Assistant Manager, Recovery & Resolution Specialist, Advisory Corporate Finance

Basic informationLocationLondonService lineFinancial AdvisoryDate published14-Jun-2024Req #15242Job descriptionConnect to your IndustryDeloitte Advisory Corporate Finance has been transformed over recent years and is now seeking top talent with an impressive academic and professional background to join our successful and expanding team:One of the largest Advisory teams in the UK, operating across EMEA, with access to unrivalled resource across our global financial services practiceHighly experienced senior bench, comprised of a diverse set of individuals from financial institutions, regulators and the Big 4Significant relationships with major firms and regulators across the banking, insurance, asset and wealth management and Fintech sectorsMarket-leading offering which delivers quality, reliable and timely advice, and an exceptional track record of executionStrong and inclusive team culture with a commitment to help people reach their full potentialRecovery and ResolutionRegulatory priorities continue to shape the work of the team who specialise in helping those charged with governance build trust and confidence their business. The deep regulatory and practical expertise within the Recovery and Resolution team spans both Banking and Insurance sectors. The team delivers a first class client experience, supporting the stability of these financial institutions and the broader global economy.Connect to your career at DeloitteDeloitte drives progress. Using our vast range of expertise, that covers audit, risk advisory, and consulting services across tax, legal, business, technology and corporate finance, we help our clients become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.What brings us all together at Deloitte? It’s how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.Connect to your opportunityThe Recovery and Resolution team provides specialised market-leading advice, supporting the stability of banks and capital markets, in BAU and throughout periods of financial stress, recovery, resolution and restructuring. The team works closely with colleagues across Deloitte to bring strategic solutions.  We are currently looking for Assistant Managers to join the team.As a member of the team, we will provide you with ongoing support to allow you to grow as a leading specialist in your field. For this role, we are looking for a professional with experience working in the banking industry and exposure to recovery and resolution regulatory regime being advantageous.Responsibilities include:Undertaking specialist reviews of recovery and resolution planning including all key RAF barriersAssisting firms in preparing for and/or follow up actions arising from interactions with the BOE/PRA/SRB and other regulatory bodies on recovery and resolution, including but not limited to the RAF, expectations for banks and related regulatory requirementsBenchmarking firms’ approach to recovery and resolution compared with peer/industry practiceCollaborating with colleagues across the wider Advisory Corporate Finance practice to prepare firms for periods of distress, and providing guidance through these timesWorking on a portfolio of client engagements simultaneously, managing internal and client senior stakeholders’ expectations as well as developing junior members of the teamConnect to your skills and professional experienceEssential experience includes:Experience of successfully managing teams, within the banking  and wider financial services sectorExperienced of guiding and coaching junior talent through challenging situations and providing honest and constructive feedbackAn ability to deliver a high-quality service and manage a diverse range of clients simultaneouslyAble to build and foster trusted and lasting client relationshipsPractical and/or regulatory experience in one or more of the following areas:Assisting firms in preparing for and/or follow up arising from regulatory interactions on recovery and resolutionHands on experience of dealing with firms in distress including in a restructuring rolePractical experience working with banks, demonstrating a clear understanding of business models, product offerings, challenges to the industry and financial/regulatory conceptsDesirable experience/qualifications:A relevant professional qualificationConnect to your business - Financial AdvisoryStrong financial planning is just the start. This is where you can change the fortunes of an organisation, working with great minds across our business. Because there’s one thing that makes our advice better than our competitors: our people.Personal independenceRegulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.Connect with your colleagues“Deloitte gives you lots of opportunities to hone your skills and an open-door approach from the senior leadership makes it a great organisation to build your career with.”- Aditya, Business and Financial AdvisoryOur hybrid working policyYou’ll be based in London with hybrid working. Our hybrid model enables our people to collaborate, connect and innovate in both a virtual and physical capacity.   As well as remote working, you’ll attend your local office, virtual collaboration spaces and client sites, depending on the requirements of the role.  At Deloitte we understand the importance of balancing your career alongside your home life.  That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.Our commitment to youMaking an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.Connect to your next stepA career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careersWPFULL SLFINA