Risk and Regulation Advisory Consultant (Hiring Immediately)

Company Description

We believe in the power of ingenuity to build a positive human future.

As strategies, technologies, and innovation collide, we create opportunity from complexity.

Our teams of interdisciplinary experts combine innovative thinking and breakthrough technologies to progress further, faster. Our clients adapt and transform, and together we achieve enduring results.

We are over 4,000 strategists, innovators, designers, consultants, digital experts, scientists, engineers, and technologists. And we have deep expertise in consumer and manufacturing, defence and security, energy and utilities, financial services, government and public services, health and life sciences, and transport.

Our teams operate globally from offices across the UK, Ireland, US, Nordics, and Netherlands.

PA. Bringing Ingenuity to Life.

Job Description

• Hybrid working - our approach is to be in the office or on client site a minimum of 2 or 3 days per week. However, the actual time you spend and where you spend it will vary by role or assignment, including up to 5 days per week on a client site.
• London base office location

The Risk and Regulation team is a diverse team that provides high quality, innovative advice and solutions to financial services firms. Our team is growing and we are seeking to recruit consultants and industry experts with experience of, and a keen interest in any of our areas of focus:

• Enhancing firm’s approach to enterprise risk management (in particular non-financial risk management)
• Enhancing corporate governance and embedding an improved risk culture.
• Delivering effective regulatory change, including providing independent assurance and Skilled Person Reviews

As a Risk & Regulation Consultant at PA you will take on challenging, stimulating and innovative work. Our team has led some of the most exciting work that the consulting industry has seen for many years across Banking, Insurance and with the Regulators

• We have worked with the Boards and Executive Management of large global banks to improve their approach to governance and managing strategic risks
• We work closely with Financial Services regulators shaping new regulation and promoting innovation in the market
• Our team is at the forefront of the future of risk management, we advise top firms on their approaches to risk management in an AI-enabled world
• We work extensively on S166 Skilled Person reviews, where our teams bring their expertise and insight to support the Regulator to understand the biggest risks facing financial services firms.

Qualifications

To rise to the challenge this R&R Advisory Consultant brings, you will be an experienced consultant or industry expert who possess a strong track record in planning, delivering and executing complex projects in the financial services sector to address regulatory or risk management related requirements. You will also be able to:

• Develop and nurture client relationships successfully
• Lead projects with minimal but regular guidance
• React to changes in requirements, timeframes, data availability constructively
• Spot opportunities while on assignment and support sales activities within the capability to grow our business

We also require an in depth understanding, and demonstrable experience of at least one of the following:

• Significant experience in enterprise risk management within regulated financial services, gained through work in industry, a regulator, or consulting.
• Deep understanding of the three lines of defence model, including the design, operation and effectiveness of 2LOD risk functions and governance arrangements.
• Experience conducting independent risk, governance and controls reviews, including regulatory reviews, Section 166 Skilled Person reviews or equivalent assurance assessments.
• Experience designing, embedding and assessing risk management frameworks, including risk appetite, KRIs, risk reporting, management information and escalation processes.
• Strong understanding of FCA/PRA regulatory expectations for governance, risk management, controls and risk oversight in regulated firms.
• Awareness of the evolving regulatory and industry landscape, including the impact of regulatory change and emerging risks on financial services firms.
• Deep expertise in one or more areas of the risk taxonomy, such as enterprise risk, operational risk, conduct and compliance risk, prudential risk, or technology risk.

We offer the opportunity to join a growing team, in a role with management responsibilities and a clear path to progression

We know the skill-gap and ‘somewhat need to tick every box’ can get in the way of meeting brilliant candidates, so please don’t hesitate to apply – we’d love to hear from you.

Apply today by completing our online application

Please be aware that some of our UK roles at PA Consulting require a UK security clearance.

All PA people are required to undergo background checks and to achieve the Baseline Personnel Security Standard however, some UK roles also require higher levels of National Security Vetting, where applicants must have at least 5 years of continuous residency in the UK.

We therefore ask that you only apply if you meet the residency requirements (i.e. you are a British citizen or have been resident in the UK for the past 5 years), as this is the prerequisite for a security clearance. If you're unsure about your eligibility, we encourage you to review the UK Government’s guidance on security vetting before applying.

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Additional Information

Life At PA encompasses our peoples' experience at PA. It's about how we enrich peoples’ working lives by giving them access to unique people and growth opportunities and purpose led meaningful work.

Our purpose guides how we work with our clients and our teams, and support our communities, to deliver insight and impact, solving the world’s most complex challenges. We're focused on building a workplace that values human difference and diverse mindsets, and a culture of inclusion and equality that unlocks the potential in our people so everyone can be their best self.

Find out more about Life at PA here .

We are dedicated to supporting the physical, emotional, social and financial well-being of our people. Check out some of our extensive benefits:

• Health and lifestyle perks accompanying private healthcare
• 25 days annual leave (plus a bonus half day on Christmas Eve) with the opportunity to buy 5 additional days
• Generous company pension scheme
• Opportunity to get involved with community and charity-based initiatives
• Annual performance-based bonus
• PA share ownership
• Tax efficient benefits (cycle to work, give as you earn)

We’re committed to advancing equality. We recruit, retain, reward and develop our people based solely on their abilities and contributions and without reference to their age, background, disability, genetic information, parental or family status, religion or belief, race, ethnicity, nationality, sex, sexual orientation, gender identity (or expression), political belief, veteran status, or any other range of human difference brought about by identity and experience. We welcome applications from underrepresented groups.

Adjustments or accommodations - Should you need any adjustments or accommodations to the recruitment process, at either application or interview, please contact us on [email protected]