Risk & Capital Consultant – Wealth & Asset Management

  • Salary:£50,000 - £60,000
  • Location:London, England, United Kingdom
  • Job Type:Permanent, Full time
  • Company:Alexander Ash GmbH
  • Updated on:19 May 19

ICAAP, Capital, RCSA , Prudential, IFPRU, BIPRU, GENPRU, CRD IV, PRU, FCA, Operations Risk, Capital Adequacy, Asset management, Wealth Management, Investment Management

Our client, a reputable consulting firm, advises asset management firms, including traditional managers, hedge funds and wealth managers on a variety of issues and challenges.

Areas of focus include:

  • ICAAP
  • Risk management frameworks
  • Articulation of risk appetite
  • Risk registers
  • Risk and control self-assessments (RCSA)
  • Risk monitoring.

Responsibilities

  • Deliver high quality risk and capital engagements to top-tier asset management firms.
  • Know and apply risk and capital management rules and guidance for clients, based on a good understanding of asset management risks.
  • Be seen internally and externally as a technical specialist, providing ongoing support and technical assistance
  • Maintain up-to-date knowledge in areas of specialism and industry trends.
  • Prepare and help deliver presentations and seminars on risk and capital management
  • Assist with annual Risk and ICAAP Benchmarking Survey, including: drafting of survey questions; analysis of responses; identification of trends; report writing; and participating in client meetings to share findings from the publication.

Example Projects

Below are some example projects that we have worked on:

  • Assisted a global asset manager with addressing issues highlighted by the FCA, including helping design and implement a revised ICAAP
  • Established a risk management framework and risk register for the asset management division of a global investment bank
  • Designed a corporate governance structure and risk management framework for a European financial institution across banking, insurance and asset management

The Person

Experience, Knowledge and Skills:

  • Extensive knowledge and experience of applying FCA prudential handbooks e.g. IFPRU, BIPRU and GENPRU.
  • Working knowledge of the financial services industry, in particular the asset management sector (including wealth management).
  • Experience of working as a consultant, regulator or asset management firm, focussing on operational risk.
  • Gained a good knowledge of operational risk management frameworks and practices in asset management and other financial sectors.
  • Understand the expectations of the FCA and how this impacts asset management and other financial services firms.
  • Experience with ICAAPs and have a good understanding of CRD IV.