients on mechanisms to optimise their balance sheet, financial resource management and achieve efficient capital structures
• Advising clients on their organisational design (e.g. legal entity structuresbooking models and incentivisation), designing new organisational models and assessing the regulatory/operational implications of changes to their structures
• Advising firms on managing their relationship with PRA and FCA, including providing technical prudential advice on applications to the PRA and FCA for regulatory authorisations, permissions and waivers.
• Providing technical prudential regulatory support and on transactions (e.g. forward-flow agreements, securitisations and M&A due-diligence activity)
• Practically supporting firms in developing the ICAAP, ILAAP, ORSA processes

What will be your role in the team?

• Overseeing project teams and team development – this will include mentoring, coaching and overseeing performance development of other team members
• Client relationship management – support the team’s efforts to build and maintain key client relationships through owning client relationships, developing thought leadership on key issues and having a market presence
• Project delivery – managing the start-to-end delivery of complex projects to deliver high quality (including risk management, financial monitoring, client delivery and stakeholder management)
• Business development – overseeing development of propositions and responses to client requests for proposals.

What will you need to do it?

• A good understanding of banks or insurance business models, the market environment and commercial drivers
• Understanding of key regulatory and market developments which will impact the approach to financial resource management at banks/insurers
• An established track record and experience in the PRA rules and guidance, including technical knowledge of prudential regulation (for banks and/or insurers under CRR, Solvency II, etc.)
• Relevant financial services experience with a prudential regulatory, treasury or ratings focus either as part of a financial services firm, ratings agency, consultancy or PRA/FCA/other regulators
• Solutions-driven mindset and strong problem-solving skills.
• Good communication and stakeholder/customer management skills.
• The ability to produce and deliver high quality technical analysis, using excellent oral / written communication skills and demonstrating breadth and depth of knowledge
• Demonstrated ability to be flexible and work across a number of sectors within the financial services industry
• Intermediate proficiency in MS Excel, MS PowerPoint and MS Word.
• Industry recognised qualification (e.g.CFA, FRM, ACA, etc.) desirable but not essential.